Summary

Global Agricultural Packaging Market Segments, Size, Share, Future Scope, Growth, Analysis — by Material (Plastic, Paper & Paperboard, Metal, Glass), Product (Pouches, Bags, Bottles, Trays), Barrier Strength (High, Medium, Low), Application (Chemical Pesticides, Chemical Fertilizers, Biologicals) and Region — Forecast till 2023

Agricultural Packaging Market Scenario

Agricultural packaging must fulfil various requirements. It must hold the items constantly and protect them from leakage or breakage till they are used. It also helps in protecting food against many hazards during distribution and storage. It also protects the food from damage caused by insects and birds and secure it from crushing or other physical damage. The another major advantage of adequate packaging of these product is protecting it from the effects of heat and light and resist moisture which can cause softening or other types of quality deterioration. In addition, many innovations in the packaging industry and advancement in technology are lso leading the way for a number of opportunities for the market growth. Because of this, many companies are spending alot in research and development and are coming up with technically advanced methods of packaging such as better sealing capabilities, leakage proof, extended shelf life, and reusability.

The agricultural packaging market is estimated to garner a CAGR of 4.7% during the forecast period (2017-2023), unveils Market Research Future (MRFR) in a detailed report. Agricultural packaging assists in maintaining the original properties of agro-based products, which are packed and then transported to the grocery stores.

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Competitive Dashboard

The top players dominating the global agricultural packaging market includes

• B. Fuller Company (US)
• Ondi (Austria)
• Sonoco Products Company (US)
• Anderson Packaging Inc (US)
• Atlantic Packaging (US)
• RM CONVERTERS (India)
• LC Packaging (The Netherlands)
• Packaging Corporation of America (US)
• Flex-Pack (US)
• ProAmpac (US)
• NNZ Group (Netherlands)
• Greif (US), Novolex (The US).

Market Potential and Pitfalls

The agricultural packaging market has witnessed a tectonic surge over the past few years, mainly due to the evolving e-commerce sector across the globe. With consumers preferring online shopping, there is a high requirement for product protection. This further elevates the scope for the agricultural packaging market across the globe. People are getting more conscious regarding food depletion and agro-based products. This acts as a major driving factor for the market. Governments across the world are taking initiatives for adequate storing and packaging of the products to reduce wastage. The ever-increasing population in economies like India and China has led to tremendous pressure on the production channels of food. This has further resulted in an increased demand for cost-efficient and effective packaging, thereby contributing to the growth of the agricultural packaging market. Agricultural packaging protects the items from breakage or leakage until used. It also protects the food against hazards during storage and distribution. Such benefits of agricultural packaging are fueling the market growth.

Scope of the Report

This study provides an overview of the global agricultural packaging market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global FMCG packaging market by material type, end-products, application and region.

By Material

• Paper & Paperboard
• Plastic
• Metal
• Glass
• Others 

By Products

• Pouches
• Bags
• Bottles
• Trays
• Others

By Barrier Strength

• Low
• Medium
• High 

By Application

• Food & Beverages
• Cosmetic & Personal Care
• Pharmaceutical
• Others 

By Region

• North America 
• Asia-Pacific 
• Europe
• Rest of the World  

Regional Frontiers

Geographically, the agricultural packaging market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

Considering the global scenario, the Asia Pacific region acquire the largest share in the global market. The regional market is likely to expand at the highest CAGR over the forecast period, mainly due to the increasing demand for food in the region’s ever-increasing population. The large production capacity of agrochemicals in India and China has made it possible for local and private companies to launch their products. The fragmented packaging industry, high labor power, and increased availability of packaging materials in the region have resulted in lower production cost. Also, with the surging demand for biologicals, efficient infrastructure, and growing trade opportunities for agrochemicals, the agricultural packaging market is experiencing an upthrust.

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