The agricultural packaging market was valued at US$3,130.667 million and is anticipated to grow at a CAGR of 5.45% during the period 2018-2024. The demand for agricultural packaging is spurring on account of the burgeoning need to improve supply chains by reducing the food wastage. According to the UK’s Birmingham Energy Institute, more than 90% of the food wastage in developing countries occurs during storage and transportation. Thus, rise in awareness regarding the loss of food products during harvest and shipping across global market is significantly driving the demand for sustainable and cost-effective agricultural packaging solutions. Growing cases of pest attacks is boosting the usage of various crop protection chemicals which, in turn, escalating the demand for agricultural packaging solutions for agrochemicals. By material, plastic holds a considerable market share on account of high demand for packaging of pesticides and fertilizers. Moreover, pesticides in liquid form are often packed in plastic bottles or cans, thus positively impacting the demand for plastic as packaging material.
The Agricultural Packaging Market – Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by material, product, and geography.
The agricultural packaging market has been segmented based on material, product,and geography. Based on material, the market has been segmented into plastic, paper and paperboards, composite materials, and others. By product, the market has been segmented into trays, pouches and bags, films, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North Ameria, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 16 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the agricultural packaging market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the agricultural packaging market.
Paper and Paperboards
Pouches and Bags
Middle East and Africa