Increasing shelf life for pesticides and other agrochemicals are driving revenue growth of the global agriculture packaging market
The global agriculture packaging market has witnessed impressive growth in the past few years, due to growing need for convenience packaging for agricultural products. Company’s initiatives will encourage the consumers to use sustainable agriculture packaging products. Therefore, agriculture packaging market has great opportunities in upcoming years.
Agriculture packaging market manufacturers are mainly highlighting on mounting footprint through convenience and sustainable packaging. Several packaging solutions such as pouches, bags, bottles, etc. with better ability to withstand unwanted atmospheric conditions such as rain, sunlight, etc. and helps in increasing the shelf life of pesticides. Containers, pouches, bags, etc. which are used for packaging of pesticides also provides protection from climatic, mechanical and biological factors. Agrochemicals are critical to the agricultural sector, as they facilitate growth of the sector while preventing/reducing the impact of disasters. Therefore, the need for packaging for agricultural products is expected to remain as critical during the forecast period as it is now.
Future Market Insights (FMI) delivers key insights on the global agriculture packaging market in its published report, titled “Global Agriculture Packaging Market: Industry Analysis 2013 – 2017 and Opportunity Assessment 2018–2028”. In terms of revenue, the global agriculture packaging market is estimated to expand at a CAGR of 5.3% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.
Agriculture packaging is used for the storage of agricultural products such as pesticides, seeds, food grains, silage, fruits & vegetables, etc. by using pouches, bags/bins, silo bags, clamshells, bottle, trays, and bulk containers.
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Agriculture Packaging Market: Segmental Insights
The global market for agriculture packaging is further segmented as per product type, material type, barrier type, application and region. On the basis of product type, global market for agriculture packaging is segmented into pouches, bags/bins, silo bags, clamshells, bottle, trays, bulk containers, and others. On the basis of material type, the global agriculture packaging market is segmented into plastic, paper board, glass, jute, and others. In addition, based on the barrier type, the global agriculture packaging market is segmented into low barrier, medium barrier and high barrier. Furthermore, based on the application, the global agriculture packaging market is segmented into seeds & pesticides, silage, food grains and vegetables & fruits. This report assesses trends driving growth of each market segment on the global level and offers potential takeaways that prove substantially useful for other potential market entrants in the agriculture packaging market.
Agriculture Packaging Market: Regional Forecast
The North America agriculture packaging market Include country level analysis for the U.S. and Canada. The U.S. agriculture packaging market is expected to grow at a CAGR of 4.3% over the forecast period. The Latin America agriculture packaging market include country level analysis for Brazil, Mexico, and Rest of Latin America. The Brazil agriculture packaging market is expected to expand at a CAGR of 5.2% over the forecast period. The Western Europe agriculture packaging market includes country level analysis for Germany, Italy, U.K., France, Spain, Benelux, and Rest of Europe. Germany accounts for a significant market share in the Western Europe agriculture packaging market.
The Eastern Europe agriculture packaging market includes country level analysis for Russia, Poland, Ukraine and Rest of Eastern Europe. The Russia agriculture packaging market is expected to expand at a CAGR of 4.9% over the forecast period. The Asia Pacific excluding Japan agriculture packaging market includes country level analysis for China, India, ASEAN, Australia and New Zealand and Rest of APEJ. The APEJ agriculture packaging market represents most lucrative geographic region wherein China represents substantial incremental opportunity over the forecast period. The Middle East and Africa (MEA) agriculture packaging market includes country level analysis for GCC, South Africa, Turkey, Northern Africa and Rest of MEA. The Japan agriculture packaging market is expected to grow at a CAGR of 5.5% over the forecast period.
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Agriculture Packaging Market: Competitive Analysis
In this report, we have discussed individual strategies followed by top companies in terms of enhancing their product portfolio, creating new marketing techniques, mergers and acquisitions. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share collectively. Key players operating in the global market for agriculture packaging include Bemis Company, Inc., Sonoco Products Company, Mondi Group, LC Packaging International BV, Packaging Corporation of America, H.B. Fuller Company, Atlantic Packaging, NNZ Group, Parakh Agro Industries Ltd., International Paper Company, DS Smith Plc, Smurfit Kappa Group Plc, KapStone Paper and Packaging Corp, Silgan Holdings, Inc., Tetra Pak International S.A., Greif, Inc., Time Technoplast Ltd., Berry Global, Inc., Proampac LLC, and Klöckner Pentaplast Group.
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