According to the latest report by IMARC Group, titled “Agricultural Packaging Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2020-2025,” the global agricultural packaging market size experienced healthy growth during 2014-2019. Agricultural packaging helps in the storing and packaging of agricultural products, such as the harvest, fertilizers and pesticides, to protect them from spoilage and contamination. It is economical, provides easy printing options for branding and food labeling, and assists in keeping the contents fresh, increasing their shelf life and maintaining adequate temperature.
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Market Trends
The growing population has escalated the demand for food across the globegr which in turn is propelling the market growth. Agricultural packaging minimizes the unnecessary wastage of food during post-harvest treatment procedures, production process, storage and transportation. Apart from this, owing to the rising environmental concerns, leading manufacturers in the industry are increasing their budget for research and development (R&D) activities. Moreover, they are focusing on product innovations, including the usage of eco-friendly and sustainable packaging materials, such as woven polypropylene, which is anticipated to fuel the market growth in the coming years.
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Breakup by Material Type:
- Plastic
- Flexible Plastic
- Rigid Plastic
- Metal
- Paper and Paperboards
- Composite Materials
- Others
Breakup by Product:
- Pouches and Bags
- Drums
- Bottles and Cans
- Others
Breakup by Barrier Strength:
- Low
- Medium
- High
Breakup by Application:
- Food Products
- Fertilizers, Pesticides and Biologicals
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Amcor Limited, Bemis Company Inc., Sonoco Products Company, Greif Inc., Mondi Group, LC Packaging International BV, Flex-Pack, NNZ Group, Silgan Holdings Inc., Proampac LLC, Purity Flexpack Limited, Epac Holdings LLC, etc.
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