Global Agricultural Packaging Market – Overview:
Agricultural packaging involves maintaining the original properties of agro based products which are packed and transported to grocery store shelves. It is very crucial to understand the importance of agricultural packaging for short term as well as for long term business goals. Utilizing the right agricultural packaging is important for delivering freshest and most cost-effectively shipped products. Agricultural packaging needs to be considered as a chunk of agricultural commodities are lost during the production process, in storage, and in transportation. There are a variety of products, which require numerous kinds of packaging solutions as per requirement. Materials such as plastic films & corrugated boards are likely the most used agricultural packaging material types across the globe. Agricultural packaging offers ventilation of heat and increases the cooling rate of package’s content. During transit and handling, agricultural packaging also adverts possible injury to produce packaging contents
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Global Agricultural Packaging Market – Dynamics:
The agricultural packaging market is being driven by the rise in awareness about the depletion of food products during harvest & shipping to local as well as global markets. Moreover, the rise in urbanization coupled with continuous growing population across the globe is expected to create enormous pressure on the overall food production resulting in high demand for efficient & cost effective agricultural packaging solutions. Agricultural packages provide oxygen as well as moisture barrier resulting in increased shelf life of the agro products that is expected to drive the agricultural packaging market over the forecast period. Nowadays, there is a mounting demand for agricultural packages equipped with monitoring equipment which can be used to track the quality of any product as well as adjust the temperature.
Global Agricultural Packaging Market – Segmentation:
The global agricultural packaging market is segmented on the basis material type and end user industry.
On the basis of material type, the global agricultural packaging market is segmented into:
- Plastic Rigid Flexible
- Paper Board Corrugated Board Carton board
On the basis of barrier type, the global agricultural packaging market is segmented into:
On the basis of product type, the global agricultural packaging market is segmented into:
- Bags / Bins
- Silage bags / wraps
On the basis of applications, the global agricultural packaging market is segmented into:
- Seeds & Pesticides
- Food grains
- Vegetable & Fruits
Global Agricultural Packaging Market – Regional Overview:
Geographically, the agricultural packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).
The agricultural packaging market in North America & Europe are likely to show linear growth throughout the forecast period as this market has relatively achieved maturity and are expected to lose a sizable amount of share to Asia Pacific. Key manufacturers that operate in established agricultural packaging markets are eyeing APAC markets to grow economically by efficiently using the resources from India and other developing countries at a reasonable rate. The Asia-Pacific market is likely to propel as the most lucrative market for the growth of agricultural packaging. As a result of an increase in agricultural production, various other end-use industries such as seed, pesticides & fertilizers, etc. is estimated to witness a healthy growth over the forecast period. Latin America and MEA region are expected to show a constructive growth rate during the forecast period as a result of growth in agricultural sector. Overall, the global agricultural packaging market is estimated to show a robust CAGR over the forecast period.
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Global Agricultural Packaging Market – Key Players:
Some key players that currently operate in the global agricultural packaging market are LC Packaging International BV, H.B. Fuller Company, ABC Packaging Direct LLC, Atlantic Packaging Corp., Purity Flexpack Limited, Anderson Packaging, Inc., RM Converters, and many others.