Agricultural Packaging Market Key Players, Industry Demand, Overview And Supply Chain Analysis, Forecast To 2025

The Agricultural Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Agricultural Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Agricultural Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Agricultural Packaging market.

The agricultural packaging market is expected to reach a CAGR of 5.5% during the forecast period (2020 - 2025).

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Top Leading Companies of Agricultural Packaging Market are - LC Packaging International, Grief Inc, Mondi Group, NNZ Group, Packaging Corporation of America, Sonoco Products Company, Epac Holdings LLC, Silgan Holdings, Bemis Company Inc, BAG Corporation, DuPont de Nemours Inc., Amcor plc and others.

Industry News and Updates:

- In June 2020 - Amcor plc partnered with Espoma Organic, a lawn and garden brand, to innovate sustainable packaging and launch a new bio-based polymer package. The polyethylene (PE) film contains 25 percent bio-based material derived from sugar cane in this case.

- In June 2020 - Mondi, a global packaging and paper group, has completed the implementation of a new state of the art paper sack converting machine at its Ny-regyh-za site in Hungary. The machine can allow the plant to open a new line of paper sacks for food packaging and can help to produce more than 130 million sacks annually.

Key Market Trends:

Plastic Packaging to Hold the Significant Market Share

- Plastic packaging is influencing market growth due to the rising demand for flexible packaging as consumers prefer these solutions. For instance, according to the Flexible Packaging Association, more than 60% of North American consumers are ready to pay for functional packaging benefits, such as product protection, supply chain efficacy, and shipping friendly, among others.

- Polyethylene is the cheapest packaging film. The polyethylene materials that are being used for barrier film include HDPE, LDPE, and LLDPE. Polyethylene is easy to process and is combined with gas/aroma barriers, such as PA and EVOH, for their use in various applications. The essential grade of material among these is the linear low-density polyethylene (LLDPE). It is a high-clarity film that is widely used for food packaging.

- Moreover, Plastics are used in either rigid or flexible form as the packaging material for fertilizers and pesticides. The factors such as lightweight, durable, and economical to manufacture are the reasons behind the growing adoption of plastic in the market.

Asia-Pacific to Witness Highest Growth

- Asia-Pacific is experiencing many investments and technological advancements, such as AI-based technologies in agriculture. The emerging countries of the APAC region are rapidly adopting smart technologies across the agriculture space. The adoption of precision farming in the region is fueled by various factors, like continuous advancements in technology, a reduced price of equipment, social media use, and online publications that help create awareness.

- Chinese e-commerce giant Alibaba recently got into the farming sector by deploying artificial intelligence in agriculture to assist farmers in increasing crop yield, simultaneously reducing costs. In their smartphones, Alibaba’s digitally-recorded information was accessed by farmers, enabling them to monitor whether fruits are ready to be harvested or any pest attack on their standing crops.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Agricultural Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Agricultural Packaging Market (%),2016 - 2026
- Agricultural Packaging Market Share, By Brand
- Agricultural Packaging Market Share, By Company
- Agricultural Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Agricultural Packaging Market Value Analysis & Forecast
- Promising Agricultural Packaging Development by Major Companies
- Detailed Agricultural Packaging Portfolio of the Major Companies
- Major Deals in the Agricultural Packaging Market
- Major Companies Analysis

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This release was published on openPR.