Agricultural Packaging Market 2022 Size, Status and Global Outlook- LC Packaging International, Grief Inc, Mondi Group, NNZ Group, Packaging Corporation of America

The Agricultural Packaging  market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Agricultural Packaging market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Agricultural Packaging industry and provides data for making strategies to increase market growth and effectiveness.

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The agricultural packaging market is expected to reach a CAGR of 5.5% during the forecast period (2022 - 2027)

Markets Segmentation:

Top leading Companies Profiled in Agricultural Packaging Market Report 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

News and Updates

- In June 2022 - 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 2022 - 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.

Market Overview

The demand for agricultural packaging increases due to the increasing demand for improving supply chains by reducing 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. Hence the growing awareness regarding the loss of food products during harvesting and shipping drives the demand for cost-effective and sustainable agricultural packaging solutions.

- The increasing pest attacks drive the demand for various crop protection chemicals such as pesticides and fertilizers and are toxic. Hence, they need advanced packaging to reduce the risk while handling, storing, and transporting these agrochemicals, which escalates the demand for agricultural packaging solutions for agrochemicals to increase their shelf life.

- According to an article published in the journal of Environmental Science and Technology, food travels an average of 4,200 miles. This creates demand for innovative packaging solutions to cater to farmers' requirements, processors distributors who sell in the global and national markets. Moreover, agricultural packaging solutions are experiencing the horizontal integration approaches that bring printing capabilities, easy packaging solutions, and additional value-adding solutions to packaging closer to the packaging solution providers.

- Furthermore, technological innovation, sustainability trepidations, and attractive economics drive the demand for innovative packaging solutions. Nowadays, there is a growing demand for agricultural packages equipped with monitoring equipment, which can be used to track the quality of any product and adjust the temperature.

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

- 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._

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Key Takeaways from Agricultural Packaging Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Agricultural Packaging market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Agricultural Packaging market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Agricultural Packaging

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In conclusion, the Agricultural Packaging market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Agricultural Packaging Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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