Agricultural Packaging Market Worth US$ 29.9 Billion by 2027 at CAGR of 4.43% | IMARC Group

IMARC Group has recently released a new research study titled "Agricultural Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global agricultural packaging market size reached US$ 23.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.7 Billion by 2027, exhibiting a growth rate (CAGR) of 4.43% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Agriculture packaging refers to process of designing, evaluating, and producing packages used for agricultural products, such as fertilizers, biologicals, and pesticides. It includes bulk bags, silo bags, pouches, clamshells, bottles, trays, and other containers made from plastic, paperboard, glass, jute, metal, and composite materials. It aids in enclosing, protecting, and preserving products for transportation, warehousing, logistics, sale, and end-use. It also elongates the shelf-life of the products, reduces unnecessary food wastage, and facilitates key market players in the labeling and branding of the products.

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Market Trends

The growing global population and rapidly expanding demand for food are resulting in the increasing trade of agricultural products across the globe. This, in confluence with the significant growth in the agriculture industry, represents one of the key factors positively influencing the market. Moreover, the increasing adoption of agriculture packaging for easy transport and storage, along with the ongoing development in logistics, is creating a favorable market outlook. Apart from this, due to the growing environmental concerns, researchers are introducing compostable bags made of natural plant starch that does not produce any toxic material on decomposition. Moreover, there is a minor change in temperature and flow rate parameters to produce compostable bags in the existing machinery process adopted for polythene bag manufacturing. This, in turn, is projected to stimulate the growth of the market worldwide. 

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List of Key Companies Covered in this Market Report:

Amcor Group GmbH
Bemis Company, Inc.
Sonoco Products Company
Greif, Inc., Mondi plc, LC Packaging International BV
Flex-Pack
NNZ BV
Silgan Holdings Inc.
ProAmpac Intermediate Inc.
Purity Flexpack Limited
ePac Holdings LLC

The report has segmented the market on the basis of material type, product, barrier strength, application and geography.

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 Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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