Agriculture Packaging Market by Product Type (Pouches, Bags / Bins, Silo bags, Clamshells, Bottle, others), Material Type (Plastic, Rigid, Flexible, Paper Board, others), Barrier Type, Application & Region - Forecast to 2021 - 2031
Agriculture Packaging Market - Analysis, Outlook, Growth, Trends, Forecasts
- July 2021
- 211 pages
Agriculture Packaging Market Snapshot
Future Market Insights (FMI) forecasts that agriculture packaging market will grow at 5.4% CAGR during the forecast period 2021-2031. Increasing preference for e-commerce retailing of agricultural products and banning of single use and non-recyclable plastic across various countries are key growth drivers.
FMI market analysis predicts that the agriculture packaging market is forecast to reach the market valuation of US$ 6,152 Mn with sales exceeding 2,431,593 tons in 2021.
North America is expected to provide lucrative growth opportunities backed by increasing export and production rate of agriculture packaging in U.S. Spurred by this, the North America agriculture packaging worth is projected to expand at 4.4% CAGR in 2021.
Key Points Covered in Agriculture Packaging Market Study
- Market estimates and forecast 2021 – 2031
- Key drivers and restrains impacting market growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competitive Mapping and Benchmarking
- Brand share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact On Agriculture packaging Market
- Recommendation on Key Winning Strategies
2016 – 2020 Agriculture Packaging Market Outlook In Comparison to 2021 – 2031 Forecasts
Rise in oceanic pollution and high carbon emission due to extensive use of plastic packaging has fueled the demand for sustainable, eco-friendly agriculture packaging products in last few years. FMI, in its market analysis indicated that, agriculture packaging market expanded at about 4.8% CAGR in past five years.
Strategic collaboration between leading agriculture packaging companies is on the cards to strengthen their market position. Market players are focusing on new products launches to gain competitive advantage and penetrate new markets.
For instance, in May 2021, packaging and paper giant Mondi collaborated with polish compostable packaging company called SILBO to develop a paper-based high-strength packaging for the Irish farm potato business Meade Farm Group. It is claimed that these new bags will replace non-biodegradable plastic with paper and are certified as compostable and has bio-based coating on the inner side of the bags.
For instance, in June 2021, Polysack, a flexible packaging and high shrink labels manufacturer partnered with an Italian packaging manufacturer Flessofab and launched a series of recyclable, eco-friendly, and stand up pouch packaging for large variety of applications.
Increasing government initiatives to spread awareness regarding harmful effects of plastic, banning of plastics in multiple countries, and implementation of strict laws regarding usage of non-biodegradable packaging for insecticides and pesticides will create lucrative opportunities for agriculture packaging market.
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Demand for Increasing Agrochemicals Driving Agriculture Packaging Sales
The global agriculture packaging market has witnessed impressive growth in the past few years, due to growing need for convenience packaging for agricultural products. Company’s initiatives will encourage the consumers to use sustainable agriculture packaging products. Therefore, agriculture packaging market has great opportunities in upcoming years.
Agriculture packaging manufacturers are mainly highlighting on mounting footprint through convenience and sustainable packaging. Several packaging solutions such as pouches, bags, bottles, etc. with better ability to withstand unwanted atmospheric conditions such as rain, sunlight, etc. and help in increasing the shelf life of pesticides. Containers, pouches, bags, etc. which are used for packaging of pesticides also provides protection from climatic, mechanical and biological factors.
Agrochemicals are critical to the agricultural sector, as they facilitate growth of the sector while preventing/reducing the impact of disasters. Therefore, the need for packaging for agricultural products is expected to remain as critical during the forecast period as it is now.
Globally, by material type, the plastic agriculture packaging segment is estimated to dominate the market, in 2021, by market value. The global agriculture packaging market by product type, has been segmented into pouches, bags/bins, silo bags, clamshells, bottle, trays, bulk containers, and others.
Among product type, the bags/bins and pouches segment of agriculture packaging market together accounts for more than 70% market share by value in 2021. Bags/bins segment of agriculture packaging market is expected to grow at more than 5.8% CAGR during the forecast period.
Among the barrier type segment, the medium barrier type segment is anticipated to dominate the market, during the forecast period. Among the application segment, the silage segment is anticipated to dominate the market, during the forecast period.
The global market has been segmented into seven regions, i.e. North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Latin America, Middle East & Africa (MEA) and Japan. The APEJ region is projected to register the highest CAGR of 6.9% by value, during the forecast period.
Few of the key players in the global agriculture packaging market include Bemis Company, Inc., Sonoco Products Company, Mondi Group, LC Packaging International BV, Packaging Corporation of America, H.B. Fuller Company, Atlantic Packaging, NNZ Group, Parakh Agro Industries Ltd., International Paper Company, DS Smith Plc, Smurfit Kappa Group Plc, KapStone Paper and Packaging Corp, Silgan Holdings, Inc., Tetra Pak International S.A., Greif, Inc., Time Technoplast Ltd., Berry Global, Inc., Proampac LLC, and Klöckner Pentaplast Group among others.
This list is indicative - full details about prominent agriculture packaging manufacturers is available upon request
Agriculture packaging Market – Report Scope
2021 – 2031
Historical Data Available for
2018 – 2028
US$ Mn for Value & Units for Volume
Key Regions Covered
North America, Latin America, Eastern Europe, Western Europe, Japan, Asia Pacific excluding Japan, and Middle East and Africa
Key Countries Covered
US, Canada, Brazil, Mexico, Argentina, Rest of Latin America, Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Rest of Western Europe, Russia, Poland, Rest of Eastern Europe, India, China, ASEAN, ANZ, Rest of APEJ, GCC Countries, Turkey, South Africa, Iran, Israel, and Rest of MEA.
Key Segments Covered
By Product type, By Material type, By Barrier type, By Application Type, and By Region
Key Companies Profiled
Market Overview, Market Background, Market Forecast, Segmental Analysis, Regional Profiling and Competition Analysis
Customization & Pricing
Available upon Request
Key Segments Covered in Agriculture packaging Market Study
By Product Type:
- Bags / Bins
- Silo bags
- Bulk Containers
By Material Type:
- Paper Board
- Corrugated Board
- Carton board
By Barrier Type:
- Seeds & Pesticides
- Food grains
- Vegetable & Fruits
- North America
- Latin America
- Rest of Latin America
- Western Europe
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific Excluding Japan
- Australia & New Zealand
- Rest of APEJ
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA