The act of wrapping or enclosing agricultural products in a suitable material that will protect them as they are carried from farms to markets and exhibited for consumers to buy is known as packaging. Agricultural packaging is important because it protects agricultural products while also extending their shelf life. Every day, for example, hundreds of pounds of edible food are wasted owing to inadequate supply chain management. The Global report on the Agriculture Packaging Market is provided with the segment analysis on the basis of material, product and region.
Agriculture Packaging Market Scope:
The report includes qualitative and quantitative analysis of the Agriculture Packaging Market based on segmentation involving economic and non-economic factors. It also includes an in-depth analysis of the Agriculture Packaging industry from various perspectives by employing Porter’s five forces analysis. The report provides insight into the Agriculture Packaging Market through the value chain. The report offers historical data and forecasts revenue growth at country, regional and levels along with an analysis of the market trends in each of the sub-segments and regions. The competitive landscape in the report includes details by Agriculture Packaging competitors including company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The bottom-up approach was used to estimate the and regional Agriculture Packaging Market size.
Agriculture Packaging Market Overview:
Stellar Market Research provides a comprehensive description of Agriculture Packaging Market which helps to understand its feature in an optimized way. The projected statistics, significant advancements and income are all included in detail in the Agriculture Packaging research paper.
Agriculture Packaging Market size was valued at US$ 4.54 Bn in 2020. The Global Agriculture Packaging Market is estimated to grow at a CAGR of 5.56% over the forecast period.
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Agriculture Packaging Market Segmentation:
The market is divided into five material segments: plastic, metal, paper & paperboard, composite raw material, and others. In 2020, the Plastic segment held 38.8% of the agricultural packaging market.
Plastic’s growing use in this market can be attributed to its lightweight, durable, and cost-effective manufacturing characteristics, which are driving up demand for this segment. There are two types of plastics on the market: flexible plastics and stiff plastics. Insecticides and fertilisers are frequently packaged in plastic. The plastic segment is expected to grow during the forecast period due to the availability of low-cost raw materials such as polythene.
The Paper & Paperboard segment, on the other hand, is expected to grow at a CAGR of 4.6% over the forecast period. Paper, paperboard, and cardboard cartons are common in retail and shipping packaging. Corrugated cardboard provides exceptional structural stability when shipping, storing, and even promoting products.
The market is divided into Clamshells, Bulk Bags, Silo Bags, Pouches, and Others. In 2020, the Bulk Bags segment held 31.3% of the agricultural packaging market. The farm packaging market is likely to be dominated by bulk bags, and this dominance is expected to continue during the forecast period. Bulk bags can hold and transport thousands of pounds of dry goods. Bulk bags are widely used in the industry due to their increased shelf life, temperature control within the packaging, printing opportunities for branding and food labelling, and low cost.
Agriculture Packaging Market Key Players:
Amcor Limited (Australia)
Bemis Company, Inc. (US)
Sonoco Products Company (US)
Greif Inc. (US)
Mondi Group (South Africa)
Packaging Corporation of America (US)
NNZ Group (Netherlands)
LC Packaging International BV (Netherlands)
Silgan Holdings, Inc. (US)
Proampac LLC (US)
Flex-Pack (US)
Purity Flexpack Limited (India)
Epac Holdings LLC (US)
Kenvos Biotech Co., Ltd. (China)
Parakh Group (India)
Regional Analysis:
Each regional Agriculture Packaging market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Agriculture Packaging market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Agriculture Packaging report.
Key Questions answered in the Agriculture Packaging Market Report are:
- What is Agriculture Packaging ?
- What are the trends in the Agriculture Packaging Market?
- What are the upcoming industry applications and trends for the Agriculture Packaging Market?
- What are the factors contributing to the final price of Agriculture Packaging Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Agriculture Packaging Market?
- How is the intervention from regulatory authority shaping the Agriculture Packaging Market?
- What growth strategies are the players considering to increase their presence in Agriculture Packaging Market?
- Who are the leading manufacturers in Agriculture Packaging Market?
- What are the major challenges that the Agriculture Packaging Market could face in the future?
- Which region held the largest Agriculture Packaging Market share?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis of each segment and their sub-segments
- Landscape- Leading key players and other prominent key players.
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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