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Agriculture packaging plays a crucial role for inhancing self life of the agro based product. These packaging is used for providing the higher product safety, ease to transport, and prolonged storage, for example, fruits, vegetables, grains. The growth of the market for agriculture packaging is driven by a few factors such as growing population and rising awareness about wastage of food products. The global Agriculture packaging Market Size is expected to grow at a CAGR of 4.7% during the forecast period.
Asia-pacific region dominates the global agriculture packaging market
Geographically, the global Agriculture packaging market has been divided into four major regions: North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia-Pacific leads the global Agriculture packaging market and is expected to grow at the fastest CAGR during the forecast period, followed by North America and Europe. Asia-Pacific is the major contributer for the agriculture packaging market. The major players who operate in Agricultural Packaging Market Sizes are mainly focusing on expanding their business in Asia-pacific region because of high growth of agricultural sectors and high number of farmers in this region. As a result of growth in agricultural sectors, various other related industries such as pesticides, seed, fertilizers, are expected to grow very fast during the forecast period. Growth in the packaging business in Asia-Pacific is the another factor for the growth of the market. In addition, Number of supermarkets and hypermarkets is also growing in the region also the key factor for driving the growth of the Agriculture packaging market in the coming years. Moreover, China and India are the major contributor to Asia-Pacific market because of growing trade opportunities of agrochemicals in these countries.
In addition, Europe is expected to be another major contributor and is expected to growth fast during forecast period because of growing food market. Introduction of eco-friendly materials, development in packaging standards, and innovative packaging are the major factors which drives the market growth in Europe. agricultural packaging for fertilizers is expected to enhance the growth rate in Europe. Horticultural products are not only packaged for retail sale, but also some supermarkets are preferring pack fruits and vegetables with adequate packaging such as plastic trays, cling-film, and others which lead the growth of the market in Europe. North America is also expected to grow very fast. The main cause of growing market in North America is presence of many consumer goods agricultural packaging companies such as ProAmpac, Greif, Novolex and others.
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The prominent players in the agriculture packaging market include Mondi (Austria), H.B. Fuller Company (US),Anderson Packaging Inc (US), Sonoco Products Company (US), LC Packaging (Netherlands), Atlantic Packaging (US), RM CONVERTERS (India), Flex-Pack (The US),Packaging Corporation of America (US), NNZ Group (Netherlands), ProAmpac (US), Greif (US), Novolex (US) among others.
This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global agriculture packaging market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.
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