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This has further resulted in an increased demand for cost-efficient and effective packaging, thereby contributing to the growth of the Global Agricultural Packaging market. Global Agricultural Packaging protects the items from breakage or leakage until used. It also protects the food against hazards during storage and distribution.
Segmental Analysis
The Global Agricultural Packaging market is segmented on the basis of material, product, barrier strength, and application.
By barrier strength, the market is segmented into low, medium, and high. Among these, the medium barrier strength segment dominates the market as it is highly preferred by agrochemical manufacturers and farmers due to their cost-effective packaging solutions.
The application segment comprises chemical pesticides, chemical fertilizers, biologicals, and others. Among these, chemical fertilizers are used on a large scale.
Regional Frontiers
Geographically, the Global Agricultural Packaging market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).
Considering the global scenario, the Asia Pacific region acquire the largest share in the global market. The regional market is likely to expand at the highest CAGR over the forecast period, mainly due to the increasing demand for food in the region’s ever-increasing population. The large production capacity of agrochemicals in India and China has made it possible for local and private companies to launch their products. The fragmented packaging industry, high labor power, and increased availability of packaging materials in the region have resulted in lower production cost. Also, with the surging demand for biologicals, efficient infrastructure, and growing trade opportunities for agrochemicals, the Global Agricultural Packaging market is experiencing an upthrust.
Competitive Dashboard
The top players dominating the global Global Agricultural Packaging market includes H.B. Fuller Company (US), Ondi (Austria), Sonoco Products Company (US), Anderson Packaging Inc (US), Atlantic Packaging (US), RM CONVERTERS (India)
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