Global Agriculture Packaging Market Insights Forecasts to 2033

• The Global Agriculture Packaging Market Size was Valued at USD 7.64 Billion in 2023
• The Market Size is Growing at a CAGR of 5.48% from 2023 to 2033
• The Worldwide Agriculture Packaging Market Size is Expected to Reach USD 13.02 Billion by 2033
• North America is Expected to Grow the fastest during the forecast period.

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The Global Agriculture Packaging Market Size is Anticipated to Exceed USD 13.02 Billion by 2033, Growing at a CAGR of 5.48% from 2023 to 2033.

 

Market Overview

Agricultural packaging is the practice of enclosing, preventing, and preserving agricultural products for their distribution, storage, consumption storage, and sale. The process of preparing, evaluating, and producing packages is used especially for agricultural products and is also included in the agriculture packaging term. It represents a coordinated system that assures the agricultural products are ready for storage properly, transported, and are logistically handled until their final distribution and prospective use. The appeal for farming packaging is rising by the reason of the increasing demand for yield in supply chains by minimizing food waste. The crucial safeguard offered by agricultural packaging helps in keeping the inside contents free from any wetness, toxins, contaminants, or microorganisms. This is anticipated to fuel the demand for agriculture packaging solutions in the upcoming years. Innovations in agriculture practices and the expanding demand for food due to increasing populations are expected to stimulate growth in the global market. In addition, increasing the use of fertilizers and pesticides in farming is anticipated to keep the demand for agriculture packaging substantial throughout the predicted time. Also, the upgraded shelf life of biologicals and agrochemicals is expected to certainly benefit the global market growth.

 

Report Coverage

This research report categorizes the market for global agriculture packaging market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global agriculture packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global agriculture packaging market.

 

Driving Factors

The rising global population and the significant development in food demand propel the need for adequate and sustainable agriculture packaging solutions. Packaging plays an essential role in preserving the quality, safety, and shelf life, quality, and safety of agricultural products, assuring they reach consumers in excellent conditions. Due to the worldwide expansion of the e-commerce sector, the need for agricultural packaging is significantly increasing. In recent years people have preferred online shopping and need more product protection, which might contribute to the global market's growth throughout the predicted period. Pest infestations are increasing, propelling demand for several crop protection chemicals such as fertilizers and insecticides, both of which are harmful. Due to this, they demand enhanced packaging to lower risk when storing, handling, and shipping these agrochemicals, expanding up demand for agricultural packaging solutions for agrochemicals to continue their shelf life.

 

Restraining Factors

The variance in raw material prices, as well as the transformation of old and rejected packaging materials, are the central threats restraining the growth of the global agricultural packaging market. The sector faces a big problem in maintaining the pricing of packaging products due to the rising volatility of oil prices. Thus the involvement of harmful chemicals inside agrochemical packaging, and the regeneration of packaging waste have been a limit beyond the industrial packaging industry, and even more so for agriculture packaging.    

 

Market Segmentation

The global agriculture packaging market share is segmented into product, material, and application.

• The pouches & bags segment dominates the market with the largest market share through the forecast period.

Based on the product, the global agriculture packaging market is segmented into pouches & bags, drums, bottles & cans, and others. Among these, the pouches & bags segment dominates the market with the largest market share through the forecast period. Pouches & bags play a significant role in agriculture packaging by providing safeguard, comfortable, and customizable packaging clarification for a broad array of agricultural products. They offer unique and are accessible to different product sizes and packaging demands, assuring the security and showcasing of agricultural products throughout the supply chain. Thereby, propelling the segment growth in the global market.

 

• The plastic segment is anticipated to grow at the fastest CAGR growth through the forecast period.

Based on the material, the global agriculture packaging market is segmented into plastic, metal, paper and paperboard, composite materials, and others. Among these, the plastic segment is anticipated to grow at the fastest CAGR growth through the forecast period. The expansion of the segment is attributed to its features including lightweight, endurance, and low cost. The essential benefits of plastics are their volatile accessibility to vapor, light, gas, and low molecular weight molecules also the high risk that substances will immigrate into the food product. Even though non-renewable energy resources are used to make plastics, plastic packaging might be recycled and manufactured from recyclable materials. It is best to avoid using it for applications involving food contact, especially with organic food. Combining polyethylene (PE) with polypropylene (PP), two common plastics found in food packaging, results in polyolefin.

 

• The fertilizers segment accounted for the largest revenue share through the forecast period.

Based on the application, the global agriculture packaging market is segmented into fertilizers, pesticides, seeds, and others. Among these, the fertilizers segment accounted for the largest revenue share through the forecast period. Fertilizers are perceptive to moisture, heat, and exposure to air. Packaging materials used for fertilizers need to provide efficient safeguards against these components to moderate product quality and efficiency. Packaging should protect against moisture ingress, lowering exposure to light and oxygen, and offer impediment characteristics to protect against nutrient loss or degeneration.

 

Regional Segment Analysis of the Global Agriculture Packaging Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific is anticipated to hold the largest share of the global agriculture packaging market over the predicted timeframe.

 

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Asia Pacific is anticipated to hold the largest share of the global agriculture packaging market over the predicted timeframe. Due to the rising agriculture industry. The region is home to some of the world's biggest agriculture producers, including China and India. They have a broad range of agricultural products, including grains, meat, dairy products, fruits, and vegetables. The rising population and increasing middle-class consumer base in countries like China and India are propelling the demand for competent packaging solutions to assure the quality and prevention of agricultural products.

 

North America is expected to grow at the fastest CAGR growth of the global agriculture packaging market during the forecast period. Due to the modern infrastructure and stringent quality standards. The region has a robust framework that enables the agriculture industry, including capable transportation networks, modern storage facilities, and advanced packaging technologies. The transportation of agricultural products from farms to markets is made easier by this infrastructure, which increases demand for dependable and effective packaging solutions. Furthermore, the region's agriculture sector is renowned for its strict restrictions and high standards of quality. This focus on quality also applies to packing, which is essential for maintaining the integrity, safety, and freshness of agricultural products. Packaging solutions in certain areas frequently have to adhere to stringent guidelines for traceability, labeling, and product safety..

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global agriculture packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• TIPA Ltd
• SmartSolve Industries
• Ozsoy Plastik
• Ultra-Green Sustainable Packaging
• Hosgor Plastik
• Eurocell S.r.l
• Tetra Pak International S.A.
• Kruger Inc
• Amcor PLC
• Mondi
• International Paper Company
• Smurfit Kappa
• DS Smith
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

• In May 2023, Tambrite Aqua+ is a new circular packaging material for frozen and chilled food packaging that reduces the need for fossil-based plastics and improves recyclability after use. 

 

• In March 2023, A paper band to hold products or bundles was developed by package company Mondi and Swiss converter ATS-Tanner, cutting down on extra plastic. By including a functional barrier on both sides of the paper, ATS-Tanner transforms Mondi's Advantage MF SpringPack kraft paper into a band. Without the need for adhesive, the paper is sealed utilizing ultrasonic technology.     

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global agriculture packaging market based on the below-mentioned segments: 

 

Global Agriculture Packaging Market, By Product

• Pouches & Bags
• Drums
• Bottles & Can
• Others

 

 

Global Agriculture Packaging Market, By Material

• Plastic
• Metal
• Paper and Paperboard
• Composite Materials
• Others

 

Global Agriculture Packaging Market, By Application

• Fertilizers
• Pesticides
• Seeds
• Others

 

Global Agriculture Packaging Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa