North America Agricultural Packaging Market Size, Share, and COVID-19 Impact Analysis, By Material (Plastics, Paper & Paperboard, and Molded Pulp), By Application (Horticulture, Poultry, and Mushroom), and by North America Agricultural Packaging Market Insights, Industry Trend, Forecasts to 2033
Industry: AgricultureNorth America Agricultural Packaging Market Insights Forecasts to 2033
- The North America Agricultural Packaging Market Size was valued at USD 416.1 Million in 2023.
- The Market is growing at a CAGR of 5.35% from 2023 to 2033
- The North America Agricultural Packaging Market Size is Expected to Reach USD 700.4 Million by 2033
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The North America Agricultural Packaging Market is Anticipated to Exceed USD 700.4 Million by 2033, growing at a CAGR of 5.35% from 2023 to 2033.
Market Overview
The North America agricultural packaging market encompasses the production and distribution of packaging solutions designed for the storage, protection, and transportation of agricultural products, including grains, fertilizers, pesticides, and fresh produce. These packaging solutions play a critical role in preserving product integrity, ensuring compliance with regulatory standards, and facilitating efficient supply chain operations across the agricultural sector. The market is driven by increasing demand for sustainable and durable packaging materials, rising agricultural production, and advancements in biodegradable and recyclable packaging solutions. The expanding horticulture and agrochemical industries further contribute to market growth, along with stringent regulations promoting environmentally friendly packaging alternatives. Additionally, technological innovations in smart packaging, which enhance traceability and extend product shelf life, support market expansion. Growing consumer awareness regarding food safety and contamination prevention has also accelerated the adoption of advanced agricultural packaging solutions. The U.S. Department of Agriculture (USDA) has introduced initiatives to support sustainable packaging development, including funding programs for research on biodegradable materials. The Canada Agricultural Partnership (CAP) allocates financial assistance to businesses adopting eco-friendly packaging practices. These initiatives aim to promote sustainability, enhance food security, and improve packaging efficiency within the agricultural sector, reinforcing market growth across North America.
Report Coverage
This research report categorizes the market for the North America agricultural 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 North America agricultural 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 North America agricultural packaging market.
North America Agricultural Packaging Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 416.1 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.35% |
2033 Value Projection: | USD 700.4 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 112 |
Segments covered: | By Material ,By Application |
Companies covered:: | Amcor plc, FormTight, Inc., DS Smith, Mondi, Atlantic Packaging, FLAIR Flexible Packaging Corporation, PPC Flexible Packaging LLC, Flexpack, Transcontinental Inc., Tekni-Plex, Inc., Sealed Air, Sonoco Products Company, Huhtamaki Oyj, CLONDALKIN GROUP, ProAmpac, Genpak, Others, |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
The North America agricultural packaging market is driven by increasing demand for sustainable and durable packaging solutions, advancements in biodegradable materials, and rising agricultural production. The expansion of the horticulture and agrochemical industries further contributes to market growth. Stringent environmental regulations have accelerated the adoption of recyclable and eco-friendly packaging alternatives. Additionally, technological innovations such as smart packaging, which improves traceability and extends product shelf life, enhance industry competitiveness. Growing consumer awareness regarding food safety and contamination prevention has also fueled demand for advanced packaging solutions. Investments in research and development continue to drive innovations in sustainable agricultural packaging.
Restraining Factors
The North America agricultural packaging market faces challenges such as high production costs for sustainable packaging materials, stringent regulatory compliance, and limited availability of biodegradable alternatives. Additionally, fluctuations in raw material prices and supply chain disruptions impact market stability. Resistance to transitioning from conventional to eco-friendly packaging further hinders widespread adoption.
Market Segmentation
The North America agricultural packaging market share is classified into material and application.
- The plastics segment is expected to hold the largest market share through the forecast period.
The North America agricultural packaging market is segmented by material into plastics, paper & paperboard, and molded pulp. Among these, the plastics segment is expected to hold the largest market share through the forecast period. This is attributed to their superior durability and ability to protect agricultural products from external factors such as moisture, pests, and physical damage during transportation and storage.
- The poultry segment dominates the market with the largest market share over the predicted period.
The North America agricultural packaging market is segmented by application into horticulture, poultry, and mushroom. Among these, the poultry segment dominates the market with the largest market share over the predicted period. The increasing demand for fresh and processed poultry products has led to the adoption of advanced packaging solutions that enhance shelf life, prevent contamination, and ensure efficient transportation.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the North America agricultural 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
- Amcor plc
- FormTight, Inc.
- DS Smith
- Mondi
- Atlantic Packaging
- FLAIR Flexible Packaging Corporation
- PPC Flexible Packaging LLC
- Flexpack
- Transcontinental Inc.
- Tekni-Plex, Inc.
- Sealed Air
- Sonoco Products Company
- Huhtamaki Oyj
- CLONDALKIN GROUP
- ProAmpac
- Genpak
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-added resellers (VARs)
Market Segment
This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America agricultural packaging market based on the below-mentioned segments:
North America Agricultural Packaging Market, By Material
- Plastics
- Paper & Paperboard
- Molded Pulp
North America Agricultural Packaging Market, By Application
- Horticulture
- Poultry
- Mushroom
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