Report Overview

Global Agricultural Packaging Market - Industry Trends & Market Forecast

Global Agricultural Packaging Market - Overview

Agricultural packing plays an important role in global food supply. It enables farmers and food producers to supply food as efficiently as possible and prevents food loss during the production, production process, storage, and transportation phases. Additionally, it guarantees both short- and long-term stability for producers and customers. During the period in analysis between 2022 and 2028, BlueWeave Consulting expects Global Agricultural Packaging Market to grow at a moderate CAGR of 5.3%, to reach USD 7.68 billion by 2028. A new level of priority has been placed on agricultural packaging in recent years, given that 58% of food is lost during the production process, after harvest, and during transit. Major corporations across the world have started programs to use packaging that produces little or no waste in a sustainable way.

Segmental Coverage

Plastic Packaging to Command Sizable Market Share

As customers are favoring flexible packaging, plastic packaging is having a significant impact on global agricultural packaging market growth. For instance, the Flexible Packaging Association reports that more than 60% of North American consumers are willing to pay for the advantages of functional packaging, including, but not limited to, product protection, supply chain efficiency, and transportation friendliness. The least expensive film for packing is polyethylene. Barrier film is made from polyethylene polymers, such as high density polyethylene (HDPE), low density polyethylene (LDPE), and Linear low-density polyethylene (LLDPE). As it is simple to produce, polyethylene is coupled with gas/aroma barriers, such as PA and ethylene-vinyl alcohol copolymer (EVOH) for usage in a variety of applications. The linear low-density polyethylene grade is the most important one among these (LLDPE).

Growth Drivers

Growing Focus on Feeding Exploding World Population with Less Wastage

Consumer eating and food habits are changing as a result of rising population, urbanization, and changing lifestyles. As a result, packaged foods, such as organic and gluten-free foods, are high in demand. It has been observed that customers' increasing preference for healthy diets that are low in carbohydrates, gluten-free, and contain less antibiotics and growth hormones has spurred the demand for organic and natural food in the past. During the forecast period, there will be a significant demand for agricultural packaging due to the requirement for superior packaging for organic agricultural products to increase their shelf life.

Restraints

During the forecast period, it is anticipated that high raw material costs and rising utilization of out-of-date and discarded packaging materials will restrain the growth of the farm packaging market. Additionally, the environmental and recycling issues will emerge as the major obstacles to the expansion of the agriculture packaging market.

Global Agricultural Packaging Market - By Material

The market is divided into plastic, metal, paper & paperboard, and composites based on the kind of material. During the forecast period, the plastics segment is expected to hold the highest market share. As they are robust, lightweight, and inexpensive to produce, plastics are becoming more and more popular in the industry. Plastic is expected to experience significant expansion among material segments of the global agricultural packaging market in the coming years. The most popular packaging material is plastic, which accounts for between 30 and 40% of the market by material. Continuous innovations in the market have been sparked by the rise in demand for corrosion-resistant, lightweight materials. Plastic packaging for agricultural produces is becoming more popular due to factors including the rising popularity of packaged fruits and vegetables. In addition to improving product shelf life through the creation of an oxygen and moisture barrier, plastic packaging protects products from outside airborne contaminants and bacteria.

Global Agricultural Packaging Market - By Product

Pouches & Bags, Drums, and Bottles & Cans are the market's three main product divisions. During the period in analysis, the pouches & bags segment could hold the highest market share in global agricultural packaging market by product. The growth in the number of solid/dry formulation agrochemical product launches by major companies and aspects that may be linked to improved safety against transportation losses in a sustainable way are boosting the demand for this segment.

Global Agricultural Packaging Market - By Application

The market is divided into three segments based on application: chemical pesticides, chemical fertilizers, and biologicals. The market segment for biologicals is expected to record growth at the highest CAGR over the forecast period. Major growth factors for the segment include a rising need for effective and economical agricultural packaging solutions.

Source: BlueWeave Consulting

Global Agricultural Packaging Market - By Barrier Strength

During the forecast period, it is expected that the medium barrier type segment would dominate the market. The silage application segment is expected to dominate the market.

Impact of COVID-19 on Global Agricultural Packaging Market

Worldwide, the COVID-19 pandemic had a severe impact on a number of businesses, including the food production and distribution industry across the globe. The closure of the food processing industries had a significant impact on the manufacturing of agricultural packaging. In attempt to slow the rapid spread of COVID-19, governments all over the world employed drastic steps such as border seals, lockdowns, and the implementation of stringent social distancing measures. These activities had a devastating effect on the world economy, affecting the growth of global agricultural packaging market.

Regional Insights

Global Agricultural Packaging Market by geography covers major regions: North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA). Numerous investments are being made, and technology is advancing rapidly in APAC, including in agriculture. Smart technologies are being quickly embraced by the developing countries of the APAC area in all aspects of agriculture. The adoption of precision farming in the area is spurred by a number of factors, including ongoing technology breakthroughs, equipment cost reductions, social media usage, and online publications that spread awareness. ​

Competitive Landscape

With more new players entering the market, it is expected that global agriculture packaging market could continue to remain fragmented. In global agricultural packaging market, major players include Proampac LLC, Flex-Pack, NNZ Group, Sonoco, Pro-Pac, Greif Inc., Parakh Group, and Columbia Packaging Group (CPG).

Recent Developments

In June 2021, Polysack, a manufacturer of flexible packaging and high-shrink labels, teamed up with the Italian packaging company Flessofab to introduce a line of stand-up pouch packaging that is recyclable, eco-friendly, and suitable for a wide range of applications. For the Irish farm potato company Meade Farm Group, a paper-based high-strength packaging was created in May 2021 through a partnership between packaging and paper giant Mondi and the Polish biodegradable packaging firm SILBO. These new bags, which are certified as compostable and have a bio-based covering on the inside, are said to replace non-biodegradable plastic bags with paper ones.

Scope of the Report

By Material

• Plastic

1. Flexible Plastic
2. Rigid Plastic

• Metal
• Paper and Paperboards
• Composite Materials
• Others

By Product

• Pouches and Bags
• Drums
• Bottles and Cans
• Others

By Application

• Food Products
• Fertilizers
• Pesticides
• Biologicals
• Others

By Barrier Strength

• Low
• Medium
• High

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents
   5. Assumption & Limitation
3. Executive Summary
4. Global Agricultural Packaging Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Technological Advancement/Recent Development
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Global Agricultural Packaging Market Overview
   1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
         1. Plastic
            1. Flexible Plastic
            2. Rigid Plastic
         2. Metal
         3. Paper and Paperboards
         4. Composite Materials
         5. Others
      2. By Product
         1. Pouches and Bags
         2. Drums
         3. Bottles and Cans
         4. Others
      3. By Application
         1. Food Products
         2. Fertilizers
         3. Pesticides
         4. Biologicals
         5. Others
      4. By Barrier Strength
         1. Low
         2. Medium
         3. High
      5. By Region
         1. North America
         2. Europe
         3. Asia Pacific
         4. Latin America
         5. Middle East and Africa
6. North America Agricultural Packaging Market
   1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
      2. By Product
      3. By Application
      4. By Barrier Strength
      5. By Country
         1. United States
         2. Canada
7. Europe Agricultural Packaging Market
   1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
      2. By Product
      3. By Application
      4. By Barrier Strength
      5. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Rest of Europe
8. Asia-Pacific Agricultural Packaging Market
   1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
      2. By Product
      3. By Application
      4. By Barrier Strength
      5. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of Asia Pacific
9. Latin America Agricultural Packaging Market
   1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Material
      2. By Product
      3. By Application
      4. By Barrier Strength
      5. By Country
         1. Brazil
         2. Mexico
         3. Rest of Latin America
10. Middle East & Africa Agricultural Packaging Market
    1. Market Size & Forecast by Value, 2018–2028
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Material
       2. By Product
       3. By Application
       4. By Barrier Strength
       5. By Country
          1. Saudi Arabia
          2. UAE
          3. South Africa
          4. Rest of Middle East & Africa
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
12. Supplier Analysis
13. Impact of Covid-19 on Global Agricultural Packaging Market Industry
14. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Bemis Company
    2. Sonoco Products
    3. Mondi Group
    4. LG Packaging International BV
    5.  H.B. Fuller
    6. Atlantic Packaging
    7. NNZ Group
    8. DS Smith Plc
    9. Grief Inc
    10. Time Technoplast Ltd
    11. Berry Global Inc
    12. Proampac LLC
    13. Silgan Holdings Inc

15. Key Strategic Recommendations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List Of Figures

Figure 1: Global Agricultural Packaging Market Segmentation

Figure 2: Global Agricultural Packaging Market Industry Value Chain Analysis

Figure 3: Global Agricultural Packaging Market Size, By Value (USD Million),2018–2028

Figure 4: Global Agricultural Packaging Market Share (%), By Material, By Value, 2018–2028

Figure 5: Global Agricultural Packaging Market Share (%), By Product, By Value, 2018–2028

Figure 6: Global Agricultural Packaging Market Share (%), By Application, By Value, 2018–2028

Figure 7: Global Agricultural Packaging Market Share (%), By Barrier Strength, By Value, 2018–2028

Figure 8: Global Agricultural Packaging Market Share (%), By Region, By Value, 2018–2028

Figure 9: North America Agricultural Packaging Market Size, By Value (USD Million), 2018–2028

Figure 10: North America Agricultural Packaging Market Share (%), By Material, By Value, 2018–2028

Figure 11: North America Agricultural Packaging Market Share (%), By Product, By Value, 2018–2028

Figure 12: North America Agricultural Packaging Market Share (%), By Application, By Value, 2018–2028

Figure 13: North America Agricultural Packaging Market Share (%), By Barrier Strength, By Value, 2018–2028

Figure 14: North America Agricultural Packaging Market Share (%), By Country, By Value, 2018–2028    

Figure 15: Europe Agricultural Packaging Market Size, By Value (USD Million), 2018–2028

Figure 16: Europe Agricultural Packaging Market Share (%), By Material, By Value, 2018–2028

Figure 17: Europe Agricultural Packaging Market Share (%), By Product, By Value, 2018–2028

Figure 18: Europe Agricultural Packaging Market Share (%), By Application, By Value, 2018–2028

Figure 19: Europe Agricultural Packaging Market Share (%), By Barrier Strength, By Value, 2018–2028

Figure 20: Europe Agricultural Packaging Market Share (%), By Country, By Value, 2018–2028

Figure 21: Asia-Pacific Agricultural Packaging Market Size, By Value (USD Million), 2018–2028

Figure 22: Asia-Pacific Agricultural Packaging Market Share (%), By Material, By Value, 2018–2028

Figure 23: Asia-Pacific Agricultural Packaging Market Share (%), By Product, By Value, 2018–2028

Figure 24: Asia-Pacific Agricultural Packaging Market Share (%), By Application, By Value, 2018–2028 

Figure 25: Asia-Pacific Agricultural Packaging Market Share (%), By Barrier Strength, By Value, 2018–2028 

Figure 26: Asia-Pacific Agricultural Packaging Market Share (%), By Country, By Value, 2018–2028

Figure 27: Latin America Agricultural Packaging Market Size, By Value (USD Million), 2018–2028

Figure 28: Latin America Agricultural Packaging Market Share (%), By Material, By Value, 2018–2028

Figure 29: Latin America Agricultural Packaging Market Share (%), By Product, By Value, 2018–2028

Figure 30: Latin America Agricultural Packaging Market Share (%), By Application, By Value, 2018–2028

Figure 31: Latin America Agricultural Packaging Market Share (%), By Barrier Strength, By Value, 2018–2028

Figure 32: Latin America Agricultural Packaging Market Share (%), By Country, By Value, 2018–2028

Figure 33: Middle East & Africa Agricultural Packaging Market Size, By Value (USD Million),2018–2028

Figure 34: Middle East & Africa Agricultural Packaging Market Share (%), By Material, By Value, 2018–2028

Figure 35: Middle East & Africa Agricultural Packaging Market Share (%), By Product, By Value, 2018–2028

Figure 36: Middle East & Africa Agricultural Packaging Market Share (%), By Application, By Value, 2018–2028

Figure 37: Middle East & Africa Agricultural Packaging Market Share (%), By Barrier Strength, By Value, 2018–2028

Figure 38: Middle East & Africa Agricultural Packaging Market Share (%), By Country, By Value, 2018–2028

Figure 39: Global Agricultural Packaging Market Share Analysis, 2021

List Of Tables

Table 1: Global Agricultural Packaging Market Size, By Material, By Value (USD Million), 2018–2028

Table 2: Global Agricultural Packaging Market Size, By Product, By Value (USD Million), 2018–2028

Table 3: Global Agricultural Packaging Market Size, By Application, By Value (USD Million), 2018–2028

Table 4: Global Agricultural Packaging Market Size, By Barrier Strength, By Value (USD Million), 2018–2028

Table 5:Global Agricultural Packaging Market Size. By Region, By Value (USD Million), 2018–2028

Table 6: North America Agricultural Packaging Market Size, By Material, By Value (USD Million), 2018–2028

Table 7: North America Agricultural Packaging Market Size, By Product, By Value (USD Million), 2018–2028

Table 8: North America Agricultural Packaging Market Size, By Application, By Value (USD Million), 2018–2028

Table 9: North America Agricultural Packaging Market Size, By Barrier Strength, By Value (USD Million), 2018–2028

Table 10: North America Agricultural Packaging Market Size (USD Million), By Country, By Value 2018–2028 

Table 11: Europe Agricultural Packaging Market Size, By Material, By Value (USD Million), By Value 2018–2028

Table 12: Europe Agricultural Packaging Market Size, By Product, By Value (USD Million), By Value 2018–2028

Table 13: Europe Agricultural Packaging Market Size, By Application, By Value (USD Million), By Value 2018–2028

Table 14: Europe Agricultural Packaging Market Size, By Barrier Strength, By Value (USD Million), By Value 2018–2028

Table 15: Europe Agricultural Packaging Market Size (USD Million), By Country, By Value 2018–2028

Table 16: Asia-Pacific Agricultural Packaging Market Size, By Material, By Value (USD Million), By Value 2018–2028

Table 17: Asia-Pacific Agricultural Packaging Market Size (USD Million), By Material, By Value 2018–2028

Table 18: Asia-Pacific Agricultural Packaging Market Size (USD Million), By Product, By Value 2018–2028

Table 19: Asia-Pacific Agricultural Packaging Market Size (USD Million), By Application, By Value 2018–2028

Table 20: Asia-Pacific Agricultural Packaging Market Size (USD Million), By Barrier Strength, By Value 2018–2028

Table 21: Asia-Pacific Agricultural Packaging Market Size (USD Million), By Country, By Value 2018–2028

Table 22: Latin America Agricultural Packaging Market Size, By Material, By Value (USD Million), By Value 2018–2028

Table 23: Latin America Agricultural Packaging Market Size, By Product, By Value (USD Million), 2018–2028

Table 24: Latin America Agricultural Packaging Market Size, By Application, By Value (USD Million), 2018–2028

Table 25: Latin America Agricultural Packaging Market Size, By Barrier Strength, By Value (USD Million), 2018–2028

Table 26: Latin America Agricultural Packaging Market Size (USD Million), By Country, By Value 2018–2028  

Table 27: Middle East & Africa Agricultural Packaging Market Size, By Material, By Value (USD Million), 2018–2028

Table 28: Middle East & Africa Agricultural Packaging Market Size, By Product, By Value (USD Million), 2018–2028

Table 29: Middle East & Africa Agricultural Packaging Market Size, By Application, By Value (USD Million), 2018–2028

Table 30: Middle East & Africa Agricultural Packaging Market Size, By Barrier Strength, By Value (USD Million), 2018–2028

Table 31: Middle East & Africa Agricultural Packaging Market Size (USD Million), By Country, By Value 2018–2028 

Table 32:  List of Key Players and Their Offerings

Table 33:  Competitive Benchmarking, by Operating Parameters

Table 34       Bemis Company Overview

Table 35        Bemis Company Financial Overview

Table 36        Sonoco Products Company Overview

Table 37        Sonoco Products Financial Overview

Table 38        Mondi Group Company Overview

Table 39        Mondi Group Financial Overview

Table 40        LG Packaging International BV Company Overview

Table 41        LG Packaging International BV Financial Overview

Table 42        H.B. Fuller Company Overview

Table 43        H.B. Fuller Financial Overview

Table 44        Atlantic Packaging Company Overview

Table 45        Atlantic Packaging Financial Overview

Table 46        NNZ Group Company Overview

Table 47        NNZ Group Financial Overview

Table 48        DS Smith Plc Company Overview

Table 49        DS Smith Plc Financial Overview

Table 50        Grief Inc Company Overview

Table 51        Grief Inc Financial Overview

Table 52        Time Technoplast Ltd Company Overview

Table 53        Time Technoplast Ltd Financial Overview

Table 54        Berry Global Inc Company Overview

Table 55        Berry Global Inc Financial Overview

Table 56        Proampac LLC Company Overview

Table 57        Proampac LLC Financial Overview

Table 58        Silgan Holdings Inc Company Overview

Table 59        Silgan Holdings Inc Financial Overview