Global Agricultural Packaging Market 2016-2020

Global market overview for agricultural packaging

The global market for agricultural packaging is estimated to witness moderate growth and will post a CAGR of over 4% by 2020. Much of this market’s growth can be attributed to the growing demand for organic food products across the globe. It has been noted that during the forecast period, the demand for organic and natural food will increase due to the consumer’s preference for healthy diets that are gluten-free, low in carbohydrates, and contain fewer antibiotics and growth hormones. Since organic agricultural products require superior packaging to increase the shelf life of the products, an increase in the global demand for organic food will subsequently result in the high demand for agricultural packaging during the forecast period.

Another crucial factor that is estimated to have a positive impact on the growth of this market is the increasing demand for small-sized packs. It has been observed that the global demand for small-sized packs is increasing due to the increasing number of single-person households and their ability to allow brand switching. Additionally, most retailers prefer smaller packages as they occupy less shelf space and allow them to stack more items. Such benefits have compelled packaging companies to expand their product portfolio and material offerings.

Competitive landscape and key vendors

This market is highly competitive and characterized by the presence of numerous well-diversified global and regional vendors. The competitive environment in this market is likely to intensify in the future, with an increase in product extensions and innovations in technology. Furthermore, with the growing agricultural production and trade globally, the requirement for packaging is increasing.

Leading vendors in this market are -

• Amcor
• Bemis
• DS Smith
• KapStone Paper and Packaging
• Mondi
• Tetra Laval
• LINPAC

Other prominent vendors in this market are Anderson Packaging, Berry Plastics, Conwed Global Netting Solutions, Packaging Corporation of America, Parakh Agro, Purity Flexpack, Silgan, and Sonoco.

Product-based segmentation and analysis of the agricultural packaging market

• Agricultural plastic packaging
• Other materials

The global agricultural packaging market by plastic was the largest segment during 2015 and is estimated to witness moderate growth during the forecast period. Plastic bags made from polyethylene film is predominantly used for fruit and vegetable packaging. These bags have low material costs and allow easy inspection of the content as they are clear.

Geographical segmentation and analysis of the agricultural packaging market

• APAC
• Europe
• North America
• ROW
• South America

The APAC region was the largest market for agricultural packaging during 2015 and is estimated to account for the largest market share until the end of 2020. In this region, the growth in fresh produce production is helping packaging play a significant role in the protecting, tracing, and marketing of products in the market. The demand for fresh produce packaging will also increase due to the growing preference towards the consumption of fresh and nutritious food in the fruits sector.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global agricultural packaging market?
• What are the key market trends impacting the growth of the global agricultural packaging market?
• What are the challenges to market growth?
• Who are the key vendors in the global agricultural packaging market?
• What are the market opportunities and threats faced by the vendors in the global agricultural packaging market?
• What are the trending factors influencing the market shares of APAC, Europe, North America, ROW, and South America?
• What are the key outcomes of the five forces analysis of the global agricultural packaging market?

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