Agricultural Packaging Market by Product, Application, Region - 2023

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MarketsandMarkets Presents
Agricultural Packaging Market - Forecast to 2023
https//www.marketsandmarkets.com/Market-Reports/a
gricultural-packaging-market-181856573.html
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The report "Agricultural Packaging Market by
Material (Plastic, Metal, Paper Paperboard,
Composites), Product (Pouches Bags, Drums,
Bottles Cans), Barrier Strength (Low, Medium,
High), Application, and Region - Global Forecast
to 2023", The agricultural packaging market is
projected to reach USD 5.02 Billion by 2023, from
USD 3.93 Billion in 2018, at a CAGR of 5.00
during the forecast period. The market is driven
by factors such as rising consumption of
pesticides and fertilizers across the globe,
increasing adoption of high barrier packaging
materials for agrochemicals, increasing demand
for extended shelf life of these products, and
rising demand for biologicals across the globe
owing to the increasing ban on chemical
pesticides. Browse 92 market data Tables and 42
Figures spread through 171 Pages and in-depth TOC
on "Agricultural Packaging Market - Global
Forecast to 2023 Asia Pacific is projected to
dominate the market for agricultural packaging at
the highest rate through 2023 Asia Pacific is
the largest consumer of agricultural packaging
owing to the large production capacities of
agrochemicals prevailing in China and India,
which makes it easier for most private, local
companies to launch their products. The high
labor power, fragmented packaging industry, and
easy availability of packaging materials in Asia
Pacific countries have resulted in significantly
lower production costs. Additionally, factors
such as growth in demand for biologicals,
increase in trade opportunities of agrochemicals,
and efficient infrastructure are the key
competitive advantages for the Asia Pacific
market. Download PDF Brochure
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• The years considered for the study are as
  follows
• Base year 2017
• Estimated year 2018
• Projected year 2023
• Forecast period 2018 to 2023
• The objectives of the report
• Determining and projecting the size of the
  agricultural packaging market, with respect to
  material, product, application, barrier strength,
  and regional markets, over a five-year period
  ranging from 2018 to 2023.
• Identifying attractive opportunities in the
  market by determining the largest and
  fastest-growing segments across regions.
• Analyzing the demand-side factors based on the
  impact of macro and microeconomic factors on the
  market and shifts in demand patterns across
  different subsegments and regions.
• Research Methodology
• Major regions were identified, along with
  countries contributing the maximum share
• Secondary research was conducted to obtain the
  value of agricultural packaging market for
  regions such as North America, Europe, Asia
  Pacific, South America, and RoW
• Make an Inquiry https//www.marketsandmarkets.com
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Rigid plastics segment is estimated to be the
most widely used material for agricultural
packaging Plastics are the most preferred
packaging material used for pesticides and
fertilizers, owing to the properties such as
medium-barrier strength, cost-effectiveness,
flexibility, and inertness. The packaging of
chemical pesticides consumes a large amount of
packaging material, when compared to fertilizers
as fertilizers are usually packaged in larger
volumes while pesticides are available across a
wide volume range. Pesticides are majorly
prepared in liquid formulation, which is most
often packed in plastic bottles, cans, or
containers. Rigid plastics such as HDPE are used
for manufacturing such packaging solutions.
Hence, the rigid plastics segment dominated the
market share in plastics. Medium-barrier
strength segment is projected to be the
fastest-growing during the forecast
period Medium-barrier strength materials such as
plastics and some composites are widely used for
packaging purposes across various industries,
including agriculture. Their molding and low cost
properties in comparison to other materials such
as metals are the major reasons for the adoption
of these materials by both the manufacturers and
end use farmers on a wide scale. Composite
materials are increasingly gaining interest among
agrochemical manufacturers however, the share of
packaging in the agrochemical value chain is at a
higher scale, when compared to plastic packaging.
The demand for medium-barrier strength materials
is expected to continue its dominance in next few
years hence, the segment is projected to grow at
the highest rate during the forecast
period. Request Sample https//www.marketsandma
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• This report includes a study of marketing and
  development strategies, along with the product
  portfolios of leading companies. It also includes
  the profiles of leading companies such as Amcor
  Limited (Australia), Bemis Company, Inc. (US),
  Sonoco Products Company (US), Grief Inc. (US),
  Mondi Group (South Africa), Packaging Corporation
  of America (US), NNZ Group (Netherlands), LC
  Packaging International BV (Netherlands), Silgan
  Holdings, Inc. (US), ProAmpac LLC (US), Flex-Pack
  (US), Purity Flexpack Limited (India), ePac
  Holdings LLC (US), Kenvos Biotech Co., Ltd.
  (China), and Parakh Group (India).
• Available Customizations
• Product Analysis
• Product Matrix, which gives a detailed comparison
  of the product portfolio of each company
• Geographic Analysis
• Further breakdown of the Rest of Europe market
  for agricultural packaging into the Netherlands,
  Ukraine, Poland, and Belgium
• Further breakdown of the Rest of Asia Pacific
  market for agricultural packaging into Indonesia,
  Vietnam, and the Philippines
• Further breakdown of the Rest of South America
  market for agricultural packaging into Colombia,
  Uruguay, and Peru
• Further breakdown of the Others in RoW market for
  agricultural packaging into Israel, Turkey,
  Nigeria, and the UAE
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id181856573 

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