The global agricultural packaging market was valued at USD 3.9 billion in 2023 and is anticipated to reach USD 4.10 billion in 2024 from USD 6.12 billion by 2032, growing at a CAGR of 5.14% from 2024 to 2032.
The agricultural advantages related to these packaging solutions are the significant factors contributing to the expansion of this industry worldwide.
Agricultural packaging is the process of protecting and containing the product for use in storage, distribution, sale and use. Agricultural packaging plays a very important role in preventing product spoilage in order to reduce risks during handling and transportation. It is widely applicable for pesticide and fertilizer packaging for better sealing and escalating the shelf life of products. Agricultural packaging is important because it preserves the original properties of agri-food products that remain packaged to preserve them and protect them from damage when transported to grocery store shelves. It is very important in the short and long term for business purposes to deliver fresh produce in the most cost-effective manner.
The growing awareness of loss in transit of food products to local and worldwide markets is the main factor likely to drive expansion in the global agricultural packaging market. In addition, agricultural packaging provides oxygen and a moisture barrier, and escalating shelf life is the other main factor supposed to drive the expansion of the worldwide agricultural packaging market during the projection period. In addition, escalating urbanization coupled with continued population expansion around the world is the main factor likely to drive the expansion of the worldwide industry.
The agricultural packaging market is driven by growing awareness of food product depletion during harvesting and shipping to local and worldwide markets. Also, escalating urbanization coupled with continued population expansion around the world is predicted to put enormous pressure on worldwide food production, leading to a high call for efficient and cost-effective agricultural packaging solutions. Agricultural packaging provides oxygen and a moisture barrier that increases the shelf life of agricultural products, which is likely to boost the agricultural packaging market during the envisioned period. Today, there is a growing call for agricultural packaging equipped with control equipment that can be employed to control the quality of any product, as well as to adjust the temperature.
The main factors limiting the expansion of the agricultural packaging market are observed volatility in raw material prices and recycling of employed and discarded packaging materials. Plastics, for example, are made primarily from petroleum and crude oil.
The global agricultural packaging market is a relatively small sector of the industrial packaging market. Significant development has been observed in the packaging of chemical pesticides and fertilizers. Regulatory guidelines and R&D are the main factors that have driven the expansion of this market. The application of PET and HDPE plastics for the containment of pesticides has revolutionized the agrochemical packaging industry. The escalating need for efficient storage and transportation of pesticides and fertilizers and the rising call for a longer shelf life of these products are the drivers of the constant expansion of this market.
Awareness of the loss of food products during harvesting and shipping in the worldwide marketplace is significantly driving the call for sustainable and profitable agricultural packaging solutions. Growing cases of pest attacks are stimulating the use of various chemicals for crop protection, which in turn increases the call for agricultural packaging solutions for agrochemicals.
Oil price fluctuations are so high that the industry faces a great challenge to balance the prices of packaging products. The recycling of packaging waste has been a challenge in the industrial packaging industry, and even more so for agrochemical packaging due to the containment of dangerous chemicals inside.
As the coronavirus pandemic has spread and its humanitarian impact has escalated, industries that help meet basic needs, such as safely providing necessary food and supplies for consumers, are highly affected. As food packaging is the largest business area in the packaging industry, the worldwide $ 900 billion annually industry is at the forefront. The coronavirus crisis has already caused some of the biggest declines in recent times in call for certain types of packaging while accelerating the expansion of others, such as e-commerce shipping packaging emerging as rescue buoys in this new world. These changes present many packaging companies with a new set of challenges.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
5.14% |
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Segments Covered |
By Material, Product, Barrier Strength, and Region |
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Various Analyses Covered |
Global, Regional, & Country Level Analysis; Segment-Level Analysis; DROC, PESTLE Analysis; Porter’s Five Forces Analysis, Competitive Landscape; Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Amcor Limited (Australia), Bemis Company, Inc. (US), Sonoco Products Company (US), Greif Inc. (US), and Mondi Group (South Africa). Some emerging players in the agricultural packaging market include 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) and Others. |
The application of pouches and bags in agrochemical containers has escalated in terms of dry/solid formulations of fertilizers and pesticides since these provide greater security against transport losses in a sustainable way.
The market for agricultural packaging, in terms of barrier resistance, was dominated by medium-strength materials.
Asia-Pacific is foreseen to account for the largest market share in 2021, followed by North America in the agricultural packaging market. The growing business opportunities for agrochemicals around the world, especially in countries such as China, India, the United States, and Canada, are the main factors contributing to the great expansion opportunities in these regions. Agricultural packaging for fertilizers is predicted to drive the expansion rate in Europe, as growth in the region has been severely hampered by increased regulations on the use of chemical pesticides and the maximum residue limit. The Asia-Pacific regional market accounted for the largest share of worldwide revenue during the review period due to huge agrochemical manufacturing capacity and the growing call for fresh produce packaging in countries. The European market is supposed to register the fastest expansion rate in terms of income due to the growing preference for the consumption of fresh and nutritious food in the fruit sector in the countries of the region. In addition, the markets of Latin America, the Middle East, and Africa are likely to post a moderate expansion rate during the forecast period. The agricultural packaging market in North America and Europe is predicted to show linear expansion throughout the foreseen period, as this market has reached relative maturity and is predicted to lose a significant portion of its market share in the Asia Pacific. Leading manufacturers operating in established agricultural packaging markets anticipate the economic expansion of APAC markets by efficiently using India's and other developing countries' resources at a reasonable pace.
The agricultural packaging market was dominated by large players such as Amcor Limited (Australia), Bemis Company, Inc. (US), Sonoco Products Company (US), Greif Inc. (US), and Mondi Group (South Africa). Some emerging players in the agricultural packaging market include 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).
By Material
By Product
By Barrier Strength
By Region
Frequently Asked Questions
The current market size of the global agriculture packing market is at USD 4.10 billion in 2024.
The United States and Canada are the key players in the North American agriculture packing market.
Challenges include stringent regulations regarding packaging materials, increasing competition, and fluctuating raw material prices.
The Asia-Pacific agriculture packing market is experiencing rapid growth, fueled by increasing population, urbanization, and changing consumer preferences.
Latin American countries export agriculture packing products to various regions, with key markets including North America, Europe, and Asia.
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