Agriculture Packaging Market to Raise at a CAGR of 5.3%, 2018 – 2028
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Future Market Insights (FMI), Valley Cottage, N.Y., USA, delivers key insights on the global agriculture packaging market in its newly published report titled "Global Agriculture Packaging Market: Industry Analysis 2013 - 2017 and Opportunity Assessment 2018-2028." In terms of revenue, the global agriculture packaging market is estimated to expand at a CAGR of 5.3% during the forecast period, due to numerous factors, about which FMI offers thorough insights and forecasts in this report.
Agriculture packaging is used for the storage of agricultural products such as pesticides, seeds, food grains, silage, fruits and vegetables, etc., by using pouches, bags/bins, silo bags, clamshells, bottle, trays, and bulk containers.
The global market for agriculture packaging is further segmented as per product type, material type, barrier type, application, and region. On the basis of product type, global market for agriculture packaging is segmented into pouches, bags/bins, silo bags, clamshells, bottle, trays, bulk containers, and others. On the basis of material type, the global agriculture packaging market is segmented into paperboard, plastic, glass, jute, and others. In addition, based on the barrier type, the global agriculture packaging market is segmented into low barrier, medium barrier, and high barrier.
Furthermore, based on the application, the global agriculture packaging market is segmented into seeds and pesticides, silage, food grains, and vegetables and fruits. This report assesses trends driving growth of each market segment on the global level and offers potential takeaways that prove substantially useful for other potential market entrants in the agriculture packaging market.
The North America agriculture packaging market includes country level analysis for the U.S. and Canada. The U.S. agriculture packaging market is expected to grow at a CAGR of 4.3% over the forecast period. The Latin America agriculture packaging market includes country level analysis for Brazil, Mexico, and Rest of Latin America. The Brazil agriculture packaging market is expected to expand at a CAGR of 5.2% over the forecast period. The Western Europe agriculture packaging market includes country level analysis for Germany, Italy, U.K., France, Spain, Benelux, and Rest of Europe. Germany accounts for a significant market share in the Western Europe agriculture packaging market.
The Eastern Europe agriculture packaging market includes country level analysis for Russia, Poland, Ukraine, and Rest of Eastern Europe. The Russia agriculture packaging market is expected to expand at a CAGR of 4.9% over the forecast period. The Asia Pacific excluding Japan agriculture packaging market includes country level analysis for China, India, ASEAN, Australia and New Zealand, and Rest of APEJ. The APEJ agriculture packaging market represents most lucrative geographic region wherein China represents substantial incremental opportunity over the forecast period. The Middle East and Africa (MEA) agriculture packaging market includes country level analysis for GCC, South Africa, Turkey, Northern Africa and Rest of MEA. The Japan agriculture packaging market is expected to grow at a CAGR of 5.5% during the forecast period.
The report discusses individual strategies followed by top companies in terms of enhancing their product portfolio, creating new marketing techniques, and mergers and acquisitions. The"Competitive Landscape" is included to provide report audiences with a dashboard view and company share collectively. Key players operating in the global market for agriculture packaging include Bemis Co., Sonoco Products Co., Mondi Group, LC Packaging International, Packaging Corp. of America, H.B. Fuller Co., Atlantic Packaging, NNZ Group, Parakh Agro Industries Ltd., International Paper Co., DS Smith, Smurfit Kappa Group, KapStone Paper and Packaging Corp, Silgan Holdings, Tetra Pak International, Greif, Time Technoplast, Berry Global, Proampac, and Klöckner Pentaplast Group.
