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Agricultural Packaging Market Analysis

  • Report ID: GMI6222
  • Published Date: Jul 2023
  • Report Format: PDF

Agricultural Packaging Market Analysis

Based on material type, the agricultural packaging market is categorized into plastic, paper & paperboard, metal, glass, and others. The plastic segment held a dominant market share in 2022. Plastic materials including Polyethylene (PE), Polypropylene (PP), and Polyethylene Terephthalate (PET) are extensively used in agricultural packaging due to their versatility, robustness, and cost-effectiveness. The ability of plastic materials to protect agricultural products from moisture, pests, and physical damage is fueling their demand. Plastic materials also offer versatility in terms of packaging formats, sizes, and shapes.
 

The recyclability, renewability, and ability to provide sufficient protection to fruits, vegetables, and other agricultural products are driving the demand for paper-based packaging materials. Product differentiation, perceived quality, and particular packaging requirements are fueling the demand for metal and glass materials in agricultural packaging. Their increased utilization will further boost segment growth during the forecast period.
 

Agricultural Packaging Market Revenue Share, By Product Type, (2023)

Based on product type, the agricultural packaging market is categorized into pouches, bags, bottles, trays, drums, and others. The pouches segment held a major market share of over 35% in 2022 and is anticipated to grow at a significant pace through 2032. In the agriculture industry, bags and pouches are extensively utilized to package seeds, fertilizers, animal feed, and other agricultural products. The ability of bags and pouches to offer protection from moisture, pests, and physical damage is driving their demand. Their increased demand is also attributed to the ease of handling and transportation as well as the need for product differentiation through branding & labeling. The strength, stackability, and ability to protect the products during transportation & storage are driving the demand for boxes and craters.
 

Based on application, the agricultural packaging market is categorized into fruits & vegetables, grains & pulses, meat, poultry & seafood, dairy products, floriculture, and others. The fruits & vegetables segment held a major market share in 2022 and is projected to grow at a CAGR of 5.34% till 2032. In the horticulture and floriculture sectors, packaging plays a vital role in the packaging & delivery of flowers, plants, and other horticultural products. Product protection, preservation of freshness & quality, convenience in handling & transportation, and enhanced product presentation & branding are a few factors driving the demand for packaging in horticulture and floriculture.
 

Based on packaging type, the agricultural packaging market is categorized into primary, secondary, and tertiary. The primary packaging segment held a large market share in 2022 and is expected to grow up to 2032. In the agriculture industry, the main function of primary packaging is to protect the products from physical damage, contamination, moisture, and other environmental factors. The need to ensure the integrity and quality of agricultural products across the supply chain is also fueling the demand for primary packaging. Additionally, the desire to preserve the taste, texture, color, and nutritional value of the products is further driving primary packaging demand. These functions of the product will help in enhancing customer satisfaction and reducing food wastage, thereby propelling segment growth during the forecast period.
 

U.S. Agricultural Packaging Market Size, 2021 - 2032 (USD Billion)

U.S. accounted for USD 1.9 billion in 2022 and is projected to grow at a lucrative pace through 2032. The consumer preference for fresh & high-quality agricultural products is increasing. This will fuel the demand for innovative packaging solutions that can protect & conserve the freshness of fruits, vegetables, and other perishable items during transportation & storage. Environmental concerns and the desire for eco-friendly practices have resulted in an increased demand for eco-friendly packaging in the North America agricultural industry. Consumers and retailers are looking for packaging materials that are recyclable, biodegradable, or made from renewable resources.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for agricultural packaging was valued at over USD 8.7 billion in 2023 and is anticipated to reach USD 14.9 billion by 2032, owing to the high demand for fresh & processed food products.

The pouches segment held a major market share of over 35% in 2022 as bags and pouches are extensively utilized for packaging seeds, fertilizers, animal feed, and other agricultural products.

The U.S. accounted for USD 1.9 billion in 2022 and is projected to grow at a lucrative pace by 2032, owing to the consumer preference for fresh & high-quality agricultural products that fuels the demand for innovative packaging solutions.

Amcor plc, Berry Global Inc., Sonoco Products Company, Bemis Company Inc., Mondi Group, Sealed Air Corporation, Coveris Holdings S.A., DS Smith plc, Smurfit Kappa Group, and Greif, Inc.

Agricultural Packaging Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 255
  • Countries covered: 21
  • Pages: 198
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