Agricultural Packaging Market Worth $13 Billion By 2030: IndustryARC

Agricultural Packaging market size is expected to reach $13 billion by 2030 after growing at a CAGR of 6.1% during the forecast period 2024-2030, according to the latest market research report published by IndustryARC. The growing need for food security, growing demand for packaging materials that impart a higher protection and increasing focus on reducing food wastage are poised to propel the market, finds IndustryARC in its recent report, titled “Agricultural Packaging Market - By Material (Plastic, Metal, Paper & Paperboard, Composites, Wood, Jute and Others), By Barrier Strength (Low, Medium and High), By Type (Pouches & Bags, Drums, Bottles & Cans, Pallet Boxes, Trays & Crates, Bulk Containers, Others), By Application (Seeds, Pesticides & Fertilizers, Silage, Food Grains, Vegetables & Fruits, Flower Crops, Commercial Crops and Others), By Geography - Opportunity Analysis & Industry Forecast, 2024-2030”

The growing demand for packaging materials that offer higher protection is driving the agricultural packaging market. Agricultural products, particularly fertilizers, pesticides and seeds require packaging that can withstand harsh environmental conditions and prevent contamination or degradation. India established stringent regulations governing the packing and labeling of insecticides to ensure user safety, environmental protection and regulatory compliance. Rule 17 mandates that every package containing insecticides must adhere to packaging types approved by the Registration Committee. Additionally, before an insecticide is placed into its primary package, it undergoes rigorous analysis to ensure it complies with safety and quality standards. As the quality and safety of agricultural inputs are critical for crop yield and food safety, there is a rising need for advanced packaging solutions that provide enhanced barrier properties against moisture, UV rays, and physical damage.

• Plastic

• Metal

• Paper & Paperboard

• Composites

• Wood

• Jute

• Others

• Low

• Medium 

• High

• Pouches & Bags

• Drums

• Bottles & Cans

• Pallet Boxes

• Trays & Crates

• Bulk Containers

• Others

• Seeds

• Pesticides & Fertilizers

• Silage

• Food Grains

• Vegetables & Fruits

• Flower Crops

• Commercial Crops 

• Others

• North America

• South America

• Europe

• Asia-Pacific

• Rest of the World

o According to the UN, the global population is expected to reach 8.6 billion by 2030. As the global population continues to rise, there is increasing pressure on agricultural systems to produce and distribute sufficient food to meet demand. Agricultural packaging plays a crucial role in ensuring that food products including grains, seeds and fresh produce are safely transported and stored without contamination or spoilage. Effective packaging solutions help extend the shelf life of agricultural products reducing post-harvest losses and contributing to overall food security.

o By application, the food grains segment is expected to grow with the fastest CAGR in the Agricultural Packaging market during 2024-2030. According to the Food and Agriculture Organization of the United Nations (FAO), rice, wheat and corn together account for over 90% of the world’s cereal production. As per the FAO, rice is a major crop in South Asia. According to the projected demand, in major Asian countries rice consumption will increase faster than the population growth. In summary, in Asia, the rice consumption by the year 2025 will increase by more than 51%. As the demand for food grains like rice is projected to grow, to safeguard these grains from spoilage, agricultural packaging is needed.

o The Asia Pacific holds a dominant position in the Agricultural Packaging Market, driven by owing to high agricultural activities in the region. According to FAO, China is the largest producer of various crops, including rice, wheat, pears, peaches, potatoes, lettuce, cabbage and other vegetables. According to a report from the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-Products, in 2022, China exported 440,000 MT or $500 million worth of fresh pears.  Hence, the demand for agricultural packaging is rapidly increasing in the country. 

Smart packaging presents a significant opportunity in the agricultural packaging market due to the increasing need for real-time monitoring and enhanced traceability throughout the supply chain. Smart packaging technologies such as RFID tags, QR codes and sensors, can provide valuable information on the condition and freshness of agricultural products. For instance, temperature-sensitive labels can alert end users to fluctuations that could affect the quality of perishable goods like fruits, vegetables, and other agricultural products. Additionally, smart packaging enables better inventory management and reduces the risk of spoilage by ensuring that products are handled and stored under optimal conditions.

The growing demand for specialized packaging solutions presents an opportunity for the agricultural packaging market. High value crops require packaging that not only protects them from physical damage but also maintains their freshness and quality during transportation and storage. The rise of global trade in high-value agricultural products along with the rising consumer demand for premium and organic foods will lead to a surge in the need for packaging that can extend shelf life, prevent contamination and maintain the aesthetic appeal of the products. Packaging solutions tailored to the specific needs of these crops, such as breathable films, modified atmosphere packaging and shock-resistant materials are becoming essential for producers and exporters looking to meet the growing market demand.

• Agricultural Packaging Market size and Forecast 

• Agricultural Packaging Market trends

• Agricultural Packaging Market analysis by type

• CAGR of the market during the forecast period 2024-2030

• Value Chain analysis of key stake holders

• Detailed analysis of market drivers and opportunities during the forecast period

• Agricultural Packaging market size estimation and forecast

• Analysis and predictions on end user behavior and upcoming trends 

• Competitive landscape and Vendor market analysis including offerings, developments, and financials

• Comprehensive analysis of challenges and constraints in the Agricultural Packaging Market

• Sonoco Products Company

• Greif

• B. Fuller Company

• NNZ Group

• ProAmpac

• LC Packaging

• Novolex

• Anderson Packaging Inc.

• Mondi Group

• Pactiv LLC

Agricultural Films Market- Agricultural Films Market size is forecast to reach $15 billion by 2025, after growing at a CAGR of 6% during 2020-2025. The growing uses of modern farming technology to enhance the yield of crops, increasing populations coupled with food demand, and surging demand for biodegradable and soil degradable films augmented the growth of Agricultural Films Market.

Agricultural Films and Bondings Market- Agricultural films and bonding market size is forecast to reach US$6.5 billion by 2027 after growing at a CAGR of 4.1% during 2022-2027. The rising demand for high-quality crops and growing requirement for agriculture productivity is driving the growth of the agriculture films and bonding market.

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.  

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format which assists an intelligent and informed decision-making process.

Mr. Venkat Reddy

IndustryARC

Email: [email protected]

Web: https://www.industryarc.com

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