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21 Jan 2021, 22:34 GMT+10
Market Analysis
As per the analysis by Market Research Future Reports, the Global Agricultural Packaging Market is projected to thrive at a CAGR of 4.7% by the end of 2023. The objective of packaging is the prevention of products from the impact of light, heat, and moisture, which can cause the quality deterioration of the product. In order to protect the products, the demand for agricultural packaging has increased. It is a primary factor leading to the expansion of the global agricultural packaging market 2020. Besides, the demand for agricultural packaging is rising owing to the growing e-commerce sector across the world. The companies are spending enormously in research and development due to the increasing inclination of consumers towards packaging.
The companies are integrating advanced methods of packaging because of the rising preference of online shopping, which demands more durable product protection. The new methods adopted by the companies include better sealing capabilities, extended shelf life, leakage proof, and reusability. The demand for agricultural packaging is increasing due to the aforementioned advancements made. Furthermore, the demand for agricultural packaging is rising due to the expanding e-commerce across the world. However, the need for high capital investment, lack of technical expertise are some of the elements hampering the expansion of the market. Moreover, the fluctuating prices of raw materials for plastic packaging are a major factor impeding the expansion of the market.
The outbreak of COVID-19 has affected the market in several ways. We will provide COVID-19 impact analysis with the report.
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Market Segmentation
Global Agricultural packaging market has been segregated on the basis of product, material, barrier strength, application, and region.
On the basis of product, the global agricultural packaging market can be classified into bags, pouches, trays, bottles, and others.
On the basis of material, the global agricultural packaging market can be classified into glass, paper & paperboard, plastic, metal, and others. Among all, plastic dominates the material segment.
On the basis of application, the global agricultural packaging market can be classified into chemical fertilizers, biologicals, and chemical pesticides.
On the basis of barrier strength, the global agricultural packaging market can be classified into high, medium, and low. Among all, the medium-barrier strength material dominates the market.
On the basis of region, the global agricultural packaging market can be classified into Asia-Pacific, North America, Europe, and the Rest of the World (RoW).
Regional Analysis
The geographical analysis of Asia-Pacific, North America, Europe, and the Rest of the World (RoW) has been conducted. As per the analysis, the APAC region is estimated to dominate the market in the global agricultural packaging market. Apart from this, APAC is also likely to grow with the maximum CAGR during the forecast period. Besides being the fastest growing economy of the world, India and China is also the two largest populations of the world. Hence, the packaging market in the region is rising exponentially as the population is expanding at a swift pace.
Furthermore, rapid urbanization has also propelled the market for the agricultural packaging market. The export and import of vegetables, fruits, and other grains are increasing which has a direct impact on the agricultural packaging market. Europe and North America are projected to expand significantly during the forecast period.
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Key Players
The most significant players of the global agricultural packaging market consist of H.B. Fuller Company (US), ondi (Austria), Anderson Packaging Inc (US), LC Packaging (The Netherlands), Sonoco Products Company (US), Atlantic Packaging (US), Flex-Pack (US), Packaging Corporation of America (US), RM CONVERTERS (India), ProAmpac (US), NNZ Group (Netherlands), Greif (US), Novolex (The US).
Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter's Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Agricultural Packaging Market, By Material
5.1 Introduction
5.2 Plastic
5.2.1 Market Estimates & Forecast, 2018-2023
5.2.2 Market Estimates & Forecast By Region, 2018-2023
5.3 Paper & Paperboard
5.3.1 Market Estimates & Forecast, 2018-2023
5.3.2 Market Estimates & Forecast By Region, 2018-2023
5.4 Metal
5.4.1 Market Estimates & Forecast, 2018-2023
5.4.2 Market Estimates & Forecast By Region, 2018-2023
………
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Tags: Agricultural Packaging Market Forecast, Agricultural Packaging Industry, Global Agricultural Packaging, Agricultural Packaging Market Analysis, Agricultural Packaging Market, Agricultural Packaging
See Campaign: https://www.marketresearchfuture.com/reports/agricultural-packaging-market-6892Contact Information:Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.comTags:, iCN Internal Distribution, Research Newswire, English
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com
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