Global agricultural packaging market
Dublin, 20 July 2022 (GLOBE NEWSWIRE) — The report “Agricultural Packaging Market – Forecast 2022 to 2027″ has been added to from ResearchAndMarkets.com offer.
The agricultural packaging market is an important market because it ensures that food is delivered from farms in a hygienic and convenient manner.
The packaging also ensures that the products do not spoil on their way to the retail market. Not to mention, it also extends the shelf life of produce and reduces unnecessary food waste. Agricultural packaging includes different types of bulk packaging and small packaging. Like bulk bags, pouches, silo bags, trays, containers, films, clamshells and bottles, just to name a few. The material can include plastic, jute, paper, cardboard, and metals, among others.
Agricultural packaging has grown in prevalence with increasing stringent regulations regarding food and beverage packaging. Another key contributing factor to the industry is population growth. Moreover, with globalization, the demand for import and export of agriculture-related products has increased significantly. Additionally, with the green revolution and continued research and development, production per yield has increased. With advanced packaging technology, it has become easier for farmers and wholesalers to store products with less waste and also made them convenient for transportation.
With the increase in the world’s population, the demand for food products has increased significantly. According to World Bank data, the world population in 2020 was 7.8 billion, up from 6.1 billion in 2000. According to the UN, the population could reach 9.7 billion in 2050.
The demand for food has increased dramatically to feed so many individuals. Apart from the increase in food demand, the demand for crops used for animal feed, fuel, fiber and raw materials has also increased. Additionally, with the increase in urban population, agricultural packaging has facilitated transportation and storage. According to the World Bank, more than 56% of the population lives in urban developments. This increases the demand for processed foods and junk foods.
The Growing Global Market for Pesticides and Fertilizers
The pesticide and fertilizer market has grown steadily over the past few years. The major driver affecting the pesticide and fertilizer market is the growing demand for crops with an increase in population.
According to the United Nations Environment Program, about 190 million tons of inorganic fertilizers were used in 2018, which is expected to reach 197 million tons in 2024. In 2018, organic market revenues reached 151 billion U.S. dollars. Additionally, in 2016, approximately 4.1 million tons of pesticides were used. indicating the high use of pesticides and fertilizers in the agricultural industry. Pesticide packaging comes in different forms, including bags, sachets, sachets, and containers, among others.
Exhaustion of arable land
There is a strict decrease in agricultural land with an increase in the urban population. According to the World Bank, in 2020, 4.358 billion people will live in urban areas. . Moreover, with the increase in agricultural production and the excessive use of fertilizers and pesticides, the fertility of the land has dropped considerably. With this, globally, the percentage of land used for agriculture has been decreasing over a period of time.
According to the World Bank, in 1991, about 38.75% of the total area was devoted to agricultural production. However, this was reduced to 36.90% in 2018. In addition, a downward trend in agricultural production was observed. According to the Organization for Economic Co-operation and Development (OECD), government agricultural support has been reduced in recent years. In 2009, OECD countries received 20.81% of gross farm receipts. This figure fell to 18.07% in 2020. The impact of the COVID-19 pandemic on the agricultural packaging market:
With the outbreak of the COVID pandemic, the Agricultural Packaging Market has also been affected. With strict regulations and travel restrictions, the product supply chain has been affected. In addition, due to the rising inflation rate, the demand for agricultural packaging has been affected. However, it is expected to increase over the forecast period owing to the growing demand for food and other agricultural products.
Main topics covered:
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market factors
4.2. Market constraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining power of suppliers
4.3.2. The bargaining power of buyers
4.3.3. The threat of new entrants
4.3.4. The threat of substitutes
4.3.5. Competitive rivalry in the industry
4.4. Industry Value Chain Analysis
5. AGRICULTURAL PACKAGING MARKET ANALYSIS, BY MATERIAL TYPE
5.3. Paper and cardboard
5.4. Composite material (jute)
6. AGRICULTURAL PACKAGING MARKET ANALYSIS, BY PRODUCT TYPE
6.3. Pouches Bags and Bags
7. AGRICULTURAL PACKAGING MARKET ANALYSIS, BY GEOGRAPHY
7.1. North America
7.1.1. UNITED STATES
7.2. South America
7.4. Middle East and Africa
7.4.2. Saudi Arabia
7.5. Asia Pacific
7.5.3. South Korea
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Key Players and Strategic Analysis
8.2. Emerging players and market profitability
8.3. Mergers, acquisitions, agreements and collaborations
8.4. Supplier Competitiveness Matrix
9. COMPANY PROFILES
9.1. Sonoco Product Company
9.2. Mondi Group
9.3. SAC company
9.4. LC Packaging International B.V.
9.5. NNZ Group
9.6. Tetra Pak International SA
9.7. Amcor plc
9.9. Western packaging
9.10. Greif, Inc.
9.11. Proampac LLC
9.12. Creative Agricultural Packaging, Inc.
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