The global agricultural packaging market was valued at USD 15 billion in 2015 and is expected to surpass USD 18 billion by 2020, says Technavio.
Technavio has announced its latest market research report on the global agricultural packaging market to its packaging portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like Amcor, Bemis, DS Smith, KapStone Paper and Packaging, Mondi, Tetra Laval, and LINPAC.
According to Sharan Raj, a lead analyst for packaging research at Technavio, “The market needs to increase the shelf life of agricultural products. Most of the agricultural products are perishable as a result of which they require minimum protection to extend the life of products.”
By maintaining 5% oxygen, 15% carbon dioxide, and 80% nitrogen either in corrugated boxes, wooden crates, plastic pouches, or plastic trays the shelf life of vegetables or fruits can be extended to eight days instead of four days when it is left open in the air.
Click here to request a free sample of this report
Innovations in agricultural packaging
The market is witnessing innovations such as the growing use of clamshells for packaging grapes to reduce wastage. Clamshells have smooth and soft surfaces and are ideal for packaging grapes without squeezing them.
Increasing demand for small-sized packs
The demand for small-sized packs is increasing across the globe. There are several reasons behind the increase in the demand for such packs, including the increase in the number of single-person households.
Ask an analyst to know more about this report
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Agricultural Packaging Market 2016-2020‘. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
