Global Agricultural Packaging are expected to make a significant contribution to the overall industry. According to the report, some of the important driving forces behind the market growth are Growing Trade of Agrochemicals and Improved Shelf Life of Agrochemicals & Biologicals. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Vendors, additional restraints impacting market are Fluctuating Raw Material Prices for Plastic Packaging which is continuously seeking attention of Industry Experts and decision makers. The incite area of the relevant players is considered thoroughly in the study with proposition to materialistic things, magnetizing and inducing methods, and the level of conflict within Agricultural Packaging market competition.
According to a lead Analyst "In February 2019, Amcor Limited has announced the Amcor’s Genesis, a new in-store recyclable laminate solution. Genesis is an all-polyethylene (PE) laminate that looks & feels like traditional oriented polypropylene (oPP)/PE & oriented polyester (oPET)/PE laminates. It is the latest innovation from Amcor. Furthermore, Genesis overcomes challenges with production, ease-of-use, durability & aesthetics that have been related with other packages intended for in-store recycling. Amcor Limited expects the Genesis product will be popular among brand owners & retailers.". Buoyed by strong demand and sales, industry profit margins have increased considerably during past few years.. A lot of small ventures are looking forward to grab the opportunities in emerging regions such as Asia-Pacific. These opportunities can be in terms of strategic moves, joint ventures, takeovers, merger and acquisitions. These attractive market trends are further expected to gain traction among the companies in the years ahead.
The Agricultural Packaging Ecosystem: 2020-2026 Opportunities, Challenges, Strategies, Industry Verticals & Forecasts report presents an in-depth assessment of the Agricultural Packaging market including latest technologies & innovation, key trends, market drivers, challenges, vertical & market applications along with deployment case studies, regulatory landscape, future roadmap and strategies, value chain and player profiles. The report also presents market size forecasts from 2020 till 2026. The forecasts are segmented by Type (Pouches & bags, Drums, Bottles & cans and Others (Clamshells, Trays, and Others)), by Application (Chemical Pesticides, Chemical Fertilizers and Biologicals) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).