Get More Information on Agriculture Packaging Market - Request Sample Report
The Agriculture Packaging Market size was USD 6.8 billion in 2023 and is expected to Reach USD 11.3 billion by 2032 and grow at a CAGR of 5.8% over the forecast period of 2024-2032.
The International Monetary Fund estimates that by 2050, the world's population will reach 9.7 billion. The demand for food will continue to increase as the world's population grows. This implies the need for effective packaging solutions throughout the entire supply chain to ensure that crops are kept and protected. More and more people are looking for fresh, quality agricultural products. In order to maintain the visual appeal and nutritional value of these products, packaging plays an essential role. The shelf life and quality of agricultural products have been improved by innovation in packaging materials and technologies, e.g. the use of modified atmosphere packaging MAP as well as active packaging.
Over 90 % of food waste in developing countries is generated by storage and transport, according to the Birmingham Energy Institute. Accordingly, the demand for cost effective and sustainably produced agricultural packaging solutions is being driven by increasing awareness of food loss in harvesting and shipping.
Flexible packaging is mainly used for food, representing more than 60% of the total market according to the Flexible Packaging Association. Furthermore, because of consolidation in the international e commerce sector, flexible packaging is expected to become an increasingly common form of packaging during the forecast period.
KEY DRIVERS:
Increasing population and food demand in the world
The need to provide effective and sustainability agriculture packaging solutions is driven by an increase in world population and the subsequent growth of food demand. Packaging, which ensures that agricultural products reach consumers in the best possible conditions, has an important role to play in protecting their quality, safety and shelf life. The number of people worldwide has risen more than 3 times since the 20th century, in fact, according to data from the United Nations.
There were 8.0 billion people on earth by mid November 2022, up from 2.5 billion during the 1950s, 1 billion since 2010, and 2 billion since 1998. The population of the world is projected to rise by about 2 billion people over the next 30 years, from the present 8 billion to 9.7 billion in 2050, with a potential peak of roughly 10.4 billion in the middle of the 2080s. By 2050, as well, food demand is projected to increase anywhere between 59% and 98%. Consequently, the market for packaging in agriculture is expected to grow during the forecast period on the back of population growth worldwide and increasing food demand.
RESTRAIN:
Pollution concerns and plastic waste
Due to its environmentally harmful effect, the use of plastics packaging in agriculture is subject to increased scrutiny. Concerns about waste plastics and pollution have led to calls for reduced use of plastics as well as an increase in the acceptance of viable packaging alternatives. The development and implementation of more environmentally compatible products will therefore be a challenge for the agricultural packaging sector.
OPPORTUNITY:
New innovations and technological advancements
Technological advances and innovations are driving the agricultural packaging industry. With a view to meeting industry's ever increasing needs, new materials, packaging forms and technologies are constantly being developed. Advances in barrier properties, smarter packaging, intelligent labels and active packaging solutions that increase the freshness, traceability and satisfaction of consumers are also part of this.
CHALLENGES:
Cost of Packaging Materials
Due to factors such as oil prices and geopolitical tensions, the cost of raw materials can rise considerably, especially plastics based on petroleum. This fluctuation is having a negative impact on the profitability of producers as well as farmers, in terms of total production costs and prices for agricultural packaging.
In 2023, the global market for agricultural packaging is expected to decrease by 2.5% as a result of the war in Ukraine. As a result of the war, packaging material costs such as plastic, paper and metal have increased. This is due to the disruption of supplies as a result of the war and an increase in transport costs. The rise of the London Metal Exchange LME index by almost 10 % last week to 5,409.30 currently represents an indication of a price spike for raw materials. On March 7, it hit a record high of 5,505 before falling back. Overall, there has been a slight increase of over 20 % year to date in the index for aluminium, copper, nickel, lead, zinc and tin. Following the crisis in Russia and Ukraine, aluminium is another metal which has risen to record heights. Even though prices fell to $3,498 per tonne from an all time high of$4,103 on March 7, they're up 24 % so far this year. In total, Russia is responsible for 6% of global aluminium production.
The global recession is expected to have a negative impact on demand for agricultural products, as consumers cut their consumption of noncrucial goods. This may lead to a reduction in demand for agricultural packaging.
By Material
Plastic
Metal
Paper & Paperboard
Composite materials
Others
By Product Type
Drums
Pouches & Bags
Bottles & Cans
Others
Pouches and Bags segment by Product type accounted for the largest market share of around 43 %. Due to its safety it will continue its dominance over the forecast period.
By Barrier Strength
Low
Medium
High
By Application
Chemical Pesticides
Biologicals
Chemical Fertilizers
Given the growing agriculture sector, Asia Pacific is expected to be the major market during the forecast period. The region is home to some of the world's biggest farm producers, such as China and India. It has a wide variety of agricultural products, such as grains, fruits, vegetables, meat and milk. Demand for efficient packaging solutions in order to guarantee the quality and safety of agricultural products is driven by increasing populations and rising middle class consumers in countries such as China and India.
According to the WorldData, India's population rose from 450.55 million in 1960 to 1.43 billion by 2023. In 63 years, that's an increase of 216.5%. At 2.36% and the lowest growth will occur in 2023 at a rate of 0.61%, 1974 proved to be India's most successful year.
Due to the advanced infrastructure and stringent quality standards, North America is expected to account for a significant market share over the forecast period. A strong infrastructure, including efficient transport networks, modern storage facilities and advanced packaging technologies, is in place in the region to support the agricultural sector. North America is expected to hold the 22.8 % market share in terms of revenue in the year 2022. US is expected to hold the 20.5 % market share in terms of revenue.
Get Customized Report as per Your Business Requirement - Request For Customized Report
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Agriculture Packaging market are Mondi, Amcor plc, Silgan Holdings Inc, Bemis Manufacturing Company, Greif, ProAmpac, Packaging Corporation of America, Pactiv Evergreen Inc., LC Packaging, Sonoco Products Company and other players.
| Report Attributes | Details |
| Market Size in 2023 | US$ 6.8 Bn |
| Market Size by 2032 | US$ 11.3 Bn |
| CAGR | CAGR of 5.8 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Material (Plastic, Metal, Paper & Paperboard, Composite materials, Others) • by Product Type (Drums, Pouches & Bags, Bottles & Cans, Others) • by Barrier Strength (Low, Medium, High) • by Application (Chemical Pesticides, Biologicals, Chemical Fertilizers), |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Mondi, Amcor plc, Silgan Holdings Inc, Bemis Manufacturing Company, Greif, ProAmpac, Packaging Corporation of America, Pactiv Evergreen Inc., LC Packaging, Sonoco Products Company |
| Key Drivers | • Increasing population and food demand in the world |
| Key Restraints | • Pollution concerns and plastic waste |
Ans. The Compound Annual Growth rate for Agriculture Packaging Market over the forecast period is 5.5 %.
Ans. USD 11.3 billion is the projected Agriculture Packaging market size of market by 2032.
Ans. Asia Pacific is the dominating region of the Agriculture Packaging Market.
Ans. Pollution concerns and plastic waste is restraining the market growth.
Ans. Increasing population and food demand in the world is giving boost to the market.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Agriculture Packaging Market Segmentation, by Material
8.1 Plastic
8.2 Metal
8.3 Paper & Paperboard
8.4 Composite materials
8.5 Others
9. Agriculture Packaging Market Segmentation, by Product Type
9.1 Drums
9.2 Pouches & Bags
9.3 Bottles & Cans
9.4 Others
10. Agriculture Packaging Market Segmentation, by Barrier Strength
10.1 Low
10.2 Medium
10.3 High
11. Agriculture Packaging Market Segmentation, by Application
11.1 Chemical Pesticides
11.2 Biologicals
11.3 Chemical Fertilizers
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Agriculture Packaging Market by Country
12.2.2North America Agriculture Packaging Market by Material
12.2.3 North America Agriculture Packaging Market by Product Type
12.2.4 North America Agriculture Packaging Market by Barrier Strength
12.2.5 North America Agriculture Packaging Market by Application
12.2.6 USA
12.2.6.1 USA Agriculture Packaging Market by Material
12.2.6.2 USA Agriculture Packaging Market by Product Type
12.2.6.3 USA Agriculture Packaging Market by Barrier Strength
12.2.6.4 USA Agriculture Packaging Market by Application
12.2.7 Canada
12.2.7.1 Canada Agriculture Packaging Market by Material
12.2.7.2 Canada Agriculture Packaging Market by Product Type
12.2.7.3 Canada Agriculture Packaging Market by Barrier Strength
12.2.7.4 Canada Agriculture Packaging Market by Application
12.2.8 Mexico
12.2.8.1 Mexico Agriculture Packaging Market by Raw Barrier Strength
12.2.8.2 Mexico Agriculture Packaging Market by Product Type
12.2.8.3 Mexico Agriculture Packaging Market by Barrier Strength
12.2.8.4 Mexico Agriculture Packaging Market by Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Agriculture Packaging Market by Country
12.3.1.2 Eastern Europe Agriculture Packaging Market by Material
12.3.1.3 Eastern Europe Agriculture Packaging Market by Product Type
12.3.1.4 Eastern Europe Agriculture Packaging Market by Barrier Strength
12.3.1.5 Eastern Europe Agriculture Packaging Market by Application
12.3.1.6 Poland
12.3.1.6.1 Poland Agriculture Packaging Market by Material
12.3.1.6.2 Poland Agriculture Packaging Market by Product Type
12.3.1.6.3 Poland Agriculture Packaging Market by Barrier Strength
12.3.1.6.4 Poland Agriculture Packaging Market by Application
12.3.1.7 Romania
12.3.1.7.1 Romania Agriculture Packaging Market by Material
12.3.1.7.2 Romania Agriculture Packaging Market by Product Type
12.3.1.7.3 Romania Agriculture Packaging Market by Barrier Strength
12.3.1.7.4 Romania Agriculture Packaging Market by Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary Agriculture Packaging Market by Material
12.3.1.8.2 Hungary Agriculture Packaging Market by Product Type
12.3.1.8.3 Hungary Agriculture Packaging Market by Barrier Strength
12.3.1.8.4 Hungary Agriculture Packaging Market by Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey Agriculture Packaging Market by Material
12.3.1.9.2 Turkey Agriculture Packaging Market by Product Type
12.3.1.9.3 Turkey Agriculture Packaging Market by Barrier Strength
12.3.1.9.4 Turkey Agriculture Packaging Market by Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Agriculture Packaging Market by Material
12.3.1.10.2 Rest of Eastern Europe Agriculture Packaging Market by Product Type
12.3.1.10.3 Rest of Eastern Europe Agriculture Packaging Market by Barrier Strength
12.3.1.10.4 Rest of Eastern Europe Agriculture Packaging Market by Application
12.3.2 Western Europe
12.3.2.1 Western Europe Agriculture Packaging Market by Country
12.3.2.2 Western Europe Agriculture Packaging Market by Material
12.3.2.3 Western Europe Agriculture Packaging Market by Product Type
12.3.2.4 Western Europe Agriculture Packaging Market by Barrier Strength
12.3.2.5 Western Europe Agriculture Packaging Market by Application
12.3.2.6 Germany
12.3.2.6.1 Germany Agriculture Packaging Market by Material
12.3.2.6.2 Germany Agriculture Packaging Market by Product Type
12.3.2.6.3 Germany Agriculture Packaging Market by Barrier Strength
12.3.2.6.4 Germany Agriculture Packaging Market by Application
12.3.2.7 France
12.3.2.7.1 France Agriculture Packaging Market by Material
12.3.2.7.2 France Agriculture Packaging Market by Product Type
12.3.2.7.3 France Agriculture Packaging Market by Barrier Strength
12.3.2.7.4 France Agriculture Packaging Market by Application
12.3.2.8 UK
12.3.2.8.1 UK Agriculture Packaging Market by Material
12.3.2.8.2 UK Agriculture Packaging Market by Product Type
12.3.2.8.3 UK Agriculture Packaging Market by Barrier Strength
12.3.2.8.4 UK Agriculture Packaging Market by Application
12.3.2.9 Italy
12.3.2.9.1 Italy Agriculture Packaging Market by Material
12.3.2.9.2 Italy Agriculture Packaging Market by Product Type
12.3.2.9.3 Italy Agriculture Packaging Market by Barrier Strength
12.3.2.9.4 Italy Agriculture Packaging Market by Application
12.3.2.10 Spain
12.3.2.10.1 Spain Agriculture Packaging Market by Material
12.3.2.10.2 Spain Agriculture Packaging Market by Product Type
12.3.2.10.3 Spain Agriculture Packaging Market by Barrier Strength
12.3.2.10.4 Spain Agriculture Packaging Market by Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Agriculture Packaging Market by Material
12.3.2.11.2 Netherlands Agriculture Packaging Market by Product Type
12.3.2.11.3 Netherlands Agriculture Packaging Market by Barrier Strength
12.3.2.11.4 Netherlands Agriculture Packaging Market by Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Agriculture Packaging Market by Material
12.3.2.12.2 Switzerland Agriculture Packaging Market by Product Type
12.3.2.12.3 Switzerland Agriculture Packaging Market by Barrier Strength
12.3.2.12.4 Switzerland Agriculture Packaging Market by Application
12.3.2.13 Austria
12.3.2.13.1 Austria Agriculture Packaging Market by Material
12.3.2.13.2 Austria Agriculture Packaging Market by Product Type
12.3.2.13.3 Austria Agriculture Packaging Market by Barrier Strength
12.3.2.13.4 Austria Agriculture Packaging Market by Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Agriculture Packaging Market by Material
12.3.2.14.2 Rest of Western Europe Agriculture Packaging Market by Product Type
12.3.2.14.3 Rest of Western Europe Agriculture Packaging Market by Barrier Strength
12.3.2.14.4 Rest of Western Europe Agriculture Packaging Market by Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Agriculture Packaging Market by Country
12.4.2 Asia Pacific Agriculture Packaging Market by Material
12.4.3 Asia Pacific Agriculture Packaging Market by Product Type
12.4.4 Asia Pacific Agriculture Packaging Market by Barrier Strength
12.4.5 Asia Pacific Agriculture Packaging Market by Application
12.4.6 China
12.4.6.1 China Agriculture Packaging Market by Material
12.4.6.2 China Agriculture Packaging Market by Product Type
12.4.6.3 China Agriculture Packaging Market by Barrier Strength
12.4.6.4 China Agriculture Packaging Market by Application
12.4.7 India
12.4.7.1 India Agriculture Packaging Market by Material
12.4.7.2 India Agriculture Packaging Market by Product Type
12.4.7.3 India Agriculture Packaging Market by Barrier Strength
12.4.7.4 India Agriculture Packaging Market by Application
12.4.8 Japan
12.4.8.1 Japan Agriculture Packaging Market by Material
12.4.8.2 Japan Agriculture Packaging Market by Product Type
12.4.8.3 Japan Agriculture Packaging Market by Barrier Strength
12.4.8.4 Japan Agriculture Packaging Market by Application
12.4.9 South Korea
12.4.9.1 South Korea Agriculture Packaging Market by Material
12.4.9.2 South Korea Agriculture Packaging Market by Product Type
12.4.9.3 South Korea Agriculture Packaging Market by Barrier Strength
12.4.9.4 South Korea Agriculture Packaging Market by Application
12.4.10 Vietnam
12.4.10.1 Vietnam Agriculture Packaging Market by Material
12.4.10.2 Vietnam Agriculture Packaging Market by Product Type
12.4.10.3 Vietnam Agriculture Packaging Market by Barrier Strength
12.4.10.4 Vietnam Agriculture Packaging Market by Application
12.4.11 Singapore
12.4.11.1 Singapore Agriculture Packaging Market by Material
12.4.11.2 Singapore Agriculture Packaging Market by Product Type
12.4.11.3 Singapore Agriculture Packaging Market by Barrier Strength
12.4.11.4 Singapore Agriculture Packaging Market by Application
12.4.12 Australia
12.4.12.1 Australia Agriculture Packaging Market by Material
12.4.12.2 Australia Agriculture Packaging Market by Product Type
12.4.12.3 Australia Agriculture Packaging Market by Barrier Strength
12.4.12.4 Australia Agriculture Packaging Market by Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Agriculture Packaging Market by Material
12.4.13.2 Rest of Asia-Pacific APAC Agriculture Packaging Market by Product Type
12.4.13.3 Rest of Asia-Pacific Agriculture Packaging Market by Barrier Strength
12.4.13.4 Rest of Asia-Pacific Agriculture Packaging Market by Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Agriculture Packaging Market by country
12.5.1.2 Middle East Agriculture Packaging Market by Material
12.5.1.3 Middle East Agriculture Packaging Market by Product Type
12.5.1.4 Middle East Agriculture Packaging Market by Barrier Strength
12.5.1.5 Middle East Agriculture Packaging Market by Application
12.5.1.6 UAE
12.5.1.6.1 UAE Agriculture Packaging Market by Material
12.5.1.6.2 UAE Agriculture Packaging Market by Product Type
12.5.1.6.3 UAE Agriculture Packaging Market by Barrier Strength
12.5.1.6.4 UAE Agriculture Packaging Market by Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt Agriculture Packaging Market by Material
12.5.1.7.2 Egypt Agriculture Packaging Market by Product Type
12.5.1.7.3 Egypt Agriculture Packaging Market by Barrier Strength
12.5.1.7.4 Egypt Agriculture Packaging Market by Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Agriculture Packaging Market by Material
12.5.1.8.2 Saudi Arabia Agriculture Packaging Market by Product Type
12.5.1.8.3 Saudi Arabia Agriculture Packaging Market by Barrier Strength
12.5.1.8.4 Saudi Arabia Agriculture Packaging Market by Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar Agriculture Packaging Market by Material
12.5.1.9.2 Qatar Agriculture Packaging Market by Product Type
12.5.1.9.3 Qatar Agriculture Packaging Market by Barrier Strength
12.5.1.9.4 Qatar Agriculture Packaging Market by Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Agriculture Packaging Market by Material
12.5.1.10.2 Rest of Middle East Agriculture Packaging Market by Product Type
12.5.1.10.3 Rest of Middle East Agriculture Packaging Market by Barrier Strength
12.5.1.10.4 Rest of Middle East Agriculture Packaging Market by Application
12.5.2. Africa
12.5.2.1 Africa Agriculture Packaging Market by country
12.5.2.2 Africa Agriculture Packaging Market by Material
12.5.2.3 Africa Agriculture Packaging Market by Product Type
12.5.2.4 Africa Agriculture Packaging Market by Barrier Strength
12.5.2.5 Africa Agriculture Packaging Market by Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Agriculture Packaging Market by Material
12.5.2.6.2 Nigeria Agriculture Packaging Market by Product Type
12.5.2.6.3 Nigeria Agriculture Packaging Market by Barrier Strength
12.5.2.6.4 Nigeria Agriculture Packaging Market by Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa Agriculture Packaging Market by Material
12.5.2.7.2 South Africa Agriculture Packaging Market by Product Type
12.5.2.7.3 South Africa Agriculture Packaging Market by Barrier Strength
12.5.2.7.4 South Africa Agriculture Packaging Market by Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Agriculture Packaging Market by Material
12.5.2.8.2 Rest of Africa Agriculture Packaging Market by Product Type
12.5.2.8.3 Rest of Africa Agriculture Packaging Market by Barrier Strength
12.5.2.8.4 Rest of Africa Agriculture Packaging Market by Application
12.6. Latin America
12.6.1 Latin America Agriculture Packaging Market by country
12.6.2 Latin America Agriculture Packaging Market by Material
12.6.3 Latin America Agriculture Packaging Market by Product Type
12.6.4 Latin America Agriculture Packaging Market by Barrier Strength
12.6.5 Latin America Agriculture Packaging Market by Application
12.6.6 Brazil
12.6.6.1 Brazil Agriculture Packaging Market by Material
12.6.6.2 Brazil Africa Agriculture Packaging Market by Product Type
12.6.6.3 Brazil Agriculture Packaging Market by Barrier Strength
12.6.6.4 Brazil Agriculture Packaging Market by Application
12.6.7 Argentina
12.6.7.1 Argentina Agriculture Packaging Market by Material
12.6.7.2 Argentina Agriculture Packaging Market by Product Type
12.6.7.3 Argentina Agriculture Packaging Market by Barrier Strength
12.6.7.4 Argentina Agriculture Packaging Market by Application
12.6.8 Colombia
12.6.8.1 Colombia Agriculture Packaging Market by Material
12.6.8.2 Colombia Agriculture Packaging Market by Product Type
12.6.8.3 Colombia Agriculture Packaging Market by Barrier Strength
12.6.8.4 Colombia Agriculture Packaging Market by Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Agriculture Packaging Market by Material
12.6.9.2 Rest of Latin America Agriculture Packaging Market by Product Type
12.6.9.3 Rest of Latin America Agriculture Packaging Market by Barrier Strength
12.6.9.4 Rest of Latin America Agriculture Packaging Market by Application
13 Company Profile
13.1 Mondi
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Amcor plc
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Silgan Holdings Inc
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Bemis Manufacturing Company
13.4 Company Overview
13.4.2 Financials
13.4.3 Product/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Greif
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 ProAmpac
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Packaging Corporation of America
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Pactiv Evergreen Inc
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 LC Packaging
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Sonoco Products Company
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments’
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Interactive Packaging Market size was USD 33.9 billion in 2023 and is expected to Reach USD 54.06 billion by 2031 and grow at a CAGR of 6.0% over the forecast period of 2024-2031.
The Child Resistant Packaging Market Size was valued at USD 24.67 billion in 2023 and is expected to reach USD 42.51 billion by 2032 and grow at a CAGR of 6.25% over the forecast period 2024-2032.
The Dairy Packaging Market size was USD 24.56 billion in 2023 and is expected to Reach USD 33.04 billion by 2031 and grow at a CAGR of 3.78 % over the forecast period of 2024-2031.
The Cosmetic Bottle Packaging Market Size was valued at USD 30.20 billion in 2023 and is expected to reach USD 41.81 billion by 2031 and grow at a CAGR of 4.15 % over the forecast period 2024-2031.
The Nano-enabled Packaging Market Size was USD 32.67 billion in 2023 and will reach USD 99.02 billion by 2032 and grow at a CAGR of 13.03 % by 2024-2032.
The Modified Atmosphere Packaging market size was USD 16.5 billion in 2023 and is expected to Reach USD 23.73 billion by 2031 and grow at a CAGR of 4.5% over the forecast period of 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
