Agriculture Chemical Packaging Market Size, Share and Industry Analysis By Material (Paper, Plastic, Metal, and Others), By Type (Pesticides, Insecticides, Herbicides, Fertilizers, and Others), By Product Type (Pouches, Bags & Sacks, Bottles, Containers, Boxes, Drums, and Others), and Regional Forecast, 2024-2032

Chemical or biological compositions known as agrochemicals in agriculture are used to improve the yield and quality of crops. Agricultural chemical packaging plays a vital role in the agricultural sector, as a substantial amount of agricultural chemicals are lost during handling, transportation, and storage, which is driving market growth. The pouches, bags, and containers are used for packaging chemicals, as bottles and drums are mainly used for packaging various agrochemical products, such as pesticides and fertilizers, boosting the market. As chemicals are toxic, they need advanced packaging, which will decrease the risk while handling them. This packaging increases shelf life and reduces loss during the transportation of products, propelling the growth of the agricultural chemical packaging market.

• For instance, in June 2023, Jiangsu Trustchem launched green pesticides with biodegradable pesticide packaging. The company is actively promoting the product in the market, contributing significantly to the white pollution caused by pesticide packaging.

The high demand for agrochemicals across the globe and the advancement of biodegradable packaging solutions is boosting the growth of the market. Moreover, the growing trend of flexible packaging solutions, such as bag-in-box and pouches, to reduce exposure to harmful chemicals is driving the market growth. Increase in the modernization and advancement of machines will further create new opportunities for the agricultural chemical packaging market during the forecast period.

Environmental concerns and the recycling of packaging products are vital challenges for this market. However, significant fluctuations in the prices of raw materials can restrain the growth of the makret. For instance, crude oil and petroleum are the primary raw materials for plastic. Any instability in oil prices can create a substantial threat to the industry and hinder market growth.

The COVID-19 pandemic negatively impacted the agriculture chemical market due to the disturbance in the global supply chain, including the agricultural sector. During the post-pandemic era, the market is anticipated to witness significant growth due to the decrease in cases and the formulation of strategies by government and non-government organizations. The growth in e-commerce and direct-to-consumer sales channels is also expected to boost the market growth.

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in the Agriculture Chemical Packaging Market


• Key Industry Trends


• Regulatory Landscape for the Agriculture Chemical Packaging Market


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Market

SEGMENTATION

 ANALYSIS BY MATERIAL

Based on material, the market is segmented into paper, plastic, metal, and others. The plastic segment holds the largest share in the agriculture chemical packaging market. Plastic is used widely due to its versatility, cost-effectiveness, and robustness. The ability of plastic material to protect agrochemical products from moisture, physical damage, and pests is fueling their demand. Plastic also offers versatility in terms of packaging format, shapes, and sizes.

ANALYSIS BY TYPE

Based on type, the market is segmented into pesticides, insecticides, herbicides, fertilizers, and others. The pesticides segment holds the largest share in the agriculture chemical packaging market. The packaging of pesticides requires advanced packaging materials to minimize the risk while enduring, storing, and transporting the product. The increasing use of pesticides in farming to keep the crops from damage is driving the segment growth.

ANALYSIS BY PRODUCT TYPE

Based on product type, the market is segmented into pouches, bags & sacks, bottles, containers, boxes, drums, and others. The pouches segment holds the largest share in the product type segment of the agriculture chemical packaging market. Pouches offer protection from moisture and physical damage; the increased demand is also attributed to the ease of handling and transportation. Pouches offer strength, stackability, and the ability to protect the products during transport.

REGIONAL ANALYSIS

The agriculture chemical packaging market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is the leading region in the agriculture chemical packaging market. The growth is attributed to the region’s growing use of packaging for solid grains and silage, liquid insecticides, and storage of seeds. The high adoption of sophisticated packaging technologies is driving market growth in the region.

Asia Pacific holds the second largest share in the market due to the rising e-commerce sales of pesticides and fertilizers. Investments and technological advancements, such as artificial intelligence-based technologies in agriculture, are boosting market growth.

Europe is anticipated to record significant growth in the region owing to reduced packaging development cost and time, increased demand for pest resistance packaging, and the introduction of biodegradable packaging options, propelling the market growth.

Latin America is expected to register moderate growth in the region due to the government and agricultural organizations promoting the development and adoption of low-cost protection solutions. Supportive policies, subsidies, and funding encourage the growth of the market in the region. Middle East & Africa is anticipated to have stable growth owing to the affordable crop protection solutions assisting farmers to adapt to varying climate conditions and reducing risks associated with and increasing the packaging market growth in the region.

KEY PLAYERS COVERED

The report includes the profiles of key players such as Scholle IPN, Codefine International SA, Black Forest Container Systems, LLC, Greif Inc., Amcor, NNZ Group BV, LC Packaging, ProAmpac, Mauser Packaging Solutions, and Nexus Packaging Limited.

KEY INDUSTRY DEVELOPMENTS

• In June 2022, Greif, an international leader in industrial packaging products and services, launched a lightweight, high-performance jerrycan in Brazil that is suitable for chemicals, agrochemicals, flavors, beverages, and fragrances.


• In September 2021, Syngenta started the use of a new agrochemical packaging in Brazil with unprecedented technology, free of solvents and without emission of solid residues. It is a result of a strategic partnership with Unipac, which is considered one of the most "technified" industries in the country.


• In August 2021, Braskem introduced a new polyethylene resin in the rigid packaging segment. The product comes under 100% recyclable grade strived at rigidity and resistance to influence and breakage beneath environmental stress. The product meets the demands of chemicals and agrochemicals markets in terms of quality.


• In April 2019, Braskem launched four new solutions for the rigid packaging segment. The solutions are aligned with the company’s commitment to the circular economy. The solution also enables the exploration of new frontiers in design and in optimizing raw material use without risking safety and competitiveness.