The agriculture packaging market size is projected to grow from USD 9.18 billion in 2025 to USD 14.87 billion by 2034, at an annual growth rate of 5.5%. This market covers key segments such as biodegradable packaging, smart packaging solutions, and materials like plastic, paper, and composite. It spans various regions including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa, with Asia, particularly China, leading in plastic consumption and agricultural film usage. The market includes major players like Amcor, Sonoco, and Mondi Group, who are expanding their portfolios through strategic acquisitions and innovation in sustainable packaging solutions.
Recent Developments in Agricultural Packaging
- In May 2022, Canadian agricultural supply company Agri-Flex was acquired by Irish-owned packaging and distribution giant Zeus.
- In June 2022, Transcontinental Inc. declared that it had acquired Armenia, Colombia-based Banaplast S.A.S., a flexible packaging manufacturer. Banaplast actively works to safeguard crops in other fruit plantations as well as the agro-industrial sector of banana and plantain.
- In May 2023, A leader in compostable packaging solutions in Europe, TIPA Compostable Packaging has announced that it has acquired Bio4Pack. As the market demand for genuinely circular packaging solutions continues to rise, Bio4Pack has teamed up with TIPA leadership to develop an extensive line of biodegradable packaging.
- In October 2023, Greif, Inc., a world leader in industrial packaging goods and services, announced that it has purchased Reliance Products, Ltd., a top Canadian manufacturer of small plastic containers and high-performance barrier and traditional blow moulded jerrycans.
Key Players Driving Growth in the Agriculture Packaging Market
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