Global agricultural packaging market

Global agricultural packaging market size was valued at US$ 3.8 Bn in 2017 and is expected to reach US$ 5.72 Bn by 2026 to exhibit a CAGR of 5.25 % during a forecast period. Global Agricultural Packaging Market Agricultural Packaging is required to protect & preserve agricultural products and resources for a long period of time. Agricultural packaging is mainly used for product branding as well as reduces shipping costs. Increased trade of agrochemicals and better shelf life of agrochemicals & biologicals are boosting the growth of the market. Increased focus on developing efficient & environment-friendly packaging, and strict environmental regulations supporting the development of sustainable packaging solutions are major opportunities of the market. Recycling & environmental concerns are the key challenges of the market. However, instability in raw material prices for plastic packaging is limiting the growth of the market.