North America Agricultural Chemical Packaging Market Size, Share, Trends, Report, Growth, Industry Analysis and Forecast to 2022-2031

The North American Agricultural Chemical Packaging Market was valued at USD 892.5 million in 2022, and it is expected to reach USD 1070.9 million by 2031, registering a CAGR of 3.4%, over the forecasted period (2022 – 2031). With the outbreak of COVID -19, the demand for agricultural commodities declined, along with prices, as consumers faced local food shortages. For instance, according to USDA, in August 2022, the price paid by a consumer for one pound of retail beef increased by 5% since January 2022, while cattle producers were receiving 20% less. This impacts the investments and buying behavior of farmers.

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Plastic is the most widely used packaging material for agrochemical products. The demand for bags, bottles, pouches, and containers is increasing, and vendors are offering innovative and high-safety packaging solutions. For instance, Scholle IPN offers a bag-in-a-box pouch packaging solution for packaging agricultural chemical products in the market.

With the advancements in biodegradable packaging solutions further fueling the demand for packaging solutions, Market vendors are focusing on adopting biodegradable solutions as part of their offering, focusing on recycled resins. For instance, in April 2022, Syngenta, as part of the Sustainable Agriculture Plan, used recycled resin packaging for storing crop products, which involves a 50% reduction in the carbon intensity of the company’s operations.

Similarly, in January 2022, Mauser Packaging Solutions introduced a KORTRAX Barrier Tight-Head container for transporting hazardous solvent-based products. KORTRAX containers are 100% recyclable post-use and are available in 20-liter, 5-gallon, and 10-liter sizes.

In addition, the industry revenue of pesticides, fertilizers, and other agricultural chemicals in the major markets, especially the United States, has been declining since 2015. However, the region still commands one of the top positions when it comes to the manufacturing and export of agrochemicals across the world. According to the US Census Bureau, the industry revenue of fertilizer manufacturing in the United States is expected to reach USD 14 billion by 2024 and the pesticide and other agricultural chemical manufacturing is expected to reach USD 13.85 billion.

Key Market Trends

Plastic Expected to Hold Significant Market Share

The countries in the North American region includes the United States and Canada, are prominent manufacturers of plastic resins worldwide. According to the American Chemistry Council’s Plastics Industry Producers Statistics (PIPS) Group, North American resin output increased 1.4% to 123.1 billion pounds in 2022, increased from 121.5 billion pounds in 2019.

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According to Cleanfarmers, Canadian farmers generally purchase crop input products such as fertilizers and pesticides in easy-to-handle 23L plastic jugs. In 2022, the recycling rate showed a significant surge in recycling these containers accounted for 76% compared to 71% in 2019.

Multiple initiatives are being launched in the region to recycle plastic pesticides containers. For instance, in May 2022, the Maryland Department of Agriculture’s Pesticide Regulation Section announced the 2022 dates and drop-off locations for its Pesticide Container Recycling Program.

More than 60 major brands, nonprofits, and government agencies are coming together to create a circular economy for plastics in the United States. Such acts are poised to reduce the usage of single-use plastics for agrochemical products in the region.

Containers and Cans Expected to Show Significant Adoption

Agrochemical manufacturers are dependent on cans and containers as agriculture chemicals, like fertilizers, pesticides, insecticides, and fungicides, contain reactive chemicals that are sensitive to various external factors, including excess moisture, and need to be packaged efficiently to prevent possible contamination.

The growth of the market is driven by the increase in the food industry in North America, as fertilizers and pesticides are largely used to enhance the production rate of food grains, fruits, and vegetables. The growth of the organic food industry in the region that largely deploys various kinds of pesticides that are regulated by FDA rules has impacted the positive growth of the packaging market.

Cans are widely used for liquid-based agrochemicals, which include a variety of fertilizers and pesticides. Furthermore, spray cans are used for packaging agrochemicals in smaller quantities. During the forecast period, tightly sealed cans that are leakage-proof are expected to gain traction.

plastic-based containers have witnessed a significant increase in demand due to the reduced weight of the material. The lightweight contributes to reduced logistics costs for companies, thus enhancing their adoption. Furthermore, aligned with the prevalent trend of sustainable packaging formats, plastic-based containers and cans used for packaging agrochemicals are expected to be focused on high PCR content.

Competitive Landscape

The North America Agricultural Chemical Packaging Market is moderately competitive, with a considerable number of regional and global players. The innovation drives the market in the product offerings, and vendors are investing in biodegradable packaging solutions.

February 2022 – Proampac LLC launched ProActive Recyclable R-2000F, a polyethylene-based laminated structure, which is designed to offer enhanced performance in cold temperatures. The product is designed with stiffness and scuff-resistance, as compared to the standard surface-printed films, and it provides display characteristics in freezer cases

December 2022 – Sonoco completed the divestiture of its Europe contract packaging business to a subsidiary of Prairie Industries Holdings, a Wisconsin-based contract packaging and contract manufacturing firm backed by The Halifax Group, a Washington, DC-based global investment firm for USD 120 million in cash. The divestiture is part of Sonoco’s drive to streamline its operations and emphasize growing core consumer and industrial packaging businesses.

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