Market Forecast By Material Types (Plastic, Metal, Paper & paperboards, Composite materials, Others ), By Product Types (Pouches & bags, Drums, Bottles & cans, Others ), By Barrier Strength (Low, Medium, High), By Applications (Chemical pesticides, Chemical fertilizers, Biologicals) And Competitive Landscape
Product Code: ETC003970 | Publication Date: Aug 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bangladesh Agricultural Packaging Market |
Forecast period | 2025-2031 |
CAGR | 6.2% |
Growing Sector | pouches and bags segment |
The Bangladesh Agricultural Packaging Market report thoroughly covers the market by material types, product types, barrier strength and applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bangladesh Agricultural Packaging Market is expected to experience a steady growth during the forecast period. This growth can be attributed to various factors such as increasing demand for packaged food products, rising focus on reducing post-harvest losses, and government initiatives promoting sustainable agriculture practices.
According to 6Wresearch, Bangladesh Agricultural Packaging Market size is expected to grow at a CAGR 6.2% during 2025-2031. The Bangladeshi agricultural packaging market has several obstacles in spite of its growing potential. The absence of adequate infrastructure for the transportation and storage of perishable agricultural products is one of the main problems.
This frequently results in significant post-harvest losses, which have an impact on farmers' earnings and increase food waste. The development of this sector is further hampered by low financing and limited access to technologies for packaging material research and development. On the other hand, a number of reasons are propelling Bangladesh's agricultural packaging market's expansion. One major cause of the growing demand for packaged food products is the shift in consumer lifestyles and growing consciousness about food safety.
Some of the key players operating in the Bangladesh agricultural packaging market include Tetra Pak, Mondi Group, Smurfit Kappa Group PLC, DS Smith Plc, and International Paper Company. These companies are investing in research and development to introduce advanced and sustainable packaging solutions.
The Bangladeshi government has launched a number of programs to encourage sustainable agricultural methods and lower losses after harvest. In order to help farmers preserve their food for longer periods of time, the Department of Agricultural Marketing and the Department of Agriculture Extension have partnered to build state-of-the-art packaging facilities in rural areas. Additionally, the government is encouraging the use of environmentally friendly packaging materials like jute bags and biodegradable plastics. It is anticipated that these activities will propel the expansion of Bangladesh's agricultural packaging business.
In Bangladesh's agriculture industry, there is a growing need for creative and effective packaging solutions due to customer demand for safe and sustainable food goods. This offers businesses the chance to spend money on R&D to launch novel packaging materials and technologies. In addition, there is a good chance that the use of eco-friendly packaging solutions will increase in the upcoming years due to the government's emphasis on encouraging sustainable agricultural methods. In general, it is anticipated that the agricultural packaging market in Bangladesh would expand significantly and present profitable prospects for both domestic and foreign businesses in the future. Therefore, it's imperative that businesses keep abreast of customer tastes and market trends in order to meet the changing demands of Bangladesh's agriculture industry.
According to Dhaval, Research Manager, 6Wresearch, The plastic is expected to have the highest demand in the Bangladesh agricultural packaging market. This can be attributed to its properties such as durability, flexibility, and cost-effectiveness. Furthermore, advancements in technology have led to the development of biodegradable plastics, which are gaining popularity due to their eco-friendliness. Plastic is widely used for packaging fruits and vegetables, grains, and other perishable agricultural products due to its ability to protect against moisture and contamination. Hence, it is likely to continue being the most in-demand material type for agricultural packaging in Bangladesh.
The Pouches and bags are expected to be the fastest-growing segment in the Bangladesh agricultural packaging market. This can be attributed to their convenience, cost-effectiveness, and versatility in terms of size and shape. Pouches and bags are widely used for packaging various agricultural products such as rice, pulses, spices, and dairy products. Furthermore, with the rise of e-commerce platforms in the country, there is a growing demand for pouches and bags for safe delivery of agricultural products. Hence, this segment is likely to witness significant growth in the future. Overall these insights indicate that plastic pouches and bags will continue to dominate the Bangladesh agricultural packaging market.
The high barrier strength segment is expected to experience the highest demand in the Bangladesh agricultural packaging market. This can be attributed to the increasing need for longer shelf life and better protection against external factors such as moisture, oxygen, and pests. High barrier materials are often used for packaging sensitive agricultural products such as fruits, vegetables, and meat. The demand for high barrier strength packaging is also driven by changing consumer preferences towards healthier and unprocessed food options, which require higher levels of protection during storage and transportation. Hence, this segment is likely to continue dominating the Bangladesh agricultural packaging market in the future.
The seeds and crops segment is expected to witness the highest demand in the Bangladesh agricultural packaging market. This can be attributed to the increasing focus on sustainable agriculture practices and the government's initiatives to promote high-quality seeds for better crop yield. The use of efficient and durable packaging materials is crucial for preserving the quality of seeds during storage and transportation, making it an essential application for agricultural packaging solutions. Additionally, with a growing population and changing dietary preferences, there is a high demand for packaged food products made from locally grown crops in Bangladesh. Hence, this segment is expected to experience significant growth in the future, driving the overall demand for agricultural packaging solutions in the country.
The Bangladesh Agricultural Packaging Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Bangladesh Agricultural Packaging Market Overview |
3.1. Bangladesh Country Macro Economic Indicators |
3.2. Bangladesh Agricultural Packaging Market Revenues & Volume, 2021 & 2031F |
3.3. Bangladesh Agricultural Packaging Market - Industry Life Cycle |
3.4. Bangladesh Agricultural Packaging Market - Porter's Five Forces |
3.5. Bangladesh Agricultural Packaging Market Revenues & Volume Share, By Material Types, 2021 & 2031F |
3.6. Bangladesh Agricultural Packaging Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.7. Bangladesh Agricultural Packaging Market Revenues & Volume Share, By Barrier Strength, 2021 & 2031F |
3.8. Bangladesh Agricultural Packaging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4. Bangladesh Agricultural Packaging Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Bangladesh Agricultural Packaging Market Trends |
6. Bangladesh Agricultural Packaging Market, By Types |
6.1. Bangladesh Agricultural Packaging Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2. Bangladesh Agricultural Packaging Market Revenues & Volume, By Material Types, 2021-2031F |
6.1.3. Bangladesh Agricultural Packaging Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.4. Bangladesh Agricultural Packaging Market Revenues & Volume, By Metal, 2021-2031F |
6.1.5. Bangladesh Agricultural Packaging Market Revenues & Volume, By Paper & paperboards, 2021-2031F |
6.1.6. Bangladesh Agricultural Packaging Market Revenues & Volume, By Composite materials, 2021-2031F |
6.1.7. Bangladesh Agricultural Packaging Market Revenues & Volume, By Others , 2021-2031F |
6.2. Bangladesh Agricultural Packaging Market, By Product Types |
6.2.1. Overview and Analysis |
6.2.2. Bangladesh Agricultural Packaging Market Revenues & Volume, By Pouches & bags, 2021-2031F |
6.2.3. Bangladesh Agricultural Packaging Market Revenues & Volume, By Drums, 2021-2031F |
6.2.4. Bangladesh Agricultural Packaging Market Revenues & Volume, By Bottles & cans, 2021-2031F |
6.2.5. Bangladesh Agricultural Packaging Market Revenues & Volume, By Others , 2021-2031F |
6.3. Bangladesh Agricultural Packaging Market, By Barrier Strength |
6.3.1. Overview and Analysis |
6.3.2. Bangladesh Agricultural Packaging Market Revenues & Volume, By Low, 2021-2031F |
6.3.3 Bangladesh Agricultural Packaging Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4. Bangladesh Agricultural Packaging Market Revenues & Volume, By High, 2021-2031F |
6.4. Bangladesh Agricultural Packaging Market, By Applications |
6.4.1. Overview and Analysis |
6.4.2. Bangladesh Agricultural Packaging Market Revenues & Volume, By Chemical pesticides, 2021-2031F |
6.4.3. Bangladesh Agricultural Packaging Market Revenues & Volume, By Chemical fertilizers, 2021-2031F |
6.4.4. Bangladesh Agricultural Packaging Market Revenues & Volume, By Biologicals, 2021-2031F |
7. Bangladesh Agricultural Packaging Market Import-Export Trade Statistics |
7.1. Bangladesh Agricultural Packaging Market Export to Major Countries |
7.2. Bangladesh Agricultural Packaging Market Imports from Major Countries |
8. Bangladesh Agricultural Packaging Market Key Performance Indicators |
9. Bangladesh Agricultural Packaging Market - Opportunity Assessment |
9.1. Bangladesh Agricultural Packaging Market Opportunity Assessment, By Material Types, 2021 & 2031F |
9.2. Bangladesh Agricultural Packaging Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.3. Bangladesh Agricultural Packaging Market Opportunity Assessment, By Barrier Strength, 2021 & 2031F |
9.4. Bangladesh Agricultural Packaging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10. Bangladesh Agricultural Packaging Market - Competitive Landscape |
10.1. Bangladesh Agricultural Packaging Market Revenue Share, By Companies, 2024 |
10.2. Bangladesh Agricultural Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |