Future Market Insights (FMI) unveils optimistic projections for the global agriculture packaging market, signaling a substantial rise from US$ 6,478.3 million in 2022 to US$ 6,831 million by the end of 2023, representing a Year-on-Year (Y-o-Y) growth rate of 5.4%. The market’s trajectory is set to expand further, with an anticipated Compound Annual Growth Rate …
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Agriculture Packaging Market with an expected CAGR of 5.3% from 2023 to 2033
In 2022, the market for packaging used in agriculture was estimated to be worth $6,478.3 million. This is anticipated to increase at a Y-o-Y growth rate of 5.4% to reach US$ 6,831 million by the end of 2023, according to Future Market Insights. With an anticipated CAGR of 5.3% from 2023 to 2033, the market …
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Agriculture Packaging Market will grow at 5.4% CAGR during the forecast period 2021-2031
The global market for agricultural packaging is anticipated to grow at a CAGR of 5.4% over the forecast period, from 2021 to 2031, totaling US$ 6,152 Mn in 2021. The demand for sustainable agricultural products is on the rise due to the increasing oceanic pollution coupled with high usage of plastic packaging. As a result, the requirement for convenience …