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: ETC004029 | Publication Date: Sep 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Agricultural Packaging Market thoroughly covers the market by material type, product type, barrier strength, and application. 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
Agricultural packaging refers to the materials used to protect, store, and transport agricultural products. It includes a rising demand of products such as bags, containers, crates, boxes, pallets, and more.
According to 6Wresearch, Singapore Agricultural Packaging Market size is expected to grow at a significant CAGR of 5.5% during 2025-2031. This growth can be attributed to increasing technological advancements, rising focus on sustainable packaging solutions, and the government's initiatives to promote local agriculture. The major driver of the agricultural packaging market in Singapore is the rising demand for fresh produce due to the increase in health consciousness among consumers. The expanding focus on food safety and efficient transportation of agricultural products has also contributed to the market's growth. Moreovever, the high cost associated with sustainable packaging materials and lack of technological advancements in packaging machinery have been some of the significant challenges faced by the industry.
Some prominent players operating in the Singapore Agricultural Packaging Market include Amcor Limited, Mondi Group, DS Smith Plc, Smurfit Kappa Group plc, International Paper Company, Tetra Pak International S.A., and Ball Corporation. These companies are continuously investing in research and development to introduce innovative packaging solutions that cater to the evolving needs of farmers and food producers.
The government of Singapore has been aggressively encouraging the use of efficient packing techniques and sustainable agricultural practices. By 2030, the Agri-Food and Veterinary Authority (AVA) hopes to meet 30% of the nation's nutritional needs domestically through the implementation of a "30 by 30" plan. This initiative invests in cutting-edge packaging technologies among other initiatives and schemes to promote agricultural productivity.
The agricultural sector is seeing a rise in demand for environmentally friendly packaging solutions due to growing concerns about environmental sustainability. Therefore, in the upcoming years, biodegradable and compostable materials should see tremendous increase. Furthermore, it is anticipated that technological developments would lower the price of environmentally friendly packaging materials, increasing their affordability for small-scale farmers. Additionally, it is anticipated that the growing popularity of online grocery shopping and home delivery services would open up new business opportunities for the agricultural packaging sector.
Plastic packaging is a segment of the Singaporean agricultural packaging business that is expanding significantly. Numerous agricultural items, including fruits, vegetables, meat, and seafood, can be stored in plastic packaging due to its cost-effectiveness, durability, and flexibility.
Pouches and bags segment is expected to witness a higher growth rate. They are widely used in the agricultural sector due to their convenience, cost-effectiveness, as well as versatility. These packaging options protect against moisture, pests, and other environmental factors that can damage crops during transportation and storage.
Packaging with a medium barrier strength is appropriate for a variety of agricultural products, including grains, fruits, and vegetables, since it provides sufficient defense against light, moisture, and oxygen. Because these packaging options are more affordable than those with high barrier strengths, farmers and wholesalers also favor them.
According to Dhaval, Research Manager, 6Wresearch, the need for biologicals packaging solutions is anticipated to increase significantly among these applications. Farmers are using biologicals more and more because they provide a more environmentally friendly way to handle diseases and pests than chemical methods do.
The 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. Singapore Agricultural Packaging Market Overview |
3.1. Singapore Country Macro Economic Indicators |
3.2. Singapore Agricultural Packaging Market Revenues & Volume, 2021 & 2031F |
3.3. Singapore Agricultural Packaging Market - Industry Life Cycle |
3.4. Singapore Agricultural Packaging Market - Porter's Five Forces |
3.5. Singapore Agricultural Packaging Market Revenues & Volume Share, By Material Types, 2021 & 2031F |
3.6. Singapore Agricultural Packaging Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.7. Singapore Agricultural Packaging Market Revenues & Volume Share, By Barrier Strength, 2021 & 2031F |
3.8. Singapore Agricultural Packaging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4. Singapore Agricultural Packaging Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Singapore Agricultural Packaging Market Trends |
6. Singapore Agricultural Packaging Market, By Types |
6.1. Singapore Agricultural Packaging Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2. Singapore Agricultural Packaging Market Revenues & Volume, By Material Types, 2021-2031F |
6.1.3. Singapore Agricultural Packaging Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.4. Singapore Agricultural Packaging Market Revenues & Volume, By Metal, 2021-2031F |
6.1.5. Singapore Agricultural Packaging Market Revenues & Volume, By Paper & paperboards, 2021-2031F |
6.1.6. Singapore Agricultural Packaging Market Revenues & Volume, By Composite materials, 2021-2031F |
6.1.7. Singapore Agricultural Packaging Market Revenues & Volume, By Othersย , 2021-2031F |
6.2. Singapore Agricultural Packaging Market, By Product Types |
6.2.1. Overview and Analysis |
6.2.2. Singapore Agricultural Packaging Market Revenues & Volume, By Pouches & bags, 2021-2031F |
6.2.3. Singapore Agricultural Packaging Market Revenues & Volume, By Drums, 2021-2031F |
6.2.4. Singapore Agricultural Packaging Market Revenues & Volume, By Bottles & cans, 2021-2031F |
6.2.5. Singapore Agricultural Packaging Market Revenues & Volume, By Othersย , 2021-2031F |
6.3. Singapore Agricultural Packaging Market, By Barrier Strength |
6.3.1. Overview and Analysis |
6.3.2. Singapore Agricultural Packaging Market Revenues & Volume, By Low, 2021-2031F |
6.3.3 Singapore Agricultural Packaging Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4. Singapore Agricultural Packaging Market Revenues & Volume, By High, 2021-2031F |
6.4. Singapore Agricultural Packaging Market, By Applications |
6.4.1. Overview and Analysis |
6.4.2. Singapore Agricultural Packaging Market Revenues & Volume, By Chemical pesticides, 2021-2031F |
6.4.3. Singapore Agricultural Packaging Market Revenues & Volume, By Chemical fertilizers, 2021-2031F |
6.4.4. Singapore Agricultural Packaging Market Revenues & Volume, By Biologicals, 2021-2031F |
7. Singapore Agricultural Packaging Market Import-Export Trade Statistics |
7.1. Singapore Agricultural Packaging Market Export to Major Countries |
7.2. Singapore Agricultural Packaging Market Imports from Major Countries |
8. Singapore Agricultural Packaging Market Key Performance Indicators |
9. Singapore Agricultural Packaging Market - Opportunity Assessment |
9.1. Singapore Agricultural Packaging Market Opportunity Assessment, By Material Types, 2021 & 2031F |
9.2. Singapore Agricultural Packaging Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.3. Singapore Agricultural Packaging Market Opportunity Assessment, By Barrier Strength, 2021 & 2031F |
9.4. Singapore Agricultural Packaging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10. Singapore Agricultural Packaging Market - Competitive Landscape |
10.1. Singapore Agricultural Packaging Market Revenue Share, By Companies, 2024 |
10.2. Singapore Agricultural Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |