Antimicrobial Packaging Market size will grow from USD 7.28 Billion in 2015 to USD 10.00 Billion by 2021, at an estimated CAGR of 5.54%. Rising concerns toward food wastage, growing consumer awareness about health-related issues, rising consumption of products with shorter shelf life such as meat products, and increasing demand by various end-user industries such as food & beverage, healthcare, personal care, consumer goods, and agricultural products are major factors driving growth of antimicrobial packaging market. Additionally, with rapid urbanization and demand for better quality products across globe.
Complete report on Antimicrobial Packaging Market spread across 294 pages, Profiling 10 Companies and supported with 275 Tables and 63 Figures is now available at http://www.reportsnreports.com/reports/540316-antimicrobial-packaging-market-by-base-material-plastics-biopolymer-paperboard-others-antimicrobial-agents-organic-acid-bacteriocins-others-technology-controlled-release-active-pack-type-bags-pouches-others-application-forecast-to-2021.html
“Increasing demand from the food & beverages industry to drive the antimicrobial packaging market”
The antimicrobial packaging market size is estimated to grow from USD 7.28 billion in 2015 to USD 10.00 billion by 2021, at a CAGR of 5.54%. The antimicrobial packaging market is driven by factors such as rising concerns toward food wastage and growing consumer awareness about health-related issues.
- Packaging manufacturers
- Raw material suppliers
- End users
- Consulting firms
“Controlled release packaging technology to gain maximum growth during the forecast period”
packaging solutions are used in various industries due to their utility. The
antimicrobial packaging solutions offer various advantages such as maintaining
the quality of the products, increasing the shelf-life of the commodity, and
keeping them fresh. These are some of the main reasons which have led to the
increase in the share of antimicrobial packaging in the packaging industry. The
major industries having a healthy demand for antimicrobial packaging are food
& beverages, healthcare, personal care, consumer goods, and agricultural
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The Asia-Pacific market is projected to be the fastest growing market during the forecast period. It is also projected to have the largest market share due to increasing commercialization and increased demand for packaged goods in the region. The markets of China and India are projected to be lucrative due to their rising middle class population and rising consumer spending on products such as packed food products.
The global market for antimicrobial packaging is dominated by players such as BASF SE (Germany), The Dow Chemical Company (U.S.), Mondi Plc (South Africa), PolyOne Corporation (U.S.), Biocote Limited (U.K.), Dunmore Corporation (U.S.), Linpac Senior Holdings (U.K.), Microban International (U.S.), Oplon Pure Sciences Ltd. (Israel), and Takex Labo Co. Ltd.
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This report estimates the size of the antimicrobial packaging market in terms of volume (kilotons) and value (USD million). In this report, the market has been segmented broadly on the basis of base material, technology, antimicrobial agents, pack type, application, and region. The market drivers, restraints, opportunities, challenges, and product price trends have also been discussed in detail.
The food & beverages industry, for a long time, has been the major contributor to the rising demand for antimicrobial packaging. But in recent times, this has been closely competed by other industries such as healthcare.
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