About Antimicrobial Packaging
Antimicrobial Packaging prevents the microbial growth as the antimicrobial is incorporated into the packaging. This intern increases the shelf life and keeps the food safe. There are different approaches such as antimicrobial sachets, Packaging films and edible coating. They are chosen depending on the nature of produce, storage condition and required shelf life. The antimicrobial packaging can be produced by using antimicrobial agents. Increasing government regulations on food safety is affecting the market positively.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Antimicrobial packaging market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, along with increasing their manufacturing capacity. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Antimicrobial Packaging market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LINPAC (United Kingdom), Mondi (Austria), PolyOne (United States), BioCote (United Kingdom), Agion Technologies (United States), Covestro (Germany), BASF (Germany), DOW Chemical (United States), Dunmore Corporation (United States) and Microban International (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sealed Air (United States), Oplon Pure Science (United States) and Takex Labo (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Antimicrobial Packaging market by Type (Pouches, Carton Packages, Bags, Trays, Cups & Lids and Others), Application (Food & Beverages, Personal Care, Healthcare and Others) and Region.
On the basis of geography, the market of Antimicrobial Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Antimicrobial Agents, the sub-segment i.e. Organic Acids will boost the Antimicrobial Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Plastics will boost the Antimicrobial Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising consumption of packaged food
Market Growth Drivers:
Growing awareness about the heath related issues and Increasing number of retail outlets in the developing countries
Challenges:
Lack of awareness about the antimicrobial packaging
Restraints:
Usage of antimicrobial packaging increases the packaging cost and Stringent government regulations on the usage of chemical
Opportunities:
Increasing demand by industries such as food and beverage and agricultural products and Government regulations on food safety is creating an opportunity
Market Leaders and their expansionary development strategies
In 2018, PolyOne has acquired PlastiComp an advanced engineered materials innovator and producer of speciality composites
In October 2022, Mondi and Reckitt launched innovative paper-based packaging solution for Finish dishwasher tablets. It initially launched exclusively with Carrefour in France. This launch helped company to expand its presence in antimicrobial packaging market
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.