Antimicrobial Packaging Market Research Report Information By Material (Plastic, Paper & Paperboard and Others), by Type (Bags, Pouches, Carton Packages and Others) by Application (Food & beverages, Healthcare, Personal Care, and others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.
ID: MRFR/PNT/1613-HCR | 109 Pages | Author: Sakshi Gupta | September 2023
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Global Antimicrobial Packaging Market Overview
Antimicrobial Packaging Market Size was valued at USD 9.5 Billion in 2022. The Antimicrobial Packaging industry is projected to grow from USD 10.5 Billion in 2023 to USD 16 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.00% during the forecast period (2023 - 2030). Antimicrobial packaging products are now used more frequently as a result of rising consumer concern for their health and longer product shelf lives are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Antimicrobial Packaging Market Trends
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The increasing demand for packaged food to boost market growth
The increasing demand for packaged food is one of the key factors driving the growth of the antimicrobial packaging market. Antimicrobial packaging refers to packaging materials or systems that incorporate antimicrobial agents, such as silver nanoparticles, enzymes, or organic acids, to inhibit the growth of bacteria, fungi, and other microorganisms that can spoil or contaminate food. The demand for antimicrobial packaging is driven by several factors, including the growing concern for food safety and quality, the rise in foodborne illness outbreaks, and the increasing demand for convenience foods that have a longer shelf life. Antimicrobial packaging can help to extend the shelf life of food products and reduce the risk of contamination, thereby improving food safety and reducing food waste.
The COVID-19 pandemic has also contributed to the growth of the antimicrobial packaging market, as consumers have become more aware of the importance of hygiene and safety in food packaging. Antimicrobial packaging can provide an additional layer of protection against the transmission of pathogens, which is especially important in the current health crisis. Therefore, such factors related to Antimicrobial Packaging have enhanced the Antimicrobial Packaging market CAGR across the globe in recent years.
Antimicrobial Packaging Market Segment Insights
Antimicrobial Packaging Material Insights
The Antimicrobial Packaging market segmentation, based on material, includes Plastic, Paper & Paperboard, and Others. The increasing demand for antimicrobial plastic packaging in the food and beverage industry is due to its effectiveness in preventing the growth of microorganisms and extending the shelf life of food products. The use of antimicrobial plastic packaging is particularly common in the meat and poultry, dairy, bakery, and confectionery sectors, where the risk of contamination is high.
Antimicrobial Packaging Type Insights
The Antimicrobial Packaging market segmentation, based on type, includes Bags, Pouches, Carton Packages, and Others. The Pouches segment held the majority share in 2022. This is attributable to the growing demand for packed food items, as well as the easy-to-use and convenient nature of pouches. Pouches offer better barrier properties against oxygen and moisture as compared to other types of packaging, such as bottles and cans. In addition, pouches take up less space and are easy to store and transport.
Antimicrobial Packaging Application Insights
Based on application, the Antimicrobial Packaging market segmentation includes Food & beverages, Healthcare, Personal Care, and others. The Food & beverages segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2023-2030. The growing demand for antimicrobial packaging in the food and beverages industry, particularly in the meat, poultry, and seafood sectors, where the risk of contamination is high. Antimicrobial packaging can help to prevent the growth of harmful bacteria and other microorganisms, thereby improving food safety and extending the shelf life of food products. The rising disposable incomes and changing lifestyles of consumers in these regions are driving the demand for convenient and ready-to-eat food products, which in turn is boosting the demand for antimicrobial packaging. These all factors for Antimicrobial Packaging positively impact the market growth.
Figure 2: Antimicrobial Packaging Market, by Material, 2022 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Antimicrobial Packaging Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is dominating the anti-microbial packaging market. This is due to the growing awareness of the benefits of anti-microbial packaging, as well as the increasing demand for food and beverages in the region. The growing food and beverage industry in the region is expected to drive the growth of the anti-microbial packaging market. In addition, the increase in the number of foodborne diseases is expected to boost the demand for anti-microbial packaging.
Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Figure 3: ANTIMICROBIAL PACKAGING MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s Antimicrobial Packaging market accounts for the third-largest market share. The market is driven by the increasing demand for fresh and safe food, and the need for effective packaging solutions to extend the shelf life of food products. Further, the Germany Antimicrobial Packaging market held the largest market share, and the UK Antimicrobial Packaging market was the fastest-growing market in the European region.
North America, Antimicrobial Packaging market, is expected to grow at the fastest CAGR from 2023 to 2030. The North American region is the second largest market in the anti-microbial packaging market. This region is expected to grow at a moderate pace during the forecast period. The market in this region is driven by the rising awareness about the benefits of anti-microbial packaging, and the growing demand for packaged food and beverages. In addition, the growing health concerns among consumers and the rising demand for safe and hygienic food are also driving the growth of the anti-microbial packaging market in this region. Moreover, the U.S. Antimicrobial Packaging market held the largest market share, and the Canada Antimicrobial Packaging market was the fastest-growing market in the North American region.
Antimicrobial Packaging Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Antimicrobial Packaging market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Antimicrobial Packaging industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Antimicrobial Packaging. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Antimicrobial Packaging industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Antimicrobial Packaging industry to benefit customers and expand the market sector. Major Antimicrobial Packaging market players, including BASF SE., The Dow Chemical Company, Mondi Plc, PolyOne Corporation, Biocote Limited, Dunmore Corporation, Linpac Senior Holdings, Avient Corporation, Oplon Pure Sciences Ltd. and Takex Labo Co. Ltd, and others, are attempting to increase market demand by funding R&D initiatives.
BASF SE is a German multinational chemical company. The company is one of the largest chemical producers in the world, operating in six business segments: chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions. BASF SE's products include chemicals, plastics, performance products, crop protection products, and many other specialty products used in various industries.
The Dow Chemical Company, commonly referred to as Dow, is an American multinational chemical corporation headquartered in Midland, Michigan. Dow operates in three business segments: material science, performance materials and coatings, and agricultural sciences. The company produces a wide range of products including chemicals, plastics, performance materials, and agricultural products.
List of the Major Key Companies in the Antimicrobial Packaging market includes
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BASF SE.
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The Dow Chemical Company
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Mondi Plc
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PolyOne Corporation
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Biocote Limited
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Linpac Senior Holdings
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Oplon Pure Sciences Ltd.
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Takex Labo Co. Ltd among others
Antimicrobial Packaging Industry Developments
June 2022: Confoil and BASF announced their strategic collaboration to develop a certified compostable dual ovenable paper tray for packaging ready-to-eat meals.
May 2021: Avient Corporation announced the launch of GLS Thermoplastic elastomers with antimicrobial technology to protect molded plastic parts by inhibiting bacterial growth.
Antimicrobial Packaging Market Segmentation
Antimicrobial Packaging Material Outlook
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Plastic
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Paper & Paperboard
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Others
Antimicrobial Packaging Type Outlook
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Bags
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Pouches
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Carton Packages
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Others
Antimicrobial Packaging Application Outlook
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Food & beverages
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Healthcare
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Personal Care
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Others
Antimicrobial Packaging Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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Report Scope:
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 9.5 Billion |
| Market Size 2023 | USD 10.5 Billion |
| Market Size 2030 | USD 16 Billion |
| Compound Annual Growth Rate (CAGR) | 5.00% (2023-2030) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2030 |
| Historical Data | 2018 & 2020 |
| Market Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Material, Type, Application, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | BASF SE., The Dow Chemical Company, Mondi Plc, PolyOne Corporation, Biocote Limited, Dunmore Corporation, Linpac Senior Holdings, Avient Corporation, Oplon Pure Sciences Ltd. and Takex Labo Co. Ltd |
| Key Market Opportunities | Instability in raw material cost New product launches and R&D amongst major key players |
| Key Market Dynamics | Large consumption of packaged food products |
Frequently Asked Questions (FAQ) :
The Antimicrobial Packaging market size was valued at USD 9.5 Billion in 2022
The market is projected to grow at a CAGR of 5.00% during the forecast period, 2023-2030
Asia Pacific had the largest share in the Antimicrobial Packaging market
The key players in the market are BASF SE., The Dow Chemical Company, Mondi Plc, PolyOne Corporation, Biocote Limited, Dunmore Corporation, Linpac Senior Holdings, Avient Corporation, Oplon Pure Sciences Ltd. and Takex Labo Co. Ltd
The pouches category dominated the market in 2022
Food & beverages had the largest share in the market for Antimicrobial Packaging
Key Questions Answered
- ✅Global Market Outlook
- ✅In-depth analysis of global and regional trends
- ✅Analyze and identify the major players in the market, their market share, key developments, etc.
- ✅To understand the capability of the major players based on products offered, financials, and strategies.
- ✅Identify disrupting products, companies, and trends.
- ✅To identify opportunities in the market.
- ✅Analyze the key challenges in the market.
- ✅Analyze the regional penetration of players, products, and services in the market.
- ✅Comparison of major players’ financial performance.
- ✅Evaluate strategies adopted by major players.
- ✅Recommendations
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