Global Antimicrobial Packaging Market Research Report - Forecast to 2027

Antimicrobial Packaging Market 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 Region - Forecast to 2027

ID: MRFR/PNT/1613-HCR | February 2021 | Region: Global | 109 pages

Antimicrobial Packaging Market Overview:


Antimicrobial Packaging Market is projected to reach USD 15.48 Billion by 2027 from an estimated USD 9.6 billion in 2020, at a CAGR of 5.93% from 2021 to 2027.


One of the largest segment in the packaging industry is Antimicrobial Packaging which offers you quality products, increases the commodities shelf life, preservative-free, less processed and keep them fresh. Healthcare, personal care, food & beverages, consumer goods, and agricultural products are the major industries that include antimicrobial packaging. Among them, the food & beverage industry is the fastest-growing segment of the antimicrobial packaging market. Healthcare is the second-largest market share during the forecast period for its high demand for safe and hygienic packaging.


Some of the factors that increase the growth of the antimicrobial packaging revenue are rising awareness related to consumer health and the product’s long shelf life. This market is estimated and forecast using both top-down and bottom-up approaches. The antimicrobial packaging market size is measured based on the percentage split of packaging out of the overall active and intelligent packaging & percentage split of different materials and antimicrobial agents used in the manufacturing of the packaging industry.


Competitive Landscape


The prominent key players in the antimicrobial packaging market are the following:



  • BASF SE

  • The Dow Chemical Company

  • Mondi Plc

  • PolyOne Corporation

  • Biocote Limited

  • Dunmore Corporation

  • Linpac Senior Holdings

  • Microban International

  • Oplon Pure Sciences Ltd and

  • Takex Labo Co. Ltd


COVID-19 Analysis:


The covid-19 pandemic spreads rapidly worldwide and infects more than 100 million people. Several industries, businesses were closed due to the continuous lockdowns, but the food sector remains operational even in this dangerous pandemic situation. For the starting days of the pandemic, the food processing industries also faced severe threats to food safety and quality. Food packaging provides safe and quality food products with bacteria-free and fungal-free. Most of the patients died from the virus of secondary infections. Packaged food avoids this secondary infection.


Antimicrobial packaging of healthcare products includes medical equipment which needs clean and safe packaging products. This was very needed in pandemic situations in every hospital, house, and food packaging industry. So, the demand for the antimicrobial packaging market increases even in the pandemic period. The raw material costs and new product launches may increase the growth of the antimicrobial packaging market analysis.


Market Dynamics:


Drivers:


Antimicrobial Plastic material may increase the growth of the global antimicrobial packaging market. It delivers active agents into food products to avoid the growth of microorganisms and to rise shelf life. Thus it decreases the need for preservatives and additives and results in qualified food. Plastic products, tablets, and medical equipment can be bacteria-free using these elements. Thus it increases the usage in various industries. Healthcare is the largest consumer of this packaging. Hence it drives the antimicrobial packaging market growth.


In addition to that, microbial contamination, infection risks in hospitals and dental equipment drives the growth of the antimicrobial packaging market. High consumption of packaged food products is one of the major drivers of the antimicrobial packaging market growth. Packaged food is very fresh food with high quality and hygiene. It is also convenient and palatable.


Restraint:


The fluctuations in raw materials prices, stringent compliance to regulations, research & development, continuously advanced technologies may cause potential risk to the organizations and may hamper the growth of the antimicrobial packaging market trends.


Opportunities:


The Healthcare industry is the best opportunity to increase the growth of antimicrobial packaging. Recycling medical disposable products like connectors, syringes, tubing, and a wide variety of molded parts increases the demand for antimicrobial packaging which provides perfect cleanliness, sterility, easy usage, low cost, and convenience. Instability in raw material cost, new product launches, and R & D among major key players are the opportunities to raise the growth of the antimicrobial packaging market revenue.


Challenges:


Variations in laboratory viability and practical food products are the challenges to the antimicrobial packaging market during the forecast period 2021-2028.


Study Objectives



  • To provide detailed information about the antimicrobial packaging market structure along with various forecast segments and subsegments for the next 10 years.

  • To provide the factors that are affecting the growth of antimicrobial packaging market analysis.

  • To analyze the antimicrobial packaging market-based porter’s five force analysis, factors-price analysis, supply chain analysis, etc.

  • To provide history and forecast revenue segments and sub-segments of the antimicrobial packaging market share for the five main geographies and their countries.

  • To provide the country-level analysis of the current antimicrobial packaging market size and future prospective.

  • To provide country-level analysis of the antimicrobial packaging market growth by region, form, and application.

  • To provide a strategic profile of the key players in the market, analyze their core competencies, and draw a landscape of the global antimicrobial packaging industry market growth.

  • To track and analyze new product developments, strategic alliances, and global antimicrobial packaging market research.


Segment Overview:


The global antimicrobial packaging market research has been segmented based on the application, material, packaging type, and region.


Based on Application:


Based on Application, the antimicrobial packaging market is segmented into food & beverages, healthcare, personal care, and others. Among them, food & beverages hold the largest market share in the antimicrobial packaging market during the forecast period 2016 to 2021. The second-largest share was held by the healthcare industry.


Based on Material:


The antimicrobial packaging market is segmented based on material as plastic, paper and paper board, and others. Among them, plastic emerges as the leading segment in 2015. The other materials include non-woven fabrics, glass, and aluminum foil. To gain superior antibacterial and antifungal properties against bacteria, low-density polyethylene has been used.


Based on Packaging Type:


Based on packaging type, the antimicrobial packaging market is segmented into bags, pouches, carton packages, and others. Among them, pouches are projected as the fastest-growing pack type and these are used in various types of products that belong to different industries. Carton packages hold the second-largest share in the antimicrobial packaging market. Apart, other types of packing are trays, bags, cups & lids, cans, and blister packaging.


Based on Region:


This packaging market is segmented for the regions Asia-Pacific, Europe, North America, and the rest of the world. Among them, Asia Pacific holds the largest market share in the antimicrobial packaging market. After that, Europe holds the second-largest share.


Regional Analysis:


The global antimicrobial packaging market is divided into four main geographies as Asia-Pacific, Europe, North America, and the rest of the world. Asia- Pacific is in the leading position of the antimicrobial packaging market for its enormous demand for healthy products required for the huge population. India and China in this region are the major countries that increase the demand for the antimicrobial packaging market. This region becomes a large market for packaging solutions by using in different types of industries like healthcare, food & beverages.


Europe stood in second place in the antimicrobial packaging market for the factors of eco-friendly packaging technologies, and the use of recycled material. In 2018, in North America, the antimicrobial packaging market size is USD 2.02 billion. It is characterized by substantial technological advancements and awareness among the people about the antimicrobial packaging market. Latin America, Middle East, and Africa also gain the market share during the forecast period. In these regions, the food & beverages, personal care industries are the industries expected to lead the market growth. Easy availability of raw materials is also another growth factor in this region during the forecast period.


Recent Developments:



  • In February 2020, Mondi launched a corrugated packaging company with the help of Cartro which produces sustainable packaging solutions.

  • In October 2019, BASF offers a new defoamer- Foamaster WO 2360 complies with food contact regulations for adhesives, functional packaging, and paper coating applications which is china’s food contact regulation like Code of Federal Regulation (CFR), Bundesinstitut fur Risikobewertung (BfR), Food Contact Materials Regulation (EC), and Swiss Ordinance for packaging food contact materials.


Report Overview:


This global antimicrobial packaging research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent Developments, Segmentation Table and FAQs. The market dynamics include the antimicrobial packaging market drivers, restraints, challenges, and opportunities. The antimicrobial packaging market is segmented into three subsegments as application, material, packaging type, and region.


Segmentation Table:


The antimicrobial packaging market research outlook is segmented into application, material, packaging type, and region.


By Application:



  • Food & beverages

  • healthcare

  • personal care

  • others


By Region:


  • Asia-Pacific,

  • North America,

  • Europe

  • The rest of the world are the main geographies included in the market.


By Material:


  • Plastic

  • paper and paper board,

  • others


By Packaging Type:


  • Bags

  • pouches

  • carton packages

  • others



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 15.48 Billion
  CAGR   5.93% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Material, Type, and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE., The Dow Chemical Company, Mondi Plc, PolyOne Corporation, Biocote Limited, Dunmore Corporation, Linpac Senior Holdings, Microban International, 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 Drivers   Large consumption of packaged food products


    Frequently Asked Questions (FAQ) :


    The global antimicrobial packaging market is expected to record USD 15.48 billion by 2027

    The global antimicrobial packaging market is projected to register a CAGR of 5.93% in the forecast period.

    A few major market players operating in the global antimicrobial packaging market are Biocote Limited, PolyOne Corporation, Mondi Plc, Dunmore Corporation, among others.