Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12.96 Billion | USD 26.46 Billion | 7.4% | 2023 |
According to a report from Zion Market Research, the global Antimicrobial Packaging Market was valued at USD 12.96 Billion in 2023 and is projected to hit USD 26.46 Billion by 2032, with a compound annual growth rate (CAGR) of 7.4% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Antimicrobial Packaging Market industry over the next decade.
The antimicrobial packaging of the food products discharges certain antimicrobial active agents into the food products which help inhibit microorganism growth and increase the lifespan of the product. The active agents released help maintain the quality of the packaged product. It also helps in reducing the use of preservatives and additives in packaged products. Antimicrobial packaging has applications in the healthcare, personal care, foods and beverages, agricultural, and dairy sectors. The application of antimicrobial active packaging is widely used in the healthcare sector.
The factors such as growing awareness related to health issues, increasing food wastage, high product consumption rate of the short shelf-life products, and rising infection or diseases throughout the globe drive the demand for antimicrobial packaging products in the global market. The growth of a number of industries such as agriculture, healthcare, consumer goods, foods and beverages, personal care, dairy product, and transportation in the developing and developed regions fuels the global antimicrobial packaging market growth.
Antimicrobial packaging is a must in the food industry due to the growing consumer demand for packaged products that are fresh, free of preservatives, and least processed. The packaging is important to increase the life of the product which in turn boosts the antimicrobial packaging market. The demand for a natural source for antimicrobial agent production rather than the synthetic microbial source is restraining the antimicrobial packaging market growth.
The antimicrobial packaging market is bifurcated on the basis of base materials, pack type, technology, end-user industry, and antimicrobial agents.
The base material segment is further divided into paper and paperboard, plastics, biopolymer, non-woven fabrics, glass, and aluminum foil.
The pack type segment is categorized into cups and lids, cans, blister packs, trays, bags, carton packages, and pouches.
The technology segment is classified as active packaging and controlled release packaging.
The end-user industry segment is bifurcated into food and beverages, personal care, healthcare, agricultural products, and consumer goods.
The antimicrobial agent’s segment is further categorized into essential oil, metal ions and oxidizers, enzymes, bacteriocins, organic acids, natural extracts, fungicides, antibiotics, and gas. The food and beverages category in the end-user industry along with the plastics category in the base material segment dominates the global antimicrobial packaging market.
Report Attributes | Report Details |
---|---|
Report Name | Antimicrobial Packaging Market |
Market Size in 2023 | USD 12.96 Billion |
Market Forecast in 2032 | USD 26.46 Billion |
Growth Rate | CAGR of 7.4% |
Number of Pages | 110 |
Key Companies Covered | PolyOne Corporation, Dunmore Corporation, BASF SE, Takex Labo Co. Ltd., The Dow Chemical Company, Microban International, Linpac Senior Holdings, Biocote Limited, Mondi Plc., and Oplon Pure Sciences Ltd among others |
Segments Covered | By base materials, By pack type, By technology, By end-user industry, By antimicrobial agents and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Antimicrobial packaging products are broadly utilized across various regions around the globe. Asia Pacific region rules the global antimicrobial packaging market due to the growing population, and increasing demand for packaged products, and it is considered to be a manufacturing hub that helps companies develop products at low cost. The market in the Asia-Pacific region is witnessing growth due to the increasing healthcare, and food and beverages industry in the region. Europe is the region expected to fuel the antimicrobial packaging market due to the increasing demand for packaged and fresh products in those regions.
Some of the key players in the antimicrobial packaging market are
By Base Material
By Pack Type
By Technology
By End-User Industry
By Antimicrobial Agent
Global Antimicrobial Packaging Market: Regional Segment Analysis
FrequentlyAsked Questions
Designed to stop the spread of microorganisms—including bacteria, mould, and fungus—on or inside the box, antimicrobial packaging is a type of active packaging meant to improve the shelf life of goods, especially food and drugs. Antimicrobial compounds incorporated into or coated onto the packaging material—which could contain elements like silver ions, organic acids, essential oils, and enzymes—achieve this.
Driven by worries about foodborne diseases and hygiene requirements, growing consumer knowledge of food safety is making antimicrobial solutions in packaging more appealing.
According to a report from Zion Market Research, the global Antimicrobial Packaging Market was valued at USD 12.96 Billion in 2023 and is projected to hit USD 26.46 Billion by 2032.
According to a report from Zion Market Research, the global Antimicrobial Packaging Market a compound annual growth rate (CAGR) of 7.4% during the forecast period 2024-2032.
Asia Pacific region rules the global antimicrobial packaging market due to the growing population, and increasing demand for packaged products, and it is considered to be a manufacturing hub that helps companies develop products at low cost. The market in the Asia-Pacific region is witnessing growth due to the increasing healthcare, and food and beverages industry in the region.
Some of the key players in the antimicrobial packaging market are PolyOne Corporation, Dunmore Corporation, BASF SE, Takex Labo Co. Ltd., The Dow Chemical Company, Microban International, Linpac Senior Holdings, Biocote Limited, Mondi Plc., and Oplon Pure Sciences Ltd among others.
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