Antimicrobial Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Antimicrobial Packaging Market
The Antimicrobial packaging market size was valued at USD 11.69 billion in 2023, and the market is now projected to grow from USD 12.40 billion in 2024 to USD 21.46 billion by 2032, exhibiting a CAGR of 7.10% during the forecast period of 2023-2032.
The growth in the antimicrobial packaging market was impacted negatively due to the COVID 19 pandemic through shut down of the global supply chain and manufacturing processes. Restricted supplies and shut down locked down and delayed schedule interrupted the production of raw materials. Furthermore, the decrease in the consumers’ spending and shifting preferences for necessity-based products affected the market demands. There has been a reduction in investment to emerging technologies like antimicrobial packaging because of volatilities and resource challenges.
The rise in consciousness globally with regard to improvement of commodity safety and durability especially foods is one of the key factors driving the antimicrobial packaging market growth. Another factor that has influenced the growth of this market is the improvement in packaging and an increase in awareness of food borne diseases as well as spoils. Moreover, the attention to the sustainability that has led to the decrease in food waste consumes also supports the use of antimicrobial packaging solutions. New and improved materials and coatings that reduce cross-contamination benefit the market, as there is a rising demand for natural and high-quality food preservation methods due to rising regulatory requirements.
The antimicrobial packaging business is beginning to experience a steady rise influenced by awareness on food poisoning and shelf life. The new advancements entail the application of natural antimicrobial substances, including essential oils and enzymes, as well as nanotechnology to enhance the performance. There is an emerging call for green material that forms part of the general push towards environmentally sustainable solutions. More and more attention is paid to smart packaging systems that can detect and react to microbial action. Besides, market growth has been facilitated by lengthy regulatory support and enhancement in technologies in the active packaging, main participating industries include food & beverage, healthcare, & personal care.
Comprehensive Analysis of Antimicrobial Packaging Market
The Antimicrobial packaging industry is rising at an exponential rate due to its market segmentation. These segmentations are methodically segregated by material, by antimicrobial agent type, by packaging type and by end-user. Based on material, market is divided into paperboard, plastic, biopolymers, and others. Based on antimicrobial agent type, market is divided into plant extracts, organic acids, and bacteriocins enzymes. Based on packaging type, market is divided into bags, pouches, trays, cartons, cups & lids, films. Based on end-user, market is divided into food & beverages, personal care & cosmetics, consumer electronics and healthcare.
The North America holds leading position in antimicrobial packaging market share by benefitting a market size of USD 4.05 billion in 2023. There are several factors that are influencing this dominance and some of them include; increasing consumption of packaged food and beverages, improved healthcare systems, and efforts being made towards investment in innovative packaging solutions. The strong legal framework that supports the use of antimicrobial substances in the packaging of foods in the area also contributes to its authority.
The top players in the market play a crucial role in the industry assuring industrial prospectus growth and setting market standards. These players include, Biocote Limited (U.K.), Dunmore Corporation (U.S.), Microban International (U.S.), Klöckner Pentaplast Europe GmbH & Co. KG (Argentina), BASF SE(Germany), The Dow Chemical Company (U.S.), Mondi Plc (South Africa), PolyOne Corporation(U.S.), Olpon Pure Sciences Ltd (Israel), Takex Labo Co. Ltd (Japan), Foodtouch (U.S.), Biomaster (Sweden).
In January 2023, Dow Chemical Company introduced the new Dow INFINIA ProShield HP, a high-quality film for food packaging that includes antimicrobial properties.
Segmentation Table
Global Antimicrobial Packaging Market Scope
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.10% from 2024 to 2032
Unit Value (USD Billion) and Volume (Million Tons)
Segmentation By Material
Paperboard
Plastic
Biopolymers
Others
By Antimicrobial Agent Type
Plant Extracts
Organic Acids
Bacteriocins Enzymes
By Packaging Type
Bags
Pouches
Trays
Cartons
Cups & Lids
Films
By End-user
Food & Beverages
Personal Care & Cosmetics
Consumer Electronics
Healthcare
By Region
North America (By Material, By Antimicrobial Agent Type, By Packaging Type, By End-user, and By Country)
- U.S. (By Material)
- Canada (By Material)
Europe (By Material, By Antimicrobial Agent Type, By Packaging Type, By End-user, and By Country)
- Germany (By Material)
- France (By Material)
- U.K. (By Material)
- Italy (By Material)
- Spain (By Material)
- Russia (By Material)
- Rest of Europe (By Material)
Asia Pacific (By Material, By Antimicrobial Agent Type, By Packaging Type, By End-user, and By Country)
- China (By Material)
- India (By Material)
- Japan (By Material)
- Australia (By Material)
- Southeast Asia (By Material)
- Rest of Asia Pacific (By Material)
Latin America (By Material, By Antimicrobial Agent Type, By Packaging Type, By End-user, and By Country)
- Brazil (By Material)
- Mexico (By Material)
- Rest of Latin America (By Material)
Middle East & Africa (By Material, By Antimicrobial Agent Type, By Packaging Type, By End-user, and By Country)
- GCC (By Material)
- South Africa (By Material)
- Rest of Middle East & Africa (By Material)
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