Global Antimicrobial Packaging Market 2023-2027
The antimicrobial packaging market is forecasted to grow by USD 4154.02 million during 2022-2027, accelerating at a CAGR of 6.72% during the forecast period. The report on the antimicrobial packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing consumption of packaged beverage, increase in awareness of consumer health and better product shelf lives, and rising demand of antimicrobial packaging from healthcare industry.
Technavio's antimicrobial packaging market is segmented as below:
By Material
- Plastic
- Biopolymer
- Paperboard
By Type
- Bags
- Pouches
- Trays
- Carton packages
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising mergers and acquisitions by vendors as one of the prime reasons driving the antimicrobial packaging market growth during the next few years. Also, technological developments in antimicrobial packaging products and surge in disposable income of people worldwide will lead to sizable demand in the market.
The report on the antimicrobial packaging market covers the following areas:
- Antimicrobial packaging market sizing
- Antimicrobial packaging market forecast
- Antimicrobial packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading antimicrobial packaging market vendors that include AptarGroup Inc., Avient Corp., BASF SE, Berry Global Inc., BioCote Ltd., COEXPAN SA, Dow Chemical Co., Ecoduka, Great American Packaging, KP Holding GmbH and Co. KG, LAGEEN TUBES, MicrobeGuard Corp., Mondi Plc, Parx Materials N.V, RTP Co., Saudi Basic Industries Corp., Sciessent LLC, Tekni Plex Inc., Xiamen Changsu Industrial Co. Ltd., and API Group Corp.. Also, the antimicrobial packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.