Anti-Microbial Packaging Market to Value Over US$ 12 Billion by 2026 End

  • 08 May 2019

The demand for preservative-free and relatively less processed bio essential commodities such as packaged food, health supplements and nutrients is rising due to general awareness about the benefits of organic and non-processed food items. The antimicrobial packaging ensures the shelf life is extended and is safe for consumption by the time the products reaches the consumers. The anti-bacterial and anti-fungal properties of antimicrobial packaging material prevent the contamination and degradation of environment-sensitive packaged products like eateries, emulsions, drinks and drugs. 
Also, the emphasis laid by strict statutory regulations for safe and tamper-proof packaging is a major factor leading to the high demand of antimicrobial packaging. Increase in efforts to control water-borne and food-borne epidemics, aids to overcome food shortage in malnourished countries, minimizing food wastage, etc are factors resulting in substantial growth of antimicrobial packaging market.


The global antimicrobial packaging market is anticipated to surpass its value over $12 billion by 2026 end, registering a bolstering CAGR of 5.44% during the forecasted period of 2019-2026 

The high production cost and lack of the desired infrastructure for anti-microbial packaging are restraints that would majorly hinder the growth of global anti-microbial packaging market for years to come.

Global Anti-Microbial Packaging Market, by Material    
•    Plastics
•    Biopolymer
•    Paperboard
Plastic segment leads in terms of usage due to its favourable physical and chemical properties that limit microbial growth and ease of moulding into the desired shape. However, growing plastic waste management issue and health hazards are propelling the need for effective use of biopolymers and paperboards. Market players with unique solutions capable of addressing environmental issues and providing cost-effective yet viable packaging in controlling/inhibiting the pathogen and microbial growth within perishable goods are anticipated to be future market leaders.

 Global Anti-Microbial Packaging Market, by Product Type
•    Pouches
•    Boxes
Pouches are the most dominant anti-microbial packaging product type and are anticipated to witness lucrative market growth in the coming years as well. Portable chitosan-ZnO nano-composite pouches are considered to be a breakthrough in smart packaging as the ZnO nanoparticles displayed a significant resistance for microbial growth according to an international journal for biological macromolecules. Corporates and elite entrants utilising such innovative materials for their pouches would have an upper hand compared to players relying on conventional materials. 

Global Anti-Microbial Packaging Market, by End User
•    Pharmaceutical
•    Food & Beverage
•    FMCG
•    Personal Care
•    Others

 Global Anti-Microbial Packaging Market, by Region:  
•    Europe  
•    North America  
•    APAC  
•    Latin America 
•    Rest of World 
 

Competitive Landscape:  
•    Tier 1 players- established companies in the market with a major market share  
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants   

 FutureWise Takeaways  
•    Growth prospects  
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth
 

Objectives of the Study:
•    To provide with an exhaustive analysis on the global anti-microbial packaging market by material, by product type by the end user, and region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
•    To evaluate and forecast micro-markets and the overall market  
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East 
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies  

 

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