Antimicrobial Packaging Market Competitive Dynamics, Development, Demand, Future Scope, Global Size, Outlook and Forecast To 2022
Antimicrobial Packaging Market Overview
Antimicrobial packaging is acting as a hurdle which prevent degradation of total quality of food and provides protection against microorganisms. The increasing demand for produced antimicrobial products globally drive the market for such market majorly in the regions of Asia pacific. Factors such as increasing demand of healthy antimicrobial products as well as hygienic factor fueled the market of Antimicrobial packaging. Additionally, economic feasibility and viability of packaged food are factors that are expected to increase the demand in the Antimicrobial Packaging Market
Key Players
- BASF SE.
- Mondi Plc
- The Dow Chemical Company
- PolyOne Corporation
- Dunmore Corporation
- Biocote Limited
- Linpac Senior Holdings
- Oplon Pure Sciences Ltd.
- Microban International
- Takex Labo Co. Ltd.
Market Segmentation
The global market of Antimicrobial Packaging Market has been segmented on the basis of material, packaging type, and end-users. On the basis of material, the global market has been segmented into plastics, paper and paperboard, and others. The On the basis of packaging type, the global market has been segmented into bags, pouches, carton packages, and others. The expansion of the bags segment can be attributed to the surge in need for convenience in food carriage. Followed by the carton segment, the global market is expected to earn high revenue over the evaluation period. Based on the end-use, the global market has been segmented into food and beverage, healthcare, and personal care. The beverage industry exhibits high rate of adoption of antimicrobial packaging materials. Hence, the beverage segment is expected to expand at a lucrative CAGR by 2022.
Regional Analysis
By region, the market growth has been investigated across Asia Pacific, North America, Europe, and the Rest of the World (RoW).
In the Asia Pacific region, due to an increase in the population, food production has increased. The surge in demand for food preservation lies therein, thus, is likely to boost the APAC market. In North America, the Antimicrobial Packaging Market is expected to register robust growth. Increase in the number of health enthusiast and early adoption of technologies are factors that are anticipated to favor the regional market. The firm food and beverage infrastructure in Europe is likely to promote its market growth.
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