Report Description
A recent market intelligence report that is published by Data Insights Partner on Antimicrobial Packaging Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international. The research study also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and world Antimicrobial Packaging Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of international Antimicrobial Packaging Market is offered.
Market Insights:
In accordance with the report, the Antimicrobial Packaging Market is projected to expand at a CAGR of X.X% over the period of forecast. The global Antimicrobial Packaging Market was valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn in 2031, growing with a significant CAGR rate during the forecast period. The application of active packaging is known as antimicrobial packaging. These are specially designed packaging that uses antimicrobial mediators to help prevent the superficial evolution of bacteria and germs in food, which is where the majority of contamination and spoiling occurs. It enables the release of antimicrobial mediators in a well-ordered manner onto the food surface and during the storage period. This in turn is expected to drive the market demand during the forecast period. Antimicrobial packaging introduces active ingredients into food, preventing the growth of bacteria and extending the shelf life. In addition, the antimicrobial packaging industry is being driven by microbiological contamination, infection hazards in hospitals, and dental equipment. One of the primary drivers of antimicrobial packaging market growth is the high use of packaged food goods. Packaged food is very fresh, high-quality, and hygienic food. It is also practical and tasty. Antimicrobial drugs developed from synthetic pathogenic sources, on the other hand, have not been shown to satisfy customers, who prefer products obtained from natural sources. Over the next eight years, such a factor is likely to stifle overall market growth. The antimicrobial packaging market is led by Asia-Pacific, which has a significant need for healthy products to meet the needs of its massive population. In this area, India and China are the two most important countries driving demand for antimicrobial packaging. This region develops becoming a big market for packaging solutions as a result of its use in several industries like as healthcare, food, and beverages. In October 2019, BASF launched Foamaster WO 2360, a new defoamer that complies with food contact regulations for adhesives, functional packaging, and paper coating applications in China, including the Code of Federal Regulation (CFR), the Bundesinstitut fur Risikobewertung (BfR), the Food Contact Materials Regulation (EC), and the Swiss Ordinance for packaging food contact materials.
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Research Methodology:
To compile the detailed study of the global Antimicrobial Packaging Market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Antimicrobial Packaging Market. Comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, Industrial papers, and paid databases. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the Antimicrobial Packaging Market.
COVID-19 Scenario Analysis:
The COVID-19 outbreak has shaken the whole economy in the world. In this scenario some industries are doing quite well while others have been crushed. This section of the report has explored the overall status of the COVID-19 scenario. The industry witnessed a huge decline in terms of sales. Likewise, the Antimicrobial Packaging Market was affected negatively due to the shutdown of manufacturing/processing facilities for some time. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.
Segment Covered:
Antimicrobial Packaging Market report has been segmented By Base Material, By Pack Type, By Antimicrobial Agents also includes the market size and forecast for all these segments. Compounded annual growth rates for all segments have also been provided for 2019 to 2031. This report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
Key Segments:
Antimicrobial Packaging Market research report includes an in-depth coverage of the industry with estimates & forecast from 2022 to 2031, for the following segments:
Antimicrobial Packaging Market, By Base Material, 2022-2031 (USD Million)
Plastics
Biopolymer
Paper & Paperboard
Others (aluminum foil, non-woven fabrics, and glass)
Antimicrobial Packaging Market, By Pack Type, 2022-2031 (USD Million)
Bags
Pouches
Trays
Carton packages
Cups & lids
Others (cans & blister packs)
Antimicrobial Packaging Market, By Antimicrobial Agents, 2022-2031 (USD Million)
Organic acid
Bacteriocins
Enzymes
Essential oil
Metal ions & oxidizers
Others (gas, fungicides, natural extract, and antibiotics)
Report Highlights:
The prime objective of the Antimicrobial Packaging Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with different major regions and more than 30 major countries across the globe. During the report’s production, extensive research and analysis were conducted. This research will assist readers in gaining a thorough understanding of the market.
Antimicrobial Packaging Market, By Region, 2022-2031 (USD Million)
North America ( United States, Canada, Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
South Asia ( India, Pakistan and Bangladesh)
East Asia (China, Japan and South Korea)
South East Asia (Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
Middle East (Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
Africa (Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
South America (Brazil, Argentina, Colombia, Chile, and Rest of SA)
Oceania (Australia and New Zealand)
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Companies Profiled:
To enhance their position in the global market, key suppliers/manufacturers are concentrating on business expansion and product innovation. Manufacturers/producers are also working on boosting their manufacturing capacity and product quality to gain a competitive advantage. The following are some of the prominent manufacturers in the worldwide Antimicrobial Packaging Market:
BASF SE
Biocote Limited
Dunmore Corporation
Linpac Senior Holdings
Microban International
Mondi Plc
Oplon Pure Sciences Ltd. (Israel)
PolyOne Corporation
Takex Labo Co. Ltd.
The Dow Chemical Company
Others
Antimicrobial Packaging Market Report Highlights:
Detailed analysis of the parent market
Key players’ strategies and products supplied in the competitive landscape
Market segmentation in depth analysis
Market size in terms of volume and value, past, present, and future scenario
Potential and specialty areas, as well as geographical regions with promising growth prospects
Market players use this information to maintain and expand their market presence, thus it’s important to have an unbiased perspective on market performance.
Recent advancements and technological trends in the industry
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