Antimicrobial packaging is a packaging material with biological properties that allow its interaction with the product or the headspace inside to reduce, inhibit, or retard the growth of spoilage or pathogenic microorganisms on food surfaces. Antimicrobial packaging is a promising technology that effectively impregnates the antimicrobial into the food packaging film material and subsequently delivers it over the stipulated period to kill the pathogenic microorganisms affecting food products, thereby increasing the shelf life to severe folds.
MARKET SCOPE
The "Global Antimicrobial Packaging Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the antimicrobial packaging market with detailed market segmentation by product type, application, and geography. The report provides key statistics on the market status of the leading antimicrobial packaging market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on material, the global antimicrobial packaging market is segmented into plastics, biopolymer, paper & paperboard, and others.
- Based on packaging type, the global antimicrobial packaging market is segmented into bags, pouches, trays, carton packages, and others.
- Based on end use, the global antimicrobial packaging market is segmented into food and beverages, healthcare, personal care, and others.
MARKET DYNAMICS
Drivers:
- Rising consumer demand for products that are perishable, preservative-free, and minimally processed, and also due to the need to increase the shelf life of the products.
- Growing health-related awareness among consumers.
Restraints:
- Stringent regulations regarding antimicrobial packaging.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The antimicrobial packaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the antimicrobial packaging market in these regions.
IMPACT OF COVID-19 ON ANTIMICROBIAL PACKAGING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the antimicrobial packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from antimicrobial packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for antimicrobial packaging in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the antimicrobial packaging market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Mondi Plc
- The Dow Chemical
- Polyone Corporation
- Dunmore Corporation
- Biocote Corporation
- Linpac Senior Holdings
- Olpon Pure Sciences Ltd
- Microban International
- Takex Labo Co. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.