New Zealand markets closed

  • NZX 50

    11,564.75
    -160.87 (-1.37%)
     

  • NZD/USD

    0.6241
    -0.0029 (-0.47%)
     

  • ALL ORDS

    7,085.10
    -103.10 (-1.43%)
     

  • OIL

    64.80
    -1.94 (-2.91%)
     

  • GOLD

    1,990.50
    +17.00 (+0.86%)
     

Antimicrobial Packaging Market to Hit USD 17.25 Billion by 2029 | At 6.52% CAGR over 2022-2029

Fortune Business Insights
·6-min read
Fortune Business Insights
Fortune Business Insights

Key companies covered in antimicrobial packaging market are Biocote Limited (U.K.), Dunmore Corporation (U.S.), Microban International (U.S.), Klöckner Pentaplast Europe GmbH & Co. KG (Argentina), BASF SE(Germany), The Dow Chemical Company (U.S.), Mondi Plc (South Africa), PolyOne Corporation(U.S.), Olpon Pure Sciences Ltd (Israel), Takex Labo Co. Ltd (Japan), Foodtouch (U.S.), Biomaster (Sweden), and Other Key Players

Pune, India, Feb. 06, 2023 (GLOBE NEWSWIRE) -- The global antimicrobial packaging market size was valued at USD 10.55 billion in 2021. The market is anticipated to expand from USD 11.08 billion in 2022 to USD 17.25 billion by 2029, exhibiting a CAGR of 6.52% over the forecast period. The rise can be credited to the surging demand for fine-quality products on account of growing concerns regarding preservation, quality care, and safety in the hygiene, pharmaceutical, and food industries.

This information is provided by Fortune Business Insights™ in its research report, titled “Antimicrobial Packaging Market Size, Share, Growth, and forecast 2022-2029”.

Get a Sample Research PDF:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/antimicrobial-packaging-market-102726

Competitive Landscape:

Leading Companies Strike Collaborative Deals to Expand Product Reach

Major antimicrobial packaging companies are focused on entering into partnership deals and agreements to expand their geographical footprint. Some of the other initiatives adopted for increasing product penetration include mergers, acquisitions, the formation of alliances, and research activities.

List of Key Players Mentioned in the Report:

  • Biocote Limited (U.K.)

  • Dunmore Corporation (U.S.)

  • Microban International (U.S.)

  • Klöckner Pentaplast Europe GmbH & Co. KG (Argentina)

  • BASF SE(Germany)

  • The Dow Chemical Company (U.S.)

  • Mondi Plc (South Africa)

  • PolyOne Corporation(U.S.)

  • Olpon Pure Sciences Ltd (Israel)

  • Takex Labo Co. Ltd (Japan)

  • Foodtouch (U.S.)

  • Biomaster (Sweden)

Regional Insights:

North Americas to Emerge as Leading Region Owing to Rising Demand from Growing Economies

The North American antimicrobial packaging market share is dominant and is characterized by strong growth in antimicrobial packaging technology. In addition, high awareness of local people is expected to keep the market moving. North America is poised to register commendable growth over the estimated period. The surge can be attributed to the rising demand for therapeutic devices and pharmaceuticals.

Get a Quote Now:

https://www.fortunebusinessinsights.com/enquiry/get-a-quote/antimicrobial-packaging-market-102726

Report Scope & Segmentation:

Report Coverage

Details

Forecast Period

2022-2029

Forecast CAGR

6.52 %

2029 Value Projection

USD 17.25 Billion

Base Year

2018

Antimicrobial Packaging Market Size in 2022

USD 11.08 Billion

Historical Data

2018-2020

No. of Pages

220

Segments Covered

By Type, End-user and Regional Insights

Antimicrobial Packaging Industry Growth Drivers

Plastic Segment to Gain Prominence Driven by Ease of Manufacturing & Flexibility

Food & Beverages Segment to Register Considerable Growth Due to Increasing Demand for Packaged Food

Segments:

Plastic Segment to Gain Traction Driven by Flexibility and Ease of Manufacturing

On the basis of material, the market is segregated into plastic, biopolymers, paperboard, and others. The plastic segment is set to record commendable expansion over the forecast period. The surge is being driven by various properties of plastics such as flexibility, ease of manufacturing, and moisture resistance.

Organic Acids to Register Notable Demand Driven by the Benefit of Extended Shelf Life

Based on antimicrobial agent type, the market is subdivided into organic acids, bacteriocins enzymes, and plant extracts. The organic acids segment is slated to depict substantial growth throughout the estimated period. The rise can be attributed to increasing product usage as preservatives in food applications.

Pouches Segment to Exhibit Lucrative Growth Impelled by Soaring Demand from Numerous Sectors

On the basis of packaging type, the market is fragmented into trays, pouches, bags cartons, films, and cups & lids. The pouches segment is poised to exhibit appreciable growth throughout the projected period. The upsurge is on account of surging product demand from various industries. These include agriculture, personal care, food, and healthcare.

Food & Beverages Segment to Register Considerable Growth Due to Increasing Demand for Packaged Food

Based on end-user, the market is categorized into food & beverages, healthcare, personal care & cosmetics, and consumer electronics. The food & beverages segment is set to register an appreciable surge over the forecast period. The growth is being impelled by various benefits such as low cost and ease of use.

On the basis of geography, the market has been studied across five regions, including Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Report Coverage:

The report gives a comprehensive analysis of the major trends that are slated to propel the business landscape across various regions. It further delves into significant factors impelling industry expansion over the estimated period. Other aspects include the key steps taken by pivotal market players to expand their geographical footprint.

Drivers and Restraints:

Market Share to Rise on Account of Soaring Health Awareness Among Consumers

One of the major factors propelling the antimicrobial packaging market growth is the rising health awareness among consumers and the increasing demand for high-quality packaging. Recent years have also recorded an escalating demand for pharmaceutical products owing to changes in consumer lifestyles.

However, the market expansion is likely to be hampered on account of the fluctuating prices of raw material and lack of storage at appropriate temperatures.

Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/antimicrobial-packaging-market-102726

Key Industry Development:

February 2020 – Mondi collaborated with Carter. The deal would help the company in delivering sustainable packaging solutions for fresh produce.

COVID-19 Impact:

Development of New Solutions Propelled by Soaring Inclination Toward Ensuring Supply Continuity

The coronavirus pandemic created several challenges for industry players during the initial days of lockdown. These included disruptions in supply chain and labor shortages. However, operations in this industry did not stop during the lockdown period. The demand for antimicrobial packaging increased on account of concerns associated with consumer health.

Detailed Table of Content:

  • Introduction

    • Research Scope

    • Market Segmentation

    • Research Methodology

    • Definitions and Assumptions

  • Executive Summary

  • Market Dynamics

    • Market Drivers

    • Market Restraints

    • Market Opportunities

  • Key Insights

    • Key Emerging Trends – For Major Countries

    • Latest Technological Advancement

    • Regulatory Landscape

    • Porters Five Forces Analysis

    • Impact of COVID-19 on the Antimicrobial Packaging Market

  • Global Antimicrobial Packaging Industry Analysis (Million Tons, USD Billion), Insights and Forecast, 2018-2029

    • Key Findings / Summary

    • Market Analysis, Insights and Forecast – By Material

      • Paperboard

      • Plastic

      • Biopolymers

      • Others

    • Market Analysis, Insights, and Forecast – By Antimicrobial Agent Type

      • Plant Extracts

      • Organic Acids

      • Bacteriocins Enzymes

    • Market Analysis, Insights and Forecast – By Packaging Type

      • Bags

      • Pouches

      • Trays

      • Cartons

      • Cups & Lids

      • Films

    • Market Analysis, Insights, and Forecast – By End-users

      • Food & Beverages

      • Personal Care & Cosmetics

      • Consumer Electronics

      • Healthcare

    • Market Analysis, Insights, and Forecast – By Region

      • North America

      • Europe

      • Asia Pacific

      • Latin America

      • Middle East & Africa

Toc Continued…

Get your Customized Research Report:

https://www.fortunebusinessinsights.com/enquiry/customization/antimicrobial-packaging-market-102726

Read Related Insights:

Recycled Plastic Market Share and regional forecast 2022-2028

Industrial Fasteners Market Size, Share, Growth Outlook 2022-2029

Alkaline Battery Market Size, Share, Growth Outlook 2022-2029

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights Pvt. Ltd.

9th Floor, Icon Tower,

Baner - Mahalunge Road, Baner,

Pune-411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com

Connect us via Social Media Channels:

LinkedIn  Facebook  Twitter Blogs


Latest stories

  • 72% of Singaporeans feel quality of life 'better' post-pandemic: MCI poll

    Most residents have expressed confidence in the ability of Singapore to manage future pandemics.

  • Form 8.3 - Emis Group PLC

    8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:Rathbones Group Plc(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation

  • Finland B2C Ecommerce Market Databook Report 2023: Gross Merchandise Value (GMV) will Increase from $17.5 Billion in 2022 to Reach $26.3 Billion by 2027

    Dublin, March 20, 2023 (GLOBE NEWSWIRE) -- The "Finland B2C Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.B2C Ecommerce market in Finland is expected to grow by 9.66% on annual basis to reach US$19.2 billion in 2023. The Medium to

  • 3 Dow Stocks Near 52-Week Lows That Look Like Bargains Now

    The past 15 months have been disastrous for the major stock market indexes, but one has fared better than its peers. The Dow Jones Industrial Average has fallen around 12% since the end of 2021. While traditionally filled with industrial and financial stocks, there aren't any specific rules that determine which companies become one of the Dow's 30 components.

  • Bringing the Home Service to your Doorstep: UAE On Demand home Service market to hit AED 5 Billion by 2026. Explore major factor for the growth in UAE On Demand Home Service Market: Ken Research

    The report focuses on the On-Demand Home Services Market Segmentation by Type of Services (Cleaning, Repairs and Maintenance, Beauty and Others); By Geography (Dubai, Abu Dhabi, Other Emirates); By Deployment (Online and Offline). UAE On-Demand Home Services Industry report concludes with projections for the future of the industry including forecasted market size by 2026, and analysts’ take on the future highlighting the major opportunities.Gurugram, India, March 20, 2023 (GLOBE NEWSWIRE) -- Dig

  • Global Speech-To-Text Market Size & Analysis

    Amazon, Google LLC, IBM Corporation, Microsoft, Nuance Communications, Speechmatics, Vocapia Research, Verint Systems, Revcom Inc., and VoiceBase, among others, are some of the key players in the speech-to-text market.Brooklyn, New York, March 20, 2023 (GLOBE NEWSWIRE) -- According to a recently revamped/updated market research report published by Global Market Estimates, the Global Speech-To-Text Market is projected to grow from USD 2.8 billion in 2023 to USD 5.9 billion in 2028 at a CAGR of 19

  • HSBC Bank Plc - Form 8.5 (EPT/RI) - Kape Technologies plc

    FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITYRule 8.5 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Name of exempt principal trader:HSBC Bank Plc(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offereeKape Technologies plc(c) Name of the party to the offer with which exempt principal trader is connected:Offeror

  • 3 Great ETFs to Invest in the Fintech Revolution

    Financial technology, or fintech, has been a particularly hard-hit area of the stock market in the recent downturn, but could also be one of the most exciting growth opportunities of the next decade and beyond.

  • DEQI Reports Record Results for Period Ending December 31, 2022

    West Lake Village, March 20, 2023 (GLOBE NEWSWIRE) -- Metaverse, Inc. (OTC: DEQI), a developer of innovative AI, augmented reality, and Web3 software, today announced financial results for its fiscal year ended December 31, 2022. The Company posted record revenue of $1,602,091 and net income of $493,672, compared to a loss of $11,231 for the previous year. The Company reported total assets of $3.3 million, an increase from $20,491 in the previous year. Current assets totaled $1.0 million, includ

  • Just How Safe Is the Stock Market Right Now? Here's What History Says

    The past year hasn't been easy for most people, and if you have money invested in the stock market, you've probably watched your portfolio sink to some degree. It can be tempting, then, to stop investing altogether until the market stabilizes -- especially as a recession is looking more likely. Nobody knows for certain what the future holds for the stock market, but more experts are betting on a recession.

  • Enameled Cookware Global Market Report 2022: Growing Preference for Modular Kitchens Bodes Well for Sector

    Global Enameled Cookware Market Global Enameled Cookware Market Dublin, March 20, 2023 (GLOBE NEWSWIRE) -- The "Enameled Cookware Market Size, Share & Trends Analysis Report By Product (Oven, Pots, Pans, And Bakery Tray), By Application (Residential, Commercial), By Distribution Channel (Online, Offline, By Region, And Segment Forecasts, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.The global enameled cookware market is expected to reach USD 2.89 billion by 2030. The m

  • What Wall Street is saying about UBS buying Credit Suisse

    Wall Street largely sees positive signs while digesting the historic deal.

  • Feed Amino Acids Market to hit $12.7 Bn by 2032, Says Global Market Insights Inc.

    Major feed amino acids market participant includes Meihua Group, Ajinomoto Co., Inc., Ningxia Eppen Biotech Co., Ltd, Archer-Daniels-Midland Company (ADM), Global Bio-chem Technology Group Company Limited, CJ Cheiljedang Corporation, Daesang Corporation & Henan Julong Biological Engineering Co.Selbyville, Delaware,, March 20, 2023 (GLOBE NEWSWIRE) -- The feed amino acids market valuation is anticipated to reach USD 12.7 billion by 2032, as reported in a research study by Global Market Insights I

  • US Banks on ‘Bumpy’ Path as First Republic’s Troubles Deepen

    (Bloomberg) -- Just weeks ago, they were bit players in the giant US banking system. Now, a handful of regional lenders are at the heart of a crisis that’s shaken the country and engaged the likes of Warren Buffett and Jamie Dimon. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferThe

  • Global B2C e-Commerce Market Databook Report 2023-2027: Innovation in the Indian e-Commerce Segment will Shape the Future of the Global Online Shopping Market

    Dublin, March 20, 2023 (GLOBE NEWSWIRE) -- The "Global B2C Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.Global B2C Ecommerce industry is expected to grow by 7.80% on annual basis to reach US$6,985.5 billion in 2023. The Medium to

  • Methode Electronics (NYSE:MEI) Will Pay A Dividend Of $0.14

    The board of Methode Electronics, Inc. ( NYSE:MEI ) has announced that it will pay a dividend of $0.14 per share on the...

  • K-Bro Linen (TSE:KBL) Is Paying Out A Dividend Of CA$0.10

    The board of K-Bro Linen Inc. ( TSE:KBL ) has announced that it will pay a dividend on the 14th of April, with...

  • HLS Therapeutics (TSE:HLS) Is Paying Out A Dividend Of $0.05

    The board of HLS Therapeutics Inc. ( TSE:HLS ) has announced that it will pay a dividend on the 15th of June, with...

  • Morgan Stanley Turns ‘Outright Bullish’ on Asian Growth Stocks

    (Bloomberg) -- Easing financial conditions globally have made Morgan Stanley “outright bullish” on growth stocks in Asia and emerging markets versus their value peers.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueLiqui

  • Film and Episodic VFX Global Market Report 2023: Rising Penetration of OTT Platforms Drives Demand

    Film and Episodic VFX Market Film and Episodic VFX Market Dublin, March 20, 2023 (GLOBE NEWSWIRE) -- The "Film and Episodic VFX Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.The global film and episodic VFX market size is expected to grow at a CAGR of 11.54% from 2022 to 2028 MARKET TRENDS & DRIVERS Rising Penetration of OTT PlatformsOwing to the increasing demand for binge-watch content such as web series, films, and documentaries from