Antimicrobial packaging products help to increase the shelf-life of product and offer protection, which help to deliver a good quality of food product. Global antimicrobial packaging market is estimated to be driven by shifting customers trend towards processed and specialty foods, development in antimicrobial packaging material, companies marketing strategies, increasing demand for packaging material, and customer awareness regarding food safety in developing economies.
The global antimicrobial packaging market report has been segmented on the basis of base material, antimicrobial agents, end-use industry, and region.
On the basis of base material, the global antimicrobial packaging market has been segmented into plastics, biopolymer, paper & paperboard, and others (aluminum foil, non-woven fabrics, and glass). The plastics segment is expected to account for major share in terms of revenue in the global antimicrobial packaging market. Plastics segment revenue is also expected to register highest CAGR over the forecast, owing to its numerous end-use applications.
On the basis of end-use industry, the global antimicrobial packaging market has been segmented into food & beverages, healthcare, personal care, and others (consumer goods and agricultural products). The food & beverages products segment is estimated to account for major share in the global antimicrobial packaging market in terms of revenue, owing to increasing demand for bakery & dairy products from various food industries.
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On the basis of region, the global antimicrobial packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific market is expected to dominate with major revenue share in the global antimicrobial packaging market in 2017. Asia Pacific market is also expected to register highest CAGR in terms of revenue in next ten years, owing to increasing demand for food and beverage products from countries in this region.
Key players operating in the global market include BASF SE, The DOW Chemical Company, Biocote Limited, Mondi PLC, Linpac Senior Holdings Limited, Polyone Corporation, Oplon Pure Science Ltd., Dunmore Corporation, Takex Labo Co. Ltd., and Microban International.