Antimicrobial Packaging Market Size & Share, by Material (Plastics, Biopolymers, Paper & Paperboard); Antimicrobial Agents (Organic Acid, Bacteriocins); Type (Bags, Pouches, Trays) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 22
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

Antimicrobial Packaging Market size is estimated to reach USD 15 Billion by the end of 2033, growing at a CAGR of 9% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of antimicrobial packaging was over USD 9 Billion. The growth of the market can be attributed to a rising number of infectious and foodborne diseases and a surge in the demand for safe packaging. According to the World Health Organization, 600 million cases of foodborne diseases are registered every year owing to unsafe food worldwide.

Antimicrobial packaging is extensively used in the food and medical industry. Its ability to keep the product fresh is expected to boost market growth. Moreover, there has been tremendous growth in the healthcare industry which is anticipated to drive market growth over the forecast period.


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Antimicrobial Packaging Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Focus on Green Packaging Technology - More preference is given to green packaging technology by many industries to phase out single-use plastic because of the adverse consequences of littered plastic on both terrestrial and aquatic ecosystems which in return is expected to drive the growth of the market. More than 90% of plastic is not recycled and nearly 50% of global annual plastic production is used as a single-use product.
  • Increasing Incidences Owing to Antimicrobial Resistance (AMR) – which is expected to rise higher, to as many as ~10 million deaths annually by 2050 globally.
  • Increasing Public Expenditure on Healthcare – as per the Economic Survey of 2022, India spent 2.1 percent of GDP on public healthcare in 2021–2022, up from 1.8 percent in 2020–2021.
  • Growth in the Packaging Industry - the total value of the packaging industry in United States in 2019 amounted to around USD 180 billion.

Challenges

  • Lack of Proper Temperature Storage - Food and medicinal products require a specific temperature to store. It is necessary as it protects the product from getting contaminated. However, lack of proper temperature may result in the spoiling of the product which is expected to restrain the market growth.
  • High Cost and Fluctuating Nature of Raw Material
  • Its Ability to Cause Pollution

Antimicrobial Packaging Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

9%

Base Year Market Size (2022)

USD 9 Billion

Forecast Year Market Size (2033)

 USD 15 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Antimicrobial Packaging Segmentation

Material (Plastics, Biopolymers, Paper & Paperboard)

The global antimicrobial packaging market is segmented and analyzed for demand and supply by material into plastics, biopolymers, and paper & paperboard. Amongst these segments, the biopolymers segment is anticipated to garner the largest revenue by the end of 2033, backed by its ability to lead to less pollution in the environment than plastics as it contains material such as rice which can be easily degraded, causing less or no pollution. Almost two-thirds of plastic waste is made up of plastics with a lifespan of fewer than 5 years, with packaging accounting for 40%, consumer products for 12%, and apparel and textiles for 11% of this waste.

Our in-depth analysis of the global market includes the following segments:

      By Material

  • Plastics
  • Biopolymers
  • Paper & Paperboards

       By Antimicrobial Agents

  • Organic Acid
  • Bacterionics

        By Type

  • Bags
  • Pouches
  • Trays

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Antimicrobial Packaging Industry - Regional Synopsis

Asia Pacific Market Forecast

The Asia Pacific market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033, backed by the increasing population. The larger the population more the medication is required and hence to transport the medication to every corner proper packaging is needed. 6o% of the world’s population belongs to Asia and the Pacific region which is almost 4.3 billion people living here. India and China are considered to be the most populated nations.

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Companies Dominating the Antimicrobial Packaging Market

top-features-companies
    • Avient Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • BASF SE
    • The Dow Chemical Company
    • Mondi Plc
    • Biocote Limited
    • Dunmore Corporation
    • Aptar CSP Technologies
    • Microban International
    • Pure Science Ltd.
    • Takex Labo Co.Ltd

In-the-news

In The News

  • Avient Corporation announced launch of GLS Thermoplastic Elastomers with the help of Antimicrobial technology which provides protection against microbial growth.

  • Mondi Plc announced its collaboration with Fiorini for the development of new fully recyclable paper packaging for premium pasta.

Author Credits:  Sadaf Naaz, Mohd Shadab


  • Report ID: 22
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The factors driving the growth of the market are growing awareness among people regarding healthcare, increasing focus on green packaging technology, growth in packaging market, and others.

The market is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023-2033.

Lack of proper temperature storage, high cost and fluctuating nature of raw material, and its ability to cause pollution are expected to hinder the growth of the market.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are BASF SE, The Dow Chemical Company, Mondi Plc, Avient Corporation, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by material, antimicrobial agents, type, and by region.

The biopolymers segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
Antimicrobial Packaging Market Report Scope
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