Antimicrobial Packaging Market is Estimated to Reach USD 15.86 Billion by 2030: Cognitive Market Research

Antimicrobial Packaging Market Overview:
What is Antimicrobial Packaging?
Antimicrobial packaging is specially designed medium packaging, which helps in removing the possibility of germs and bacteria growth. This packaging prevents bacteria decay which compromises the safety and quality of the packaging goods. Antimicrobial packaging is used in antimicrobial mediators where the more part of spoilage and contamination. In addition, by inhibiting the growth of pathogens and improving product shelf of the product.

Summary:
• As per the study of CMR, The Global Antimicrobial Packaging Market size was valued at USD 10.81 Billion in 2022 and will grow at a CAGR Of 5.2 % during the forecast period, reaching USD 15.86 Billion by 2030.
• By material type, the plastic segment has the largest revenue share in the antimicrobial packaging market.
• By technology, the active release segment has the major revenue share in the antimicrobial packaging market.
• By packaging type, the cartons segment has the largest market share in the antimicrobial packaging market.
• Europe has the largest revenue share in the antimicrobial packaging market.

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Market Dynamics:
Antimicrobial Packaging Market Drivers:
The increasing demand for antimicrobial packaging for packaged food due to the increasing number of people's disposable income across the globe is the key factor likely to drive the demand for the antimicrobial packaging market. In addition, increasing awareness regarding health-related issues the consumer is likely to boost the demand for the antimicrobial packaging market.

Antimicrobial Packaging Market Opportunities:
Growing demand for antimicrobial packaging in the healthcare and pharmaceutical sector will present growth opportunities for the antimicrobial packaging market. In addition, rising research and development activities and drug formulation advancement create growth opportunities for the target market in the forecast period.

Antimicrobial Packaging Market Restraints:
Fluctuation of the raw material price which is used in the manufacturing of antimicrobial packaging is a key factor hampering the growth of the antimicrobial packaging market. strict government regulation about the packaging is anticipated to hinder the growth of the target market in the forecast period.

Market Segmentation:
Material Type:
• Biopolymers
• Paperboard
• Plastic
• Others
By material type, the plastic segment has the largest revenue share in the antimicrobial packaging market. This is attributed to plastic antimicrobial packaging used for the secondary packaging of beverage and food products. In addition, plastic is synthetic polymer material and an active antimicrobial component, which resists the growth of microbial.

Technology:
• Controlled Release
• Active Release
By technology, the active release segment has the major revenue share in the antimicrobial packaging market. This is due to the increasing self-life of the product's actively released antimicrobial packaging by absorbing and releasing material from food packaging projected to fuel the demand of this segment in the target market.

Packaging Type:
• Pouches
• Cartons
• Bags
By packaging type, the cartons segment has the largest market share in the antimicrobial packaging market. This is owing to the carton packaging type protecting the antimicrobial coating of the inside packed product expected to propel the demand for this segment in the target market.

Competitive Analysis of Antimicrobial Packaging Market: Takex Labo Co.Ltd JP, Sciessent LLC US, BASF DE, Dow Chemical Company US, Barr Brands International US, Mondi PLC AT, LINPAC Senior Holdings Limited UK, PolyOne Corporation US, BioCote Limited UK, Dunmore Corporation US, Sealed Air US, Covestro DE

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Regional Analysis:
Europe accounted for the largest share of the antimicrobial packaging market
Europe has the largest revenue share in the antimicrobial packaging market. This is due to the increasing demand for antimicrobial packaging for food packing in the region is anticipated to drive the antimicrobial packaging market in the region.

Antimicrobial Packaging Market Industry News:
Avient has launched GLS thermoplastic elastomers with antimicrobial technology
In May 2021, Avient has launched GLS thermoplastic elastomers with antimicrobial technology, which protects from microbial growth. In addition, tested in accordance with JIS Z2801 and ASTM G21-15 standards, these additives protect molded parts of plastic inhibiting bacterial growth and mold and resisting fungal growth.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Antimicrobial Packaging Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Antimicrobial Packaging Market Segmentation
1.5.1 Antimicrobial Packaging Market Regional Fragmentation
1.5.1 Antimicrobial Packaging Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Antimicrobial Packaging Market
• 3.1 Global Antimicrobial Packaging Market Size 2018 - 2030, (USD Million)
• 3.2 Global Antimicrobial Packaging Value, Absolute & Opportunity Analysis
• 3.3 Global Antimicrobial Packaging Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Antimicrobial Packaging Market Statistics 2022: Snapshot
Chapter 4 Global Antimicrobial Packaging Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Antimicrobial Packaging Market by Material Type Segmentation Analysis (2018-2030)
Chapter 10 Global Antimicrobial Packaging Market by Technology Segmentation Analysis (2018-2030)
Chapter 11 Global Antimicrobial Packaging Market by Packaging Type Segmentation Analysis (2018-2030)
Chapter 12 Global Antimicrobial Packaging Market Regional Analysis
Chapter 13 North America Antimicrobial Packaging Market Outlook (2018 - 2030)
Chapter 14 Europe Antimicrobial Packaging Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Antimicrobial Packaging Market Outlook (2018 - 2030)
Chapter 16 Latin America Antimicrobial Packaging Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Antimicrobial Packaging Market Outlook (2018 - 2030)
Chapter 18 Research Findings
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Related Report:
• Rigid Packaging Market- https://www.cognitivemarketresearch.com/rigid-packaging-market-report
• Aseptic Packaging Market- https://www.cognitivemarketresearch.com/aseptic-packaging-market-report
• Antimicrobial Additive Market- https://www.cognitivemarketresearch.com/antimicrobial-additive-market-report
• Antimicrobial Apparel Market- https://www.cognitivemarketresearch.com/antimicrobial-apparel-market-report

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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly

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