Antimicrobial Packaging Industry| COVID-19 Analysis

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Despite the presence of such strong boosters, the global Antimicrobial Packaging Industry can is likely to encounter certain challenges. Variations in prices of raw materials, difficulty in compliance to rules and regulations, and exposure to potential risks factors can limit the expansion of the global Antimicrobial Packaging Industry.

Segmental Overview

The global market of Antimicrobial Packaging Industry has been segmented on the basis of material, packaging type, and end-users. On the basis of material, the global market has been segmented into plastics, paper and paperboard, and others. The On the basis of packaging type, the global market has been segmented into bags, pouches, carton packages, and others. The expansion of the bags segment can be attributed to the surge in need for convenience in food carriage. Followed by the carton segment, the global market is expected to earn high revenue over the evaluation period.  Based on the end-use, the global market has been segmented into food and beverage, healthcare, and personal care. The beverage industry exhibits high rate of adoption of antimicrobial packaging materials. Hence, the beverage segment is expected to expand at a lucrative CAGR by 2022.

Regional Outlook

By region, the market growth has been investigated across Asia Pacific, North America, Europe, and the Rest of the World (RoW).

In the Asia Pacific region, due to an increase in the population, food production has increased. The surge in demand for food preservation lies therein, thus, is likely to boost the APAC market.  In North America, the Antimicrobial Packaging Industry is expected to register robust growth. Increase in the number of health enthusiast and early adoption of technologies are factors that are anticipated to favor the regional market. The firm food and beverage infrastructure in Europe is likely to promote its market growth.

Key Players

MRFR listed some of the eminent companies that are operating in the global Antimicrobial Packaging Industry. They are; BASF SE., Mondi Plc, The Dow Chemical Company, PolyOne Corporation, Dunmore Corporation, Biocote Limited, Linpac Senior Holdings, Oplon Pure Sciences Ltd.