The global anti-microbial packaging materials market to grow at a CAGR of 5.26% during the period 2017-2021.
Global Anti-microbial Packaging Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers sales generated from anti-microbial packaging products in key end uses such as food and beverage, pharmaceutical, and other sectors.
One trend in the market is advent of nanotechnology in active and intelligent packaging. Vendors of the packaging and the food and beverages sectors are constantly working on developing new packaging materials with high barrier properties. Polymer nanocomposites are known to provide excellent barrier protection. These nanocomposites are finding novel applications in terms of packaging of the processed foods such as processed meats, cheese, confectionary, and cereals.
According to the report, one driver in the market is need for extended shelf life in food packaging sector. Anti-microbial packaging materials are used in the form of thin films and sheets for food packaging. The growth of the packaging industry is increasing with innovations in the food processing industry. Packaging has become an indispensable part of food processing over the last four decades. Packing materials are generally used to contain the product, preserve it, and increase its shelf life without compromising on the product quality.
Further, the report states that one challenge in the market is risks associated with raw material procurement. The volatile prices of raw materials pose a challenge to the market. For packaging vendors, the price of the raw materials adds up a significant part to the production cost. Manufacturers of anti-microbial packaging products use raw materials such as solvents, epoxy, and other resins. Most of the raw materials are petroleum-based.
Other prominent vendors
The Dow Chemical Company
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Anti-Microbial Agent
Part 07: Market Segmentation By Base Material Type