According to a new report published by Allied Market Research, titled, The Antimicrobial Packaging Market Size was valued at $10.3 billion in 2021, and is estimated to reach $17.9 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Antimicrobial coatings prevent bacterial growth, reducing contamination risks and extending product shelf life by inhibiting pathogens. These coatings are applied to biopolymers or synthetic polymers used in packaging materials like cardboard, plastic, and paperboard.
The expanding healthcare and pharmaceutical sectors, particularly in emerging economies such as China, India, and South Africa, are fueling the growth of the antimicrobial packaging market. Key drivers include advancements in drug formulation and increased R&D efforts. For instance, in March 2022, BERRY GLOBAL, a packaging innovator, partnered with PYLOTE, a mineral chemical supplier, to develop advanced antimicrobial packaging solutions, including a multi-dose eye drop with antibacterial properties. Such innovations are accelerating the market’s growth.
Additionally, rising disposable incomes globally are increasing demand for packaged food, further driving the antimicrobial packaging market. Packaged food safety remains a significant concern, prompting stringent government regulations. To comply, food processing industries are investing heavily in safer packaging solutions, boosting the demand for antimicrobial packaging and supporting market expansion.
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Examples of Acquisitions and Partnerships in the Packaging Market
- Mondi plc Acquires Duino Mill (August 2022)
Mondi plc purchased the Duino mill near Trieste, Italy, from the Burgo Group for €40 million to bolster its packaging division. The mill operates a paper machine producing lightweight coated mechanical paper. Mondi plans to invest approximately €200 million to convert this machine to produce 420,000 tonnes annually of high-quality recycled containerboard. - Confoil and BASF Partnership (June 2022)
Confoil teamed up with BASF to develop a certified compostable, dual-ovenable paper tray for ready-to-eat meal packaging. This collaboration enhances Confoil’s product offerings and expands its customer reach. - Cartro and Mondi Collaboration (May 2020)
Cartro partnered with Mondi Ltd., a key market player, to develop eco-friendly, antimicrobial packaging for fresh and regional products. This collaboration likely increased the market value of sustainable packaging solutions. - Mondi and Handl Tyrol Partnership (September 2022)
Mondi collaborated with Austrian bacon producer Handl Tyrol to create a mono-material polypropylene (PP) high-barrier packaging film with a distinctive ‘wood effect’ design. This solution ensures secure vacuum packaging and reduces food waste by providing excellent product protection. - BASF and StePac Partnership (December 2022)
BASF worked with StePac to develop a contact-sensitive packaging solution for fresh produce preservation, utilizing BASF’s ChemCycling technology to produce Ultramid Ccycled polyamide 6 for StePac’s Xgo Circular series. - Touchguard and DS Smith Partnership (December 2020)
Touchguard and DS Smith joined forces to create a range of cardboard packaging with antimicrobial properties tailored for the e-commerce sector. This partnership strengthens their product portfolios and supports company growth by attracting a broader customer base.
These strategic acquisitions and partnerships drive innovation, enhance product offerings, and contribute to market growth in the packaging industry.
Antimicrobial Packaging Market Segmental Overview
The antimicrobial packaging market is segmented on the basis of material, technology, type, and region.
By material, the market is classifed into paperboard, plastic, biopolymer, and others.
By technology, the market is bifurcated into active release and controlled release.
By type, the market is divided into carton, bags, pouches, and others.
By region: The antimicrobial packaging market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2021, Europe held the highest revenue in antimicrobial packaging market share. And Asia-Pacific is expected to exhibit the highest CAGR during the forecast period.
Key Players:
Takex labo Co.,Ltd, BASF SE, Sciessent LLC, DUNMORE, Microban International, Avient Corporation, BioCote Limited, Klckner Pentaplast Group, Dow, Mondi plc
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KEY FINDINGS OF THE STUDY
- The report provides an extensive analysis of the current and emerging global antimicrobial packaging market share, trends and dynamics.
- Based on material, the plastic segment dominated the market in 2021.
- Based on technology, the active released segment dominated the market in 2021.
- By type, the pouches segment generated the highest revenue in 2021.
- Region-wise, Europe dominated the market in 2021. And LAMEA is anticipated to dominate the global antimicrobial packaging market exhibiting the highest CAGR during the forecast period.
- The report provides an extensive analysis of the global antimicrobial packaging market trends and emerging opportunities of the market.
- The global antimicrobial packaging market forecast analysis from 2021 to 2031 is included in the report.
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