Press release
Global Antimicrobial Packaging Market Anticipated to Reach USD 11.48 Billion, at a CAGR of 5.2% by 2024| Industry Crucial Players- Mondi Group, LINPAC Packaging, King Plastic Corporation, OPLON, PolyOne Corporation
Research Nester
The global market of antimicrobial packaging was valued at USD 7.65 Billion in 2016 and is anticipated to reach USD 11.48 Billion by the end of 2024 by expanding at a compound annual growth rate of 5.2% during the period 2017-2024. The usage of antimicrobial packaging in preventing the superficial evolution of bacteria and germs in food by using antimicrobial mediator where the large portion of spillage and contamination occurs is driving the growth of the market. Further, the growing demand for confectionary and bakery products is anticipated to benefit the expansion of the antimicrobial packaging market over the forecast period.
In the regional segment, Asia Pacific is anticipated to dominate the overall antimicrobial packaging market over the forecast period which can be attributed to the rising demand for food among people and increasing prevalence of diseases in the region. Further, increase in utilization of antimicrobial packaging is envisioned to drive North America antimicrobial packaging market with fastest growth rate over the forecast period.
Download Sample of This Strategic Report @ https://www.researchnester.com/sample-request-22
Food & Beverages Industry Reflects Significant Opportunities
The antimicrobial packaging market is driving on the back of the consumption of antimicrobial packaging in various end user industries such as healthcare, food & beverages, personal care and others. Food & beverages industry is anticipated to garner more than half the market share as compared to other end-users. Additionally, lack of proper storage, growth in disposable income, increasing communicable diseases through microorganisms in the food combined with rising healthcare and hygiene concerns among people are some of the important factors that are anticipated to supplement the growth of the antimicrobial packaging market by the end of 2024.
However, cost effectiveness in raw material process is likely to inhibit the growth of the antimicrobial packaging market in the near future.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Curious about this latest version of report? Obtain Report Details @ https://www.researchnester.com/reports/antimicrobial-packaging-market-global-demand-analysis-opportunity-outlook-2024/22
This report also provides the existing competitive scenario of some of the key players of the antimicrobial packaging market which includes company profiling of Mondi Group, LINPAC Packaging, BioCote, Dunmore, King Plastic Corporation, OPLON, PolyOne Corporation, Microban, MicrobeGuard Corporation.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the antimicrobial packaging market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Contact Us
AJ Daniel
Email: sales@researchnester.com
U.S. Phone: [+1 646 586 9123]
U.K. Phone: [+44 203 608 591]
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Antimicrobial Packaging Market Anticipated to Reach USD 11.48 Billion, at a CAGR of 5.2% by 2024| Industry Crucial Players- Mondi Group, LINPAC Packaging, King Plastic Corporation, OPLON, PolyOne Corporation here
News-ID: 1896646 • Views: …
More Releases from Research Nester Pvt Ltd
Chemical Fertilizers Market Outlook By Industry Size, Share, Revenue, Regions An …
The chemical fertilizers market has been segmented into macronutrients, micronutrients, application and forms. Based on macronutrients, the market has been segmented into nitrogen based fertilizers, phosphate based fertilizers and potash based fertilizers.
Among these segments, the nitrogen based fertilizers are estimated to dominate the market by holding the largest share of approximately 50%. This can be attributed to the absorption of nitrogen by plants. In 2013, the demand for nitrogen…
Glass Coating Market Overview By Share, Size, Industry Players, Revenue And Prod …
The global glass coating market is segmented by coating type into pyrolytic coating, magnetic sputtering coating and sol-gel coating; by technology into liquid glass coating and nano glass coating; by application into construction, paints & coating, automotive, aviation and others and by regions.
According to Federal Reserve Bank of Chicago represents increase in sales of light vehicle in China by 2.1%, Latin America by 6.2%, Europe by 2.6%, and Rest…
Insect Repellent Market Outlook By Industry Size, Share, Revenue, Regions And To …
The global insect repellent market is segmented by repellent type into coils, liquid vaporizers, sprays/aerosol, mats, cream and oil; by ingredient into natural and synthetic; by sales channel into online and offline and by regions. The insect repellent market is anticipated to mask a CAGR of 8.3% during the forecast period i.e. 2019-2027.
The rising penetration of insect repellents in untapped rural markets across the developing countries as well as…
Waterproofing Chemicals Market 2017 Share Growing Rapidly With Latest Trends, De …
The global waterproofing market is segmented on the basis of type, application and end-use. The market is segmented on the basis of type, it is segmented into Bitumen, PVC, TPO and EPDM. Bitumen leads the product segment in 2017 on the account of superior properties which include high viscosity, resistance to UV light and better binding nature. On the basis of application, it is segmented into Roofing and Walls, Flooring,…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Smart Camera Market || Key Players - Samsung Electronics Co., Canon Inc., Nikon …
Looking at the current market trends as well as the promising demand status of the Smart Camera Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Smart Camera Market. Readers can gather prime facets connected to the target market which includes product, end-use and application;…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
