Global antimicrobial packaging market 2016-2024
According to a new report by Grand View Research, the global antimicrobial packaging market demand was 6.51 million tons in 2015 and is expected to reach 10.09 million tons by 2024, growing at a CAGR of 5.0% from 2016 to 2024. Asia Pacific was the leading regional market, accounting for 33.3% of the global demand in 2015.
Plastics were the leading base material, accounting for 64.8% of total volume in 2015. Biopolymers are expected to witness the highest growth of 6.3% over the forecast period. Food & beverages were the most dominant application segment, accounting for 44.5% of the total market volume in 2015. This segment is also expected to witness the highest growth of 5.3% from 2016 to 2024.
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