The antimicrobial packaging market has been segmented by type into commodity plastic, high performance plastic and engineering plastic. Among these segments, the commodity plastic segment is expected to dominate the antimicrobial packaging market over the forecast period. Growing population and need of germs-free food are the major factors that are driving the growth of the antimicrobial packaging market with robust pace.
The global market of antimicrobial packagingwas 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.