Packaging Additives Market Analysis

  • Report ID: 6671
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Packaging Additives Market Analysis

Type of Additive (Antioxidants, Antimicrobial Agents, Antistatic Agents, UV Stabilizers, Barrier Coatings)

Based on the type of additive, the antioxidants segment is predicted to dominate packaging additives market share of around 33% by the end of 2037. The segment is growing due to its vital role in extending shelf life and maintaining product quality. Antioxidants prevent oxidation, which can spoil packaged foods and beverages by causing off-flavors, discoloration, and nutrient loss. With rising demand for processed and ready-to-eat foods, especially in urban areas, antioxidants help meet consumer expectations for freshness.

For instance, the worldwide demand for ready-to-eat meals is expected to expand by 6.5% between 2024 and 2029, reaching an overall value of USD 0.81 trillion in 2029. Additionally, countries such as Japan have strict food safety regulations that require packaging solutions that effectively preserve food, boosting the adoption of antioxidants. As sustainable packaging grows, antioxidants are also being used in eco-friendly packaging materials to enhance durability and reduce waste, supporting segment growth.

Packaging Material (Plastics, Paper & Paperboard, Metal, Glass)

By packaging material, plastics are expected to hold the majority share in the global packaging additives market due to their versatility, durability, and cost-effectiveness. Plastic packaging is widely used across industries, especially in food and beverages, pharmaceuticals, and personal care, as it provides strong barrier properties that extend product shelf life and preserve freshness. The packaging industry uses about 36% of all polymers manufactured. 

Additionally, the lightweight nature of plastics reduces shipping costs and energy consumption, making them highly favorable for manufacturers. While environmental concerns drive demand for alternatives, ongoing innovations in recyclable and biodegradable plastics continue to strengthen plastic’s dominance in the packaging additives market by addressing sustainability challenges. Hence, the segment is anticipated to register significant during the forecast period.

Our in-depth analysis of the global market includes the following segments:

Type of Additive

  • Antioxidants
  • Antimicrobial Agents
  • Antistatic Agents
  • UV Stabilizers
  • Barrier Coatings
  • Others

Packaging Material

  • Plastics
  • Paper & Paperboard
  • Metal
  • Glass
  • Others

Functionality

  • Preservatives
  • Colorants
  • Flame Retardants
  • Fragrance
  • Others
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Anil


  • Report ID: 6671
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the packaging additives market was over USD 601.3 million.

The market size for the packaging additives market is projected to reach USD 1031.5 million by the end of 2037, expanding at a CAGR of 4.6% during the forecast period i.e., between 2025-2037.

The major players in the market are BASF SE, Clariant AG, Flint Group, Henkel AG & Co. KGaA, Huber Group, and others.

In terms of the packaging materials segment, the plastics segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 34.3% by the end of 2037 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample