Packaging Additives Market Report: Trends, Forecast and Competitive Analysis to 2030

Packaging Additives Trends and Forecast

The future of the global packaging additives market looks promising with opportunities in the food & beverage, pharmaceutical & healthcare, and cosmetic & personal care markets. The global packaging additives market is expected to reach an estimated $730.0 million by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increase in packaged food product demand as a result of shifting customer preferences, increasing global demand for aerated drinks and energy drinks, as well as, expansion of the processed food industry.

A more than 150-page report is developed to help in your business decisions.

Packaging Additives by Segment

The study includes a forecast for the global packaging additives by additive type, packaging type, application, and region.

Packaging Additives Market by Additive Type [Shipment Analysis by Value from 2018 to 2030]:

• Antifog Additives
• Antimicrobial Agents
• Antistatic Additives
• Clarifying Agents
• Oxygen Scavengers
• UV Stabilizers

Packaging Additives Market by Packaging Type [Shipment Analysis by Value from 2018 to 2030]:

• Rigid
• Flexible

Packaging Additives Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverages
• Pharmaceuticals & Healthcare
• Cosmetics & Personal Care
• Others

Packaging Additives Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Packaging Additives Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies packaging additives companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaging additives companies profiled in this report include-

• Arkema
• AkzoNobel
• ALTANA
• Colormatrix
• BASF
• Henkel
• Flint
• Lubrizol
• PPG
• Sun Chemical

Packaging Additives

Lucintel forecasts that antifog additive will remain the largest segment over the forecast period because they are non-ionic surfactants that are applied to plastic sheets or films to reduce the production of fog.

APAC will remain the largest region over the forecast period due to high frequency of producers in China, Japan, and India utilizing packaging additives.

Features of the Global Packaging Additives Market

Market Size Estimates: Packaging additives market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Packaging additives market size by additive type, packaging type, application, and region in terms of value ($M).

Regional Analysis: Packaging additives market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different additive type, packaging type, application, and regions for the packaging additives market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaging additives market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the packaging additives market size?

Answer: The global packaging additives market is expected to reach an estimated $730.0 million by 2030.

Q2. What is the growth forecast for packaging additives market?

Answer: The global packaging additives market is expected to grow with a CAGR of 4.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the packaging additives market?

Answer: The major drivers for this market are increase in packaged food product demand as a result of shifting customer preferences, increasing global demand for aerated drinks and energy drinks, as well as, expansion of the processed food industry.

Q4. What are the major segments for packaging additives market?

Answer: The future of the global packaging additives market looks promising with opportunities in the food & beverage, pharmaceutical & healthcare, and cosmetic & personal care markets.

Q5. Who are the key packaging additives market companies?

Answer: Some of the key packaging additives companies are as follows.

• Arkema
• AkzoNobel
• ALTANA
• Colormatrix
• BASF
• Henkel
• Flint
• Lubrizol
• PPG
• Sun Chemical

Q6. Which packaging additives market segment will be the largest in future?

Answer: Lucintel forecasts that antifog additive will remain the largest segment over the forecast period because they are non-ionic surfactants that are applied to plastic sheets or films to reduce the production of fog.

Q7. In packaging additives market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to high frequency of producers in China, Japan, and India utilizing packaging additives.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the packaging additives market by additive type (antifog additives, antimicrobial agents, antistatic additives, clarifying agents, oxygen scavengers, and UV stabilizers), packaging type (rigid and flexible), application (food & beverages, pharmaceuticals & healthcare, cosmetics & personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?