Global Modified Atmosphere Packaging Market, By Materials (PVC, Ethylene Vinyl Alcohol, PET, PP, PE, OPS, Polyamide), Packaging Gas (Carbon-Dioxide, Oxygen, Nitrogen, Others), Machine (Horizontal & Vertical Flow Packaging, Deep-Drawing, Tray-Sealing, Others), Application (Poultry, Seafood & Meat Products, Bakery & Confectionary, Convenience Food, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Market Analysis: Global Modified Atmosphere Packaging Market
The Global Modified Atmosphere Packaging Market was valued at an estimated USD 10.8 billion in 2017 and it is expected to rise up to USD 14.7 billion by the end of the forecast period (2018-2025), registering a CAGR of 4.0% along the way. The rise in demand for fresh consumer goods has been a reason behind the growth of the market as this method of packaging makes sure that the freshness of the products is maintained throughout the manufacturing to the consumer timeline.
Market Definition: Global Modified Atmosphere Packaging Market
Modified Atmosphere Packaging is the method of packaging the materials/products by replacing the air surrounding the product with a single gas or a mixture of a number of gases. This process is mainly established to maintain the freshness of the product till it reaches the consumer and it also extends the shelf life significantly. It helps in maintaining the nutritional value, and also maintaining the visual and textural integrity of the product. This packaging method helps the product remain its natural original state and therefore, is considered a revolutionary method of packaging.
- Manufacturers and consumer’s demand for hygienic packaging, prolonged shelf-life, convenient packaging is driving the growth of the market
- This packaging helps maintain the original nature of the product making sure the product’s integrity is maintained over a longer period of time till it is ready to consume. This factor is one of the major reasons for the growth of the market
- High cost of machinery required and the maintenance cost required is one of the reasons halting the progress of the market
- Regulations maintained by the different authorities regarding the use of materials and gases in this packaging is also halting the progress
Segmentation: Global Modified Atmosphere Packaging Market
- By Materials
- PVC (Polyvinyl Chloride)
- Ethylene Vinyl Alcohol
- PET (Polyethylene Terephthalate)
- PP (Polypropylene)
- PE (Polyethylene)
- OPS (Oriented Polystyrene)
- By Packaging Gas
- By Machine
- Horizontal & Vertical Flow Packaging Machine
- Deep-Drawing Machine
- Tray-Sealing Machine
- Bag-Sealing Machine
- Vacuum Chamber Machine
- By Application
- Seafood & Meat Products
- Bakery & Confectionary
- Convenience Food
- Fruits & Vegetables
- Dairy Products
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
- North America
Competitive Analysis: Global Modified Atmosphere Packaging Market
The Global Modified Atmosphere Packaging Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Modified Atmosphere Packaging Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In February 2017, Linpac Packaging was acquired by Klöckner Pentaplast, creating a resource efficient modified atmosphere packaging method for perishable consumer goods.
Key Market Competitors: Global Modified Atmosphere Packaging Market
The key players operating in the Global Modified Atmosphere Packaging Market are Klöckner Pentaplast, Filtration Group Corporation, The Linde Group, Berry Global Inc., Barry-Wehmiller Companies, MOCON Europe A/S, Air Products and Chemicals Inc., Amcor Limited, Bemis Company Inc., COVERIS, CVP® Systems LLC., Ilapak, ORICS, Praxair Technology Inc., Reiser, Sealed Air, ULMA Packaging S.Coop., Total Packaging Solutions and Winpak Ltd.
Research Methodology: Global Modified Atmosphere Packaging Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete market analysis and forecasting
- Market definition, understanding the concept of Modified Atmosphere Packaging
- Market drivers and restraints of the industry
- Market segmentations and market share divided amongst them
- Key players in the market and their analysis