Packaging Additives Market Briefing 2020: Covid 19 Impact and Recovery

The global Packaging Additives market was valued at USD 4.00 billion in 2016 and is projected to reach USD 6.31 billion by 2025, growing at a CAGR of 5.2% from 2017 to 2025.

The growth in packaging industry is directly influencing the demand for packaging additives. The addition of these additives increases the tensile strength and improves the shelf life of packaging material. The product innovation in the packaging sector is expected to boost market demand for packaging additives over the forecast period.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Shelf life enhancement
1.2 Increasing expenditure on personal care products
2. Market Restraints
2.1 Stringent regulatory norms
2.2 Skin infection fears

Market Segmentation:
The global Packaging Additivesmarketis segmented on the basis ofadditive type, packaging type, application, and region.
1. By Additive Type:
1.1 Antifog additives
1.2 Antimicrobial agents
1.3 Antistatic additives
1.4 Clarifying agents
1.5 Oxygen scavengers
1.6 UV Stabilizers
1.7 Others

2. By Packaging Type:
2.1 Rigid
2.2 Flexible
2.3 Others

3. By Application:
3.1 Food
3.1.1 Fresh Food
3.1.2 Frozen Food
3.1.3 Chilled Food
3.1.4 Baked Goods
3.1.5 Confectionery
3.1.6 Dried Foods
3.1.7 Pet Food
3.1.8 Snack Foods
3.1.9 Others
3.2 Beverages
3.2.1 Cold
3.2.2 Hot
3.3 Pharmaceuticals & Health Care
3.4 Others

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Arkema
2. AkzoNobel NV
3. ALTANA Group
4. Colormatrix Group
6. Henkel
7. Flint Group
8. Lubrizol Corporation
9. PPG Industries Inc.
10. Sun Chemical Corporation
11. Huber Group
12. Wacker Chemie AG
13. Valspar Corporation

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Research study on the Packaging Additivesmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. 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.

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