Moisture Control Agents For Packaging Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Product Type (Desiccants, Humidity Indicators, Moisture Absorbing Films), By Packaging Material (Plastics, Paper & Paperboard, Metal, Others), By Application (Food & Beverage, Pharmaceuticals, Electronics, Industrial), By End-User (Manufacturers, Retailers, Logistics & Transportation) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Moisture Control Agents For Packaging Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Product Type (Desiccants, Humidity Indicators, Moisture Absorbing Films), By Packaging Material (Plastics, Paper & Paperboard, Metal, Others), By Application (Food & Beverage, Pharmaceuticals, Electronics, Industrial), By End-User (Manufacturers, Retailers, Logistics & Transportation) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: February 2024
Report Code: CGNPAC458
Pages: 250

The Global Moisture Control Agents for Packaging Market is expected to expand at a CAGR of 4.8% between 2023 and 2030. The global market for moisture control agents in packaging is vital for maintaining the quality and longevity of different packaged items since it helps prevent moisture-related problems like mold growth, spoiling, and product deterioration. Desiccants, absorbents, or moisture control agents are compounds that are applied separately or integrated into packing materials to absorb excess moisture and maintain ideal humidity levels within packaged goods. This serves to protect a variety of products, such as food and drink, pharmaceuticals, electronics, and industrial goods, against degradation and loss of quality and efficacy. Since it can speed up chemical processes, encourage the growth of microorganisms, and jeopardize the stability and safety of products, moisture poses a constant threat to packaged goods. Effective moisture control is crucial in a variety of businesses because factors including packaging materials, transit and storage conditions, and climatic variables can all contribute to moisture entry or retention. By adsorbing or absorbing moisture vapor from the packaging environment, moisture control agents work to stop moisture-related damage and guarantee product quality all the way through the supply chain.

Moisture Control Agents for Packaging Market Major Driving Forces

Demand for Shelf-Life Extension: Moisture control agents are needed to maintain product integrity and increase shelf life due to consumers' growing preference for fresh, high-quality packaged goods.

Strict Regulatory Requirements: To guarantee adherence to food safety, pharmaceutical, and industrial product requirements, moisture control agents must be used. Strict regulatory standards and quality control systems enforce this requirement.

Growth of Worldwide Supply Chains and E-Commerce: As e-commerce platforms and worldwide supply chains become more prevalent, there is a greater demand for efficient moisture control solutions to safeguard goods while they are being transported and stored in a variety of climates and settings.

Growth of the Food and Beverage Business: As the business grows, there is a greater need for moisture control agents to maintain freshness, texture, and flavor. This is especially true for industries such as snacks, confectionery, and ready-to-eat meals. 

Moisture Control Agents for Packaging Market Key Opportunities

Growth in Emerging Markets: As emerging economies experience increased urbanization, industrialization, and consumer demand, businesses have the chance to enter new markets and increase their footprint in areas where packaging requirements are changing.

Tailored Solutions for Particular Applications: There is an increasing need for specific moisture control solutions that are made to meet the particular needs of various product categories and industries, like electronics, pharmaceuticals, and perishable items.

Innovation in Sustainable Packaging: There is room for the creation of environmentally friendly moisture control agents and packaging materials that reduce their negative effects on the environment, in line with consumer expectations for more environmentally friendly packaging choices and sustainability programs.

Moisture Control Agents For Packaging Market Key Trends

·         For improved moisture management, active and intelligent packaging solutions are being used more often.

·         Increasing need for sustainable and environmentally acceptable moisture control methods.

·         Growth of specialized moisture control solutions made for particular industrial uses.

·         Smart packaging that has integrated moisture sensors and indicators is starting to emerge.

·         Expansion of moisture management elements in packaging options for online sales.

·         Combining useful additives like oxygen scavengers with moisture control agents.

·         In order to make packaging more convenient and user-friendly, move toward single-use formats.

·         Increasing emphasis on moisture control in packaging for pharmaceuticals and healthcare products.

·         Implementing modified atmosphere packaging (MAP) techniques to increase the shelf life of products.

·         There is a growing focus on the real-time monitoring and management of packaging moisture levels.

Market Competition Landscape

In the competitive landscape of the global moisture control agents for packaging market, several key players compete for market share by offering a diverse range of moisture management solutions tailored to the needs of various industries and applications. Established companies such as Clariant AG, BASF SE, and Dow Chemical Company hold significant market positions due to their extensive product portfolios, global presence, and research and development capabilities. These industry leaders leverage their technological expertise and strategic partnerships to offer innovative moisture control agents that address specific packaging challenges, such as humidity regulation, moisture absorption, and preservation of product quality. Additionally, smaller players and startups contribute to the competitive landscape by focusing on niche segments, offering specialized solutions, and fostering innovation in packaging materials and technologies. Collaborations between packaging manufacturers, material suppliers, and end-users further intensify competition, driving advancements in moisture management solutions and enhancing overall market competitiveness. As the demand for moisture-sensitive products continues to rise across industries such as food and beverages, pharmaceuticals, and electronics, competition among market players is expected to remain fierce, with a focus on product differentiation, sustainability, and value-added services. Prominent players in the market include:

·         Clariant AG

·         BASF SE

·         Dow Chemical Company

·         Evonik Industries AG

·         W. R. Grace & Co.

·         Mitsubishi Chemical Corporation

·         Multisorb Technologies

·         CSP Technologies

·         Desiccare Inc.

·         Absortech

·         Sealed Air Corporation

·         PPG Industries Inc.

·         Honeywell International Inc.

·         Arkema Group

·         Süd-Chemie AG

Report Attribute/Metric

Details

Base Year

2022

Forecast Period

2023 – 2030

Historical Data

2018 to 2022

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·         By Product Type (Desiccants, Humidity Indicators, Moisture Absorbing Films)

·         By Packaging Material (Plastics, Paper & Paperboard, Metal, Others)

·         By Application (Food & Beverage, Pharmaceuticals, Electronics, Industrial)

·         By End-User (Manufacturers, Retailers, Logistics & Transportation)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Clariant AG, BASF SE, Dow Chemical Company, Evonik Industries AG, W. R. Grace & Co., Mitsubishi Chemical Corporation, Multisorb Technologies, CSP Technologies, Desiccare Inc., Absortech, Sealed Air Corporation, PPG Industries Inc., Honeywell International Inc., Arkema Group, Süd-Chemie AG

Customization & Pricing

Available on Request (10% Customization is Free)

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