Market Overview:
The global desiccant packets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food and pharmaceutical products, and the growing awareness about food safety among consumers. In addition, the increasing use of desiccant packets in other packaging applications is also contributing to the growth of this market. On the basis of type, silica-gel desiccant packs are expected to account for a major share of the global desiccant packets market during the forecast period. This can be attributed to their high absorbency capacity and ability to adsorb moisture quickly.
Product Definition:
A desiccant packet is a small, often resealable package of material used to absorb and/or adsorb moisture. The main purpose of using a desiccant packet is to maintain the quality and freshness of whatever it's being used for by keeping it dry.
Silica-Gel Desiccant:
Silica-gel is a highly porous, hydrophilic polymer with a gel point at about 40°C and is made from silica. It can absorb up to 20 times its weight in water vapor and has excellent mechanical strength. The material is used as an adsorbent for drying various organic compounds including alcohols, ethers, acetone, ketones & others.
Activated Clay:
Activated clay is a highly porous, microporous material that has large surface area and high surface charge. The material consists of positively charged sites (Clay) and negatively charged sites (sulfur). When the clay particles are brought together, they form a network with many small pores that can absorb a lot of water vapor. This property makes it very useful in desiccant packets for absorbing moisture from the air.
Application Insights:
The pharmaceutical application segment led the global desiccant packets market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as high demand for dry ice from countries, such as India, China and Japan due to stringent regulatory requirements regarding drug purity.
Food was the second-largest application segment in 2017 owing to rising use of natural fiber high absorbent desiccant packs for food processing industries across emerging economies including Brazil, South Africa and Indonesia among others. In addition, increasing investments by foreign players are expected to boost product demand over the next seven years especially in packaging solutions that cater specifically towards food applications globally which include frozen foods & beverages industry among others where dry ice is used for maintaining frozen products quality during transportation & storage effectively without any damage caused thereby driving market growth on a positive note over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period, with China accounting for a major share of revenue generation. Rapid industrialization and urbanization have taken place in this region, which has led to an increase in product demand from various end-use industries such as food & beverage, pharmaceuticals and other packaging.
China accounted for a major share of revenue generation owing to rapid industrialization coupled with growth opportunities offered by emerging sectors such as healthcare and food processing industry. In addition, high investments made by Chinese government towards R&D activities are anticipated to fuel industry expansion over the forecast period in this country alone would account for USD X billion investment every year till 2020’s; thus making it one of the most lucrative markets globally during that time frame.
Growth Factors:
- Increasing demand for desiccant packets from the food and beverage industry as a result of stringent regulations on food quality and safety.
- Rising demand for desiccant packets from the pharmaceutical industry to protect sensitive drugs from moisture damage during storage and transportation.
- Growing popularity of desiccant packets among consumers due to their ability to extend the shelf life of products by adsorbing moisture molecules from the surrounding air.
- Proliferation of online retailing, which is providing a convenient platform for consumers to purchase desiccant packets in small quantities at affordable prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Desiccant Packets Market Research Report
By Type
Silica-Gel Desiccant, Activated Clay, Natural Fiber High Absorbent Desiccant Packs, Water Absorbent Resin Desiccant
By Application
Food, Pharmaceutical, Other Packaging
By Companies
IMPAK Corporation, Desiccare, Inc., WidgetCo, Absortech, Interra Global, Sorbead India, GeeJay Chemicals, Solvay, Clariant
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Desiccant Packets Market Report Segments:
The global Desiccant Packets market is segmented on the basis of:
Types
Silica-Gel Desiccant, Activated Clay, Natural Fiber High Absorbent Desiccant Packs, Water Absorbent Resin Desiccant
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Pharmaceutical, Other Packaging
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IMPAK Corporation
- Desiccare, Inc.
- WidgetCo
- Absortech
- Interra Global
- Sorbead India
- GeeJay Chemicals
- Solvay
- Clariant
Highlights of The Desiccant Packets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silica-Gel Desiccant
- Activated Clay
- Natural Fiber High Absorbent Desiccant Packs
- Water Absorbent Resin Desiccant
- By Application:
- Food
- Pharmaceutical
- Other Packaging
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Desiccant Packets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Desiccant packets are a type of packaging that uses a desiccant to help control the moisture levels in an enclosed space. The packets work by absorbing water vapor and then releasing it slowly over time, which helps to reduce the amount of moisture in the air. This can be helpful for products that need to stay dry, such as pharmaceuticals or electronic equipment.
Some of the key players operating in the desiccant packets market are IMPAK Corporation, Desiccare, Inc., WidgetCo, Absortech, Interra Global, Sorbead India, GeeJay Chemicals, Solvay, Clariant.
The desiccant packets market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Desiccant Packets Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Desiccant Packets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Desiccant Packets Market - Supply Chain
4.5. Global Desiccant Packets Market Forecast
4.5.1. Desiccant Packets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Desiccant Packets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Desiccant Packets Market Absolute $ Opportunity
5. Global Desiccant Packets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Desiccant Packets Market Size and Volume Forecast by Type
5.3.1. Silica-Gel Desiccant
5.3.2. Activated Clay
5.3.3. Natural Fiber High Absorbent Desiccant Packs
5.3.4. Water Absorbent Resin Desiccant
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Desiccant Packets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Desiccant Packets Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Pharmaceutical
6.3.3. Other Packaging
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Desiccant Packets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Desiccant Packets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Desiccant Packets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Desiccant Packets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Desiccant Packets Demand Share Forecast, 2019-2026
9. North America Desiccant Packets Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Desiccant Packets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Desiccant Packets Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Pharmaceutical
9.4.3. Other Packaging
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Desiccant Packets Market Size and Volume Forecast by Type
9.7.1. Silica-Gel Desiccant
9.7.2. Activated Clay
9.7.3. Natural Fiber High Absorbent Desiccant Packs
9.7.4. Water Absorbent Resin Desiccant
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Desiccant Packets Demand Share Forecast, 2019-2026
10. Latin America Desiccant Packets Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Desiccant Packets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Desiccant Packets Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Pharmaceutical
10.4.3. Other Packaging
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Desiccant Packets Market Size and Volume Forecast by Type
10.7.1. Silica-Gel Desiccant
10.7.2. Activated Clay
10.7.3. Natural Fiber High Absorbent Desiccant Packs
10.7.4. Water Absorbent Resin Desiccant
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Desiccant Packets Demand Share Forecast, 2019-2026
11. Europe Desiccant Packets Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Desiccant Packets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Desiccant Packets Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Pharmaceutical
11.4.3. Other Packaging
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Desiccant Packets Market Size and Volume Forecast by Type
11.7.1. Silica-Gel Desiccant
11.7.2. Activated Clay
11.7.3. Natural Fiber High Absorbent Desiccant Packs
11.7.4. Water Absorbent Resin Desiccant
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Desiccant Packets Demand Share, 2019-2026
12. Asia Pacific Desiccant Packets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Desiccant Packets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Desiccant Packets Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Pharmaceutical
12.4.3. Other Packaging
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Desiccant Packets Market Size and Volume Forecast by Type
12.7.1. Silica-Gel Desiccant
12.7.2. Activated Clay
12.7.3. Natural Fiber High Absorbent Desiccant Packs
12.7.4. Water Absorbent Resin Desiccant
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Desiccant Packets Demand Share, 2019-2026
13. Middle East & Africa Desiccant Packets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Desiccant Packets Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Desiccant Packets Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Pharmaceutical
13.4.3. Other Packaging
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Desiccant Packets Market Size and Volume Forecast by Type
13.7.1. Silica-Gel Desiccant
13.7.2. Activated Clay
13.7.3. Natural Fiber High Absorbent Desiccant Packs
13.7.4. Water Absorbent Resin Desiccant
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Desiccant Packets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Desiccant Packets Market: Market Share Analysis
14.2. Desiccant Packets Distributors and Customers
14.3. Desiccant Packets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IMPAK Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Desiccare, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. WidgetCo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Absortech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Interra Global
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sorbead India
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GeeJay Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solvay
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Clariant
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook