The active, smart and intelligent packaging (advanced packaging) refers to the packaging system used in
pharmaceuticals, food and other products. Advanced packaging is rapidly
replacing the traditional packaging system as it improves the visual
appearance of the products by interacting internally and externally with
the environment.
The global food packaging industry has
witnessed significant growth in the last five years due to rising
urban lifestyles and rising global population. North America is the
largest regional market in the global advanced packaging market
followed by Europe.
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Due to increase in demand for
ready-to-cook meals, quality and fresh packaged food, manufactures’
concern and consumer convenience, the global advanced packaging market
is growing at a significant rate. Increasing testing cost and harmful
effects of packaging materials act as restraints for the growth of the
market. Increasing consumer confidence regarding safety of packaged food
will help to increase the demand for advanced packaging materials in
future.
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Based on technology, the global market
for advanced packaging system is segmented into active packaging,
intelligent packaging, and modified atmosphere technology. Based on
applications, the global market for advanced packaging market is
segmented into meat and poultry food, sea food, soup, confectionaries,
dairy products, ready-to-eat meals and fruits and vegetables. Based on
geography, the market is divided into North America, Europe,
Asia-Pacific and Rest of the World.
Some of the key major players in this
industry include Amcor Ltd, Ball Corp, Bemis, Graham Packaging, Constar
International, Mitsubishi Gas Chemical, Rexam Plc, Sysco Corp, Vip
Packaging and others.
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This research report analyzes
this market depending on its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
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