Active and Intelligent Packaging Market Forecast for Next 5 Years of Various Segments Along With Detailed Analysis of the Market Structure

Market research future published a half cooked research report on the global active & intelligent packaging market. The global active & intelligent packaging market is expected to grow at CAGR of ~6.44% over the forecast period.

Market Highlights:

Active packaging is used to protect against oxygen and moisture. Whereas, the intelligent packaging is used as an internal and external indicator of the information about various aspects such as the history of the package or the quality. It is popular and is likely to revolutionize the packaging industry to the new state over the forecasted period.

Active & intelligent packaging encompasses serialization, nano-technology, RFID, printed electronics, bar-code, and many other technologies. This packaging is used for recollecting the nutritional value and freshness of the product at affordable prices. Easily available sophisticated and advanced transport facilities are expected to drive the global active & intelligent packaging market. Increasing demand for the packaged food and beverages, other goods and the pharmaceuticals industry giving a push to the growth of the market. The supply of frozen foods, meat products, vegetables, and fruits is exceeding opportunity to the regional markets. Resulting the demand for speciality packaging has increased from the last year and is expected to grow in the forecasted period.

Geographically, the market can be segmented on the basis of geography: Asia Pacific, North America, Europe, and Middle East & Africa. North America is the major market in the global active and intelligent packaging technology due to increasing health awareness among the consumers. It holds the largest share of the global active and smart packaging market due to increased demand for sustainable packaging, and stringent regulations.

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Active & intelligent packaging market by application:

Food & Beverage industry has adopted active & intelligent packaging due to some additional functionalities such as prevent food spoilage, enhance product features, such as look, taste, and aroma, along with increased shelf life. Smart packaging devices such as time-temperature indicators, gas sensing devices, microbial growth indicator, freshness indicator, and biosensors have been utilized across the food & beverage packaging and supply chainThis also includes packaging and product information. Food labelling is under the jurisdiction of the FDA, and the relevant Federal laws are the Food, Drug, and Cosmetic Act (FDCA) and the Fair Packaging and Labelling Act. Additionally, the Nutrition Labelling and Education Act (NLEA), which amended the FDCA, requires most foods to carry nutrition labelling and requires food labels that carry nutrient content claims and certain health messages to comply with specific requirements.

Key Players

The key players of global Active & Intelligent Packaging market includes Amcor Limited , Ampacet Corporation (U.S.), Ball Corporation (U.S.), Bemis Company, Inc. (U.S.), Constar International Inc.(U.S.), Crown Holdings Incorporated (U.S.), W.R. Grace and Company (U.S.), Graham Packaging Company Inc.(U.S.), KLOCKNER PENTAPLAST (SUBSIDIARY OF BLACKSTONE GROUP) (U.S.), Landec Corporation (U.K.), Mitsubishi Gas Chemical Company and Rexam plc. (U.K.)

Scope of the report

This study provides an overview of the global active & intelligent packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Active & Intelligent Packaging market by its Technology and region.

By Technology
Oxygen scavengers
Moisture absorbers
Shelf Life Sensing
Temperature Indicators
Others

By Application
Food & beverages
Healthcare
Personal care
Others

By Region
North America
Asia Pacific
Europe
Middle East & Africa

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Product Analysis

• Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information

• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators

Geographic Analysis

• Geographical analysis across 15 countries

Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies

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This release was published on openPR.