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Advanced Packaging Technologies Market (Technology Type - Active Packaging, Smart and Intelligent Packaging; End Use - Food, Beverages, Pharmaceuticals, Industrial & Chemicals, Cosmetics & Personal Care, Agriculture, Others) Outlook 2026

01-03-2019 08:54 AM CET | Fashion, Lifestyle, Trends

Press release from: TMR

advanced packaging technologies market
On the basis of end use, the advanced packaging technologies market is segmented into Food, Beverages, Pharmaceuticals, Industrial & Chemicals, Cosmetics & Personal Care, Agriculture, and Others. Food segment in the advanced packaging technologies market is further sub-segmented into Meat, Poultry, and Seafood, Fruits & Vegetables, Ready-to-Eat Meals, Dairy Foods, Bakery & Confectionary, Frozen Foods, and Cereals.

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Fast adoption of advanced packaging technologies is the major factor responsible for high growth in the North American market

The North American region accounts for the largest market share in terms of production of packaging products, with advanced packaging technologies, in both categories i.e. active and smart & intelligent packaging. The U.S. is expected to account for the largest market share in the North American advanced packaging technologies market. However, Canada is expected to witness higher CAGR value of 7.2% during the forecast period. European region occupies the second spot in the global advanced packaging technologies market in terms of both revenue generation and consumption. Germany and Italy are the main production hubs for products embedded with advanced packaging technologies in Europe. Both of these countries export a large proportion of its production to the U.S., China, ASEAN, India, Korea, and Japan. In the Asia-Pacific region, Japan accounts for the second largest market share due to the high consumption of the products with advanced packaging technologies in the country. A large number of advanced packaging manufacturers have already established a good presence in the Japanese market. However, the demand for advanced packaging technologies in Japan is increasing but at a slower rate than other countries in the Asia-Pacific region. Major technology providers such as EVRYTHNG Limited, Selinko SA, Digimarc Corporation, Prime Vision AG, and Waterio Ltd. are collaborating with packaging companies in the region to develop products with advanced packaging technologies and leverage opportunities generated from the high demand for such packaging solutions in the region.

Leading packaging companies are planning to expand their presence in emerging economies by launching products with advanced packaging technologies

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Leading packaging companies such as Tetrapak and Huhtamaki are also planning to launch new products with advanced packaging technologies in the developing countries of the Asia-Pacific and Latin America regions. Countries in the MEA region also offer untapped growth opportunities in the global advanced packaging technologies market.

Some of the key players in the global advanced packaging technologies market include PakSense, Inc, Landec Corporation, Sealed Air Corporation, Bemis Company, Inc, Crown Holdings, Inc., Amcor Limited, 3M Company, Timestrip UK Ltd., Cryolog S.A., Vitsab International AB, Varcode, Ltd., LCR Hallcrest LLC.:, Thin Film Electronics ASA, CCL Industries Inc., Temptime Corporation, Multisorb Technologies, Inc., Coveris Holdings S.A., and others.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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