Food Packaging Trends in 2020: What does the Future Holds for?

Food packaging is arguably the biggest segment of the packaging sector and accounts for over 1/3 of the total global share. The industry is expected to grow in the coming years as numerous production facilities are being set up to catch up with the latest trends coming up.

Some of the major players in the food packaging market are American Packaging Corporation, Anchor Packaging, Crown Holdings, Inc. and Bemis Company, Inc., among many others.

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Latest Trends in Food Packaging:

Edible Packaging: This is basically food wrapped in food. It removes plastic and paper waste from packaging materials and wraps them in edible items instead.

Smart food Packaging: It refers to the use of ICT technologies as a core part of the packaging. This can imply the use of printed elements, sensors and other devices on the food packaging that consumers can use to gain access to digital content.

Self-heating and cooling packaging: It is an active packaging with the ability to heat and cool food ingredients without external sources of energy.

Bioactive packaging: It is a novel packaging technology that changes the package in a way that can have a positive impact on people's health.

3D Digital Package Decoration: It uses 3D digital printing technology to create high-resolution images on only a fraction of the overhead compared to offset, gravure and flexo printing.

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Key Questions Answered in the Report

1. How much revenue the market is likely to garner over the forecast period?

2. Which product segment is likely to account for maximum share in the market over the assessment period?

3. Which regional segment is anticipated to hold the leading share among all in the market?

4. What are growth strategies adopted by prominent players in the market to maintain their foothold?

5. What are some key developments witnessed in the market?

Reasons for Buying this Report

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It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

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