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Active and Intelligent Packaging Market Latest Innovations, Demand and Business Outlook by 2026

12-10-2021 11:56 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Active and Intelligent Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The active and intelligent packaging market was valued at USD 17.5 billion in 2019, and is expected to reach a value of USD 25.16 billion by 2025, registering a CAGR of 6.78% during the forecast period of 2020-2025.

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Top Leading Companies of Active and Intelligent Packaging Market are BASF SE, Amcor Ltd., Honeywell International Inc., Landec Corporation, Crown Holdings Inc., Ball Corporation, Sonoco Products Company, Graphic Packaging International LLC, Timestrip UK Ltd, Coveris Holdings SA, Sealed Air Corporation, Dessicare Inc., WestRock Company and others.

Key Market Trends:

Food to Account Significant Share

- Food organizations are increasingly embracing sensory marketing, which is a strategy focused on the engaging of multiple senses in the consumer environment, where not only the color or shape, but texture, sound, and even the smell of a pack can influence consumer's purchasing decisions.
- For instance, when Nestle launched Maggi Healthy Soups, it used the new and patented 'granulation-based technology, which retains the freshness of the key ingredients and delivers a multi-sensorial experience.
- The evolution of intelligent packaging systems through the use of sensor technologies, indicators (including freshness, integrity, and time-temperature indicators (TTI)), and radio frequency identification (RFID) has been assessed for potential use in meat and meat products as well.

The United States to Account for Largest Share

- The United States is witnessing a rapid rise in its existing population, primarily due to the work-related migrations into the country. This rising population has directly burdened the food industry and affected the packaging industry. It is home to the busiest markets and forms a major part of the workforce dependent on the frozen foods and packaged food for appetite

Competitive Landscape:

- May 2019 - Amcor Limited and Bemis Company, Inc. announced that regulatory clearance has been received from the US Department of Justice in relation to the combination of the two companies. A condition of this approval is the previously announced sale of certain Amcor assets located in the US to Tekni-Plex, Inc.
- December 2018 - Amcor opened new home care packaging site in India. As part of a seven-year agreement with Unilever signed in 2017, Amcor, the global packaging leader, made a substantial investment to build and equip the state-of-the-art Bharuch plant, at Gujarat, in the Western region of India
- December 2018 - Amcor opened new home care packaging site in India. As part of a seven-year agreement with Unilever signed in 2017, Amcor, the global packaging leader, made a substantial investment to build and equip the state-of-the-art Bharuch plant, at Gujarat, in the Western region of India.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Active and Intelligent Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Active and Intelligent Packaging Market (%),2016 - 2026
- Active and Intelligent Packaging Market Share, By Brand
- Active and Intelligent Packaging Market Share, By Company
- Active and Intelligent Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Active and Intelligent Packaging Market Value Analysis & Forecast
- Promising Active and Intelligent Packaging Development by Major Companies
- Detailed Active and Intelligent Packaging Portfolio of the Major Companies
- Major Deals in the Active and Intelligent Packaging Market
- Major Companies Analysis

Browse Full Report at:  

https://www.marketinsightsreports.com/reports/01091745139/active-and-intelligent-packaging-market-growth-trends-and-forecast-2020-2025?Mode=nm

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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