Active and Intelligent Packaging Market 2022 : Future Growth Prospect, Industry Share And Growing Demand Analysis Till 2027

The Active and Intelligent Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Active and Intelligent Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Active and Intelligent Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Active and Intelligent Packaging market.

The active and intelligent packaging market was valued at USD 17.5 billion in 2020. It is expected to reach a value of USD 25.16 billion by 2026, registering a CAGR of 6.78% during the forecast period 2021-2026.

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Top Leading Companies of Active and Intelligent Packaging Market are - Amcor Ltd, Avery Dennison, Ball Corporation, Coveris Holdings SA, Crown Holdings Inc., Dessicare Inc., Graphic Packaging International LLC, Landec Corporation, Sealed Air Corp, Timestrip UK Ltd, WestRock Company and others.

Industry News and Updates:

- February 2020 - Just months after signing a deal to acquire Smartrac's transponder division, the company announced today the location of its next RFID (Radio Frequency Identification) manufacturing facility, first in Brazil and fifth in the world. The new factory will be located in Vinhedo (SP), opening in 2021. Avery Dennison partners with Impinj and NXP to develop world-class RFID tags and incorporates the latest chip technology into its packaging solutions.

- October 2019 - Amcor Capsules and integrated solutions provider Toppan Printing have teamed up for a new NFC-enabled anti-counterfeiting system for wine and spirits. The new InTact capsule incorporates an NFC tag that detects opening or tampering, to prevent grey-market diversion and fraudulent refilling. The tag is discreetly integrated on the inside of the capsule, which allows alcoholic beverage manufacturers to adopt it without having to make drastic changes to filling and packaging processes.

Key Market Trends:

Food to Account Significant Share

- Every year, approximately one-third of the food the humans produce globally is wasted. According to the UN' Food and Agriculture Organisation, people throw away more than 1.3 billion tonnes of food intended for human consumption every 365 days. That represents more than USD 900 billion in losses and is more than twice in developed countries compared to developing nations. Reportedly, almost every year, consumers in rich countries waste almost as much food (222 million tonnes) as the entire net food production of sub-Saharan Africa (230 million tonnes). All these instances provide the reason for the continual development of smart and intelligent packaging in the food industry to keep its freshness intact.

Asia Pacific is Expected to Witness Significant Growth

- AIPIA China Summit, which was held in July 2019, listed the advantages of active and intelligent packaging technologies for many Chinese manufacturing sectors. The program has been designed to explain China'sChina's needs for smart packaging and how the different technologies can be adapted to offer real value to the packaging sector. In India, some 40% of foodstuffs are wasted before reaching the market; all packaging is done at the processing stage. Most of it traps moisture, which causes the food to deteriorate rapidly, which requires active use and intelligent packaging.

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

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