Press release
Active Packaging Market size was valued at USD 14.60 Bn in 2022, and is projected to grow by 5.5 Percent from 2023 to 2029, reaching nearly USD 21.23 Bn.
Active Packaging Market
The report provides a comprehensive overview of the Active Packaging Market, including market analysis, trends, and profiles of key players. The research methodology involves analyzing industry reports, company releases, and relevant documents from key participants. The report aims to assist stakeholders in making informed decisions and understanding market dynamics.
Several companies, including Amcor plc, Avery Dennison Corporation, R. Grace and Company, Graham Packaging Company Inc., 3M, Aptar Group Inc., and others, are actively participating in the active packaging market. They focus on mergers and acquisitions, partnerships, and investments to innovate products and maintain sustainability. For instance, Amcor has announced partnerships and acquisitions to expand its product portfolio and meet rising product demands.
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What are Active Packaging Market Dynamics:
Growing awareness of health and wellness among consumers is a significant driving factor for the active packaging market. Active packaging technologies play an important role in preserving the nutritional value and freshness of products, meeting the demand for products that promote well-being. The growing e-commerce industry is also a significant driver for the active packaging market, as online shopping requires packaging that ensures product protection and a positive customer experience during shipping and delivery.
Active Packaging is a mode of packaging that interacts with the package, product, and environment to prolong shelf life, enhance safety, and maintain product quality. The increasing demand for fresh and quality packaged food, consumer convenience, and longer shelf life for food products are driving the Global Active Packaging Market and Smart Packaging technology for the food and beverage industry.The main challenge in the active packaging market is the relatively higher implementation costs compared to traditional packaging methods. The initial investment required for equipment, research and development, and specialized packaging materials can discourage some businesses, particularly small and medium-sized enterprises, from adopting active packaging solutions.
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Active Packaging Market Regional Insights:
North America dominated the active packaging market in 2022, witnessing significant adoption and growth of active packaging technologies. The United States and Canada have seen rising preferences for fresh and organic food products, driving the need for packaging technologies that maintain product freshness and extend shelf life. Additionally, the region's advanced manufacturing infrastructure and technological innovations contribute to the adoption of active packaging.
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What is Active Packaging Market Segmentation:
By Technology:
Gas Scavenger
Antimicrobial Agent
Moisture Absorber
Others
By End User:
Food & Beverages
Pharmaceutical
Electronics and Electrical
Automotive
Agriculture
Personal Care & Cosmetics
Shipping &Logistics
Others
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Who are Active Packaging Market Key Players:
1. Amcor plc.
2. Avery Dennison Corporation
3. R. Grace and Company
4. Graham Packaging Company Inc.
5. 3M
6. Alter Group Inc.
7. Graham Packaging Company
8. BASF
9. WestRock
10. Ball Corporation
11. Sealed Air Corporation
12. Mondi
13. Active Packaging Ltd.
14. Crown Holdings Inc.
15. LINPAC Packaging
Table of content for the Active Packaging Market includes:
1. Global Active Packaging Market: Research Methodology
2. Global Active Packaging Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Active Packaging Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Active Packaging Market Segmentation
• Global Market, by Technology (2022-2029)
• Global Market, by End User (2022-2029)
5. Regional Active Packaging Market (2021-2029)
• Regional Market, by Technology (2022-2029)
• Regional Market, by End User (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Technology and End User
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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