Next Generation Packaging Market to Experience Rapid Growth by 2031: Market Research Projections | Amcor plc, Sealed Air, Klöckner Pentaplast

DataM Intelligence has released a new research report on the Next Generation Packaging market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

The Next Generation Packaging Market is anticipated to reach USD 45.8 billion by 2031 from USD 27.4 billion in 2022, at a CAGR of 7.1% during the forecast period (2024-2031).

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Next Generation Packaging refers to innovative packaging solutions designed to enhance product protection, sustainability, and consumer convenience while leveraging advanced technologies. This approach includes the use of smart materials, biodegradable and recyclable components, and active packaging that can interact with the contents to extend shelf life or indicate freshness. Additionally, next generation packaging may incorporate digital technologies, such as QR codes or NFC (Near Field Communication) chips, enabling enhanced consumer engagement and information sharing. These packaging innovations aim to address environmental concerns, improve supply chain efficiency, and enhance the overall user experience across various industries, including food and beverage, pharmaceuticals, and consumer goods.

List of the Key Players in the Next Generation Packaging Market:

Amcor plc, Sealed Air, Klöckner Pentaplast, MicrobeGuard Corporation, TOPPAN INC., BALL CORPORATION, DuPont de Nemours, Inc., R.R. Donnelley & Sons Company, Vesta and Amerplast.

Key Developments:

In 2022, Procter & Gamble (P&G) launched refill pouches for its popular cleaning brands, such as Tide and Swiffer. These flexible pouches can reduce plastic waste by up to 75% compared to traditional rigid plastic bottles.

Research Process:

Both primary and secondary data sources have been used in the global Next Generation Packaging Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Next Generation Packaging Market:

By Type: Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging

By Function: Moisture Control, Temperature Indicators, Shelf-Life Sensing, Product Tracking, Others

By Technology: Scavengers and Susceptors RFID Tags, QR Codes, NFC Tags, Coding & Markings, Sensors & Output Devices, Others

By Material: Plastic, Paper, Corrugated Board, Others

By Application: Food, Beverages, Personal Care, Healthcare, Logistics & Supply Chain, Consumer Electronics, Others

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Next Generation Packaging market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Next Generation Packaging Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Next Generation Packaging market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Next Generation Packaging Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Next Generation Packaging market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Next Generation Packaging market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Next Generation Packaging market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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