Press release
Top 10 Active Packaging Market Companies are Amcor, Avery Dennison, Ampacet Corporation, Accutech Packaging, Amelco Desiccants, Graham Packaging, MicrobeGuard, and Others.
The global active packaging market size was valued at USD 15.21 billion in 2023 and is projected to grow from USD 15.95 billion in 2024 to USD 24.74 billion by 2032, exhibiting a CAGR of 5.64% during the forecast period 2024-2032. North America dominated the active packaging market with a market share of 38.66% in 2023. The surge is being driven by the usage of several technologies such as ethanol release, gas emitter, ethylene scavenging, water vapor elimination, carbon dioxide discharge, and others.Fortune Business Insights™ provides this information in its research report, titled "Active Packaging Market Size Report, 2024-2032".
Get a Free Sample Report- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/active-packaging-market-105236
Competitive Landscape:
Key Players Enter into Partnership Agreements to Strengthen Market Foothold
Leading companies are entering into partnership agreements and collaborations for the expansion of their product reach. Some of the additional steps include acquisitions, merger agreements, and the formation of alliances. Other initiatives comprise rising participation in trade conferences and the launch of new products.
List of Key Players Mentioned in the Report:
Amcor Plc (Switzerland)
Avery Dennison (U.S.)
3M (U.S.)
Grace and Company (U.S.)
Ampacet Corporation (Thailand)
Accutech Packaging (U.S.)
AIMPLAS Inc (Spain)
Amelco Desiccants Inc.(Philippines)
BASF SE & DUPONT (Germany)
Graham Packaging Company (U.S.)
Aptar Group Inc (U.S.)
Amerplast Ltd (Finland)
MicrobeGuard Corporation (U.S.)
Active Packaging Market Segments:
Gas Scavenger/Emitter Segment to Gain Traction Owing to Rising Technology Adoption
On the basis of packaging technology, the market is categorized into antimicrobial agent, gas scavenger/emitter, microwave susceptor, moisture absorber, and others. The gas scavenger/emitter segment is expected to record appreciable expansion over the projected period. The rise is due to the increasing popularity of the technology for various purposes.
Food & Beverages Segment to Register Appreciable Growth Due to Surging Demand for Easy-to-use Packaging Solutions
Based on end-user, the market is segmented into food & beverages, shipping & logistics, pharmaceutical, agriculture, electronics and electrical, personal care & cosmetics, automotive, and others. Of these, the food & beverages segment is estimated to register notable growth throughout the forecast period. The surge can be attributed to the increasing usage of active packaging for packaging confectionary, ready-to-eat products, and beverages.
Based on geography, the market for active packaging has been analyzed across North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Get a Quote- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/active-packaging-market-105236
Active Packaging Report Coverage:
The report delves into the vital trends propelling the global business scenario over the forthcoming years. It further provides an insight into the major factors boosting industry expansion over the study period. Some of the additional aspects of the report include the pivotal steps taken by key market participants for the consolidation of their industry position.
Drivers and Restraints:
Market Value to Surge Owing to Changing Lifestyle Across Various Regions
The market growth is being driven by the expanding urban population and changing lifestyle across the globe. This has propelled the demand for prepared, frozen, and packaged foods.
However, the industry expansion may be hampered on account of high costs of production.
Get a More Info- https://www.fortunebusinessinsights.com/active-packaging-market-105236
Regional Active Packaging Market Insights:
North America to Lead Owing to Expanding Packaging Industry in the Region
The North America active packaging market share is expected to register substantial expansion over the projected period. The rise can be attributed to the rapidly increasing packaging industry in the region.
The Europe market is set to grow at a considerable pace over the study period. The surge is driven by the escalating need for active packaging in the region.
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Aluminum Foil Packaging - http://southeast.newschannelnebraska.com/story/51819264/Aluminum-Foil-Packaging
salt market - https://www.openpr.com/news/3732127/revenue-in-the-salt-market-is-projected-to-reach-us-35-84-bn
hempcrete market - https://www.openpr.com/news/3732217/hempcrete-market-size-share-trends-news-latest-research
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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