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Global Logistics November 6, 2019
Summary
Global Active & Intelligent Packaging Market Segments, Share, Growth, Trends: Information By Technology (Oxygen Scavengers, Moisture Absorbers, Shelf Life Sensing, Temperature Indicators, And Others) By Application (Food & Beverages, Healthcare, Personal Care And Others) And Region- Forecast To 2023
Active & Intelligent Packaging Market Overview
According to Market Research Future (MRFR), the global active and intelligent packaging market is poised to touch a valuation of USD 23.76 BN by 2023. MRFR also asserts that the market would register a phenomenal CAGR throughout the forecast period (2017 – 2023). Advances in printed electronics, along the market, are expected to witness remarkable growth.
With the increasing advances in technology, active and intelligent packaging solutions are overshadowing traditional packaging methods. Also, active and intelligent packaging makes bulk transportation easier and cost-effective. Besides, rising innovative packaging alternatives are allowing manufacturers to increase their consumer strength and capture more market share.
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Key Players
Ampacet Corporation (US)
Amcor Limited (Australia)
Ball Corporation (US)
Constar International Inc. (US)
Bemis Company, Inc. (US)
Crown Holdings Incorporated (US)
Graham Packaging Company Inc. (US)
R. Grace and Company (US)
Klockner Pentaplast (US)
Mitsubishi Gas Chemical Company (Japan)
Landec Corporation (UK)
Rexam plc. (UK), among others.
Active and Intelligent Packaging Market -Segmentations
The report is segmented into three key market dynamics to widen the scope of understanding,
By Technology : Oxygen Scavengers, Moisture Absorbers, Shelf Life Sensing, and Temperature Indicators, among others.
By Application : Food & Beverages, Healthcare, and Personal Care, among others.
By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.
Global Active and Intelligent Packaging Market- Competitive Landscape
Highly competitive, the global active and intelligent packaging market appears to be fragmented, characterized by the presence of several well-established players. These players incorporate strategic initiatives such as acquisition, collaboration, expansion, and technology launch to gain a competitive advantage in the market.
Manufacturers operating in the market employ a continuous improvement strategy to analyze and update products. They implement improvements and launch new technologies, meeting the changing needs of consumers. These players are also investing heavily in research and development activities to develop state-of-the-art equipment, facilities, advanced technology, and processes.
Regional Analysis
Well-developed regions such as North America and Europe are estimated to lead the global active and intelligent packaging market throughout the forecast period. Factors, such as the stringent legislation regarding food & beverage packaging and technological advances in the field of active packaging, are encouraging the growth of the markets in these regions.
Moreover, higher disposable income, growing demand for quality packaging with extended shelf-life, and focus on less food wastage are fostering the growth of the regional market. Furthermore, changing lifestyles, increasing trend of nuclear families in these regions, and the demand for the convenience packaging are allowing the active and intelligent packaging market in these regions to grow rapidly.
The Asia Pacific is another promising region for active and intelligent packaging. The burgeoning e-commerce industry in the region is a key factor providing increasingly lucrative opportunities for the packaging industry. The region is projected to experience the fastest growth during the forecasted period due to the improving economic conditions in China and India.
Increasing export of fruits and vegetables alongside, the demand for quality packaging solution that can offer convenience and longer shelf life are providing growth opportunities to the regional market.
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Technology
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continues….
Related News : https://www.marketwatch.com/press-release/intelligent-packaging-market-2019-global-trends-size-share-revenue-target-audience-industry-analysis-by-top-manufacturers-segments-strategies-and-regional-forecast-to-2023-2019-10-21
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