Advanced Packaging Technologies Market 2026 - PowerPoint PPT Presentation

About This Presentation
Title:

Advanced Packaging Technologies Market 2026

Description:

In recent years, the packaging industry has witnessed a tremendous increase in demand for different products due to change in consumer habits and the introduction of new & innovative products embedded with advanced packaging technologies – PowerPoint PPT presentation

Number of Views:16
Slides: 4
Provided by: Revati
Category:
Tags:

less

Transcript and Presenter's Notes

Title: Advanced Packaging Technologies Market 2026


1
The Demand for Oxygen Scavengers Is Expected to
Outgrow Other Products in the Advanced Packaging
Technologies Market In recent years, the
packaging industry has witnessed a tremendous
increase in demand for different products due to
change in consumer habits and the introduction of
new innovative products embedded with advanced
packaging technologies. Companies are investing
heavily in research and development activities
to develop products with distinguishable
characteristics. Consumer inclination towards
convenience products such as packaged food, has
resulted in the development of products with
advanced packaging technologies that offer longer
shelf life through gas absorption and scavenging
systems. Across the globe, active packaging is
gaining traction for food packaging applications
due to its properties that enhance shelf life and
the ability to reflect properties of contained
food on the packaging. Embedding advanced
packaging technologies such as freshness and
temperature indicators on food packaging products
by a large number of brand owners all over the
world, is helping them acquire more customers and
gain a competitive advantage in the packaged
food industry. Leading packaging companies are
collaborating with technology providers to
develop advanced packaging technologies for their
products. Global food and beverages companies
are showing immense interest in adopting
packaging solutions with advanced packaging
technologies. Get Sample Copy https//www.transpa
rencymarketresearch.com/sample/sample.php?flagSr
ep_id26951 Consumers in developed countries are
willing to pay higher for products with advanced
packaging technologies The global demand for
advanced packaging technologies is largely
fulfilled by the manufacturers present in major
countries of Europe and North America regions. It
has been noticed that the consumers in these
regions have shown great interest in the adoption
of products with advanced packaging
technologies. According to TMR, more than 30 of
the consumers are willing to pay a higher cost
for products with the advanced packaging
technologies. Consumer inclination towards
products with smart packaging solutions and
high-barrier properties is creating a wave in the
packaging industry which, in turn, is
responsible for the high growth in the advanced
packaging technologies market. The advanced
packaging technologies market is expected to grow
at a CAGR value of 7.5, during the forecast
period. Advanced packaging technologies help
brand owners differentiate their products at the
point of purchase Innovation and new product
launches in the global advanced packaging
technologies market are the major factors that
are being considered by leading packaging
manufacturers. Brand owners are rethinking their
strategies and planning to launch new products
with advanced packaging technologies. Such
initiatives are responsible for embarking new
products in the advanced packaging technologies
market. Brand owners think that products with
advanced packaging technologies will create
brand differentiation at the point of sale. On
the basis of end use, the advanced packaging
technologies market is segmented into Food,
Beverages, Pharmaceuticals, Industrial
Chemicals, Cosmetics Personal Care,
Agriculture, and Others. Food segment in the
advanced packaging technologies market is further
sub-segmented into Meat, Poultry, and Seafood,
Fruits Vegetables, Ready-to-Eat Meals, Dairy
Foods, Bakery Confectionary, Frozen Foods, and
Cereals.
2
Grab an exclusive PDF Brochure of this
report https//www.transparencymarketresearch.com
/sample/sample.php?flagBrep_id26951 Fast
adoption of advanced packaging technologies is
the major factor responsible for high growth in
the North American market The North American
region accounts for the largest market share in
terms of production of packaging products, with
advanced packaging technologies, in both
categories i.e. active and smart intelligent
packaging. The U.S. is expected to account for
the largest market share in the North American
advanced packaging technologies market. However,
Canada is expected to witness higher CAGR value
of 7.2 during the forecast period. European
region occupies the second spot in the global
advanced packaging technologies market in terms
of both revenue generation and consumption.
Germany and Italy are the main production hubs
for products embedded with advanced packaging
technologies in Europe. Both of these countries
export a large proportion of its production to
the U.S., China, ASEAN, India, Korea, and Japan.
In the Asia-Pacific region, Japan accounts for
the second largest market share due to the high
consumption of the products with advanced
packaging technologies in the country. A large
number of advanced packaging manufacturers have
already established a good presence in the
Japanese market. However, the demand for
advanced packaging technologies in Japan is
increasing but at a slower rate than other
countries in the Asia-Pacific region. Major
technology providers such as EVRYTHNG Limited,
Selinko SA, Digimarc Corporation, Prime Vision
AG, and Waterio Ltd. are collaborating with
packaging companies in the region to develop
products with advanced packaging technologies and
leverage opportunities generated from the high
demand for such packaging solutions in the
region. Request For Customization
https//www.transparencymarketresearch.com/sample/
sample.php?flagCRrep_id26951 Leading packaging
companies are planning to expand their presence
in emerging economies by launching products with
advanced packaging technologies Leading packaging
companies such as Tetrapak and Huhtamaki are also
planning to launch new products with advanced
packaging technologies in the developing
countries of the Asia-Pacific and Latin America
regions. Countries in the MEA region also offer
untapped growth opportunities in the global
advanced packaging technologies market. Some of
the key players in the global advanced packaging
technologies market include PakSense, Inc,
Landec Corporation, Sealed Air Corporation, Bemis
Company, Inc, Crown Holdings, Inc., Amcor
Limited, 3M Company, Timestrip UK Ltd., Cryolog
S.A., Vitsab International AB, Varcode, Ltd., LCR
Hallcrest LLC., Thin Film Electronics ASA, CCL
Industries Inc., Temptime Corporation, Multisorb
Technologies, Inc., Coveris Holdings S.A., and
others. Read Our Latest Press Release https//www
.prnewswire.com/news-releases/scrap-metal-recyclin
g-market-to-emerge-robust- from-headwinds-of-covi
d-19-market-projected-to-expand-at-notable-6-cagr-
from-2020---2030- 301239593.html About
Us Transparency Market Research is a
next-generation market intelligence provider,
offering fact-based solutions to business
leaders, consultants, and strategy professionals.
3
Our reports are single-point solutions for
businesses to grow, evolve, and mature. Our
real-time data collection methods along with
ability to track more than one million high
growth niche products are aligned with your
aims. The detailed and proprietary statistical
models used by our analysts offer insights for
making right decision in the shortest span of
time. For organizations that require specific
but comprehensive information we offer customized
solutions through ad-hoc reports. These requests
are delivered with the perfect combination of
right sense of fact-oriented problem solving
methodologies and leveraging existing data
repositories. Contact Transparency Market
Research State Tower, 90 State Street, Suite
700, Albany NY 12207 United States USA
Canada Toll Free 866-552-3453 Email
sales_at_transparencymarketresearch.com Website
https//www.transparencymarketresearch.com
Write a Comment
User Comments (0)
About PowerShow.com