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According to a new market research report “Active, Controlled and Intelligent Packaging Market by Packaging Technology ( Active Packaging, Oxygen Scavengers, Moisture Controllers, Antimicrobial Agents, UV Blocking, Others, Intelligent Packaging,RFID Tags, Temperature Indicators, Freshness Indicators, Near Field Communication, Others, Controlled Packaging, Aseptic Packaging, Modified Atmosphere Packaging, Retort Packaging, Others), Application(Food, Beverages, Pharmaceuticals and Healthcare, Electronic Products, Consumer Care, Others),& Geography – Forecasts from 2019 to 2024”
Active, Controlled and Intelligent packaging systems help in protecting the products against hostile environmental conditions, increase their shelf-life and convey necessary information to consumers. The other benefits of these packaging solutions are the improvement in visual appearance, reduce quality deterioration and tracking. The major factors driving the demand for active, controlled and intelligent packaging solutions are: changing consumer preferences, demand for convenience and high-quality food products, regulations regarding food products safety among others. The global active, controlled and intelligent packaging market is estimated to grow from US$51.462 billion in 2018 to US$80.037 billion by 2024, growing at a CAGR of 7.64% over the forecast period.
This report provides a comprehensive analysis of the Active, Controlled and Intelligent Packaging Market. The market size and forecast of the global, regional and various segments has been provided in US$ billion. Under market dynamics section, different drivers, restraints, current trends and opportunities which exist in the market have been discussed with the detailed analysis regarding the same. Market analysis has been provided with the help of Porter’s Five Forces model.
The active, controlled and intelligent packaging market is segmented into 3 segments, further analyzed through sub-segments: by Packaging Technology (Active Packaging (Oxygen Scavengers,Moisture Controllers, Antimicrobial Agents, UV Blocking, Others), Intelligent Packaging(RFID Tags, Temperature Indicators, Freshness Indicators, Near Field Communication, Others), Controlled Packaging(Aseptic Packaging, Modified Atmosphere Packaging, Retort Packaging,Others), Application(Food, Beverages, Pharmaceuticals and Healthcare, Electronic Products, Consumer Care, Others), & Geography (Americas, Europe, Middle East and Africa, Asia Pacific)
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This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
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Major industry players profiled as part of the report are BASF, DowDuPont Inc., Amcor, 3M, Sonoco, WestRock, Bemis, Sealed Air Corporation, Tetra Laval, Reynolds Group Holdings among others.
Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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