Active Packaging Market - Forecasts from 2018 to 2023
Active Packaging market was estimated to be worth $16.784 billion in 2015 and is projected to grow at a CAGR of 7.38% over the forecast period to reach a total market size of $25.725 billion by 2021. Active packaging is the inclusion of subsidiary constituents in the packaging material to enhance the performance of the package system. Oxygen Scavengers, Moisture Controllers, Antimicrobial Agents, UV Blocking are some of the major active packaging technologies being used for increasing the shelf life of the products and keep them free from contamination.
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry and regional regulations which are determining the product specifications and a brief technological aspect of active packaging solutions. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Active Packaging market has been segmented by packaging technology, application, and geography.
By Packaging Technology
Pharmaceuticals and Healthcare
Europe Middle East and Africa
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are BASF, DuPont, Amcor, 3M, Sonoco and WestRock among others.