The global active packaging market is experiencing significant growth, driven by the increased consumer awareness about the importance of product quality, safety, and sustainability. The rising concerns regarding foodborne contamination and illnesses have also contributed to the emergence of packaging solutions that enhance the safety and integrity of food products. These factors, coupled with the desire to extend shelf-life and ensure product freshness, have fueled the demand for active packaging worldwide.
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The global active packaging market was valued at approximately US$22 billion in 2021, and it is expected to continue to soar in the coming years. The market has witnessed a surge in demand due to the implementation of regulations related to food safety and packaging waste reduction. Advances in packaging materials, smart sensors, and active agents have enabled the development of effective and innovative active packaging solutions, creating revenue opportunities for the market.
One of the key drivers of growth in the active packaging market is the increasing demand for sustainable and long-lasting packaging solutions. Traditional packaging, while providing protection during the supply chain process, lacks interaction between food and packaging. The growing need for sustainable packaging amid environmental concerns has led to the development of innovative packaging solutions. Digital packaging technologies such as RFID tags and smart sensors enable real-time monitoring of product conditions, ensuring optimal product quality and extending the shelf life of perishable goods.
The evolving consumer lifestyle, characterized by an urban population and changing preferences for packaged, frozen, and ready-to-eat food, has also contributed to the growth of the active packaging market. Urban consumers are increasingly seeking highly exotic produce, meat, and healthy food, driving the demand for active packaging solutions that enhance product quality and safety through better monitoring.
However, the market growth of active packaging is not without its challenges. The high raw material prices associated with the production of active packaging solutions have emerged as a major hurdle. Additionally, the growing expenditure on research and development and strict regulations against the use of plastic in convenience shops pose challenges to the market’s growth.
Smart packaging solutions have gained momentum in recent years, offering advantages such as real-time monitoring of product information, including temperature, freshness, and expiration. These solutions incorporate sensors and indicators that provide manufacturers, retailers, and consumers with real-time data on product conditions, ensuring quality and safety.
The food and beverages industry remains a significant contributor to the global active packaging market. The industry benefits from extended shelf-life, enhanced product safety, improved quality, and sustainability goals provided by active packaging solutions.
In terms of regional distribution, North America leads the global active packaging market, driven by the rapid transformation from traditional to smart packaging methods. Europe closely follows as the second-largest market, with increased pharmaceutical and vaccine development driving the need for active packaging solutions.
Key players in the global active packaging market include AptarGroup Inc, Accutech Packaging, 3M, Amcor Ltd., American Thermal Instruments, AIMPLAS Inc, Ampacet Corporation, Amelco Desiccants Inc, BASF SE, Dessicare Inc., Amerplast Ltd, Emerson Electric Co., Avery Dennison, MicrobeGuard Corporation, DuPont, International Paper, R.R. Donnelly & Sons (RRD) Company, Graham Packaging Company, Smartglyph Ltd, Sealed Air Corporation, R. Grace and Company, Smartrac N.V., Temptime Corporation, Stora Enso, and Thin Film Electronics ASA.
Recent notable developments in the market include Amcor PLC’s investment in enhancing thermoforming capabilities in Ireland to drive the growth of its sterile packaging division and Avery Dennison’s strategic collaboration with Wiliot to accelerate the growth of the Internet of Things (IoT) through innovative tag integration.
As the demand for active packaging continues to rise, the market is expected to witness further advancements in technology and increased collaboration between industry players to meet evolving consumer needs for safe, sustainable, and convenient packaging solutions.
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- http://www.4mark.net/story/9828853/active-packaging-market-size-share-type-industry-trends-2030
- https://www.scribd.com/document/658182443/Global-Active-Packaging-Market-to-Experience-Robust-Growth-Fueled-by-Increasing-Consumer-Awareness-and-Demands-for-Product-Safety-and-Sustainability
- https://www.edocr.com/v/abz2n6ra/allencaldwell326/global-active-packaging-market-to-experience-robus
