About Active Packaging
Active packaging in packaging technology to protect products for distribution, storage, sale, and others. Active packaging is the incorporation of certain additives into packaging film that helps in maintaining and extending product shelf life. This packaging maintains the benefits of food after processing techniques. It protects the product from the attack from the oxygen, water vapor, ultraviolet light, and other microbiological contaminations. It is highly utilized for increasing food safety, extending the shelf life, reducing the use of food additives, and others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focus on maintaining sustainable development. The players are focusing on securing the leading position in this industry. They are continuously looking for the opportunity to reinforce their competitive advantage. To meet a high market share, and developing socially responsible business companies are identifying various strategic pillars such as mergers & acquisitions, new product launch, product enhancement, and others. Analyst at AMA Research estimates that Germany Vendors will contribute the maximum growth to Global Active Packaging market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bemis (United States), DOW (United States), Wisepac Active Packaging Components (China), BASF Corporation (Germany), Active Packaging (United Kingdom), Robert Bosch (Germany), GEA Group (Germany), Coesia Group (Italy), Ishida (Japan) and Arpac (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Smart Food Packaging Pyt Ltd (Australia), Insignia Technologies (United Kingdom), Emerson (Canada) and Multivac (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Active Packaging market by Type (Sachets and Pads {Sachets, Labels, Films, Coatings} and Directly), Application (Oxygen Scavengers, Carbon Dioxide Generating System, Ethylene Scavengers, Flavour and Odour Releaser, Antioxidants, Antimicrobial Packaging and Others) and Region.
On the basis of geography, the market of Active Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Food & Beverage will boost the Active Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Metal will boost the Active Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Organizations Investment for Promotion, Advertisement, Marketing, Branding and High Adoption for the Antimicrobial Packaging Because Antimicrobial Agents Prevent the Growth of Undesired Micro-Organisms on the Food.
Market Growth Drivers:
Rapid urbanization across the globe has to promote the huge development of the food packaging industry. Food packaging is becoming one of the basic components of the daily lives. With the rising concern towards good packaging, along with growth in the packaging industry which worth near about USD 500 billion, according to the World Packaging Organization. This creates huge growth potential in the future for active packaging.
Challenges:
Not Suitable For Liquid Foods
Restraints:
Increasing Risk of Accidental Ingestion by Consumers
Opportunities:
Rising Consumer Demand for Meat and Other Food Products and Reduction in Packaging Material Cost
Market Leaders and their expansionary development strategies
In Feb 2020, AptarGroup, the global leader of active packaging announced the acquisition of active packaging to strengthening the company’s portfolio with advance design and complete packaging technology resources. Through this, the company enhances the global network and broad product portfolio.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Active Packaging Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.