Posts

Showing posts with the label Global Active Smart and Intelligent Packaging Market

Global Active Smart and Intelligent Packaging Market| COVID-19 Analysis, Outlook And Future Scope

In 2016, the  Global Active Smart and Intelligent Packaging market  accounted for USD 15.11 billion. This market is expected to value at USD 23.76 billion at a projected Smart packaging includes active packaging and intelligent packaging; wherein active packaging refers to the packaging functions beyond the inert, passive containment and protection of the product. Intelligent packaging  suitable for inner atmosphere of the package and for shipping. This type of packaging designed for controlling humidity, absorbing odors and maintaining the right concentration of gases and moisture within the packaged products. Innovative forms of active packaging materials release controlled quantities of ethanol into bakery and meat products to control bacterial growth. Active packaging material depends on the type of food it is designed to preserve. Some of the key players in the global active & intelligent packaging market includes Amcor Limited (Australia), Ampacet Corpor...

Global Active Smart and Intelligent Packaging Market envisioned to be worth US $ 253 bn by 2023

Packaging can simplify the storage and conveyance of goods. This simplification plays a significant role in the functioning of various other industries. Active & Intelligent packaging can extend shelf life, display information on quality, improve safety & convenience, and  monitor freshness of consumables. Market Research Future (MRFR) has published a research report on the  global active smart and intelligent packaging market  that envisions expansion for this market between 2016 and 2023. By value, the market has been figured to be worth the US $ 253 bn by the end of the forecast period. The highlighting factor pushing the global active and intelligent packaging market growth is its increasing use in various industries especially pharmaceuticals. The other factors contributing to the market growth include health awareness among consumers, advances in printed electronics, improving the standard of living, and growing consumption of packaged foods. Deman...