Active & Intelligent Packaging Market 2019
Active and Intelligent packaging is a type that finds better integration in food, pharmaceuticals, and other industries where the demand for fresh products is quite high. These type of packaging help in keeping products fresh, extending their shelf life, monitor freshness, provides real-time information regarding safety, creates better opportunity for convenience, and others. This type of packaging is also known as smart packaging. The global market for active and intelligent packaging is all set to score big in the coming years.
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Factors are playing an important role in taking the global market for active and intelligent packaging market ahead. Growing e-commerce activity is pushing the boundary wider by creating a demand for live update of packages, which can be tracked with active and intelligent packaging. The healthcare sector is also gaining much scope due to various cases like organ transplant where constant update is of utmost importance. The pharmaceutical sector can boost the market with its application to transfer drugs to distant corners.
However, the market for active and intelligent packaging can face some hindrances in the shape of its cost. In e-commerce sector, with just a barcode to track live updates, this type of packaging may cost less. But its implementation in healthcare and pharmaceutical industries is quite costly, which can bog down the market a bit. But growing technological influx can curb the cost and make it easily affordable and create better market expansion possibilities.
Segmentation:
The global market for active and intelligent packaging has been simplified in the report as it has made segments of the market for a better understanding. These segments are type and application. Various data on factors are also present in these segments that can impact the global market.
By type, the market for active and intelligent packaging can be segmented into paper, plastic, metal & wood, glass, and others.
By application, the market report on the active and intelligent packaging includes food & beverages, pharmaceuticals, electronics, cosmetics & personal care, and others.
Regional Analysis:
North America can be considered as one of the major regions to have significant growth in the market. The market has various reasons to thrive. High investment capacity, better transportation, sector, enriched technological sector, improved e-commerce sector, and others are expected to make sure that the market growth would be substantial. Europe, on the other hand, would find similar growth prospects in the market with hike in investment for research and development, and better progress in industries like pharmaceuticals and healthcare. The Asia Pacific market is expecting growth due to the massive population who are also significant e-commerce consumers, high investment in pharmaceuticals and healthcare sector to inspire better market growth as well.
Industry News:
In September 2019, Magic Add announced that it can now sent unique IDs to Xeikon digital printers directly using IoP platform. The process would enable Xeickon to secretly print RafMore smart labels and the process would be automatic. The prints will be with unique digital identities that can be read machines only.
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Table of Contents –Analysis of Key Points
1 Active & Intelligent Packaging Market Overview
2 Manufacturers Profiles
3 Global Active & Intelligent Packaging Market Competition, by Players
4 Global Active & Intelligent Packaging Market Size by Regions
5 North America Active & Intelligent Packaging Revenue by Countries
6 Europe Active & Intelligent Packaging Revenue by Countries
7 Asia-Pacific Active & Intelligent Packaging Revenue by Countries
8 South America Active & Intelligent Packaging Revenue by Countries
9 Middle East and Africa Revenue Active & Intelligent Packaging by Countries
10 Global Active & Intelligent Packaging Market Segment by Type
11 Global Active & Intelligent Packaging Market Segment by Application
12 Global Active & Intelligent Packaging Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
List of Tables and Figures
Continued…..
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