Global Next Generation Packaging Market is expected to grow with the CAGR of 6.5% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.
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- Global next generation packaging market is a highly consolidated market, which includes specific number of key players as well as local players.
- The market has witnessed increased strategic developments owing to favorable market scenario.
- The major players dealing in the global next generation packaging market are introducing a wide range of products.
- This is helping the companies to maximize their sales with enhanced product portfolio. For instance, In May 2018, Sealed Air Corporation announced the acquisition of Automated Packaging Systems, Inc. (APS), a leading manufacturer of high-reliability, automated bagging systems for a purchase price of USD 510 million on a cash and debt free basis. This acquisition has helped the company to broaden its geographical presence and serve more customers.
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AVERY DENNISON CORPORATION is the dominating player in the gnext-generationration packaging market. The other key players existing in the market include Amcor plc, Sealed Air, Klöckner Pentaplast, MicrobeGuard Corporation, TOPPAN INC., BALL CORPORATION, DuPont de Nemours, Inc., R.R. Donnelley & Sons Company, Vesta, Amerplast Ltd., MITSUBISHI GAS CHEMICAL, Graham Packaging Company, Active Packaging, American Thermal Instruments, Temptime Corporation, Cortec Packaging and SAES Getters S.p.A. among others.
AVERY DENNISON CORPORATION
AVERY DENNISON CORPORATION is headquartered in California, the U.S. and was founded in 1935. The company’s focus is to provide innovative products and intelligent solutions to customers all over the world. The company provides various brand categories including advertising & promotion, apparel, architecture & building, automotive, consumer packaged goods, durable goods & equipment, and electronics & electrical out of which consumer packaged goods is market focused category.
The company has presence across the globe in Europe, North America, South America, and Asia-Pacific
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DuPont
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DuPont is headquartered in Delaware, the U.S. and was founded in 1802. The company focuses on producing nature based ingredients from orange peel, seaweed, lily pads, and others to fulfil consumers’ needs. It offers product categories including automotive, building & construction, energy, government & public sector, military, law enforcement & emergency response, packaging & printing, and safety & protection and water management out of which packaging & printing is a market focused category.
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Asia-Pacific Next Generation Packaging Market Scope and Market Size
- On the basis of function, the Asia-Pacific next generation packaging is segmented into moisture control, temperature indicators, shelf life sensing, product tracking, and others. In 2022, the moisture control segment is expected to dominate the market as it is the most demanded packaging function to extend the shelf life of the product.
- On the basis of technology, the Asia-Pacific next generation packaging market is segmented into scavengers and susceptors, RFID tags, QR codes, NFC tags, coding & markings, sensors & output devices, and others. In 2022, the scavengers and susceptors segment is expected to dominate the market as it gives easy access of the product to consumers.
- On the basis of material, the Asia-Pacific next generation packaging market is segmented into plastic, paper, glass, corrugated board, metal, and others. In 2022, the plastic segment is expected to dominate the market due its availability of affordability of product for consumer.
- On the basis of application, the Asia-Pacific next generation packaging market is segmented into food, beverages, personal care, healthcare, logistics and supply chain, consumer electronics, and others. In 2022, the food segment is expected to dominate the market as the demand for packed food is increasing all over the world owing to the busy lifestyle of consumers.
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MAJOR TOC OF THE REPORT
https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-next-generation-packaging-market
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Asia-Pacific Next Generation Packaging Market
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