Active, Smart and Intelligent Packaging Market Growing at a Rapid Pace

With the retail industry growing at a rapid pace, the need for attractive and advanced is also increasing with every passing day. Due to the ever increasing urban population and changing lifestyle trends, the demand for ready-to-eat, frozen, and packaged is increasing extensively across the globe. The supply of frozen foods, meat products, vegetables, and fruits is surpassing boundaries, thus giving regional markets a global exposure. As a result of this, the demand for specialty packaging has also increased over the last couple of years and is expected to stay the same in the years to come.

Active, smart, and intelligent packaging is used by manufacturers for retaining the nutritional value and freshness of the product within and at really competitive prices. The global trade of active, smart, and intelligent packaging is expected to be relatively driven by the sophisticated and advanced transport facilities available. The demand for active, smart, and intelligent packaging is maximum from the consumer goods, food and beverages, and pharmaceuticals industry keeping in mind the sensitivity of various products and the publicity needed in these industries.

However, the growth of the market is likely to be restrained by the extensively high cost of implementation due to the huge money being invested in the research and development of better products. To address this issue, the key players are focusing on product development with minimum cost incurred and ensured quality.

Global Active, Smart, and Intelligent Packaging Market: Overview

Packaging of a product not only ensures a safe and secure reach to the end-user, they also significantly affect the way the product is presented to the consumers from the marketing perspective. New technologies such as intelligent packaging, active, smart packaging, and modified atmosphere packaging are replacing traditional methods such as canning. Advanced packaging interacts internally (active packaging) as well as externally (intelligent packaging) with the environment and enhances the visual appeal of the products.

Besides this, smart and active packaging also ease the process of bulk transportation. With the technological advancements, innovative packaging alternatives are now available for the manufacturers to innovate their consumer outreach and gain market share. The food industry in particular, which is currently at its peak, is the primary driver in the global active, smart, and intelligent packaging, besides the growing requirement of packaging that can more efficiently control gas and moisture.

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Global Active, Smart, and Intelligent Packaging Market: Trends and Opportunities

Some of the emerging packaging products are advanced time-temperature monitors, antimicrobial packaging, and smartphone-enabled interactive packaging products. Most of these products are anticipated to develop further during the forecast period and pave way for manufacturers to impress their consumers. Due to the escalating demand for packaged food, such as ready-to-cook, from the urban population across the globe, coupled with increasing food safety concerns that is quickly becoming a norm for several industries, the market for active, smart, and intelligent packaging is expected to stay in good stead. This market is also expected to grow on account of increasing need for to retain freshness and nutritional value of the products, at competitive prices.

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Packaging Machinery Market – Company Analysis, SWOT, Marketing Strategy

Technological advancements and the emergence of innovative machinery have contributed extensively towards the development and growth of the global packaging machinery market. Packaging is one of the essential processes before presenting the final product to consumers. Some of the primary applications of packaging machinery are pharmaceuticals, food and beverages, chemicals, and personal care products. With innovations in the market, the application base is expected to expand, resulting in a high demand for packaging machinery across the globe. With these factors, the global market is anticipated to exhibit a healthy growth rate in the forecast period.

The research study offers a detailed analysis of the global packaging machinery market. The growth drivers, current trends, opportunities, and challenges in the global market have been discussed at length in the scope of the study. In addition, the key segmentation, primary application, and the competitive scenario of the global packaging machinery market have been presented in the report to offer a strong understanding to readers and market players. The company profiles, business policies, financial overview, product portfolio, and the recent development have been included in the study.

Global Packaging Machinery Market: Drivers and Restraints

The growing demand for attractive and innovative packaging from the food and beverages industry is one of the important factors expected to fuel the growth of the global packaging machinery market in the next few years. In addition, the growing demand for multipacks, single-serve, and sustainable packaging is projected to accelerate the growth of the overall market. Furthermore, the rising popularity of robotic packaging is expected to contribute substantially towards the development of the global packaging machinery market.

On the flip side, several issues related to the safety and hygiene of machinery parts and the growing focus on energy-efficient packaging machinery are anticipated to restrict the growth of the overall market throughout the forecast period. Nevertheless, the rising focus of companies to offer innovative packaging in order to attract a large number of consumers is predicted to offer lucrative opportunities for the leading players in the global packaging machinery market.

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Global Packaging Machinery Market: Region-wise Outlook

From a geographical perspective, the global packaging machinery market can be classified into Europe, Asia Pacific, North America, and the Rest of the World. As per the research report, North America is expected to witness substantial growth throughout the forecast period and account for a key share of the overall market. The high growth of this region can be attributed to the presence of a large number of players operating in the market.

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Food Packaging Market – Biggest Application Segment of the Packaging Sector

Food packaging market is arguably the biggest application segment of the packaging sector and accounts for over one-third of the total global packaging market. From an international perspective, the market for food packaging is at an intriguing stage where the market has reached at a stagnant point the developed nations while evolving nations are fast catching up to the newer technologies and supply chain management.

Good food packaging offers protection and can improve the shelf-life of products which consequently attracts more number of customers. The market for food packaging is expected to grow in the coming years as numerous production facilities are being set up to catch up with the latest trends coming up in the market. Also, world is experiencing rapid changes in lifestyle and food preferences that are coupled with growing population and economic growth of the respective region. All these factors have been influential in shaping up the global food packaging market. In addition to this, people are preferring processed food as result of shifting population dynamics from rural to urban areas.

With rising awareness about environmental pollution and global warming, more people are not preferring to use eco-friendly food packaging techniques. This has created a significant impact on the growth of the global food packaging market. Moreover, rising disposable incomes of the people around the world, growing demand for ready-to-eat food, and rising awareness about the packaged food among the customers complement the development of the global food packaging market.

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Food packaging market is by far the largest application segment of the packaging industry, accounting for more than one-third of the global packaging market. From a global perspective, the food packaging market is at a very interesting situation, where the market has almost reached a plateau in terms of technology in the more developed nations in North America and Europe, while the emerging countries of Asia Pacific region are playing catch up to the packaging technologies and food supply chain management. Different types of food products require varied packaging types according to their individual usage and perishability.

The sea change in food habits and preference for processed food has propelled the food packaging market in the past. The market for packaged food has already reached a holistic level in North America and Western Europe, while rapid lifestyle changes and economic growth, coupled with rising population in Asia Pacific countries such as China and India, has spiked the growth rate of food packaging in the region. The growth rate in South America and the Middle East is also on the higher side compared to the developed economies.

The main reason for increasing preference for processed food is the shifting population dynamics towards urban centers from rural areas. This has resulted in the advent of dual income urban families, who prefer processed food due to time constraints. Packaged food has evolved from super markets to neighborhood stores in countries such as China, India, Brazil and Thailand among others. The market dynamics in North America and Europe however, is governed by branding activities undertaken by food processing companies.

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Tremendous opportunity exist in the food packaging market in emerging economies as the food packaging technology is in its growth phase in this region. Antimicrobial packaging technique is of particular interest as it helps to improve the shelf life of perishable food products. The market is however, slightly restrained by the declining growth in North America and Europe.

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Multi Depth Corrugated Boxes Market – Business Strategies, Revenue Generation, Market Shares & Latest Development

Multi depth corrugated boxes are similar to that of conventional corrugated boxes, with an added ability of being used for multiple size applications. These boxes are extensively used in packaging of various goods such as foods, beverages, cosmetics, pharmaceuticals, hazardous chemicals and other materials. In recent years, the demand for multi depth corrugated boxes has increased significantly. This can be attributed to immense size flexibility offered by these boxes coupled with the characteristics of corrugated boxes.

These boxes gives the buyer the leverage to use it for various size requirements, thus reducing inventory and optimizing cost management. Multi depth corrugated boxes have high durability and are light weight coupled with offering significant cost benefits to the buyer. Thus, multi depth corrugated boxes are being increasingly used in secondary packaging of goods, across a variegated range of industries. The global multi depth corrugated boxes market is expected to expand with a decent CAGR over the forecast period.

Global Multi Depth Corrugated Boxes Market: Dynamics

Growing concept of corrugated boxes as a point of sale is expected to open opportunities for the growth of the multi depth corrugated boxes market. Rapid industrialization, particularly in emerging economies are expected to drive the sale of multi depth corrugated boxes. Also the innovation in the design of multi depth corrugated boxes has led to its increased demand in packaging of various food & beverage, cosmetic and homecare product, pharmaceutical and others, thus boosting the growth of multi depth corrugated boxes market.

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To meet the growing standards of international quality packaging multi depth corrugated boxes manufacturers across the globe are showing high inclination towards increasing innovation, ensuring quality assurance, modernization by adopting latest technologies, installing high speed automatic machine, and incorporating management system and techniques for efficient operation of plants.

Multi depth corrugated boxes is expected to gain substantial growth in near future owing to increasing demand in packaging among electronics and automotive sector. Multi depth corrugated boxes are gaining wide adoption in shipping of goods, thus further fuelling revenues in the global multi depth corrugated boxes market.

Global Multi Depth Corrugated Boxes Market: Segmentation

The global multi depth corrugated boxes market can be segmented on the basis of board type, application, and region. On the basis of board type global multi depth corrugated boxes market can be segmented into single face, single wall, double wall, and triple wall. On the basis of application global multi depth corrugated boxes market can be segmented into beverage, food, cosmetic and personal care products, pharmaceutical, industrial chemicals, electronics, automotive and others.

Among application type food & beverage is large segment of multi depth corrugated boxes market, however electronic product is ideal for global multi depth corrugated boxes market.  On the basis of region global multi depth corrugated boxes market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East and Africa.

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Global Multi Depth Corrugated Boxes Market: Regional Overview

North America is large market for multi depth corrugated boxes owing to most of the prominent manufacturers being located in the region. The Europe market is highly mature with high market presence of established players. This coupled with sluggish growth in the region is expected to translate into a low CAGR for the Europe multi depth corrugated boxes market. The Asian market for multi depth corrugated boxes is expected to witness rapid growth in near future.

Increasing disposable income and industrialization along with presence of significant consumer base has led to increased investment by companies engaged in manufacturing and distribution of multi depth corrugated boxes in the region. MEA and Latin America are expected to witness moderate growth in multi depth corrugated boxes market over the forecast period.

Global Multi Depth Corrugated Boxes Market: Key Players

The main player of multi depth corrugated boxes market are DS Smith plc, International Paper, MeadWestvaco Corporation, Mondi Group, Nampak Limited, Nine Dragons Paper, Packaging Corporation of America, Smurfit Kappa Group and VPK Packaging Group.

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Anti-Counterfeiting Packaging Market – Key Drivers Supporting Growth through 2024

Counterfeits are unauthorized reproductions of a trademarked brand which are identical to genuine products. Counterfeit goods include clothing, jewelry, medications, cigarettes, electronic equipment and parts among others. Secure packaging is necessary to avoid counterfeit products. Anti-counterfeiting packaging is defined as the process of assigning secure packaging to the product in order to minimize infringement and counterfeiting. The market for counterfeit goods is growing worldwide and companies have to work harder than ever to combat this threat.

Counterfeiting is a major problem in many market sectors, with the pharmaceutical industry most at risk due to illegal and dangerous substance used in counterfeit drugs. Today food and pharmaceutical companies are adopting anti counterfeiting packaging measures to prevent imitation and confirm safety of the goods. In addition, counterfeiting leads to reduced profitability and loss in brand value for the affected company.

Anti-counterfeiting Packaging Market: Segmentation

Anti-counterfeiting technologies followed by companies can be classified as follows: overt, covert, forensic or sterilization. Overt anti-counterfeiting features enable the end users to verify the authenticity of a product. These features are prominently visible and expensive to reproduce. Holograms, optically variable device, color-shifting security inks and films, security graphics, sequential product numbering and on product marking are some of the overt features used by packaging companies. Covert anti-counterfeiting packaging features enable brand owners to identify counterfeited products.

Covert features cannot be detected easily or copied without specialist knowledge. Covert anti-counterfeiting packaging features include Invisible printing, embedded image, digital watermarks, hidden marks and printing, anti-scan design, laser coding, substrates and distinctive odors. Forensic markers are superior technology solutions which require dedicated test kits or laboratory testing to scientifically prove authenticity. These include chemical taggants, DNA taggants, biological taggants, isotope ratios and micro taggants among others.

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Counterfeiting is a prevalent practice in majority of consumer industries. Hence, anti counterfeiting packaging technologies have applications in wide range of industries including food and beverage, entertainment, automotive, pharmaceutical, cosmetics, electronics and apparel among others. Food and beverage industry accounted for majority of the anti-counterfeiting packaging market. However, the pharmaceutical sector is expected to grow fastest among application segment due to high adoption rates of anti-counterfeiting packaging technologies by pharmaceutical industry.

Anti-counterfeiting Packaging Market: Trends and Opportunities

Increasing consumer awareness, new application areas, technological advancements and growing demand for secured packaging are some of the major drivers of this market. In addition, increasing government regulations and emphasis laid on eradicating counterfeit good in emerging and developed economies is set to drive the market. However, high cost involved in implementing anti-counterfeiting packaging technologies and apprehension among the manufacturers about the security features of anti-counterfeiting packaging technology is expected to restrain the growth of this market.

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Corrugated Packaging Industry Is Looking Forward to the Future

Corrugated packaging products combine cushioning with structural rigidity, providing excellent protection to fragile or heavy contents from damage. Their lightweight and clean nature help lower shipping costs. The high-impact graphics possible on corrugated packaging products help enable improved brand awareness, thus helping improved sales. Moreover, corrugated packaging products are made from recycled card board boxes and other waste products from the paper industry. The reprocessing and recycling percentage of corrugated packaging products is also high, making them an environment-friendly packaging option.

The market is expected to witness an excellent upward growth trajectory over the period between 2018 and 2026, chiefly owing to the massive rise in demand for corrugated packaging boxes in the thriving global e-commerce industry. This report gives a forward-looking perspective of the market, and furnishes qualitative as well as quantitative data pertaining to the key segments of the market.

Global Corrugated Packaging Market: Trends and Opportunities

As mentioned above, the thriving global e-commerce industry is expected to emerge as the leading growth driver for the global corrugated packaging market. Owing to features such as low weight, excellent strength, and recyclability, e-commerce companies are increasingly adopting corrugated packaging products for safe product delivery. Moreover, the market has also witnessed a steady rise in adoption from the organized retail sector in the recent past. As the numbers of supermarkets and hypermarkets rise across emerging economies in regions such as Asia Pacific and Latin America, in response to changing consumer lifestyles and rising disposable incomes, the uptake of corrugated packaging products is also expected to surge.

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On the flip side, there are a certain factors that hinder the growth prospects of the market to a certain degree, chief ones being the unsuitability of corrugated material for the packaging of a variety of products and concerns regarding the durability of corrugated packaging products. It is often noted that conventional corrugated packaging products do not withstand harsh indoor and outdoor weather conditions as efficiently as other packaging products, thus posing damage dangers to fragile products or electronic products.

Global Corrugated Packaging Market: Regional Outlook

From a geographical standpoint, the report covers the market for corrugated packaging across regions such as Latin America, Europe, Asia Pacific, North America, and Middle East and Africa. Presently, North America and Asia Pacific are the leading regional markets for corrugated packaging products. While the market in North America will witness steady expansion over the report’s forecast period as well, the market in Asia Pacific is expected to witness a massive surge owing to rising growth opportunities in the region’s thriving e-commerce industry and a rapidly expanding organized retail sector. The market in Middle East and Africa is also expected to expand at a promising rate over the forecast period.

Global Corrugated Packaging Market: Market Players

Some of the leading companies operating in the global corrugated packaging market are DS Smith, U.S Corrugated Inc., Mondi Group, Georgia- Pacific, and Smurfit Kappa Group.

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Zipper Pouch Market – Business Growth, Development Factors, Applications, And Future Prospects

There has been a considerable rise in the number of modern retail setup such as hypermarkets, supermarkets, and convenience shops over the last few years. Global in-store purchases and retail sales are expected to grow significantly in the coming years. The retail industry in Asia Pacific is booming, primarily because of the rising per capita dispensable income coupled with changing lifestyles of customers in the region. This change is consequently expected to fuel the growth of the global zipper pouch market in the coming years. This change in customer lifestyle has raise the dependence on pre-cooked, packed, and processed food, which also marshalled the overall flexible supply chain of packaging to sync the offering of product as per the requirement of the consumer. Increasing customer preference towards using packaging that is flexible and easy to use is projected to drive the market of zipper pouch globally.

Moreover, zipper pouches help in extending the shelf life of products which also is expected to help significantly in developing the market globally. Strict government regulations about the usage of plastics and the low recycling ability of zipper pouches are projected to pose some problems in the development of the global zipper pouch market. However, rising awareness among consumers about the environment preservation and safety and rules and regulations by local government about forcing the local manufacturers to use high norms for safety and quality is expected to drive the development of the global zipper pouch market.

Primary packaging is done to protect and preserve the product from any sort of damage and contamination. Flexible packaging provides all the properties needed for primary packaging such as lightweight, high performance, high barrier, low contamination, and keeps the product completely sealed off from the environment. Zipper pouch – a type of flexible packaging, has a plastic zip on its opening. Zipper pouch is used in industrial and food and beverage applications. It helps to keep the product fresh for a longer period of time.

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Consumers are increasingly inclined towards packaged goods, especially food and beverage products, offering features such as easy opening, portability, reclosability and single-handed use, which is expected to drive the global zipper pouch market. These pouches are available in two types as transparent or semi-transparent. The global zipper pouch market is expected to increase at high pace over the forecast period.

Global Zipper Pouch Market Dynamics:

There has been a significant increase in the number of modern retail format such as supermarkets, hypermarkets and convenience stores over the past few years. Global retail sales and in-store purchases is expected to increase at an impressive CAGR through 2018. The retail sector in Asia Pacific is flourishing, mainly due to changing lifestyle coupled with increasing per capita disposable income of consumers in this region. This in turn, is expected to drive the global zipper market over the forecast period.

Changing consumer lifestyle has increased dependence on processed, pre-cooked and packed foods, which also mobilized the entire flexible packaging supply chain to sync product offering as per end customer requirement Changing consumer preference towards flexible packaging from rigid packaging is anticipated to drive the global zipper pouch market in the near future. In addition to this, the zipper pouches also provide better shelf life to the product which in turn is anticipated to drive the zipper pouch market.

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Government regulation pertaining to the use of plastic is expected to hamper the growth of the plastic zipper pouch. Increasing consumer awareness regarding environmental sustainability and local government regulations are influencing food manufacturers to practice high standards of quality and safety.

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