Active & Intelligent Packaging Industry - Dynamics and Growth Pattern
Active & Intelligent Packaging Market was valued at USD 13.1 billion in 2023 and is anticipated to grow at a CAGR of over 6% between 2024 and 2032.
Consumers are looking for products with
longer shelf life without sacrificing quality or freshness. This need is
especially noticeable for perishable items such as food and medicine. This can
be met by active and intelligent packaging solutions, which combine
technologies including temperature-controlled packaging, antimicrobial films,
and oxygen scavengers. These advances contribute to an extended shelf life
while maintaining product integrity by lowering oxidation, microbiological
development, and moisture absorption. Businesses may reduce waste, improve
inventory control, and satisfy customer demands for sustainability,
convenience, and quality by extending the life of their products.
Recent Development
• April
2022, Amcor PLC is investing in a new medical packaging facility in Sligo,
Ireland. This multi-billion dollar investment will further strengthen Amcor's
growth in the sterile packaging industry and provide healthy service to
customers in Europe and North America as well as other food service providers.
• March
2022, Graphic Packaging expands its premium packaging for the beverage
industry. In line with its commitment to sustainable products to support the
circular economy, the company has launched EnviroClip, a low-cost cardboard
clip for plastic rings and wrapping paper used in beverage cans.
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