Active Packaging Market- Forecasts From 2019 To 2024
The Global Active Packaging Market was estimated to be worth US$19.019 billion in 2018 and is projected to grow at a CAGR of 7.04% over the forecast period to reach US$28.608 billion by 2024. The growing healthcare industry owing to the sharply rising global population is another major sector that involves high use of packaged goods is leading to a rise in demand for active packaging solutions worldwide. The rising e-commerce industry is one of the major industries involving heavy packaging activities. The tremendous growth of the e-commerce industry is expected to offer multiple opportunities for the active packaging market players in upcoming years. Increasing demand for packaged food and beverage products because of rising obtaining force and expectations for everyday comforts of the buyer is one of the significant drivers of the global active packaging market. Popularity for prepared to-eat-bites and prepared to-prepare dinners requires bundling producers to give packaging solutions that can secure the substance without decaying it. The Asia Pacific region possesses extensive growth opportunities for active packaging solution providers over the next six years.
We have covered all segments of this market in our market research report. We are providing some segments briefly here:
By Packaging Technology
- Oxygen Scavengers
- Moisture Controllers
- Antimicrobial Agents
- UV Blocking
- Others
By Application
- Food
- Beverages
- Pharmaceuticals and Healthcare
- Electronic Products
- Consumer Care
- Others
By Geography
- Americas
- US
- Canada
- Brazil
- Mexico
- Others
Europe Middle East and Africa
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Others
