The global advanced packaging market constitutes implementation of advanced technologies and design modifications to packaging solutions in order to enhance the effectiveness of conventional and traditional packaging formats. The global advanced packaging technologies market is segmented primarily as active packaging, smart & intelligent packaging, temperature controlled packaging and modified atmosphere packaging. Packaging companies with large global presence and strong research and development (R&D) capabilities are seeking ways to bring about a revolution in conventional packaging formats in order to improve functionality of packaging solutions, reduce manufacturing cost and promote sustainable processes that support environmental concerns. Advanced packaging solutions are means to offer high business value to business markets in order to support quality management, cost effectiveness, strengthen core competencies and resultantly pass on value to end consumers. Global organizations are streamlining their strategic objectives to match core competencies in order to stay ahead of the overall market. The competitive landscape of the advanced packaging market is characterized by manufacturers offering differentiated products with capabilities to provide bespoke solutions.

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Global Advanced Packaging Market: Market Segmentation

The global Advanced Packaging Market is segmented as per technology type and end user base

As per technology type the advanced packaging market is segmented as follows:

• Active Packaging
• Smart and Intelligent Packaging
• Temperature Controlled Packaging
• Modified Atmosphere Packaging

As per end use the advanced packaging technologies market is segmented as follows:

• Food
  • Meat, Poultry and Seafood
  • Fruits and Vegetables
  • Ready to Eat Foods
  • Dairy Foods
  • Baby Food
  • Pet Food
  • Frozen Foods
  • Cereals
• Beverages
  • Alcoholic Beverages
  • Non Alcoholic Beverages
• Pharmaceuticals
• Industrial & Chemicals
• Agricultural
• Others

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Global Advanced Packaging Market: Market Dynamics

Advanced technologies have evolved in the packaging market to cater to varied packaging applications in different end use industries. However, food and beverages industries have emerged as a key end user base for advanced packaging technologies. Packaging companies have come up with innovative packaging solutions that solve key challenges faced by food and beverages companies.