Advanced Packaging Technologies Market: Recent Industry Developments and Growth Strategies Adopted by Players

Packaging and Printing

Today, it is not enough to merely contain the product for packaging. The expectation of consumers are much more than we think and they are asking that it must be informed, excite, and create an experience. So, how it could be possible. You may curious to know that the future of packaging is here- Yes, almost. Advanced Packaging Technologies have the power to change the face of the packaging industry.

Some of the key players in the global advanced packaging technologies market include PakSense, Inc, Landec Corporation, Sealed Air Corporation, Bemis Company, Inc, Crown Holdings, Inc., Amcor Limited, 3M Company, Timestrip UK Ltd., Cryolog S.A., Vitsab International AB, Varcode, Ltd., LCR Hallcrest LLC.:, Thin Film Electronics ASA, CCL Industries Inc., Temptime Corporation, Multisorb Technologies, Inc., Coveris Holdings S.A., and others.

  • Smart Packaging

Smart Packaging refers to the use of ICT technologies as a core part of the packaging. This can imply the use of printed elements, sensors and IoT in packaging that consumers can use to gain access to digital content.

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  • Robotics

Robots are changing the packaging industry, especially in e-commerce. The features of a robotic arm such as sorting, flexibility, and accuracy made them popular among manufacturers and retailers.

  • Fiber-based Materials

Due to a shift in consumer preference for eco-friendly, lightweight and cost-effective packaging solutions, manufacturers are shifting to plant-based fibers which offers advantages of employing highly automated machines which in turn, substantially reduces labor and packaging costs.

Leading packaging companies are planning to expand their presence in emerging economies by launching products with advanced packaging technologies

Leading packaging companies such as Tetrapak and Huhtamaki are also planning to launch new products with advanced packaging technologies in the developing countries of the Asia-Pacific and Latin America regions. Countries in the MEA region also offer untapped growth opportunities in the global advanced packaging technologies market.

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