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Published By: Zion <strong>Marke</strong>t Research<br />
<strong>Next</strong> <strong>Generation</strong> <strong>Packaging</strong> <strong>Marke</strong>t: Global Industry Analysis, Size,<br />
Share, Growth, Trends, and Forecasts 2016–2024<br />
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<strong>Next</strong> <strong>Generation</strong> <strong>Packaging</strong> <strong>Marke</strong>t<br />
Zion <strong>Marke</strong>t Research, the market research group announced the analysis report titled “<strong>Next</strong><br />
<strong>Generation</strong> <strong>Packaging</strong> <strong>Marke</strong>t: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts<br />
2016–2024 "<br />
Rising need for sustainable packaging techniques and advancements in packaging materials has led to<br />
the development of next generation packaging, which is one of the advanced forms of packaging<br />
technology. It offers various advanced benefits such as the extension of product shelf life,<br />
traceability, and availability of product quality information. It is an aggregation of three types of<br />
packaging, which includes intelligent packaging, active packaging, and modified atmosphere<br />
packaging.<br />
The food packaging will have innovations being made that will represent the next generation<br />
packaging. Intelligent packaging in the food will have sensors that are created based on the carbon<br />
nanotechnology, biotechnology, printed electronics, and silicon photonics. The remote and the<br />
nondestructive monitoring will be enabled using the sensor-enabled RFID tags.<br />
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@ https://www.zionmarketresearch.com/sample/nextgenerationpackagingmarket<br />
The global next generation packaging market is segmented into its packaging type, and application.<br />
On the basis of packaging type, the market is divided into intelligent packaging, active packaging,
<strong>Next</strong> <strong>Generation</strong> <strong>Packaging</strong> <strong>Marke</strong>t<br />
and modified atmosphere packaging. Active packaging further includes gas emitters, gas scavengers,<br />
antimicrobials and moisture, and corrosion control. Intelligent packaging further includes tags,<br />
indicators, and sensors. Based on application, the market is segregated into logistics and supply<br />
chain, personal care, healthcare and pharmaceuticals, food and beverages, and others such as the<br />
automotive and industrial segments.<br />
Advancements in packaging material, increase in the geriatric population, and rising need for a<br />
sustainable packaging technique are the driving factors of the next generation packaging market.<br />
Other factors influencing the growth include growing adoption of QR codes on packaging, increasing<br />
research and development spending on packaging technology, and development of advanced sensors<br />
to track the packages during shipment of the products. Demand for next generation packages will be<br />
boosted in the food and beverage segment. However, since these packages have limited commercial<br />
application it will limit the growth of the market.<br />
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@ https://www.zionmarketresearch.com/toc/nextgenerationpackagingmarket<br />
The largest share in the next generation packaging market is held by North America. The U.S. and<br />
Canada are at the forefront of this growth. Following North America in its growth is Europe.<br />
Countries such as Germany, the U.K., France, Italy, Spain, Netherlands, Belgium, and Luxembourg<br />
are the chief contributors to the growth in the European region. Asia Pacific will also be contributing<br />
a significant share to the market growth. The economies in Latin America are undergoing rapid<br />
industrialization, which is anticipated to escalate the demand in the next generation packaging<br />
market.
<strong>Next</strong> <strong>Generation</strong> <strong>Packaging</strong> <strong>Marke</strong>t<br />
Browse the full report<br />
at: https://www.zionmarketresearch.com/report/nextgenerationpackagingmarket<br />
Few of the prominent market players in the global next generation packaging market include<br />
WestRock Company, Amcor Limited, Sonoco Products Company, Bemis Company Inc., Stora Enso<br />
Oyj, WS <strong>Packaging</strong> Group Inc., Multivac, Ulma <strong>Packaging</strong>, Sealed Air Corporation, and Active<br />
<strong>Packaging</strong> Ltd.<br />
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Zion <strong>Marke</strong>t Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT +49-322 210 92714<br />
Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
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