14th
November 2018: The global Advanced
Packaging Market will
witness high growth in forecast period. The advanced packaging industry adds
miles to business growth because of a robust need to build product esteem and
obtain market viability, equating product shelf-life with the kind of packaging
necessary to address market sentiments in a volatile economy. Market
opportunity and product success always rests on first product look which is
passed on by its natty product exterior and attractive marketing themes giving
first visual impression of the packaged content.
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Furthermore, technological developments with barrier attenuation
and one that merges printed graphics in packaging in order to gain some more
display time on store shelf. Packaged food products are finding wide target
audience with customers and perishable items are being passed for packaged
foods owing to their larger shelf acceptance with users. Aerated drinks and
non-aerated drinks in food and beverages sector has driven growth in advanced
packaging technologies and vendors do not miss any given single chance to bring
about change in product mindset in customer engagement. Trending with relevant
information in packaging environment that resonates from user’s standpoint is
what advanced packaging market is all about fueling growth in advanced
packaging industry.
Segmentation
of Advanced Packaging by type includes active technology, intelligent technology and
modified atmosphere. By geographical region, segmentation includes North
America, Europe, Asia Pacific, MEA and Latin America. The modified atmosphere
packaging segment witnessed large share of packaging market and intelligent
technology packaging segment is expected to bring in market domination by
advanced packaging with factors such as printed packaging and RFID tags
indicating market growth.
A national trigger to environmental pollution and safety regarding
hygiene is making companies shift to advanced packaging solutions. A growing
population is also resulting in growth for advanced packaging industry. Asia
Pacific is traversing a growth curve in advanced packaging market brought into
the picture due to fresh meat, poultry, fish, processed food, ready-to-eat
meals, fruits and vegetables and beer packaging. China, India and New Zealand
reference key markets in advanced packaging industry. The key market players in
advanced packaging market include Desiccare, Freahpoint, LINPAC, Maxwell Chase,
PakSense and Sealed Air.
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