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.
In June 2017, Packaging and labelling equipment manufacturer Ossid, LLC launched the OTS -10 tabletop model for tray sealing applications that allows modified atmosphere packaging for meat products such as pork, chicken, beef and fresh products such as vegetables, and other fresh foods.
Smart and digital packaging technology provide functionality such as hydration reminders, prescription reminders, time and temperature (TTI) alerts, quality and freshness indicators, product information and updates, etc. Advanced packaging technologies have also benefitted industrial, transport and logistics sector apart from consumer packaging markets. Advanced packaging technologies such as temperature controlled containers allow storage and shipment of temperature sensitive products through extensive and complex supply chains in a cost effective way.
Research and development (R&D) conducted by multinational packaging companies in developing innovative packaging solutions is further anticipated to propel the market opportunities generated in the global advanced packaging technologies market.
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Which is the key region for global advanced packaging market?
The global advanced packaging market is geographically segmented into seven key regions including North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan
Which key players are operating in the global advanced packaging market?
Some of the players operating in the global advanced packaging technologies market include Amcor Limited, Ball Corporation, Bemis Company Inc., Graham Packaging Company, Constar International, Sysco Corporation, Sealed Air Corporation, Kuvee, Thermos Llc., Circadian Design, Inc., AdhereTech Inc., MyHydrate, Sonoco Thermosafe, Cold Chain Technologies, and Saeplast Americas Inc.