Market Overview:
The global next generation packaging market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sustainable and intelligent packaging solutions across different industries. Active packaging is expected to be the fastest-growing segment of the global next generation packaging market during the forecast period, followed by intelligent packaging and modified atmosphere packaging. Food & beverages is expected to be the largest application segment of this market, followed by healthcare & pharmaceuticals and personal care. North America is expected to account for the largest share of this market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Next Generation Packaging is a term used to describe packaging that goes beyond the traditional methods of protecting and transporting goods. Next Generation Packaging can include features such as tamper-proofing, RFID tags, and smart labels. These features allow for increased product security, tracking, and usability. Next Generation Packaging is important because it helps to improve the safety and efficiency of the supply chain while also providing customers with added value.
Active Packaging:
Active packaging is a new term in the industry and has been evolving over the past few years. It refers to a range of techniques that involve using materials or products that enhance or add value to the product being packed. The key driver for this trend is increasing consumer demand for sustainable, green, and ethical products along with growing focus on convenience and functionality in Active Packaging Market (APM).
Intelligent Packaging:
Intelligent packaging is a new term in the industry and has been evolving over the past few years. It is an umbrella term for technology-enabled solutions that enhance consumer experience by providing useful information to consumers through various sensory channels such as sight, sound, touch and smell. Intelligent packaging helps in enhancing product shelf life by maintaining essential properties of food products such as taste & flavor along with extending its durability & reducing wastage during storage and transportation.
Application Insights:
The food & beverage application segment led the global next generation packaging market in 2017. This was attributed to rising demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and bakery products. Next generation packaging solutions are also being increasingly used in the alcoholic drinks industry to provide an eco-friendly alternative while maintaining product quality and safety standards.
The healthcare & pharmaceuticals segment is expected to register a significant CAGR of XX% from 2018 to 2030 owing to factors such as growing investments by companies operating within this sector for research & development activities related innovative new products and services offering better value for money along with improved customer experience. The personal care industry is anticipated witness tremendous growth opportunities due to increasing consumer awareness regarding product benefits along with changing lifestyle trends towards adopting healthy eating habits which has resulted into increased demand for skin care products among other cosmetics offering high potential growth opportunities during the forecast period.
Regional Analysis:
Asia Pacific dominated the global next-generation packaging market in 2016 and is expected to continue its dominance over the forecast period. The growth of e-commerce in this region has resulted in an increased demand for efficient logistics services, which will fuel industry expansion. Furthermore, rising disposable income levels coupled with changing consumer lifestyles are anticipated to promote product usage, thereby driving growth.
Europe accounted for a significant share of revenue and is expected to witness considerable growth over the forecast period owing to increasing R&D investments by pharmaceutical companies as well as government initiatives promoting sustainable packaging practices across various industries including food & beverages and personal care products. In addition, stringent regulations regarding carbon footprints associated with transportation activities are likely to propel manufacturers toward using ecofriendly packaging solutions such as next generation packing techniques that consume less energy during transportation processes or reduce material consumption by 50%.
Growth Factors:
- Increasing demand for lightweight and sustainable packaging solutions
- Rising demand from the e-commerce sector
- Growing popularity of flexible packaging solutions
- Proliferation of new printing technologies and materials
- Emergence of smart packaging solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Next Generation Packaging Market Research Report
By Type
Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging
By Application
Food & Beverages, Healthcare & Pharmaceuticals, Personal Care, Logistics & Supply Chain, Others
By Companies
Amcor, WestRock, Sonoco, Sealed Air, Stora Enso, Amcor, MULTIVAC, WS Packaging, Active Packaging, ULMA Packaging, Amcor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Next Generation Packaging Market Report Segments:
The global Next Generation Packaging market is segmented on the basis of:
Types
Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Healthcare & Pharmaceuticals, Personal Care, Logistics & Supply Chain, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- WestRock
- Sonoco
- Sealed Air
- Stora Enso
- Amcor
- MULTIVAC
- WS Packaging
- Active Packaging
- ULMA Packaging
- Amcor
Highlights of The Next Generation Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Active Packaging
- Intelligent Packaging
- Modified Atmosphere Packaging
- By Application:
- Food & Beverages
- Healthcare & Pharmaceuticals
- Personal Care
- Logistics & Supply Chain
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Next Generation Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Next Generation Packaging is a packaging technology that uses advanced materials and manufacturing processes to create more sustainable, recyclable, and compostable products.
Some of the key players operating in the next generation packaging market are Amcor, WestRock, Sonoco, Sealed Air, Stora Enso, Amcor, MULTIVAC, WS Packaging, Active Packaging, ULMA Packaging, Amcor.
The next generation packaging market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Next Generation Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Next Generation Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Next Generation Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Next Generation Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Next Generation Packaging Market Size & Forecast, 2020-2028
4.5.1 Next Generation Packaging Market Size and Y-o-Y Growth
4.5.2 Next Generation Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Active Packaging
5.2.2 Intelligent Packaging
5.2.3 Modified Atmosphere Packaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Healthcare & Pharmaceuticals
6.2.3 Personal Care
6.2.4 Logistics & Supply Chain
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Next Generation Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Next Generation Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Active Packaging
9.6.2 Intelligent Packaging
9.6.3 Modified Atmosphere Packaging
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Healthcare & Pharmaceuticals
9.10.3 Personal Care
9.10.4 Logistics & Supply Chain
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Active Packaging
10.6.2 Intelligent Packaging
10.6.3 Modified Atmosphere Packaging
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Healthcare & Pharmaceuticals
10.10.3 Personal Care
10.10.4 Logistics & Supply Chain
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Active Packaging
11.6.2 Intelligent Packaging
11.6.3 Modified Atmosphere Packaging
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Healthcare & Pharmaceuticals
11.10.3 Personal Care
11.10.4 Logistics & Supply Chain
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Active Packaging
12.6.2 Intelligent Packaging
12.6.3 Modified Atmosphere Packaging
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Healthcare & Pharmaceuticals
12.10.3 Personal Care
12.10.4 Logistics & Supply Chain
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Active Packaging
13.6.2 Intelligent Packaging
13.6.3 Modified Atmosphere Packaging
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Healthcare & Pharmaceuticals
13.10.3 Personal Care
13.10.4 Logistics & Supply Chain
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Next Generation Packaging Market: Competitive Dashboard
14.2 Global Next Generation Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 WestRock
14.3.3 Sonoco
14.3.4 Sealed Air
14.3.5 Stora Enso
14.3.6 Amcor
14.3.7 MULTIVAC
14.3.8 WS Packaging
14.3.9 Active Packaging
14.3.10 ULMA Packaging
14.3.11 Amcor
