Global Next Generation Packaging Market Growth 2024-2030

Global Next Generation Packaging Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Next Generation Packaging market size was valued at US$ 603.6 million in 2023. With growing demand in downstream market, the Next Generation Packaging is forecast to a readjusted size of US$ 1549.7 million by 2030 with a CAGR of 14.4% during review period.

The research report highlights the growth potential of the global Next Generation Packaging market. Next Generation Packaging are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Next Generation Packaging. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Next Generation Packaging market.

Next generation packaging is an advanced form of packaging technology. It is an aggregation of three types of packaging, namely active packaging (includes antimicrobials, gas scavengers, emitters and others), intelligent packaging (includes sensors, indicators and tags) and modified atmosphere packaging. Next generation packaging offers various advanced benefits such as traceability, product shelf life extension, provides product quality information, etc.

As environmental awareness increases, Next Generation Packaging will pay more attention to sustainable development. Using renewable materials, reducing packaging waste, and increasing packaging recycling rates will become important development directions for the packaging industry in the future.

Key Features:

The report on Next Generation Packaging market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Next Generation Packaging market. It may include historical data, market segmentation by Type (e.g., Active Packaging, Intelligent Packaging), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Next Generation Packaging market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Next Generation Packaging market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Next Generation Packaging industry. This include advancements in Next Generation Packaging technology, Next Generation Packaging new entrants, Next Generation Packaging new investment, and other innovations that are shaping the future of Next Generation Packaging.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Next Generation Packaging market. It includes factors influencing customer ' purchasing decisions, preferences for Next Generation Packaging product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Next Generation Packaging market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Next Generation Packaging market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Next Generation Packaging market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Next Generation Packaging industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Next Generation Packaging market.

Market Segmentation:

Next Generation Packaging market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Active Packaging
Intelligent Packaging
Modified Atmosphere Packaging
Others

Segmentation by application
Food & Beverages
Healthcare & Pharmaceuticals
Personal Care
Logistics & Supply Chain
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amcor
WestRock
Sonoco
Sealed Air
Stora Enso
SIG
MULTIVAC
WS Packaging
Active Packaging
ULMA Packaging
DHL
Brand Group Trading
Nexgen Packaging
Nofima

Key Questions Addressed in this Report

What is the 10-year outlook for the global Next Generation Packaging market?

What factors are driving Next Generation Packaging market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Next Generation Packaging market opportunities vary by end market size?

How does Next Generation Packaging break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.