Knowledge Sourcing Intelligence announces the publication of a new report on “Active Packaging Market- Forecasts from 2019 to 2024" to their offering.

This report provides forecast and analysis of the active packaging market which is estimated to surge from US$19.019 billion in 2018to US$28.608billion by 2024.

Active Packaging refers to the packaging systems used with foods, pharmaceuticals, and several other types of products. Active packaging helps in increasing shelf life, improves safety, improves convenience, helps in monitoring, the freshness of food, helps in displaying helpful information about the product, etc. The active Packaging market is growing due to an increase in demand for packaged food. Ready to eat food like chopped and packaged fruits and vegetables are employing active packaging to a great extent. Technology advancement in active packaging is making these segments more affordable. Active packaging helps in absorbing odor, gases, dripping liquids, controlling humidity, increasing its application.
The Active Packaging Market is segmented by Packaging Technology, by Application, and geography. Segmentation by packaging technology is by Oxygen Scavengers, moisture controllers, antimicrobial agents, UV Blocking, and others. Segmentation on the basis of Application is by Food & Beverages, Pharmaceutical and Healthcare, Electronics Products, Consumer Care, and Others.
By geography, the Active packaging market has been segmented as Americas, Europe, the Middle East and Africa, and the Asia Pacific. The Americas and Europe market are projected to hold the dominating share in the market due to toearly adoption of these packaging solutions, and a rising number of disease cases is creating the need for efficient packaging solutions that can assist in meeting the requirement of reduced wastage and assist in controlling the disease outbreaks. Asia Pacific region is also projected to hold a good share due to the increasing number of applications across pharmaceutical, electrical and electronics, and consumer care sector, in conjunction with the rapid urbanization and the growing number of working women joining the workforce, is spurring the demand for these solutions over the forecast period.
Some of the major players covered as part of the report BASF, DuPont, Amcor, 3M, Sonoco, WestRock, Bemis, Sealed Air Corporation, Tetra Laval, Reynolds Group Holdings, among others.

This report segmented the Active packaging market on the basis following terms:

• By Packaging Technology
o Oxygen Scavengers
o Moisture Controllers
o Antimicrobial Agents
o UV Blocking
o Others

• By Application
o Food & Beverages
o Pharmaceutical and Healthcare
o Electronic Product
o Consumer Care
o Others

• By Geography
o North America
 United States
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 UK
 Spain
 Others

o Middle East and Africa
 Israel
 Saudi Arabia
 Others

o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

Purchase complete report or request sample: https://www.knowledge-sourcing.com/report/active-packaging-market

Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such
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