Next Generation Packaging Market (By Type – Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging. By Application – Food & Beverages, Healthcare & Pharmaceuticals, Personal Care, Logistics & Supply Chain, Others. By Geography – North America, South America, Europe, Asia Pacific, Middle East and Africa.) - Global industry analysis, size, share, growth, trends and forecast, 2021 – 2031.

The Global Next Generation Packaging Market was $3.8 Bn in 2020, and it is expected to reach $9.91 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 9.04% between 2021-2031. But due to the current COVID-19 pandemic there might be a slight difference in the growth rate in the present year. The increased demand from the consumers to get efficient product packaging that has accelerated the growth of this market. The different advancements in the packaging materials along with the increased need for the sustainable packaging techniques that will further help to accelerate the growth of this market.

Global Next Generation Packaging Market Is Estimated to Witness Remarkable Growth

Source: SAI Research

The Global Next Generation Packaging Market has been segmented into Packaging Type and application. By Packaging Type – Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging. By Application – Food & Beverages, Healthcare & Pharmaceuticals, Personal Care, Logistics & Supply Chain, Others. By Geography – North America, South America, Europe, Asia Pacific, Middle East and Africa.

By Region North America Is Holding the Major Market Share

The Global Next Generation Packaging Market has been geographically segmented into North America, Asia Pacific, South America, Middle East, and Africa region. in addition to this North America Global Next Generation Packaging Market is holding the largest market share at present and is estimated to witness high compound annual growth rate in the upcoming forecasted period. besides this Asia Pacific is going to witness remarkable growth during the forecasted period.

Major Players In Global Next Generation Packaging Market

Some of the major players in the Global Next Generation Packaging Market include WestRock Company, Amcor Plc, Sonoco Products Company, Bemis Company Inc., Stora Enso Oyj, WS Packaging Group Inc., ULMA Packaging, S.Coop, MULTIVAC, Sealed Air and Active Packaging Ltd.

The Global Next Generation Packaging Market Has Been Segmented Into:

Global Next Generation Packaging Market, By Packaging

• Active Packaging
• Antimicrobials
• Gas Scavengers
• Gas Emitters
• Others
• Moisture & Corrosion Controls
• Intelligent Packaging
• Sensors
• Indicators
• Tags
• Modified Atmosphere Packaging (MAP)

Global Next Generation Packaging Market, By Application

• Food & Beverages
• Healthcare & Pharmaceuticals
• Personal Care
• Logistics & Supply Chain
• Others

Global Next Generation Packaging Market, By Region

• North America
• USA
• Canada
• Mexico
• Rest of North America
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• India
• China
• Japan
• South Korea
• Rest of Asia Pacific
• Latin America, Middle East & Africa
• Brazil
• South Africa
• UAE
• Rest of LAMEA