Global Next Generation Packaging Market Size study, by Packaging Type (Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging) by end use industries (Food & Beverages, Healthcare & Pharmaceuticals, Personal Care, Logistics & Supply Chain, Others (Automotive & Industrial) and Regional Forecasts 2022-2028Global Next Generation Packaging Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Next Generation packaging is 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. Growing food and beverages sector and rapid technological advancements in packaging are key drivers for the growth of Next Generation Packaging market. For instance, in March 2021, Pizza Hut launched augmented reality pizza boxes. The boxes feature QR codes which, when scanned on a smartphone will allow customers to play Pac-Man game. Also in March 2021, White Castle (American regional hamburger restaurant chain) partnered with Coca-Cola (American multinational beverage corporation) to celebrate the White Castles's 100th birthday with a set of collectible cups that come to life via augmented reality (AR). Customers who visit a special microsite in a mobile browser can scan the comic book artwork on the cups with a smartphone camera to see the AR content. Also, in September 2021 StePac has launched recyclable top-seal solutions for trays or containers for packaging of fresh produce. The easy-peel' film structures have been designed by Modified Atmosphere Packaging (MAP) condensation control technology. The built-in modified atmosphere properties help prolong the storage and shelf life of product such as summer fruits, freshly cut fruits and vegetables. Also, with the increasing demand from end use industries and growing e-commerce industry in emerging economies, the adoption & demand for Next Generation Packaging is likely to increase the market growth during the forecast period. However, high costs of Next Generation Packaging solutions impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Next Generation Packaging market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to growing technological advancements and presence of leading players in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing food & beverages industry and rising e-commerce industry in emerging countries of the region would create lucrative growth prospects for the Next Generation Packaging market across Asia-Pacific region.

Major market player included in this report are:
Amcor Limited
WestRock Company (Formerly MeadWestvaco Corporation),
Sonoco Products Company
Sealed Air Corporation
Stora Enso Oyj
Bemis Company, Inc.,
MULTIVAC,
WS Packaging Group, Inc.
Active Packaging Ltd.
ULMA Packaging
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Packaging Type:
Active Packaging
Intelligent Packaging
Modified Atmosphere Packaging
By End Use Industries:
Food & Beverages
Healthcare & Pharmaceuticals
Personal Care
Logistics & Supply Chain
Others (Automotive & Industrial)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Next Generation Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Amcor Limited
WestRock Company (Formerly MeadWestvaco Corporation),
Sonoco Products Company
Sealed Air Corporation
Stora Enso Oyj
Bemis Company, Inc.,
MULTIVAC,
WS Packaging Group, Inc.
Active Packaging Ltd.
ULMA Packaging