Active Packaging is Smart Packaging

knowledgesourcing

posted on 4 years ago — updated on 1 second ago

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The global active packaging market is predicted to grow at a CAGR of 6.62% to attain a market size of US$31.924 billion by the end of 2026.

This market was worth US$20.386 billion in the year-end 2019. One of the prime reasons driving the growth in this market is its capability of increasing the shelf-life of the product stored inside the package.

Based on packaging technology, the active packaging market is separated as oxygen scavengers, moisture controllers, antimicrobial agents, UV blocking, and others.

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knowledgesourcing

Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Steered by some of the 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.