| Packaging of a product not only  ensures a safe and secure reach to the end-user, but also significantly affects  the way the product is presented to the consumers from the marketing  perspective. New technologies such as intelligent packaging, active, smart  packaging, and modified atmosphere packaging are replacing traditional methods  such as canning. Advanced packaging interacts internally (active packaging) as  well as externally (intelligent packaging) with the environment and enhances  the visual appeal of the products. Besides this, smart and active packaging  also ease the process of bulk transportation.  With the technological advancements, innovative  packaging alternatives are now available for the manufacturers to innovate  their consumer outreach and gain market share. The food industry in particular,  which is currently at its peak, is the primary driver in the global active,  smart, and intelligent packaging, besides the growing requirement of packaging  that can more efficiently control gas and moisture. As per Transparency Market Research, active  packaging, modified atmosphere, and intelligent packaging technology are of the  technology segments of this market, whereas application segment can include  seafood, meat and poultry, soup, confectionaries, dairy products, and fruits  and vegetables. Some of the emerging  packaging products are advanced time-temperature monitors, antimicrobial  packaging, and smart phone-enabled interactive packaging products. Most of  these products are anticipated to develop further during the forecast period  and pave way for manufacturers to impress their consumers. Due to the  escalating demand for packaged food, such as ready-to-cook, from the urban  population across the globe, coupled with increasing food safety concerns that  is quickly becoming a norm for several industries, the market for active,  smart, and intelligent packaging is expected to stay in good stead. This market  is also expected to grow on account of increasing need for to retain freshness  and nutritional value of the products, at competitive prices.  In particular, the report anticipates intelligent  packaging market to expand faster as products such as time-temperature  indicators and smart labels become common. The report also suggests that active  packaging demand will be driven by the growth in gas scavenger products, which  are benefitting from the development of more advanced technology and growing  preference toward foods with fewer additive.      Currently, the region of North America serves  the maximum demand for active, smart, and intelligent packaging, as far as  geographical segmentation of this is concerned. Owing to factors such as  stringent legislations regarding food and beverage packaging in the  country-wide markets of the U.S., and Canada, the demand from North American  region will sustain during the forecast period. However, the demand from the  region of Asia Pacific which resides several emerging economies, is also  expected to swell considerably in next few years. The key players in this market, such as Amcor Ltd.,  Graham Packaging Company Inc., Landec Corp., Ball Corp., Timestrip Plc, VIP  Packaging, Sealed Air Corp., SYSCO Corp., Mitsubishi Gas Chemical, notice this  requirement as are continuously investing on research and development to gain  ground over their competitors.
 
 As per TMR, ambient food packaging refers to packing a food product in  pasteurised and sterilized packs to increase its shelf life. Ambient food  packing has become a trend in the food packaging industry and ambient food  products are preferred by majority of the consumers over others. Increasing  demand for having more empty space in chill cabinets calls for the adoption of  the food packaging methods that can offer a better shelf life to the product  even without a refrigerator. Demand for sustainable packaging material has  become a new trend in the ambient food packaging industry.      Ambient food packaging bestows extended shelf  life to the food product as compared to the usual packaging methods and, thus,  enables storing the product at room temperature. Additionally, it also makes  use of high barrier sheets, which assure that certain important aspects related  to food storage, such as safety of food stored inside, consumer convenience,  and attractive design, are taken care of. All these supporting factors have led  to the increased demand for ambient food packaging among food manufacturers  globally.  The ambient food  packaging market can be classified on the basis of types of containers used, on  the basis of food, and by packaging material. On the basis of containers used,  the ambient food packaging is segmented into tray, pots, lids, cups, and bowls.  On the basis of food, the ambient food packaging market is segmented into ready  meals, baby foods, soups and sauces, seafood, fruits and vegetables, coffee,  and pet food. On the supply side, major players in the market have started  offering services, such as blow moulding, injection moulding, and  thermoforming, which has been leading to the additional demand for the  packaging type. However, high level of processing required in case of ambient  food packaging ultimately adds to the overall cost of packaging product, which  poses as a potential threat for growth of the global ambient food packaging  market. 
      Main market for ambient food packaging lies in  Asia Pacific, as demand for packaged food is increasing along with the growing  population and rising disposable income levels of consumers in the region. The  Asia Pacific market is anticipated to be followed by North America and Western  Europe, as these markets account for the largest share of canned foods  consumption across the globe. The Western Europe market is expected to be  followed by South America, Eastern Europe, and Middle East & Africa  markets. However, the global ambient food packaging market is still expected to  be dominated by the emerging economies.
 
 As per Smithers  Pira, the global smart packaging market value is forecast to grow during the  five-year period to 2021 at an annual rate of 7.5% to US$7.6 bln. The  global active packaging market value is forecast to grow during the five-year  period to 2021 at an annual rate of 4.9% to US$5.6 bln, while intelligent  packaging is forecast to grow 18% pa to almost US$2 bln. "The high cost of  active and intelligent packaging has always been a factor restraining growth,  particularly since cost-competitiveness  is a key determinant of success in the retail industry. Smart  packaging technology providers are however getting the unit cost of smart tags  and labels down and raising their performance," according to David Platt,  author of the report. Smithers Pira believes intelligent packaging is the dynamic and potentially high-growth market,  with developments in printed electronics, Cloud computing and the Internet of  Things (IoT) driving the adoption of these technologies. Whereas active  packaging is a relatively mature market in comparison, although 'there are good  growth opportunities for several technologies in niche markets.' The growing  consumer concern regarding food waste and food safety is being met by both  active and intelligent components. Active technology can now routinely double  the effective shelf life of many perishable products, while intelligent packs  offer clear signals about the condition of the product, removing the need for  arbitrary ‘best before’ labels.
 Smithers’ research shows that brand owners now want usable products, not just a technology  or component, that adds real value to their brand, rather than short-term  marketing gimmicks. They also want to see active and intelligent  packaging developers working  together, and also collaborating  with design houses and packaging manufacturers, to provide total  finished solutions.
 The Global Smart Packaging  market is accounted for US$27.2 bln in 2014 and is expected to grow at a CAGR  of 6.5% to reach US$45.03 bln by 2022, as per Wise Guy Reports. The  challenge of the market includes High R&D costs and lack of sustainable  E-Packaging products. Advancement in printed technology is the opportunity that  reside the market growth. Limited user awareness, High rate and accessibility  are the restraint factors for Smart Packaging. The key drivers include change  in consumer lifestyle, Food consumption and demand for Smart Packaging.
 The global  smart packaging market is expected to reach US$26.7 bln by  2024, according to a new report by Grand View Research, Inc. Rising need for  smart packaging products owing to increasing usage in the end use industries  such as electronics and automotive on account of its superior protection  properties is expected to fuel the growth over the forecast period. Rising  industrialization in emerging regions including Asia Pacific and the Middle East is expected to drive the industry over  the next eight years. Increasing application scope in the logistics industry  pertaining to the surging use of RFID tags at multiple levels to speed up  locating products, and to improve the availability of real-time information  coupled with the elimination of record loss is expected to drive the demand  over the next eight years. Moreover, rising investment to improve the logistics  industry within emerging economies such as China and India are projected to propel the industry  growth. Active Packaging accounted for over 70% of the market in terms of  revenue on account of superior corrosion and moisture control properties.  Growing use of the product in the automotive sector is likely to drive the  demand over the forecast period. Further  key findings from the report suggest:
 * The global smart packaging industry in terms of revenue was US$10.8 bln in  2015 and is expected to reach US$26.7 bln by  2024, recording a CAGR of 10.6% from 2016 to 2024.
 * NFC (near field communication) is projected to be the fastest growing segment  within intelligent packaging registering a CAGR of over 12% from 2016 to 2024.  Usage of NFC in the telecom industries is rising exponentially. Smartphones  equipped with NFC which can be paired with NFC tags or stickers, programmed by  NFC apps to automate tasks and hence, is likely to fuel the growth of smart  packaging market over the forecast period.
 * Personal care sector is expected to register a CAGR of over 10% from 2016 to  2024 accounting for about 9% of the total market in 2015. Growing demand for  personal care products particularly organic products on account of rising  awareness about various health benefits over their synthetic counterparts is  likely to fuel the industry over the forecast period.
 * Automotive segment held a significant share of over 10% in 2015. The industry  is expected to grow at a CAGR of around 12% from 2016 to 2024. Growing use of  RFID tags in the automotive industry to improve the production efficiency is  expected to drive the demand over the forecast period. Also, rising use of RFID  tags in the automotive industry for asset tracking and supply chain management  is expected to propel the industry growth.
 * Asia Pacific accounted  for a significant share of over 11% in 2015. The ready availability of raw  materials coupled with cheaper manufacturing costs is expected to drive the  growth. The region is also projected to witness growth of over 14% from 2016 to  2024.
 * The industry is moderately fragmented with the presence of a large number of  prominent participants across the globe. Some leading companies operating in  the global market include 3M, BASF, Du Pont, Avery Dennison Corp., Amcor  Limited, Sealed Air Corporation and International Paper. 3M is an American  company involved in product development, manufacturing, and marketing for  businesses including industrial, safety & graphics, electronics &  energy, healthcare, and consumer. The company manufactures a wide range of  products which includes abrasives, maintenance, automotive, materials, films,  hand hygiene, home improvement, components, patient monitoring, personal  safety, signs & displays, filtration, surgical solutions, wire & cable  and tapes & adhesives.
 
 Demand for active and intelligent  packaging in the US is forecast to expand 7.3% pa to US$4 bln in 2019,  according to Freedonia, with intelligent packaging to record the fastest growth  as products such as smart labels and tags become more common.  Intelligent packaging, which incorporates features that indicate status or  communicate product changes and other information, will advance at a  double-digit rate, 11.1% pa to 2019 to a value of US$1.5 bln. ‘Although many of  these products have been seen as unnecessary or cost prohibitive in the past,  the development of technology which allows for low cost production of printed  electronics and the elimination of specialized electronic readers in favor of  smartphones will allow them to enter the mainstream,’ said Freedonia analyst  Katie Wieser. Rapid adoption of tracking-enabled or interactive packaging  components will further be driven by recent legislation in the pharmaceutical  and food markets which requires producers to take steps to make products safer  and easier to recall.
 Active packaging provides functions beyond product protection and  identification, such as moisture control. Active packaging demand is forecast  to grow 5.4% pa to US$2.5 bln in 2019. Demand will be driven by growth in gas  scavenger products which are benefiting from the development of more advanced  technology and the growing preference for foods with fewer additives. Growth in  demand for corrosion control packaging, desiccants, and microwave susceptors  will register more moderate gains due to market maturity. However, according to  the Freedonia report, healthy gains will still be observed as products are  introduced to perform these standard functions more efficiently. For example,  new environmentally friendly corrosion control scavengers have been developed,  and desiccants are now being embedded in bottles or caps to provide moisture  control for pharmaceuticals.
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