Next Generation Packaging Market Size, Share, Industry, Forecast and outlook (2023-2030)

The next-generation packaging market is booming due to several factors, including the rise of e-commerce, sustainability concerns, technological advancements, and increasing demand for convenience and product integrity.

Examples include biodegradable and compostable materials, smart packaging with QR code-based traceability, active packaging with oxygen scavengers for extended shelf life, and frustration-free packaging for easy opening and reduced waste.

Some of the key trends in next-generation packaging include the use of biodegradable and recyclable materials, the development of active packaging solutions that extend shelf life and improve product safety, and the integration of smart packaging technologies that provide consumers with information about the product and its journey.

Some of the major players in the next-generation packaging market include Amcor plc, Sealed Air, Klöckner Pentaplast, MicrobeGuard Corporation, and TOPPAN INC. These companies are investing in research and development to bring new and innovative packaging solutions to the market.