Co2 Indicator Labels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Albany, NY -- (SBWIRE) -- 02/06/2018 -- In keeping with the high standard of packaging, dedicated efforts have been put in the field of packaging, across the world in the last couple of decades. This led to the rise of active, smart, and intelligent packaging technologies. Growing consumer awareness regarding food packaging hygiene initiated a chain reaction, which led to an increase in demand for packaging technologies that could extend the shelf life of the food products. One of the intelligent packaging technologies in use today is – Co2 sensing.
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It is known that one of the strongest indicators of food spoilage is the increase in the level of Co2 gas. This effect is observed especially in Modified Atmosphere Packaging formats. This fuels demand for products such as Co2 indicator levels that efficiently monitor the levels of Co2 in the packaged food, and keep track of the levels throughout the supply chain, until the food reaches the customer. As a result of high efficiency in monitoring the Co2 content in the package, the global Co2 indicator labels market is anticipated to witness steady growth during the forecast period.
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As many countries begin to feel more confident toward investing in advanced packaging technologies, the global Co2 indicator labels market will enjoy a largely positive outlook, over the next decade.The global packaging industry has undergone significant transformation in the last decade, with companies employing new technologies to ensure the safety of the product.
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The global Co2 indicator labels market growth is expected to grow on the backdrop of global intelligent packaging industry growth, which is currently projected to register around 7%-8%. In many regions, such as North America and Western Europe, the need for packaging solutions that extend shelf life of the product has dictated the momentum of packaging innovation. As increase in the level of Co2 is one of the most efficient ways to determine the extent of food spoilage, the demand for Co2 indicator labels is expected to go up, during 2017-2027.