The report on the Global Smart Packaging Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Smart packaging is a technology that implies to intelligent packaging of consumer and commercial goods. Smart packaging involves techniques which help improve shelf life, maintain the product inside and prevent it from external environment. These packaging are used in the packaging of pharmaceuticals, food, beverages, health care and other end user products. Smart packaging assists consumers to know and sense the product inside packaging materials. Labeling, temperature control, and proper quality description of product are keen feature of smart packaging. Smart packaging also safeguards products from physical damage during shipping and transport.
Several materials like plastic bottles, cardboard cartons, paper and polythene bags and other enclosures are used in smart packaging of products. Global smart packaging market is segmented on the basis of applications as healthcare and pharmaceuticals, food and beverages, automotive and others. Based on technology global smart packaging market is segmented into indicators which include temperature and product quality sensors; tracker that includes RFID and others.
Food and beverages are major application segment empowering the growth of global smart packaging market. In addition, increasing awareness among consumer groups regarding product information, its quality and quantity are significant factors which boost the rapid growth of global smart packaging market. Advanced technology and special features of smart packaging have replaced conventional ways of packaging. This is another remarkable factor to upsurge the growth of smart packaging market. Moreover, smart packaging have ability to maintain the product and its quality for extended time period which is a factor expected to drive this market for the forecast period. High cost of raw materials is a curbing factor restraining the growth of global smart packaging market.
Global smart packaging market is segmented by geography as Asia Pacific, North America, Europe, Latin America and Middle East and Africa.
Key participants in global smart packaging market include:
- BASF SE
- 3M
- Stora Enso OYJ
- PakSense
- Avery Dimension
- Temp Time Corporation
- International Paper
- R.R. Donnelly Sons & Company
- Sealed Air Corporation
- Amcor Limited
- Huhtamaki Group
- Meadwestvaco Corporation
SEGMENTATIONS IN REPORT:
Smart Packaging By Technology
- Indicators
- Temperature And Period
- Product Quality Sensors
- Tracker
Smart Packaging By Application
- Food And Beverages
- Healthcare And Pharmaceuticals
- Automotive
- Others
Smart Packaging By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Smart Packaging Market has been exhibited in detail in the following chapters -
Chapter 1 Smart Packaging Market Preface
Chapter 2 Executive Summary
Chapter 3 Smart Packaging Industry Analysis
Chapter 4 Smart Packaging Market Value Chain Analysis
Chapter 5 Smart Packaging Market Analysis By Technology
Chapter 6 Smart Packaging Market Analysis By Application
Chapter 7 Smart Packaging Market Analysis By Geography
Chapter 8 Competitive Landscape Of Smart Packaging Companies
Chapter 9 Company Profiles Of Smart Packaging Industry
METHODOLOGY:
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.