Title: Smart Packaging Market is Expected to Grow at a Market Value of USD 48.63 Billion by 2027
1Smart Packaging Market is Expected to Grow at a
Market Value of USD 48.63 Billion by 2027
Smart Packaging Market By Type (Active Packaging,
Intelligent Packaging, Interactive Packaging,
Controlled Permeability Packaging, Modified
Atmosphere Packaging), Packaging Technology
(Indicators, Sensors, Data Carriers), Packaging
Functionality (Protection, Containment,
Communication, Convenience), End Use Vertical
(Food, Beverage, Healthcare, Personal Care,
Automotive, Logistics, Others), Country (U.S.,
Canada, Mexico, Brazil, Argentina, Rest of South
America, Germany, France, U.K., Netherlands,
Switzerland, Belgium, Russia, Italy, Spain,
Turkey, Rest of Europe, China, Japan, India,
South Korea, Singapore, Malaysia, Australia,
Thailand, Indonesia, Philippines, Rest of
Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt,
South Africa, Rest of Middle East and Africa),
Industry Trends and Forecast to 2027
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2Market Analysis and Insights
Smart packaging is the collection of advanced
packaging methods and integration of various
innovative technological methods that are
applicable in packaging of contents that are
sensitive in nature and require better
traceability, and solutions that can extend the
overall shelf life of the contents in an
efficient manner. These packaging solutions
enable the consumers to gather greater
information on the quality and freshness of the
contents helping improve the convenience and
safety levels. Increasing demands for
temperature controlled packaging solutions from
the food beverages and pharmaceutical
industries due to their temperature sensitive
contents, high awareness rate amongst the global
population regarding the importance of
maintaining food safety quality and a number of
technologically advanced innovations presented by
the major market players are expected to enhance
the growth potential for smart packaging market
in the forecasted period of 2020 to 2027.
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3Image
4Major Key Players
- Some of the major players operating in this
market are - 3M
- Sealed Air
- Bemis Company, Inc.
- Point Five Packaging, LLC
- Mocon Denmark Holding ApS
- Praxair Technology, Inc.
- Amcor plc
- Avery Dennison Corporation
- R.R. Donnelley Sons Company
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5Market Segmentation
- By Type (Active Packaging, Intelligent Packaging,
Interactive Packaging, Controlled Permeability
Packaging, Modified Atmosphere Packaging) - By Packaging Technology (Indicators, Sensors,
Data Carriers) - By End Use Vertical (Food, Beverage, Healthcare,
Personal Care, Automotive, Logistics, Othersods)
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6Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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