Press release
Smart Packaging Market 2018 Global Industry Analysis By Active, Intelligent and MAP Technology | Leading Players - 3M, American Thermal Instruments, Avery Dennison, BASF, International Paper, Huhtamaki and Others
Global Smart Packaging Market – OverviewSmart packaging is a term formed combining both active packaging and intelligent packaging. Although, active packaging technologies in niche markets have good growth opportunities, Active packaging is matured market relatively, in comparison with intelligent packaging. While, intelligent packaging is a developing market and has the potential to be a high growth market.
The Global Smart Packaging Market size is expected to cross USD 40 Billion at CAGR of approximately 5% by 2022.
Recently in 2018 - Henkel and Selinko announced partnership for smart packaging solutions. They announced a collaboration agreement to expand and improve smart and interactive packaging solutions for FMCG market.
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Smart packaging offers many advantages over conventional packaging, such as increased shelf life, reduced counterfeiting, increased safety coupled with low cost, and easy implementation and hence Smart packaging is widely used for various applications such as food & beverages, automotive, healthcare, and personal care. MRFR Research Analyst shares with us the insights while commenting upon this deep diving study report published by Market Research Future, presented through more than 100 market data tables and figures spread over 125 pages.
Global Smart Packaging Market – Key players
The highly competitive Global Smart Packaging market is driven by key players like 3M Company, TempTime Corporation, PakSense Inc., American Thermal Instruments. Other prominent players of the market include - Avery Dennison Corporation, R.R. Donnelly Sons & Company, BASF SE, International Paper, Stora Enso, Huhtamaki Group and Smartrac N.V.
Global Smart Packaging Market – Synopsis & Scenario
The global smart packaging market size is expected to cross USD 40 Billion at CAGR of approximately 5% by 2022. This growth is attributed to the increased awareness about health & safety, increased shelf-life, increasing usage in the automotive industry and rising industrialization. On the basis of application it is widely used in food & beverage, personal care, health care and automotive sectors. Food & beverage and automotive sectors are expected to lead the market by application over the forecasted period. Europe contributes largely to the overall market share.
Global Smart Packaging Market – Segments
For an easy grasp; the Global Smart Packaging Market is segmented in to 3 major dynamics such as - Segmentation on the basis of technologies, Application and Region.
The major types of technologies covered in the report are Active, Intelligent and MAP.
The report also segments the smart packaging market on the basis of several applications, such as food & beverages, healthcare, personal care, automotive, and others.
On the basis of regions, the Global Smart Packaging Market is segmented geographically into the Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).
Smart Packaging Market – Regional Analysis
Asian countries, especially China is expected to grow over the forecasted period due to changing lifestyle and increasing disposable income. However, Europe dominates the market as the European Commission laws favor smart packaging. Moreover, rising investment to improve the logistics industry within emerging economies such as China and India are projected to propel the industry growth.
Global Smart Packaging Market – Intended Audience
Report is advantageous mainly to the following Entities:
• Manufactures
• Raw Materials Suppliers
• Aftermarket supplier
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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Scope Of Report
The report for Global Smart Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents :
1 Introduction
1.1 Definition
1.2 Scope of the Study
1.3 Assumptions
1.4 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Dynamics
3.1 Drivers, Restraints and Trends of Global Smart Packaging Market
3.2 Drivers
3.2.1 Increased demand from food & beverage industry
3.2.2 Growing demand from pharmaceutical industry
3.2.3 Increased government policies regarding food safety
3.3 Restraints
3.3.1 High added cost of products
3.3.2 Lack of willingness from consumers and retailers
3.3.3 Lack of marketing
3.4 Opportunities
3.4.1 Advances in printed electronics
4 Market Factor Analysis
4.1 Value Chain Analysis
4.1.1 Raw Material
4.1.2 Manufacturers
4.1.3 End-users
4.1.4 After-sales Services
4.2 Porter's 5 Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Suppliers
4.2.3 Bargaining Power of Buyers
4.2.4 Threat of Substitutes
4.2.5 Segment Rivalry
Continues...
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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