Intelligent Packaging Market 2018-2023 Leading players : 3M, TempTime, PakSense, Avery Dennison, BASF, International Paper, Stora Enso, Huhtamaki, Smartrac

Global Intelligent Packaging Information: by product (Gas Scavengers, Corrosion Control Packaging, Moisture Control Packaging, Subsector Packaging, QR Code, and others), Application (Food & Beverages, Pharmaceuticals, Automotive, Electronics, and others), and Region - Forecast to 2023

Market Synopsis

Smart and intelligent packaging is used to protect, monitor, interact, and maintain the quality and safety of the product. Smart & intelligent packaging is mostly used to reduce human errors, prevent sickness due to consumption of spoiled food, and to reduce cost. This effective packaging methodology has seen the fastest growth owing to highly efficient properties and reliable output which acting as a future trend of the packaging system.

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Smart packaging includes active packaging and intelligent packaging; wherein active packaging refers to the packaging functions beyond the inert, passive containment, and protection of the product. Intelligent packaging usually involves the ability to qualify or measure attributes such as the inner atmosphere of the package, or the shipping environment. This information can be communicated to users or can trigger active packaging functions.

This packaging carries functions such as sensing, tracking, detecting, recording, communicating and applying scientific logic coupled with long shelf life, improved quality of safety and all required information. There are various intelligent packaging systems such as indicators, radio frequency identification type, and sensors with an aim to detect and communicate information about the condition of the product.

Both active packaging and intelligent packaging involve functions that go beyond the containment and protection of a product and promises to extend shelf life, monitor freshness, improve safety and convenience. These factors play a significant role in shaping the customer buying behavior firming up the purchase decision at the point of sale thereby directly impacting the brand equity. Whereas, the increased cost of the complex packaging has not hindered the growth of the market.

Leading Players and Industry News

Some of the key players in the global intelligent packaging market include 3M (U.S.), TempTime Corporation (U.S.), PakSense (U.S.), American Thermal Instruments (U.S.), Avery Dennison (U.S.), R.R. Donnelly Sons & Company (U.S.), BASF SE (Germany), International Paper (U.S.), Stora Enso (Finland), Thin Film Electronics ASA (Norway), Huhtamaki Group (Finland), and Smartrac N.V. (The Netherlands), among others.

November 2017: Stora Enso had joined forces with Microsoft to bring cloud-based intelligent packaging solutions to clients, globally.

16 Oct 2017: PepsiCo embraces active and intelligent packaging with an interactive session at AIPIA World Congress 2017.

Intelligent Packaging Market-By Segment

Global intelligent packaging market is segmented into product, application and region. By the product, it is categorized into gas scavengers, corrosion control packaging, moisture control packaging, susceptor packaging, QR code, and others. The scavengers segment is estimated to hold the largest share of the global market due to safety & quality indicators in the intelligent packaging. The application segment includes various industries such as food & beverages, pharmaceuticals, automotive, electronics, and others. Rising demand for packaged and frozen food is driving the food & beverage segment and is likely to continue growing in the future. By geography, it is segmented by North America, Europe, Asia Pacific, and the Middle East & Africa. North America is expected to Account for a significant share of the market due to increased purchasing power and changing lifestyle of people.

The global intelligent packaging market has witnessed the fastest growth in the food & beverage sector due to the stringent food safety policies across the globe. The demand for solutions to retain color, taste, and shelf life in the packaged foods has driven the market across the application. Intelligent packaging in the food & beverage industry dominates the market. Based on the applications, the market has been divided into food & beverages, pharmaceuticals, automotive, electronics, and others industries.

Food & Beverage

The increasing demand for fresh and quality packaged food, consumer convenience, and manufacturers concern for the longer shelf life of the food products is driving the market. Growing demand for self-heating and cooling packaged products in the beverage industry for various heat beverages such as tea, coffee, and chocolate are expected to fuel the demand for such solutions in the colder regions such as North America and Europe.

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Regional Analysis

The global market is segmented on the basis of geography: Asia Pacific, North America, Europe, and the Middle East & Africa. North America is holding the largest share of the global market due to rising demand for packaged and frozen food. Moreover, changing government regulations regarding food and packaging, growing demand for quality packaging to extend shelf life, and focus on less food wastage are driving the market for intelligent packaging all over the world. Countries such as China, South Korea, and India are estimated to raise the market growth in the Asia Pacific region during 2017-2023.

Scope Of Report

The report for Global Intelligent 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 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Material
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

Continues.....

List Of Tables

Table 1 Global Intelligent Packaging Market: By Region, 2017-2023
Table 2 Americas Intelligent Packaging Market: By Country, 2017-2023
Table 3 Europe Intelligent Packaging Market: By Country, 2017-2023
Table 4 Asia-Pacific Intelligent Packaging Market: By Country, 2017-2023
Table 5 Middle East & Africa Intelligent Packaging Market: By Country, 2017-2023
Table 6 Global Intelligent Packaging Market, By Product , By Regions, 2017-2023

Continues....

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