Press release
Smart Packaging Market 2018-2023 | Global Key Players : 3M, Temp Time, PakSense, American Thermal, Avery Dennison, BASF, International Paper, Huhtamaki
Global Smart Packaging Information By Technology (Active, Intelligent and MAP), By Application (Food & Beverages, Automotive, Healthcare, Personal Care and others), and Region - Forecast to 2023Market Research Future published a half cooked research report on global smart packaging market. The market for global smart packaging market is expected to grow over the CAGR of around 5% during the period 2016 to 2022
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Market Highlights
The popularity of smart packaging is growing over the past few years. Smart packaging are used for food & beverages, personal care, healthcare and automotive products. Rising health awareness, technological advancement, increased shelf life and rising industrialization fueled the demand of the market. High research and development cost is expected to hamper the growth of the market in coming years.
Market Research Analysis
It is expected that the global smart packaging market will advance with higher growth rate as compared to previous years. The market is highly application based. Personal care and automotive sectors are expected to grow fast over the forecasted period. However, food & beverage is the largest sector for smart packaging. On the basis of technology, active packaging accounted for the largest market share. European region is the leading market, majorly due to laws favoring smart packaging.
Modified atmosphere packaging (MAP):
Modified atmosphere packaging (MAP) helps in extending the shelf life of fresh food products. The technology replaces the atmospheric air inside a package with a protective gas mix. The gas in the package helps to keep food fresh for a longer period of time. It has been developed to ensure that packaged food products stay fresh and attractive for long. Modified Atmosphere allows fresh and minimally processed packaged food products to maintain the visual, textural and nutritional appeal. The controlled MAP extend shelf life of the product without any addition of chemical preservatives or stabilizers. For fresh and flavorful products, processors, and marketers rely on modified atmosphere packaging and focusing on meeting the consumer’s expectation for brand quality, consistency, freshness, and in-stock availability.
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
Key Players
The key players of the global smart packaging market include- 3M Company, Temp Time Corporation, PakSense, American Thermal Instruments, Avery Dennison, R.R. Donnelly Sons & Company, BASF SE, International Paper, Stora Enso, Huhtamaki Group and Smartrac N.V.
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Scope of the Report
This study provides an overview of the global smart packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global smart packaging market as technology and application. On the basis of technology it is segmented as active packaging, intelligent packaging and modified atmosphere packaging. On the basis of application it is widely used in food & beverage, health care, personal care and automotive industries.
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
Continued.....
List of Tables
Table 1 Global Processed Food & Beverages Sales, Growth Rate and Market Share, by Region, 2000 and 2013
Table 2 Global Smart Packaging Market, by Technology, 2014–2022 (Usd Billion)
Table 3 Global Smart Packaging Market, by Application, 2014–2022 (Usd Billion)
Table 4 Global Smart Packaging Market, by Region, 2014–2022 (Usd Billion)
Table 5 North America: Smart Packaging Market, by Country, 2014–2022 (Usd Billion)
Table 6 North America: Smart Packaging Market, by Technology, 2014–2022 (Usd Billion)
Table 7 North America: Smart Packaging Market, by Application, 2014–2022 (Usd Billion)
Continued.....
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Drivers, Restraints and Trends of Global Smart Packaging Market
Figure 4 Pharmaceutical Spend Per Capita, 2016 (Usd Million)
Figure 5 Value Chain Analysis of Global Smart Packaging Market
Figure 6 Porter's 5 Forces Analysis of Global Smart Packaging Market
Continued.....
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