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Smart Packaging Market | Global Industry Size, Share, Trends, Segments and Regional Analysis By 3M, TempTime, PakSense, American Thermal, Avery Dennison, R.R. Donnelly Sons, BASF, International Paper, Huhtamaki and Smartrac
Global Smart Packaging Information By Technology (Active, Intelligent and MAP), By Application (Food & Beverages, Automotive, Healthcare, Personal Care and others), and Region - Forecast to 2023Some of the key players in the global smart packaging market include 3M Company (U.S.), TempTime Corporation, PakSense Inc., American Thermal Instruments, Avery Dennison Corporation, R.R. Donnelly Sons & Company, BASF SE, International Paper, Stora Enso, Huhtamaki Group, and Smartrac N.V.
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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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.
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.
The market for global smart packaging market is expected to grow over the CAGR of around 5% during the period 2016 to 2023
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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
Continued.......
List of Tables
Table 1 Global Processed Food & Beverages Sales, Growth Rate and Market Share, by Region, 2000 and 2013 18
Table 2 Global Smart Packaging Market, by Technology, 2014–2022 (Usd Billion) 28
Table 3 Global Smart Packaging Market, by Application, 2014–2022 (Usd Billion) 33
Table 4 Global Smart Packaging Market, by Region, 2014–2022 (Usd Billion) 35
Table 5 North America: Smart Packaging Market, by Country, 2014–2022 (Usd Billion) 36
Table 6 North America: Smart Packaging Market, by Technology, 2014–2022 (Usd Billion) 36
Table 7 North America: Smart Packaging Market, by Application, 2014–2022 (Usd Billion) 37
Table 8 U.s.: Smart Packaging Market, by Technology, 2014–2022 (Usd Billion) 37
Continued...........
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