Press release
Smart Packaging Market Latest Study Explores Gigantic Growth : 3M, Sonoco, Amcor, MeadWestvaco (MWV), and UPM -
This Smart Packaging Market business research report deals with bountiful of important Smart Packaging Market related aspects which are; market size estimations, company and market best practices, entry level strategies, Smart Packaging Market dynamics, positioning, segmentations, competitive landscaping and benchmarking, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, and in-depth benchmarking of vendor offerings.Global Smart Packaging Market is accounted for $ 12.21 billion in 2017 and is expected to reach $33.64 billion by 2026 growing at a CAGR of 11.9% from 2017 to 2026.
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Smart packaging is a superior form of packaging that gives supplementary functionalities such as extensive shelf life, cleanness monitoring and better protection along with the conventional basic three functions of packaging that is protection, communication and containment. Smart packaging is also used widely by different end users in order to add value to their products, strengthen their brand image and to improve the consumer appeal.
Increasing consumer awareness for food wastage reduction, longer shelf life & changing lifestyle of people and growth in the consumption of frozen and chilled food products are some of the key factors boosting the market growth. However, stringent environmental legislations and high development costs are hindering the market growth.
SOME OF THE KEY PLAYERS IN GLOBAL SMART PACKAGING MARKET ARE
o BASF SE,
o E. I. Du Pont De Nemours and Company,
o Sealed Air Corporation,
o 3M,
o Sonoco Products Company,
o Amcor Limited,
o Meadwestvaco Corporation,
o Temptime Corporation,
o Paksense,
o Smartrac N.V.,
o UPM-Kymmene Corporation,
o Huhtamaki Group,
o International Paper,
o Thin Film Electronics ASA,
o American Thermal Instruments (ATI),
o Multisorb Technologies Inc,
o Avery Dennison Corp,
o RR Donnelley
o Stora Enso OYJ.
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By End User, food & beverages segment acquired considerable growth due to increasing demand for packaged food products which provides nutritional enrichment and functional benefits. Asia-Pacific is expected to have a significant growth in the market owing to the rapid urbanization and change in lifestyle of consumers in the developing countries, such as China, India, and Thailand.
Smart Packaging Market TECHNOLOGIES COVERED:
o Modified Atmosphere Packaging (MAP)
o Active Packaging
o Intelligent Packaging (IP)
Smart Packaging Market END USERS COVERED:
o Food & Beverages
o Personal Care
o Healthcares
o Automotive
o Other End Users
MAJOR CHAPTERS COVERED IN SMART PACKAGING MARKET RESEARCH ARE:
1 Executive Summary
2 Preface
3 Smart Packaging Market Trend Analysis
4 Smart Packaging Market Porters Five Force Analysis
5 Smart Packaging Market By Technology
6 Smart Packaging Market By End User
7 Smart Packaging Market By Geography
8 Key Developments
9 Company Profiling
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Note: Any special requirements about this report, please let us know and we can provide custom report.
Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
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