Intelligent Packaging Market Estimated to grow at a CAGR of 10.59% by 2025

Knowledge Sourcing Intelligence announces the publication of a new report on "Intelligent Packaging Market - Forecast from 2020 to 2025" to their offering. The increasing requirement of machine-readable data to be incorporated in packaging has given rise to the integration of intelligent or smart packaging systems. The very name suggests and in reality, it is an aspect of a communication system that is capable of providing knowledge and information about a product that it has been packed with.

The advent of technology, an increase in investment in R&D as well as various strategic partnerships by certain major players is primary drivers of intelligent packaging market growth. The North American and the European markets for this product are expected to hold a significant market share due to government regulations that are conducive to foster the adoption of intelligent packaging in the food and beverage industry as well as to promote technological innovation to that end. The APAC region too is experiencing fast growth and is expected to witness healthy growth in this market during the forecast period. The advantages of intelligent packaging are inclusive of but not limited to tamper-proof, prevention of theft which is essentially the factors that are set to drive the intelligent packaging market growth during the forecast period.

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The recent study on the intelligent packaging market covers an in-depth analysis of the market based on packaging technology, by application and by geography. The report also covers the country-level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2024. According to the report titled "Intelligent Packaging Market- Forecast from 2020 to 2025", the market is estimated to grow at a steady rate during the forecast period. The report has segmented the Intelligent Packaging Market by Products (RFID Tags, Temperature Indicators, Freshness Indicators, Others); By Application(Food and Beverages, Pharmaceutical and Healthcare, Electronic Products, Cosmetics, and Personal Care); And by Geographies such as North Americas (the USA, Canada & Mexico), South America (Brazil, Argentina, and others), Europe (UK, Germany, France, and others), Middle East and Africa (Saudi Arabia, UAE, Israel, and others), and Asia Pacific (Japan, China, India, South Korea, and others).

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the intelligent packaging market.

The major players covered as part of the report are DuPont de Nemours, Inc., Amcor plc, Water.IO, MAKA RFID, ScanTrust SA, and Tetra Pak International S.A. among others.

In this report the intelligent packaging market has been segmented based on the following:
By Packaging Technology
o RFID Tags
o Temperature Indicators
o Freshness Indicators
o Others

By Application
o Food and Beverages
o Pharmaceutical and Healthcare
o Electronic Products
o Cosmetics and Personal Care

By Geography
North America
o USA
o Canada
o Mexico

South America
o Brazil
o Argentina
o Others

Europe
o UK
o Germany
o France
o Others

Middle East and Africa
o Saudi Arabia
o UAE
o Israel
o Others

Asia Pacific
o Japan
o China
o India
o South Korea
o Others

Unique Reasons to Buy Intelligent Packaging market report
1. In-depth analysis with sufficient data points and references included.
2. Best possible insights in addition to a detailed analysis of drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.

Scope of Intelligent Packaging Market
1. The forecast period is from 2020 to 2025 with 2019 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints at a global and regional level
3. Strategies of the key players in analyzing the competitive benchmarking are provided in the report
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization requests.

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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