Smart Packaging Market Analysis, Status and Outlook 2021 to 2025 | 3M, BASF SE, Stora Enso

The Global Smart Packaging Market Research Report Forecast 2021 – 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Smart Packaging market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Smart Packaging data that enhances the understanding, scope, and application of this report.

The Global Smart Packaging Market was valued at USD 7.65 billion in 2020, and is expected to reach USD 11.79 billion by the end of 2026, registering a CAGR of 7.50% during the forecast period (2021 - 2026).

The Top Key Players in the Global Smart Packaging Market are like 3M (U.S.), Smartrac N.V. (The Netherlands), International Paper (U.S.), Stora Enso (Finland), Avery Dennison (U.S.), R.R. Donnelly Sons & Company (U.S.), Huhtamaki Group (Finland), Thin Film Electronics ASA (Norway), PakSense (U.S.), TempTime Corporation (U.S.), American Thermal Instruments (U.S.), BASF SE (Germany), etc.

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Smart Packaging refers to the packaging system with embedded sensor technology for food, medicine and many other types of products. Applications can be added because different forms can be used, such as fabrics, plastics and plastic films. Compared with traditional packaging, intelligent packaging has the advantages of reducing forgery, prolonging shelf life, improving security and easy implementation.

Industry News:

-December 2020 - BASF and BillerudKorsnäs cooperate to develop unique home-compostable paper laminate for flexible packaging.

BASF and the Swedish packaging manufacturer BillerudKorsnäs have cooperated to develop a unique home-compostable paper laminate for flexible packaging. The multi-layer film consists of three basic components: BillerudKorsnäs‘ paper ConFlex® Silk, a sealing layer made of BASF’s certified home compostable and partly bio-based biopolymer ecovio® and BASF’s water-based adhesive Epotal® Eco 3675 X which joins the film to the paper. As all parts of the multi-layer laminate are food-contact approved, it can be used to produce wraps with individually adjusted barrier properties, e.g. for cookies, ice cream, cereal bars and dairy items as well as wrappers for fish, meat and cheese freshly sold in supermarkets. All components are certified home-compostable according to official European certification schemes for home-composting. The laminate contains a high share of renewables and extends the end-of-life options for multi-layer flexible packaging by being organically recyclable.

This report segments the Global Smart Packaging Market on the basis of Types are:

Active Packaging
Intelligent Packaging
Modified Atmosphere Packaging (MAP)
Others

On the basis of Application, the Global Smart Packaging Market is segmented into:

Food and Beverages
Healthcare
Personal Care
Others

Top Line Market Forecast:

Both Regional and Global sectors are included in the Outlook, with special breakouts for the NAM, European, MENA, and Asia-Pacific regions. The data covered is from 2016 to 2020 historically and from 2021 to 2025 forecast, it also includes the impact of Covid-19 both on the short- and long-term prospects of the industry.

Full browse the report description and TOC:

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This Smart Packaging Market report addresses:

The Market size from 2016-2020
Expected market growth until 2025
Forecast of how market drivers, restraints, and future opportunities will affect
Segment and regions that will drive or lead market growth and why
Comprehensive mapping of the competitive landscape
In-depth analysis of key sustainability strategies adopted by market place

Reason to Buy:

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Smart Packaging Market

– Highlights key business priorities in order to assist companies to realign their business strategies.

 – The key findings and recommendations highlight crucial progressive industry trends in Smart Packaging Market, thereby allowing players to develop effective long -term strategies.

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The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report’s an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Post Covid-19 Analysis:

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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