Active, Smart, and Intelligent Packaging Market 2023 Driving Factors Forecast Research 2029

Active, smart, and intelligent packaging market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period. The primary factor that drives the market growth are growing demand for exotic fruits, vegetables, and other products such as cosmetics, and electronics, throughout various countries, owing to rising global trade practices between the countries. For instance, US Department of Commerce data showed that in 2020, the US exported $838 million of personal care and cosmetic products to China, up 2.2% from the previous year. According to the OECD.world, in 2020 the top exporters of beauty products were France $9.02 billion, South Korea $6.45 billion, US $5.18billion, Japan $4.99billion, and Germany $3.37billion. Hence, the rise in the demand for beauty, food and beverages products, demand for active, smart, and intelligent packaging will consequently boost during the forecast period.

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The global active, smart, and intelligent packaging market is segmented based on packaging type, function, and application. Based on packaging type, the market is sub-divided into active packaging, and smart and intelligent packaging. Based on function the market is sub-segmented into moisture control, temperature indicators, shelf life sensing, and product tracking. Based on application, the market is categorized into food and beverages, personal care, healthcare, automotive, consumer electronics, and others.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Active, Smart, and Intelligent Packaging Market by Packaging Type
o Active Packaging
o O2 Scavenging Sachets
o MAP
o Smart and Intelligent Packaging
o TTI Labels
o Freshness Indicators
o RFID Tags

Global Active, Smart, and Intelligent Packaging Market by Function
o Moisture Control
o Temperature Indicators
o Shelf Life Sensing
o Product Tracking

Global Active, Smart, and Intelligent Packaging Market by Application
o Food and Beverages
o Personal Care
o Healthcare
o Automotive
o Consumer Electronics
o Others

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o 3M Co.
o Amcor Group GmbH
o Ball Corp.
o CCL Industries Inc.
o Coveris Management GmbH
o Crown Holdings, Inc.
o Cryolog
o Eastman Chemical Co.
o Filtration Group Corp.
o Sealed Air Corp.
o Sysco Corp.
o Timestrip UK Ltd.
o Varcode Ltd.
o VIP Packaging
o Vitsab International
• Zebra Technologies Corp.

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global active, smart, and intelligent packaging market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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