Press release
Smart Packaging Market Size to Hit US$ 49.8 Billion by 2028 | CAGR of 6.4%
Smart packaging is improved packaging integrated with various technologies, such as biosensors and radio frequency identification (RFID). It comprises active and intelligent packaging used in the packaging of perishable goods, such as food, drinks, pharmaceuticals, and cosmetics. It assists in monitoring freshness, extending shelf life, and displaying essential information about the quality of the product. In addition, it confirms the authenticity of products and reduces the incidence of counter thefts. Apart from this, it helps brands increase sales by maintaining consumer convenience and supply chain transparency across the globe.
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Market Trends:
The rising demand for sustainability, better quality, and transparency from brands around the world represents one of the key factors driving the market. Besides this, the increasing demand for temperature-controlled packaging in pharmaceutical and food and beverage (F&B) industries to transport temperature-sensitive products is propelling the growth of the market. In addition, smart packaging offers several benefits, such as reduced counterfeiting, enhanced safety, and cost-effectiveness, which is contributing to the growth of the market. Furthermore, key market players are extensively investing in research and development (R&D) activities to introduce innovative features in smart packaging, such as self-cooling and antibacterial packaging, which is expected to bolster the growth of the market.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/smart-packaging-market
List of Key Companies Covered in this Market Report:
Amcor plc
American Thermal Instruments
Avery Dennison Corporation
Berry Global Inc.
Crown Holdings Inc
Dupont De Nemours Inc.
Linde plc
Multisorb Technologies Inc. (Filtration Group Corporation)
Point Five Packaging LLC
R.R. Donnelley & Sons Company
Sealed Air Corporation
WestRock Company
Zebra Technologies Corporation.
The report has segmented the market on the basis of technology, industry vertical and geography.
Breakup by Technology:
Modified Atmosphere Packaging
Active Packaging
Antimicrobial
Gas Scavengers
Moisture Control
Corrosion Control
Intelligent Packaging
Indicators
Tracking Devices
Breakup by Industry Vertical:
Food and Beverages
Automotive
Healthcare
Personal care
Others
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Organic Substrate Packaging Material Market Report: https://www.imarcgroup.com/organic-substrate-packaging-material-market
Anti-Counterfeit Packaging Market Report: https://www.imarcgroup.com/anti-counterfeit-packaging-market
Flexible Intermediate Bulk Container Market Report: https://www.imarcgroup.com/flexible-intermediate-bulk-container-market
Home Care Packaging Market Report: https://www.imarcgroup.com/home-care-packaging-market
Anti-Counterfeit Packaging Market Report: https://www.imarcgroup.com/anti-counterfeit-packaging-market
Edible Packaging Market Report: https://www.imarcgroup.com/edible-packaging-market
Beverage Packaging Market Report: https://www.imarcgroup.com/beverage-packaging-market
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IMARC Group
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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