Press release
Connected Packaging Market to reach USD 5.13 Bn by 2029, emerging at a CAGR of 61.73 percent and forecast 2023-2029
Connected Packaging Market
The comprehensive report on the Connected Packaging Market aims to present an in-depth analysis for stakeholders. It provides past and current market status, along with forecasted trends and market size. Utilizing clear language, the report simplifies complex data and includes analyses of key players, including market leaders, followers, and new entrants. The report employs PORTER and PESTEL analyses to evaluate micro-economic factors and their potential impacts. External and internal factors influencing the market are dissected, offering decision-makers a clear view of the market's future dynamics.
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Connected Packaging Market Dynamics:
In the United States, the Food and Beverage (F&B) sector emerged as a leader in the adoption of connected packaging, accounting for 44.5% of total revenue in 2022. The shift towards ready-to-eat and convenience food products due to evolving urban lifestyles is expected to drive sector growth in the coming years. Moreover, the demand for environmentally friendly products from the F&B and pharmaceutical industries, coupled with investments in reducing carbon footprint, is projected to be a driving force for market expansion.
Connected Packaging Market Regional Insights:
North America: In 2022, North America commanded the largest market share, accounting for around 50% of the total market. The region is set to experience growth driven by expanding industries like food and beverage, pharmaceuticals, automotive, logistics, and manufacturing. The emphasis on sustainable packaging by the U.S. government further propels market demand.
Europe: Europe is expected to exhibit substantial demand due to stringent regulations aimed at reducing hazardous materials in packaging. The pharmaceutical sector's commitment to compliance with regulations is also anticipated to fuel growth.
Asia Pacific: The Asia Pacific region is poised for rapid growth, driven by increasing health awareness and rising disposable income, especially in developing nations like China and India. These factors are likely to boost the pharmaceutical industry in the region.
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Connected Packaging Market Segmentation:
by Technology
Active Packaging
Interactive Packaging
Intelligent packaging
by End-User
Food & Beverages
Healthcare
Personal Care
Others
Connected Packaging Market Key Players:
1. BALL CORPORATION
2. Amcor plc
3. 3M
4. Temptime Corporation
5. CONSTANTIA FLEXIBLES
6. Klöckner Pentaplast
7. Graham Packaging Company,
8. Avery Dennison Corporation
9. Emerson Electric Co
10.American Thermal Instruments
11.BASF SE
12.International Paper
13.R.R. Donnelley & Sons Company
14.Others
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Table of content for the Connected Packaging Market includes:
Global Connected Packaging Market: Research Methodology
Global Connected Packaging Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Connected Packaging Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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