Press release
Rising Demand for Airless Pumps: Market Size, Share, and Future Projections
Intelligent Packaging Market, Global Intelligent Packaging Industry, Intelligent Packaging Market Analysis, Intelligent Packaging
Growing concerns over food waste, counterfeiting, and regulatory compliance are fueling adoption. North America and Europe lead in technological innovation, while Asia-Pacific is witnessing fast growth due to increasing e-commerce and smart packaging adoption. Sustainability initiatives are further encouraging the development of biodegradable and reusable intelligent packaging solutions.
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The global intelligent packaging market is poised for substantial growth, with a projected value of USD 23.6 billion in 2023 and an anticipated expansion to USD 56.0 billion by 2033, reflecting a robust 9.0% CAGR during the forecast period, according to the latest market analysis.
Innovations in the intelligent packaging market are transforming industries by integrating smart sensors, IoT, and AI-driven technologies. RFID and NFC tags enable real-time tracking, while time-temperature indicators (TTIs) ensure product freshness. Oxygen and moisture sensors help prevent spoilage in food and pharmaceuticals. Blockchain technology is enhancing supply chain transparency, and reducing counterfeiting risks. Sustainability-focused innovations include biodegradable smart labels and recyclable electronic components.
The rise of smart QR codes enables consumer engagement with product data. As demand for food safety, authentication, and interactive packaging grows, technological advancements are making intelligent packaging more efficient, eco-friendly, and commercially viable.
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Market Highlights and Growth Drivers
Rapid Acceleration in Sales: The intelligent packaging segment is expected to witness rapid sales growth, driven by increasing demand for interactive packaging and active packaging. These two segments alone are predicted to capture approximately 72% of the market share within the next decade.
Track & Trace Demand in Food & Beverage: The intrinsic demand for track and trace solutions within the food and beverage industry is a significant propellant for intelligent packaging sales. As the market is set to expand 2.4 times its current value, the focus on ensuring product safety and quality will remain pivotal.
Protection of Sensitive Products: The increasing need for safeguarding sensitive products during storage and transportation will further fuel market growth. Packaging solutions that can adapt to environmental changes will be crucial in minimizing spoilage risk.
Next-Generation Solutions: The shift towards next-generation packaging solutions, including anti-microbial packaging, is expected to enhance market opportunities for intelligent packaging companies. These innovations align with consumer needs for safety and hygiene.
Security and Tracking Innovations: The rising demand for security and tracking solutions presents additional opportunities for companies within the intelligent packaging space. These features not only bolster consumer confidence but also streamline logistics.
Sustainability Focus: The development of advanced packaging solutions with sustainable attributes is fostering market development, aligning with global trends towards eco-friendliness.
Consumer Engagement Strategies: Growing emphasis on improving consumer engagement through intelligent packaging solutions will enhance sales. This trend allows brands to communicate effectively with consumers about the conditions of packaged products, reducing spoilage risks.
Adoption in Medical Packaging: Increasing adoption of advanced intelligent medical packaging will create further growth prospects, addressing the unique challenges of healthcare products.
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Core Concepts in the Intelligent Packaging Industry
Higher Growth in the United States: The rising need for smart packaging is driving market growth in the United States.
Current Market Valuation: The intelligent packaging industry is estimated to be valued at US$ 23.6 billion in 2023.
Growth Forecast: The market is expected to grow at a CAGR of 9% through 2033.
Rising Demand for Interactive Packaging: The increase in consumer engagement is fueling the demand for interactive packaging.
Prominent Market Trend: The development of advanced packaging solutions with sustainable features is a major trend in the market.
Consumer Engagement: Interactive packaging enhances consumer experience, which is a significant driver for its increased adoption.
Trends Shaping the Intelligent Packaging Market:
Track & Trace Packaging:
Leading brands face significant losses due to counterfeit products and are turning to next-generation packaging solutions.
Intelligent packaging solutions, such as electronically printed NFC labels, are gaining market acceptance. For instance, Coca-Cola has recently adopted NFC labels on its bottles.
Sustainability and Consumer Engagement:
The development of advanced packaging solutions with sustainable features is fostering market growth.
There is a growing focus on improving consumer engagement through intelligent packaging, which enhances product and consumer safety by monitoring freshness and extending shelf life.
Healthcare and Food & Beverage Applications:
Rising applications across healthcare and food & beverage industries are boosting the global intelligent packaging industry.
Intelligent packaging helps minimize the risk of spoilage for sensitive products by effectively sensing environmental changes and informing users.
Technological Advancements:
Packaging solutions like freshness indicators and time temperature indicators are gaining popularity.
These indicators are technologically advanced to monitor and inform users about temperature changes during shipping and storage, reducing food and pharmaceutical product wastage.
Explore Tech in Packaging Insights: https://www.futuremarketinsights.com/industry-analysis/tech-in-packaging
key players:
Amcor plc.
Crown Holding Inc.
3M Company
CCL Industries Inc.
Huhtamaki Global
DS Smith
Avery Dennison Corporation
Honeywell International Inc.
Tetra Pak International S.A.
Sealed Air Corporation
Stora Enso Oyj
WestRock Company
Ball Corporation
Mondi Plc.
International Paper Company
Georgia-Pacific LLC
UPM-Kymmene Oyj
Coveris Holdings S.A.
DuPont Teijin Films US
Sigma Plastics Group
Timestrip UK Ltd.
Varcode, Ltd.
Temptime Corporation
DeltaTrak, Inc.
EVIGENCE SENSORS
JRI Company
Vitsab International AB
LAXCEN TECHNOLOGY INC.
APK-ID
STARNFC Technologies Ltd.
Intelligent Packaging Industry Segmentation:
By Technology:
Indicators
Time-Temperature Indicators
Gas & Integrity Indicators
Freshness Indicators
Sensors
Interactive Packaging/Data Carriers
Quick-response (QR Codes)
Barcodes
Radio Frequency Identification (RFIDs)
Near Field Communications (NFCs)
Bluetooth Low Energy (BLE)
Active Packaging
Oxygen Scavengers
Ethylene Absorbers
Moisture Scavengers
Anti-microbial Packaging
By Level of Packaging:
Primary Packaging
Secondary Packaging
Tertiary Packaging
By Application:
Bottles and Jars
Blisters
Trays & Clamshells
Cans
Boxes & Cartons
Vials, Ampoules, & Prefilled Syringes
Bags & Pouches
Films & Wraps
Mailers
Labels, Tapes, & Tags
By End Use:
Food
Meat, Poultry, & Seafood
Fruits & Vegetables
Dairy Products
Bakery & Confectionary
Processed Food
Ready to Eat Food
Other Food Products
Beverage
Healthcare
Medical Devices
Medical Supplies
Pharmaceuticals
Cosmetics
Logistics & Transport
Consumer Electronics
Personal Care & Homecare
Other Consumer Goods
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
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