The global intelligent packaging market size was estimated to be US$ 17.3 billion in 2020 and is expected to reach US$ 35 billion by 2032 at a CAGR of 6.6%.
As a result of changing urban lifestyles and global population trends, demand for packaged, frozen, and ready-to-eat food has expanded dramatically in recent years. Since the supply of exotic fruits and vegetables, meat products, and frozen dinners has transcended worldwide borders, the packaging industry has been focusing on creating solutions that provide optimum food security while maintaining nutritious content at competitive pricing. Food and beverage packaging has evolved significantly from conventional to sophisticated packaging.
Traditional packaging is mainly concerned with issues of weather protection. Advanced packaging, on the other hand, interacts with the environment both inside (active packaging) and externally (intelligent packaging), enhancing the goods' visual appeal. As a result, food and beverage companies, as well as packaging companies, are researching how physical, chemical, and microbiological textures differ inside packaged items.
Waste reduction and increased efficiency are becoming increasingly important for supply chain professionals in the food, pharmaceutical, and other industries that deal with products with short shelf lives and stringent environmental requirements, indicating a strong desire for packaging that can keep food fresh before and after opening, as well as more explicit on-pack messages about how to store food.
Active and intelligent packaging includes moisture reduction sachets and antimicrobial linings, as well as allergy sensors and physical shock indicators. As a result, commodities packed in this manner, particularly perishables, provide greater transparency to both business and consumers. Intelligent packaging solutions are increasingly being used by pharmaceutical buyers to improve product traceability. By scanning a QR code with a smartphone, these tools make it simple to obtain medical information.
The Swatch Group's EM Microelectronic, a member of the Active and Intelligent Packaging Association (AIPIA) and a supplier of ultra-low-power semiconductors, has announced its enhanced product authentication dual-frequency RAINFC technology, which has been in the works for 30 years. It enables merchants and brands to give their customers with a seamless omnichannel experience.
PearlCBD, a California hemp-based cannabidiol company owned by Origin Lab, is promoting its products with "intelligent labels" that use Near Field Communication technology to deliver information to customers (NFC). The company started producing and selling its products this year, each with a unique ID number recorded on a passive NFC tag embedded into a label that allows consumers to verify product authenticity and obtain lab test results for components and other materials before purchase.
Active packaging is defined as packaging in which secondary constituents are required to be included in or on either the packaging material or the package headspace in order to increase the performance of the package system, i.e. anything that improves the packaging's capacity to protect its contents. An external or interior indicator on intelligent packaging gives information about the package's history as well as the food's quality.
Global Intelligent Packaging Market Share Analysis, by Geography (2022)
The report titled “Global Intelligent Packaging Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is the historic period, 2022 is the base year, and 2023 to 2032 is the forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Intelligent Packaging Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
Research entails a thorough examination of the market by packaging technology as freshness indicator, RFID Technology, Temperature indicator, and others. By application Pharmaceutical and Healthcare, Cosmetics and Personal Care, Electronic Products, Food & Beverage. North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are the primary regional markets for intelligent packaging.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Intelligent Packaging Market. Further, market share of prominent companies in the Global Intelligent Packaging Market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the Global Industrial Wastewater Treatment companies.
The Global Intelligent Packaging Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the relevant business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Intelligent Packaging Market.
The research offers a competitive landscape based on an in-depth analysis of the top industry competitors' key strategies in the intelligent packaging market PakSence, 3M, American Thermal Instruments, TemTime Corporation, Avery Dennison, R.R Donnelly Son’s & Company, BASF SE, Stora Enso, International Paper, Thin Film Electronics ASA, Smartrac N.V. , Huhtamki Group among others
Global Intelligent Packaging Market Segmentation:
By Packaging Technology:
By Application:
By Geography
The global intelligent packaging market size was estimated to be US$ 17.3 billion in 2020.
Intelligent packaging market is set to register over 6.6% CAGR by 2032.
The global intelligent packaging market is expected to reach US$ 35 billion by 2032.
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, 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
Pharmaceutical and Healthcare, Cosmetics and Personal Care, Electronic Products, Food & Beverage.
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