North America Active, Smart and Intelligent Packaging Market is Growing with a CAGR of 6.8 % in the Forecast Period of 2021 to 2028

North America Active, Smart and Intelligent Packaging Market is expected to grow with the increase in demand for intelligent packaging to avoid food wastage coupled with rising disposable income. However, the high cost associated with research and development activities may hinder the market's demand.

North America Active, Smart, And Intelligent Packaging Market Scenario  

According to Data Bridge Market Research, the North America active, smart and intelligent packaging market in the U.S. has the highest market share, followed by Canada and Mexico. The market leader is WestRock Company, with the largest market share of 10.00% in the North American market. The company has launched new products of active, smart, and intelligent packaging in the market.

  • In June 2021, WestRock launched EverGrow fiber-based produce packaging collection made using sustainably sourced wood fiber. WestRock EverGrow packaging is curbside recyclable when emptied and flattened, supporting the company’s ambition to reduce waste and build a 100% reusable, recyclable and compostable product portfolio

North America Active, Smart and Intelligent Packaging Market

Trends Impacting the Market

Now the question is which other regions WestRock Company, Sealed Air, and Sonoco Products Company are targeting? Data Bridge Market Research has forecasted a large growth in the North America active, smart and intelligent packaging market, and the market leaders are targeting Canada and Mexico to be their next pocket revenue for 2021.

The North America active, smart, and intelligent packaging market is becoming more competitive with companies such as WestRock Company, Sealed Air, and Sonoco Products Company.

These are the top dominating companies in the North America active, smart and intelligent packaging market and have launched new products, services, and consumables. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the North America active, smart, and intelligent packaging market.

For more analysis on the North America active, smart and intelligent packaging market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=north-america-active-smart-and-intelligent-packaging-market

North America Active, Smart, And Intelligent Packaging Market Developments

  • In May 2018, Sealed Air Corporation (announced the acquisition of Automated Packaging Systems, Inc. (APS), a leading manufacturer of high-reliability, automated bagging systems, for a purchase price of $510 million on a cash and debt free basis
  • In March 2020, DS Smith and Aquapak, an innovative developer of biodegradable polymer, were teamed up to develop the next generation of packaging solutions. This partnership enabled the company to expand its R& D to increase sales and revenue

Scope of the North America Active, Smart, And Intelligent Packaging Market

All country-based analysis of the North America active, smart, and intelligent packaging market is further analyzed based on maximum granularity into further segmentation. The North America active, smart, and intelligent packaging market is segmented into six segments based on type, function, technology, material, level, and application.

  • On the basis of type, the North America active, smart, and intelligent packaging market is segmented into active packaging, smart packaging, and intelligent packaging. On the basis of function, the North America active, smart, and intelligent packaging is segmented into moisture control, temperature indicators, shelf life sensing, product tracking, and others. On the basis of technology, the North America active, smart, and intelligent packaging market is segmented into RFID tags, QR codes, NFC tags, coding & markings, sensors & output devices, and others. On the basis of material, the North America active, smart, and intelligent packaging market is segmented into plastic, paper, glass, corrugated board, metal, and others. On the basis of level, the North America active, smart, and intelligent packaging market is segmented into primary, secondary, and tertiary. On the basis of application, the North America active, smart, and intelligent packaging market is segmented into food, beverages, personal care, healthcare, automotive, consumer electronics, and others.

To know more about the study https://www.databridgemarketresearch.com/reports/north-america-active-smart-and-intelligent-packaging-market

Key Pointers Covered in North America Active, Smart, And Intelligent Packaging Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and overview of North America active, smart, and intelligent packaging market
  • Company profiling of top eight players of North America active, smart, and intelligent packaging market

Key Market Competitors Covered in the Report

  • DuPont
  • Sealed Air
  • Klöckner Pentaplast
  • Ampacet Corporation 
  • LCR Hallcrest LLC 
  • WestRock Company
  • DS Smith
  • Amcor plc
  • Tetra Pack
  • Sonoco Products Company
  • AVERY DENNISON CORPORATION
  • Constantia Flexibles
  • Graham Packaging Company

Above are the key players covered in the report, to know about more and exhaustive list of active, smart and intelligent packaging companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=north-america-active-smart-and-intelligent-packaging-market

Research Methodology: North America Active, Smart, And Intelligent Packaging Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.

The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Food Industrialist
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.

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