Global Active, Smart and Intelligent Packaging Market By Packaging Type (Active Packaging, Smart & Int. Packaging), Application (Food & Beverage, Pharmaceuticals, Cosmetics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Market Analysis: Global Active, Smart and Intelligent Packaging Market
The Global Active, Smart and Intelligent Packaging Market is expected to grow at a healthy CAGR during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Active, Smart and Intelligent Packaging Market
Active, smart and intelligent packaging is majorly used by the manufacturers for retaining the nutritional value and freshness of the product. The global trade for this market is going to be driven by the sophisticated and advanced transport facilities that are available. The demand for active, smart and intelligent packaging is higher in the consumer goods, food and beverages and pharmaceutical industry. The retail industry is at a high growth rate and need for attractive and smart packaging is of utmost importance. The packaging of the product ensures a safe reach of product to the consumer. Technologies such as intelligent packaging, active, smart packaging, and modified atmosphere packaging are replacing methods such as canning. Advanced packaging interacts internally as well as externally with the environment in order to enhance the visual appeal of the products. Besides this, smart and active packaging also eases the process of bulk transportation. According to an article published recently by Center for Disease Control and Prevention (CDC), about 48 million cases of foodborne illness are registered annually in the United States; which is the equivalent to the sickening of 1 in 6 Americans each year. In addition to this each year, these illnesses results in an estimated 128,000 hospitalizations and 3,000 deaths. Hence, increasing awareness regarding food-borne diseases and increasing demand for fresh and quality packaged food, consumer convenience and manufacturers concern for longer shelf-life of the food products is driving the market for global active and smart packaging technology for food and beverage market.
- Longer shelf life and changing lifestyle of people
- Growing demand for fresh and quality foods
- Demand for longer and sustainable packaging products
- Issues with the packaging material effect on human body
- Security and privacy issues in case of intelligent packaging
Segmentation: Global Active, Smart and Intelligent Packaging Market
By Packaging Type
- Active Packaging
- O2 Scavenging Sachet
- Smart & Int. Packaging
- TTI Labels
- Freshness Indicators
- RFID Tags
- Food & Beverage
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- South America
- Rest of south America
- Middle East & Africa
- Saudi Africa
- Rest of MEA
Competitive Landscape: Global Active, Smart and Intelligent Packaging Market
The global active, smart and intelligent packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of active, smart and intelligent packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Active, Smart and Intelligent Packaging Market
The key players operating in the global active, smart and intelligent packaging market are –
- AMCOR LIMITED
- AMPACET CORPORATION
- BALL CORPORATION
- BEMIS COMPANY, INC.
The other players in the market are Constar International Inc, Crown Holdings Inc., W. R. Grace & co, Graham Packaging Company Inc., Innovia Films, Klockner Pentaplast (subsidiary of Blackstone Group), Landec Corporation, Mitsubishi Gas Chemical Company, Inc, Multisorb Technologies, Paksense, Paper Pak Industries, Rexam, Plc, Sealed Air Corporation, Sonoco, Sysco Corporation (Fresh Point Services), Timestrip, plc., VIP Packaging and many more.
Research Methodology: Global Active, Smart and Intelligent Packaging Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed 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 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, other data models include vendor positioning grid, market time line 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.
In June2018, Amcor Limited () which is one of the major player has done an investment in the technologies related to healthcare packaging. The company latest digital printing press is now available at its Cramlington, U.K., site and is the company’s third major investment in new presses across its European operations since 2016. This investment the company now has no minimum requirements for order size and can respond to shorter lead times.
Key Insights in the Report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global active, smart and intelligent packaging market
- Analyze and forecast the active, smart and intelligent packaging market on the basis of packaging type and application.
- Trends of key regional and country-level markets for packaging type and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis