Global Connected Packaging Market, By Technology Used (Active Packaging, Interactive Packaging, Intelligent packaging), By End-User (Food, Beverages, Healthcare, Personal Care, Others), By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Connected Packaging Market
Connected packaging market is expected to gain market growth in the forecast period of 2020 to 2027. Data bridge market research analyses that the market is expected to grow at a growth rate of 7.4% in the forecast period of 2020 to 2027. The connected packaging market is growing as it creates potential to increase the brand value and helps to connect product to the internet of things.
Connected packaging is defined as a carrier which connects the products with electronic devices and helps to read the product by providing it with a unique id which would be different for each product. It contains technology that connects the products with sensors, tags and codes.
The changing lifestyle of the people and rising urbanisation is expected to drive the connected packaging market growth in the forecast period 2020 to 2027. Increasing enhancement of the brand relationship is another factor that will help to augment the market growth. To add to that, provision of data, which would help the customer I making business related decisions would lead to the benefit of the customer. On the other hand, increasing demand from the food and beverages industry will further create new opportunity for the connected packaging market.
This market report provides details of new developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research connected packaging market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Connected Packaging Market Scope and Market Size
Connected packaging market is segmented on the basis of technology used and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology used, connected packaging market is segmented into active packaging, interactive packaging and intelligent packaging. Active packaging holds the largest share in the market as it increases the shelf life of the product and intelligent packaging is the fastest growing segment as it registers a highest CAGR in the market.
- Based on end-user, connected packaging market is segmented into food, beverages, healthcare, personal care and others. Food and beverages holds the largest market share due to rising demand of the packaged food in the market.
Connected Packaging Market Country Level Analysis
Connected packaging market is analysed and market size, volume information is provided by country by technology used and end-user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the large market share of U.S. in the connected packaging market due to the rising investment in research and development while the Asia-Pacific region is expected to grow at the highest growth rate in the forecast period 2020 to 2027 due to the rising demand of the connected packaging.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while provided forecast analysis of the country data.
Competitive Landscape and Connected Packaging Market Share Analysis
Connected packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to connected packaging market.
The major players covered in the report are BALL CORPORATION, Amcor plc, BASF SE among other players domestic and global. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa, and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Connected Packaging Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.