Lucintel's latest market report analyzed that smart packaging provides attractive opportunities in the food & beverage, pharmaceutical, and personal care industries. The smart packaging market is expected to grow at a CAGR of 7%-9%. In this market, active packaging is the largest segment by packaging type, whereas food & beverage is largest by end use.
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Based on packaging type, the smart packaging market is segmented into active packaging and intelligent packaging. The active packaging segment accounted for the largest share of the market in 2020 as it has superior moisture control and corrosion protection properties.
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The smart packaging market is marked by the presence of several big and small players. Some of the prominent players offering smart packaging include Amcor, Ampacet, Ball, Bemis, Constar, Crown, W. R. Grace, Graham Packaging, Innovia Films, Landec, and Mitsubishi Gas Chemical.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
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