The global active, smart, and intelligent packaging market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period. Smart, active, and intelligent packaging are solutions that are connected, interactive, and context-aware, it is designed to improve product quality, ensure safety, prevent counterfeiting, and increase product shelf life. Moreover, the advent of numerous technologies such as Radio-Frequency Identification (RFID), Near-field Communication (NFC), and Quick Response codes (QR codes), and the rising inclination of consumer preferences toward obtaining sustainable packaging solutions drives the market growth. According to the Trivium 2021 Global Buying Green Report, 54% of consumers consider sustainable packaging when choosing a product, and consumers younger than 44 years old are leading this change, 83% indicate that they are willing to pay more for sustainably produced products.
Moreover, technological advancements and innovative products unveiled by major players such as Sealed Air, Sysco Corp., and Timestrip UK Ltd., further boost the market growth. for instance, in June 2022, Sealed Air integrated digital technologies with physical packaging, including flexible packaging used for food, through its new prismiq digital packaging brand. The digital printing portion of the prismiq portfolio offers brand owners greater print flexibility and more personalization options, and provides a path to deeper relationships with consumers, based on engaging digital experiences, as well as improved supply chain transparency. In addition, in August 2021, KPS Capital Partners completes its acquisition of Crown Holdings Inc.'s EMEA food and consumer packaging business and named Eviosys. The new venture delivers smart, sustainable packaging solutions to its customers.
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Market Coverage
The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Packaging Type
By Function
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape – include 3M Co., Amcor Group GmbH, Ball Corp., CCL Industries Inc., Coveris Management GmbH, and others.
Active, Smart, and Intelligent Packaging Market Report Segment
By Packaging Type
Active Packaging
O2 Scavenging Sachets
MAP
Smart and Intelligent Packaging
TTI Labels
Freshness Indicators
RFID Tags
By Function
Moisture Control
Temperature Indicators
Shelf Life Sensing
Product Tracking
By Application
Food and Beverages
Personal Care
Healthcare
Automotive
Consumer Electronics
Others
A full Report of Active, Smart, and Intelligent Packaging Market is Available @ https://www.omrglobal.com/industry-reports/active-smart-and-intelligent-packaging-market
Active, Smart, and Intelligent Packaging Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
3M Co.
Amcor Group GmbH
Ball Corp.
CCL Industries Inc.
Coveris Management GmbH
Crown Holdings, Inc.
Cryolog
Eastman Chemical Co.
Filtration Group Corp.
Sealed Air Corp.
Sysco Corp.
Timestrip UK Ltd.
Varcode Ltd.
VIP Packaging
Vitsab International
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