Global Active, Smart & Intelligent Packaging Market (2021-2027) by Type, Application, End-User, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
The Global Active, Smart & Intelligent Packaging Market is estimated to be USD 37.6 Bn in 2021 and is expected to reach USD 62.71 Bn by 2027, growing at a CAGR of 8.9%.
The Global Active, Smart & Intelligent Packaging Market is witnessing high growth due to the increasing awareness and demand for fresh and hygienically packaged food products followed by the high use of smart devices by individuals. In order to deliver such efforts consistently, manufacturers are constantly monitoring the quality of food sources and the product packaging. These factors have led to the adoption of active, smart, and intelligent packaging solutions thereby driving the market growth.
However, the rising implementation costs along with potential operational failures are responsible for slowing down the growth of the market.
The Global Active, Smart & Intelligent Packaging Market is segmented further based on Type, Application, End-User, and Geography.
By Type, the market is classified as Paper, Plastic, Metal, Glass & Wood, and Others. Amongst all, the plastic and the paper segment is estimated to hold the highest market share.
By Technology, the market is classified as active packaging, modified atmospheric packaging, and Intelligent Packaging. Amongst all, the active packaging segment is estimated to hold the highest market share.
By End-User, the market is classified as Food, Beverage, Pharmaceuticals, Industrial, Logistics, and Others. Amongst all, both Food and Beverage segments are estimated to hold the high market share.
By Geography, APAC is projected to lead the market.
1. Avery Dennison along with Schreiner MediPharm and PragmatIC Semiconductor is utilizing NFC technology to extend smart packaging to the pharma sector to improve patient safety and experiences.-16th December 2020
2. Westrock has launched a connected packaging solution with Digimarc Barcodes to provide real-time, connected digital intelligence to billions of WestRock packages, in-store signs, and displays. - 13th January 2017
Some of the companies covered in this report are Mitsubishi Gas Chemical Company, Dessicare Inc., Sysco Corp., Amcor Limited etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyse and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Active, Smart & Intelligent Packaging Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using IGR Competitive Quadrant, Infogence’s proprietary competitive positioning tool.
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