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
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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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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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- Over 100+ paid data sources mined for investigation.
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