The terms active packaging, intelligent packaging, and smart packaging refer to packaging systems used with foods, pharmaceuticals, and several other types of products. They help extend shelf life, monitor freshness, display information on quality, improve safety, and improve convenience.
The market in Asia Pacific is expected to show a remarkable increase in revenue share – from about 15% by the end of 2017 to almost 21% by the end of 2025, registering an increase of a remarkbale 550 basis points in value share over the period.
Food & Beverage sector is the biggest downstream user of Active, Smart and Intelligent Packaging, accounting for 18% in 2017.
The Active, Smart, and Intelligent Packaging Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Active, Smart, and Intelligent Packaging industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Active, Smart, and Intelligent Packaging by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Active, Smart, and Intelligent Packaging market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Active, Smart, and Intelligent Packaging market for 2015-2027.
Key Companies
PakSense
Landec
Sealed Air
Bemis
Crown
Amcor
3M
Timestrip
Cryolog
Vitsab International
Varcode
LCR Hallcrest
Thin Film Electronics
CCL
Temptime
Multisorb Technologies
Coveris
Active, Smart, and Intelligent Packaging Market by Type
O2 Scavenging Sachets
MAP
TTI Labels
Freshness Indicators
RFID Tags
Active, Smart, and Intelligent Packaging Market by Application
Food & Beverage
Pharmaceuticals
Cosmetics
At the same time, we classify Active, Smart, and Intelligent Packaging according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Active, Smart, and Intelligent Packaging market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Active, Smart, and Intelligent Packaging market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Active, Smart, and Intelligent Packaging market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Active, Smart, and Intelligent Packaging market for the forecast period 2021 - 2027?
• What are the driving forces in the Active, Smart, and Intelligent Packaging market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Active, Smart, and Intelligent Packaging industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
For any other requirements, please feel free to contact us and we will provide you customized report.