Global Smart Packaging Market Research Report - Forecast to 2025
Published | 24 June 2019
According to Blueweave Consulting, the Global Smart
Packaging Market is estimated to grow at a CAGR of X.XX% and projected to reach
USD XX.XX Billion by 2025. Smart packaging is a packaging system that provides
extra functionalities like extend shelf life, monitor freshness, display
information on quality, increase safety, along with the traditional basic three
functions of packaging that is protection, communication and containment.
Used for various
applications includes food & beverages, automotive, healthcare, personal
care, and several other types of products. It offers numerous benefits over
conventional packaging, like augmented shelf life, lessen counterfeiting,
improved safety coupled with low cost, and stress-free implementation, among
others.
The global smart
packaging market is segmented on the basis of technology, application and
region. Based on the technology, the market is bifurcated into active
packaging, intelligent packaging and MAP.
Intelligent packaging segment is projected to grow with the highest rate
CAGR of X.XX%. On the basis of applications, the market divided into food &
beverage, automotive, healthcare, personal care and others. Among them, food
and beverage segment holds the largest market share with a CAGR of X.XX% over
the forecast period.
Smart packaging is a smart technique to boost the
traceability and shelf life of the product. It also helps in the prevention of
food decomposition, improvement of product traits like taste, flavor, and
aroma, easy communication of product info, product history, and the guarantee
of seal integrity with brand protection, and waste reduction. Increasing health
awareness among the consumers is one of the most important factors projected to
fuel the demand of smart packaging during the forecast period 2019-2025.
Study Objectives of
Global Smart packaging Market
·
To analyze and forecast market size of the
Global Smart packaging market, in terms of value.
·
To examine the careful market segmentation and
forecast the market size, in terms value, on the basis of region by segmenting
entire Smart packaging market into five regions, namely, North America, Europe,
Asia Pacific, Middle East and their leading countries.
·
To outline, categorized and forecast the global
smart packaging market on the basis of technology and application.
·
To examine competitive developments like
expansions, technological advancement, services, and regulative framework
within the Global Smart packaging market.
·
To highlight the impact analysis of the factors,
affecting the market dynamics such as drivers, restraints, opportunities, and
challenges.
·
To strategically profile the key players and
comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.
·
Manufactures
·
Raw materials suppliers
·
Aftermarket suppliers
·
Research institute & education institute
·
Potential investors
·
Key executive (CEO and COO) and strategy growth
manager
Regional Analysis of
Global Smart packaging Market
Europe dominates the global smart packaging market with
XX.XX% of share in 2018, in terms of value. It is likely to grow at a CAGR of
X.XX% during the forecast period 2019-2025.
Asia Pacific is anticipated to be the fastest growing region with a CAGR
of X.XX% and likely to touch a market size of USD X.XX Billion by 2025 during
the forecast period.
The regional analysis
also includes –
North America
·
US
·
Canada
Europe
·
Germany
·
U.K.
·
France
·
Italy
·
Russia
·
Rest of Europe
Asia – Pacific
·
China
·
Thailand
·
India
·
Australia
·
Others
MEA
·
Saudi Arabia
·
UAE
·
Rest of MEA
·
Brazil
·
Argentina
·
Rest of Latin America
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