Active, Smart and Intelligent Packaging Market Size and Forecast to 2025

1. Active, Smart and Intelligent Packaging Market expands with advanced transportation facilities Active, Smart and Intelligent Packaging Market foreseen to garner a CAGR of 8% by 2025 North America holds the lion’s share in Active, Smart and Intelligent Packaging Market Market overview: The global active, smart and intelligent packaging market was valued at USD 163.9 billion in 2019 and is anticipated to reach USD 237.6 billion by 2025 at a CAGR of 7.8% during the outlook period. Active, Smart and Intelligent Packaging is the type of packaging systems used in pharmaceuticals, food and other types. It helps extend shelf life, monitor freshness, display quality information, enhance safety, and user comfort. New technologies such as smart packaging, active packaging, and mood-changing packaging are replacing traditional methods like canning. This is used by packaging producers to maintain the nutritional value and freshness of the product at competitive prices. Recent developments: •In June 2018, Tyco Retail Solutions launched the new Sensormatic health, beauty and cosmetic labels to provide anti-theft capabilities for cosmetics due to size and shape limitations. Market Drivers and Restrains: The growing demand for Active, Smart and Intelligent Packaging in the consumer goods, food and beverage and pharmaceutical sectors may be due to the increased demand for public relations, advertising, marketing, branding and public relations activities in these sectors. The huge demand to extend the shelf life of food products will further promote business growth and reach. Smart packaging is a combination of smart, modified and active standby packaging methods specifically designed to extend and control shelf life. The high-end packaging market is driven by increased awareness of the health benefits and

2. authenticity and safety of products. Additionally, the company prefers high-end packaging as counterfeit products on the market increase. Advanced marketing reinforces and replaces existing packaging technology due to its ability to improve the visual appearance of products. In particular, the food industry at its current peak is a major growth engine for the global market for Active, Smart and Intelligent Packaging. The growing demand for packaged food, ready-to-cook food, better quality and freshness has led manufacturers to an increased interest in communicating and meeting their customers' requirements through them, leading to increased interest in premium packaging. In addition to this, smart and active packaging facilitates the bulk transportation process. However, a lot of money is spent researching and developing better products, which will likely limit market growth due to huge implementation costs. Key players focus on developing products at minimal cost and ensuring high-quality service delivery. To know more read: https://www.marketdataforecast.com/market-reports/global-active-smart-and- intelligent-packaging-market Report is segmented as: The Active, Smart and Intelligent Packaging market is segmented by application, technology, and region. On the basis of technology, the market is segmented into refurbished atmospheric technology, active packaging and smart packaging. On the basis of the application, the market is segmented into automotive, medicine, food and beverage, personal care and others. Geographical Segmentation: North America leads the market for Active, Smart and Intelligent Packaging system as public health awareness increases and city life increases. Europe is the second largest region after North America in terms of revenue generation due to strict regulations and the growing demand for sustainable packaging. However, APAC is expected to experience high growth rates in the region, especially in India and China, as the lifestyles of people in the region increase and the ability to pay for those demanding hygiene and quality products increases. Key market players:

3. Key players operating in this Active, Smart and Intelligent Packaging market include Sealed Air Corporation, 3M, Amcor Limited, BASF SE, MeadWestvaco Corporation, Huhtamaki Group, Sonoco Products Company, EI Du Pont De Nemours and Company, Graham Packaging, Avery Dennison Corp. and Ball Corp. View sample and decide: https://www.marketdataforecast.com/market-reports/global-active-smart-and- intelligent-packaging-market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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