The smart packaging market size is expected to reach $39.7 Billion, growing at a CAGR of 4.8% from 2014 to 2020. Smart packaging is utilized in industry verticals such as food & beverages, automotive, healthcare, personal care, and others. The rising demand for healthy, safe, and hygienic food products is expected to drive this market. The market associated with smart packaging is poised to witness tremendous growth. Applications such as food & beverages and healthcare are expected to be high growth areas for this industry.
Complete report on Smart Packaging Market spread across 155 Pages, Profiling 18 Companies and Supported with 72 Tables and 72 Figures is now available at http://www.reportsnreports.com/reports/400731-smart-packaging-market-by-technology-active-intelligent-and-map-industry-vertical-food-beverages-automotive-healthcare-personal-care-and-others-geography-global-forecast-to-2020.html .
Smart packaging market is a smart way to increase the traceability and shelf life of products. The usage of smart packaging helps in the prevention of food spoilage, enhancement of product attributes such as taste, flavor, and aroma; active tracking of changes in products or package environment; easy communication of product information, product history, or condition to consumer; assurance of seal integrity; confirmation of product authenticity; and anti theft prevention.
- Global smart packaging market statistics with detailed classifications based on the respective market size
- Impact analysis of market dynamics with the factors currently driving and limiting the growth of the market, along with their impact in the short, medium, and long term
- Illustrative segmentation, analysis, and forecast of the major geographic markets to give an overall view of smart packaging market
- Detailed competitive landscape with identification of the key players in each type of product and application market, in-depth market share analysis with the respective revenue, market shares, and market share rankings
- Competitive intelligence from the company profiles, key player strategies, and key developments such as product launches and acquisitions
- Complete value chain analysis of the smart package landscape and the impact of various key members on the market
Moreover, it also helps in premium pricing, supply chain management, brand protection, and waste reduction. The report covers the overall smart packaging market on the basis of different types of technologies, industry verticals, and geographies. The major industry verticals considered for this study are food & beverages, automotive, healthcare, personal care, and others.
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Considering the geographic scenario of smart packaging, Europe occupied the top position, followed by the Americas in 2013. The APAC region is expected to exhibit the fastest growth from 2014 to 2020.
Some of the key players in the smart packaging market that have been covered in this report are3M (U.S.), Temp Time Corporation (U.S.), PakSense (U.S.), American Thermal Instruments (U.S.), Avery Dennison (U.S.), R.R. Donnelly Sons & Company (U.S.), BASF SE (Germany), International Paper (U.S.), Stora Enso (Finland), Thin Film Electronics ASA (Norway), Huhtamaki Group (Finland), and Smartrac N.V. (The Netherlands), among others.
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The report also covers the major trends being followed in the smart packaging market,along with the market dynamics, Porter’s analysis, and value chain analysis. The smart packaging market dynamics are categorized under four headers, namely drivers, restraints, opportunities, and challenges. The market related forecasts have been done using these market dynamics.
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