Global Smart Packaging Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Smart Packaging Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Technology (Active Packaging, and Intelligent Packaging), End-user Vertical (Food, Beverage, Healthcare, Personal Care, and Other End-user Verticals), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Smart Packaging Market was valued at USD 28,839.5 million in 2023 and is expected to reach USD 46,313.8 million by 2031 while growing at a CAGR of 6.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global smart packaging market growth. Smart packaging integrates electronic components, sensors, and interactive features, extending beyond its traditional role of protecting and containing products. This technology allows packaging to interact with consumers, monitor product conditions, and provide information across the supply chain.
Increasing consumer demand for detailed product information, including sourcing, ingredients, and usage instructions, along with the need for product authentication and anti-counterfeiting measures, propels the growth of the smart packaging market. Yet, challenges such as cost, complexity, and data security and privacy concerns could hinder market expansion.
Furthermore, the global smart packaging industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Technology Analysis
The Global Smart Packaging Market is segmented among Active Packaging, and Intelligent Packaging, based on Technology. In 2023, Active Packaging accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End-user Vertical Analysis
The Global Smart Packaging Market is segmented among Food, Beverage, Healthcare, Personal Care, and Other End-user Verticals, based on End-user Vertical. In 2023, Food accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Smart Packaging Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Sealed Air Corporation, Amcor PLC, Ball corporation, BASF SE, Huhtamaki OYJ, Stora Enso, Avery Dennison Corporation, Zebra Technologies Corporation, 3M Company, and International Paper Company.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Smart Packaging Market Dynamics
Drivers
Restraints
Opportunity
4. Global Smart Packaging Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Smart Packaging Market Segmentation, By Technology
Global Smart Packaging Market Share Analysis, By Technology
Global Smart Packaging Market Growth Analysis, By Technology
Global Smart Packaging Market Trends, By Technology
o Active Packaging
o Intelligent Packaging
6. Global Smart Packaging Market Segmentation, By End-user Vertical
Global Smart Packaging Market Share Analysis, By End-user Vertical
Global Smart Packaging Market Growth Analysis, By End-user Vertical
Global Smart Packaging Market Trends, By End-user Vertical
o Food
o Beverage
o Healthcare
o Personal Care
o Other End-user Verticals
7. Global Smart Packaging Market Segmentation, By Region
Global Smart Packaging Market Share Analysis, By Region
Global Smart Packaging Market Growth Analysis, By Region
Global Smart Packaging Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Sealed Air Corporation*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Amcor PLC
Ball corporation
BASF SE
Huhtamaki OYJ
Stora Enso
Avery Dennison Corporation
Zebra Technologies Corporation
3M Company
International Paper Company
*Similar analysis will be provided for each company listed above.
