Smart Packaging Market Outlook to 2022: Emerging Trends and Will Generate New Growth Opportunities Status

Smart Packaging Market is expected to reach $37,797 million by 2022, registering a CAGR of 7.8% during the forecast period. Oxygen scavenger is the most widely used active packaging system, particularly for foods. The presence of oxygen in a packaged material increases the oxidative depreciation of food. Oxygen takes care of overall shelf life ability of muscle food products. Thus, the control of oxygen levels in food packaging is necessary to restrict the rate of such spoilage reactions in food. Thus, it is projected to grow at the fastest rate, which increases the global smart packaging market size.

Changes in lifestyle patterns due to rapid urbanization and increase in consumption of beauty products and cosmetics with packaging advancement technology drive the global smart packaging industry. In addition, untapped geographical regions offer enormous opportunities to the smart packaging market, which further fosters the overall smart packaging industry. However, high cost of active and intelligent packaging is projected to hamper the global smart packaging market growth.

Major Key Players of the Smart Packaging Market are:
Crown Holdings , Constar International , Ball Corporation, Bemis Company, Ampacet Corporation, Graham Packaging Company Inc., Multisorb Technologies, Sysco Corporation (Fresh Point Services), Timestrip, PLC, and Rexam PLC.

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The smart packaging industry is classified into food & beverage industry, automotive, healthcare, personal care, logistics and others. However, automotive industry is the second fastest growing industry by 2022. The adoption of sensors or similar technologies in a vehicle has gone a mandate in some of the Asian countries, such as Australia, India, and others. For instance, in September 2012, the Indian government announced installation of GPS-based device on a motor vehicle that constantly tracks the speed limit of a vehicle. In case of an excessive speed, the inbuilt system would cut fuel to an engine and slow the vehicles speed.

Major Types of Smart Packaging covered are:
Active Packaging
Gas Scavengers
Corrosion Control Packaging
Moisture Control Packaging
Others
Intelligent Packaging
Time Temperature Indicator
Thermochromic Inks
Radiofrequency Identification (RFID)
Modified Atmosphere Packaging

Major Applications of Smart Packaging covered are:
Food & Beverage
Personal care
Automotive
Healthcare
Logistics
Others

Research objectives:-– To study and analyze the global Smart Packaging consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Smart Packaging market by identifying its various sub-segments.
– Focuses on the key global Smart Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Smart Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Smart Packaging Market Size
2.2 Smart Packaging Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Smart Packaging Market Size by Manufacturers
3.2 Smart Packaging Key Players Head office and Area Served
3.3 Key Players Smart Packaging Product/Solution/Service
3.4 Date of Enter into Smart Packaging Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Smart Packaging Sales by Product
4.2 Global Smart Packaging Revenue by Product
4.3 Smart Packaging Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Smart Packaging Breakdown Data by End User

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In the end, Smart Packaging industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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