The Smart Packaging Market Research Report provides value chain analysis on the revenue for the forecast period 2016-2023 and estimates for each application in terms of market size, share, trend and growth. Smart packaging is a technology that implies to intelligent packaging of consumer and commercial goods. Smart packaging involves techniques which help improve shelf life, maintain the product inside and prevent it from external environment. These packaging are used in the packaging of pharmaceuticals, food, beverages, health care and other end user products. Smart packaging assists consumers to know and sense the product inside packaging materials. Labeling, temperature control, and proper quality description of product are keen feature of smart packaging. Smart packaging also safeguards products from physical damage during shipping and transport.
Several materials like plastic bottles, cardboard cartons, paper and polythene bags and other enclosures are used in smart packaging of products. Global smart packaging market is segmented on the basis of applications as healthcare and pharmaceuticals, food and beverages, automotive and others. Based on technology global smart packaging market is segmented into indicators which include temperature and product quality sensors; tracker that includes RFID and others.
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Food and beverages are major application segment empowering the growth of global smart packaging market. In addition, increasing awareness among consumer groups regarding product information, its quality and quantity are significant factors which boost the rapid growth of global smart packaging market. Advanced technology and special features of smart packaging have replaced conventional ways of packaging. This is another remarkable factor to upsurge the growth of smart packaging market. Moreover, smart packaging have ability to maintain the product and its quality for extended time period which is a factor expected to drive this market for the forecast period. High cost of raw materials is a curbing factor restraining the growth of global smart packaging market.
Global smart packaging market is segmented by geography as Asia Pacific, North America, Europe, Latin America and Middle East and Africa. Key participants in global smart packaging market include BASF SE, 3M, Stora Enso OYJ, PakSense, Avery Dimension, Temptime Corporation, International Paper, R.R. Donnelley Sons & Company, Sealed Air Corporation, Amcor Limited, Huhtamaki Group and MeadWestvaco Corporation.
Major Table Of Contents:
1. Introduction To The Smart Packaging Market
2. Executive Summary
3. Market Analysis Of Smart Pakaging
4. Smart Packaging Market Analysis By Technology
5. Smart Packaging Market Analysis By Application
6. Smart Packaging Market Analysis By Region
7. Competitive Landscape For Smart Packaging Companies
8. Company Profiles Of Smart Packaging Industry
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