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Smart Packaging Market: By Technology, Active Packaging, Intelligent Packaging, By End User and Geography
Smart Packaging Market: By Technology, Active Packaging, Intelligent Packaging, By End User and Geography
Smart Packaging Market size was valued at US$ 36.2 billion in 2023 and is projected to reach US$ 48.61 billion by 2030 at a CAGR of 4.3% from 2024 to 2030. The market report gives a comprehensive outlook across the regions like North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report on gives historical, current, and future market sizes (US$ Mn) on the basis of technology type, end-use, and country. This report studies Smart Packaging dynamics elaborately to identify the current market trends and drivers, future opportunities, and possible challenges to the key stakeholders operating in the market.
In addition, the Smart Packaging market report includes competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the Countries (Country Investment hot spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers, and recent market activities. Key players are actively engaged in collaborations, acquisitions, new technological innovations, and product launches to strengthen their tract in the global market.
Study Period
2024-2030Base Year
2023CAGR
4.3%Largest Market
North AmericaFastest Growing Market
Europe
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. 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. However, high cost of active and intelligent packaging is projected to hamper the global smart packaging market growth.
North America accounted for the largest share in the global smart packaging market growing working population and increasing demand for interactive and improved packaging solutions account for the expected growth in the market in the region. The United States is a popular hub for the consumer markets, which forms a major part of the workforce.
The demand for foods and beverages has risen markedly, due to the growing population (both, from within and due to immigration). To meet the huge demands of the food industry, there has been a significant increase in the volume of import of food from different regions across the world, thus, driving the demand for smart packaging solutions in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 36.2 billion |
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Market Size in 2030 |
US$ 48.61 billion |
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Market CAGR |
4.3% |
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By Technology |
|
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By End User |
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By Region |
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Download Free Sample Report
The global smart packaging market size was valued at US$ 36.2 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024-2030.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
The smart packaging market key players are: Sealed Air Corporation, Bemis Company Inc., Winpak Limited, Point Five Packaging Llc., Dansensor AS, Praxair, Inc., Berry Global Inc., Ball Corporation, Desiccare Inc., Linpac Packaging Limitied, Coveris Holdings SA, BASF SE, Huhtamaki Group, Amcor Limited
| 1. Executive Summary |
| 2. Global Smart Packaging Market Introduction |
| 2.1.Global Smart Packaging Market - Taxonomy |
| 2.2.Global Smart Packaging Market - Definitions |
| 2.2.1.Technology |
| 2.2.2.End User |
| 2.2.3.Region |
| 3. Global Smart Packaging Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Smart Packaging Market Analysis, 2019-2023 and Forecast 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Smart Packaging Market By Technology, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Modified Atmosphere Packaging (MAP) |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Active Packaging |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Intelligent Packaging (IP) |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Smart Packaging Market By End User, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Food & Beverages |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Personal Care |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Healthcare |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Automotive |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Smart Packaging Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. North America Smart Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 8.1. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Modified Atmosphere Packaging (MAP) |
| 8.1.2.Active Packaging |
| 8.1.3.Intelligent Packaging (IP) |
| 8.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Food & Beverages |
| 8.2.2.Personal Care |
| 8.2.3.Healthcare |
| 8.2.4.Automotive |
| 8.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9. Europe Smart Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Modified Atmosphere Packaging (MAP) |
| 9.1.2.Active Packaging |
| 9.1.3.Intelligent Packaging (IP) |
| 9.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Food & Beverages |
| 9.2.2.Personal Care |
| 9.2.3.Healthcare |
| 9.2.4.Automotive |
| 9.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10. Asia Pacific (APAC) Smart Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Modified Atmosphere Packaging (MAP) |
| 10.1.2.Active Packaging |
| 10.1.3.Intelligent Packaging (IP) |
| 10.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Food & Beverages |
| 10.2.2.Personal Care |
| 10.2.3.Healthcare |
| 10.2.4.Automotive |
| 10.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11. Middle East and Africa (MEA) Smart Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Modified Atmosphere Packaging (MAP) |
| 11.1.2.Active Packaging |
| 11.1.3.Intelligent Packaging (IP) |
| 11.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Food & Beverages |
| 11.2.2.Personal Care |
| 11.2.3.Healthcare |
| 11.2.4.Automotive |
| 11.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12. Latin America Smart Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Modified Atmosphere Packaging (MAP) |
| 12.1.2.Active Packaging |
| 12.1.3.Intelligent Packaging (IP) |
| 12.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Food & Beverages |
| 12.2.2.Personal Care |
| 12.2.3.Healthcare |
| 12.2.4.Automotive |
| 12.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Sealed Air Corporation |
| 13.2.2.Bemis Company Inc. |
| 13.2.3.Winpak Limited |
| 13.2.4.Point Five Packaging Llc. |
| 13.2.5.Dansensor AS |
| 13.2.6.Praxair, Inc. |
| 13.2.7.Berry Global Inc. |
| 13.2.8.Ball Corporation |
| 13.2.9.Desiccare Inc. |
| 13.2.10.Linpac Packaging Limitied |
| 13.2.11.Coveris Holdings SA |
| 13.2.12.BASF SE |
| 13.2.13.Huhtamaki Group |
| 13.2.14.Amcor Limited |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.