Summary
Global Intelligent Packaging Market Size, Share, Report: by product (Gas Scavengers, Corrosion Control Packaging, Moisture Control Packaging, Subsector Packaging, QR Code, and others), Application (Food & Beverages, Pharmaceuticals, Automotive, Electronics, and others), and Region - Forecast to 2023
Intelligent Packaging Market Size Overview
The evolution of packaging materials is being fuelled by the development of products like intelligent packaging. Reports that investigate the packaging and transport industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market is expected to benefit from a surging CAGR in the forecast period.
The inclination towards packaging that protects, monitors and interacts with the user, is motivating the Intelligent Packaging Market Size. The growth in the Intelligent Packaging Market Size is expected to be motivated by the need for the longer shelf life of products, monitoring freshness and improvement in safety and convenience. The upgradation in safety & quality indicators is expected to motivate the market in the upcoming period.
Intelligent Packaging Market Prospects
The global Intelligent Packaging Market Size is expected to experience massive demand from 2017 to 2023 (forecast period) thanks to increased efforts taken by manufacturers for maintaining the integrity of the product. High demand within the foods industry is projected to be one of the biggest drivers within the market. The use of sensors and indicators for minimizing waste and ensuring the quality of foods can drive the market demand considerably.
Rising numbers in population aided by urbanization and consumerization is predicted to spur the Intelligent Packaging Market Size. In addition, other applications such as ecommerce are likely to rely on such methods to ensure customer service. The logistics industry is another proponent of the Intelligent Packaging Market Size with the help of technologies such as radio frequency identification (RFID) tags and cloud technology for monitoring the transport of goods.
Competitive Landscape
Key market players include
- BASF SE
- International Paper
- Smartrac N.V.
- Huhtamaki Group
- TempTime Corporation
- PakSense
- American Thermal Instruments
- R. Donnelly Sons & Company
- Thin Film Electronics ASA
- Stora Ens
- Avery Dennison
- 3M
Segmentation
The Intelligent Packaging Market Size is segmented by product and application.
By product, it is segmented into corrosion control packaging, subsector packaging, moisture control packaging, gas scavengers, QR code, and others. The gas scavengers segment is expected to hold a large market share over the forecast period due to policies emphasizing on quality and safety. Developments to ensure freshness of foods can boost segment growth. In 2017, Mitsubishi Gas Chemical introduced its oxygen absorbing technology to extend the shelf life of foods.
By application, it is segmented into pharmaceuticals, electronics, automotive, food & beverages, and others. The food & beverages segment is expected to trigger high demand from the market over the assessment period. This can be credited to the burgeoning populace and changing working conditions which rely on packaged foods for sustenance. Increased demand for self-heating and self-cooling applications coupled with long shelf life
Regional Analysis
North America is predicted to be the best-performing region in the global Intelligent Packaging Market Size till 2023. This can be attributed to changing lifestyles of consumers and their purchasing power.
The Asia Pacific (APAC) region can create a huge windfall for the global market thanks to countries of South Korea, China, and India. Rise of foreign direct investment in the retail sector is bound to boost adoption of technology-specific applications. Advanced versions of active packaging which releases controlled dosage of ethanol to keep foods fresh are likely to bolster market demand significantly.
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SummaryGlobal Active and Intelligent Packaging Market Size, Share, Growth, Trends, Analysis, Future Scope: By Technology (Oxygen Scavengers, Moisture Absorbers, Shelf Life Sensing, Temperature Indicators, And Others) By Application (Food & Beverages, Healthcare, Personal Care And Others) And Region- Forecast To 2023Active and Intelligent Packaging Market Synopsis Packaging simplifies the storage and conveyance of goods, which plays a significant role in the functioning of various other industries such as food and beverage, pharmaceuticals and others.
Active & Intelligent packaging extend shelf life, monitor freshness, display information on quality, and improve safety and convenience.
These are used in foods, pharmaceuticals, and several other types of products.The increase in the demand for packaged goods, consumer convenience,manufacturers focus on the longer shelf life of the food products are active in the market.
However, high implementation cost and huge investment in research and development for better products development are restraining the market growth.
This market is expected to value at USD 23.76 billion at a projected Regional AnalysisThe global market is segmented on the basis of geography: Asia Pacific, North America, Europe, and the Middle East & Africa.
Regions such as North America and Europe are dominating the Active and Intelligent Packaging Market due to stringent legislation regarding food and beverage packaging and technological advances in the field of active packaging.
The packaging & transport industry reports are produced by Market Research Future, which highlights market options for expansion.
The market is predicted to see a steady CAGR growth in the forecast period.Several packages require regular monitoring of various aspects of the package, such as the inner atmosphere of the package; this is easily achieved in intelligent packages.
This need is expected to prompt the fast-paced development of the intelligent packaging market in the coming period.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1999Competitive AnalysisThe state of technological development is estimated to be staggered as the development of the global market is at a relative standstill.
The weakening of trade channels is projected to present new challenges that have to be overcome expediently in the coming years.
The establishment of a definite competitive advantage is estimated to spur market development in the forecast period.
The need to invest in building a robust consumer base is estimated to rank on the top priorities of market leaders for the upcoming period.The notable contenders bolstering the Intelligent Packaging Market are TempTime Corporation (U.S.), PakSense (U.S.), BASF SE (Germany), R.R.
Slip Additives - MARKET ADVISORY SERVICES
Slip Additives report researches the worldwide its market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.This study categorizes the global Slip Additives breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.Slip Additives can be added to plastic for enhancing the performance of plastics
The ecosystem of the slip additives market comprises manufacturers of Slip Additives, such as Fine Organics (India), Croda (UK), PMC Biogenix (US), Lubrizol (US), Afton (US), BASF (Germany), Emery Oleochemicals (Malaysia), Honeywell (US), Evonik (Germany), BYK Additives (Germany), and Lonza (Switzerland), and packaging industries, such as Amcor Limited (Australia), Constantia Flexibles Group (Austria), Sealed Air Corporation (US), and Bemis Company, Inc (US).
Global Slip Additives market size will increase to 270.1 Million US$ by 2023, from 200 Million US$ in 2017, at a CAGR of 5.12% during the forecast period.
In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Slip Additives.
This report focuses on the top manufacturers' Slip Additives capacity, production, value, price and market share of Slip Additives in global market.
They help extend shelf life, monitor freshness, display information on quality, improve safety, and improve user convenience.
It is used by the packaging producers to retain nutrient value and product freshness at competitive pricing.
New technologies such as intelligent packaging, active, smart packaging, and modified atmosphere packaging are replacing traditional methods such as canning.Today, active, smart, and intelligent packaging market growth is gaining traction driven by the advanced transport facilities available across the globe.
The food industry in particular, which is currently at its peak, is the primary growth driver of the global active, smart, and intelligent packaging market.
However, the growth of the market is likely to be restrained by the massive high costs of implementation due to the huge money being invested in the research and development of better products.
Application wise, the active, smart, and intelligent packaging market can be classified into food & beverages, pharmaceuticals, cosmetics, and others.Get Request for Discount: http://www.marketgrowthanalysis.com/reports/enquiry/146Some of the key players in active, smart, and intelligent packaging market are Amcor Ltd., Graham Packaging Company Inc., Landec Corp., Ball Corp., Timestrip, plc, VIP Packaging, Sealed Air Corp., SYSCO Corp., and Mitsubishi Gas Chemical.North America is leading the market for advanced packaging system owing to the increased health awareness among population and increasing urban lifestyles.
