Smart Packaging Market Analysed by M&M in Insightful Research Study Available at MarketPublishers.com10 Jun 2015 • by Natalie Aster
LONDON – Today, smart packaging has won a substantial share of the total pacjaking market due to benefits it allow, including reduced counterfeiting, increased shelf-life, low cost, improved safety and easy implementation, among ohers. Smart packahing is recognized as a unique combination of modified, intelligent and active packaging techniques, designed to extend and also monitor shelf life of products.
The worldwide smart packaging market is following an upward trend at present primarily owing to the rising demand for fresh, safe, healthy and hygienic products. By the year 2020, the market for smart packaging is predicted to achieve the value of USD 39,7 million, posting a CAGR of around 4.8%. Food, beverage and healthcare segments are likely to boost growth in the smart packaging market. Furthermore, the APAC market for smart packaging is anticipated to see the highest growth rates in the years to come.
3M, TempTime Corporation, American Thermal Instruments, BASF SE, International Paper, Thin Film Electronics ASA, Huhtamaki Group, and Smartrac N.V. are among the major participants in the global smart packaging market.
Insightful research report “Smart Packaging Market by Technology (Active, Intelligent, and MAP), Industry Vertical (Food & Beverages, Automotive, Healthcare, Personal Care, and Others) & Geography - Global Forecast to 2020” created by MarketsandMarkets draws up a clear picture of the global smart packaging market performance.
The research study uncovers the market major trends as well as traces the market dynamics. The report includes a detailed overview of the key market growth drivers, restraints, opportunities and challenges. Five-year forecasts for the market are available in the publication, too. Moreover, the report thoroughly examines the market competitive landscape and provides profiles of the companies, enjoying substantial shares of the market examined. Additionally, the relevant information on mergers and acquisitions, collaborations, partnerships, new product developments, and other important activitie within the world smart packaging market is provided in the research report.
Smart Packaging Market by Technology (Active, Intelligent, and MAP), Industry Vertical (Food & Beverages, Automotive, Healthcare, Personal Care, and Others) & Geography - Global Forecast to 2020
Date: May, 2015
Price: US$ 4,650.00
To find more comprehensive market research reports by the publisher, kindly visit MarketsandMarkets page.