Global $42.75Bn Smart Packaging Market by Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging and Geography - Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 18, 2018--The “Global Smart Packaging Market - Segmented by Active Packaging (Oxygen Scavengers, Microwave Susceptors, and Odor Absorbers), Intelligent Packaging, Modified Atmosphere Packaging, and Geography - Growth, Trends and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global smart packaging market was valued at USD 33.19 billion in 2017, and is expected to reach USD 42.75 billion by 2023, registering a CAGR of 4.15% over the forecast period of 2018-2023.
The demand for longer shelf lives of food products and the increasing emphasis on reducing the use of preservatives in food products have spurred the demand for smart packaging solutions. Additionally, the need for minimally processed products is on the rise, and this has resulted in the need for new and innovative packaging solutions.
As food & consumer product market is expected to have a large growth margins over the forecast period, this may proportionally influence the increase of expenditure on packaged goods, and in particular food and personal care products, thus, driving the smart packaging market forward.
Key HighlightsGrowing Need for Longer Shelf Life of Food Products and Changing Lifestyle expected to Drive the Smart Packaging Market Oxygen Scavenger Technology Expected to Lead the Smart Packaging Market North America Expected to Lead the Smart Packaging Market
2. Research Approach and Methodology
3. Executive Summary
4. Smart Packaging Market Dynamics
5. Technology Snapshot
6. Global Smart Packaging Market Segmentation By Technology
7. Global Smart Packaging Market Segmentation By End-user Vertical
8. Global Smart Packaging Market Segmentation By Region
9. Competitive Intelligence - Company Profiles
10. Investment Analysis
11. Future of the Smart Packaging Market
Companies ProfiledSealed Air Corporation Bemis Company Inc. Winpak Limited Point Five Packaging LLC Dansensor AS Praxair Inc. Berry Global Inc. Ball Corporation Desiccare Inc. Linpac Packaging Limited Coveris Holdings S.A. BASF SE Huhtamaki Group Amcor Limited
For more information about this report visit https://www.researchandmarkets.com/research/zg5bn3/global_42_75bn?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181218005556/en/
Laura Wood, Senior Press Manager
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: MANUFACTURING PACKAGING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/18/2018 10:19 AM/DISC: 12/18/2018 10:19 AM