The article cited AMA's Global Intelligent Packaging Market Study explored substantial growth with CAGR of 14.8%. According the report, Rising Adoption of Intelligent Packaging from the Manufacturers and Retailers for Having Information Regarding Food Products While Storage and Shipping is one of the primary growth factors for the market. Increasing usage of active components in food packaging, which required means of monitoring overall packaging conditions. This system also helps in reducing food waste, achieving higher food safety, consumer convenience and others. is also expected to contribute significantly to the Intelligent Packaging market. Overall, Dairy Products
applications of Intelligent Packaging, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Jones Packaging (Canada), 3M (United States), Du Pont (United States), BASF (Germany), Amcor (Australia), Campden Bri (United Kingdom), Honeywell International Inc. (United States), Kezzler (Norway), SYSCO Corp. (United States) and Sealed Air Corp. (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The End Users, such as Food, is boosting the Intelligent Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Technology, such as Interactive Packaging {Barcodes, RFID Tags, Sensor –Enabled RFID Tags}, is boosting the Intelligent Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Material, such as Metal, is boosting the Intelligent Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Intelligent Packaging market identified that the demand is rising in many different parts of the world as "Advancement in Demographic and Economic, Along With Changing Lifestyle
". Furthermore, some recent industry insights like "In Sep 2019, Kezzler and ARCA Etichette announced the strategic partnership to market Kezzler Authenticate. This solution authenticates in the pharmaceutical, chemical, cosmetics, and food industries. Kezzler is focusing on becoming a digital brand to provide an end-to-end solution which enable consumers to verify their products by consumers." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Consumer Awareness"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Intelligent Packaging market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Intelligent Packaging market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Intelligent Packaging market tight? Which application/end-user category or Product Type [Active Intelligent Packaging, Controlled Intelligent Packaging and Smart Intelligent Packaging] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Intelligent Packaging market and other related sub-markets covered in the study.
o Key & emerging players in the Intelligent Packaging market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Intelligent Packaging market size is calculated using market estimation process, the Intelligent Packaging market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Intelligent Packaging market size has been validated using both top-down and bottom-up approaches.