Smart Packaging: Global Market Outlook

Report Code: CHM183A

Publish Date: Feb 2023

Publisher: BCC Publishing

Category: Chemicals

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Report Highlights

This report provides an overview of the smart packaging industry based on three categories, technology, end-user, and regions. It estimates the global market for smart packaging in 2021 and provides projections for the expected market size through 2027. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on technology, end-user, and geography. Further, the report also analyzes the industry structure, market dynamics, and supply chain analysis of the smart packaging industry.

Report Includes

  • 14 data tables and 5 additional tables
  • A brief general outlook of the global market for smart packaging technologies
  • Analyses of the global market trends, with historic market revenue (sales figures) for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of market opportunities for this innovation-driven smart packaging market, and the major regions and countries involved in market developments
  • Estimation of the actual market size and revenue forecast for smart packaging market in USD million values, and corresponding market share analysis based on technology type, end user, and region
  • Discussion of the major growth drivers and industry-specific challenges that will shape the market for smart packaging solutions as the basis for projecting demand in the next few years (2022-2027)
  • Holistic review of the impact of the COVID-19 pandemic and the Russia-Ukraine war on the market for smart packaging products and solutions
  • Identification of the major stakeholders and analysis of the company competitive landscape based on recent developments, financial performance, and segmental revenues
  • Company profiles of major players within the industry, including Amcor plc, International Paper, Smurfit Kappa, Stora Enso, and WestRock Company

Report Scope

This report provides a comprehensive analysis of the smart packaging industry based on three categories, technology, end-user, and regions. The technologies are segmented into three major types: active packaging, intelligent packaging, and connected packaging. A detailed estimate and forecast of the global market by end-user is provided under the categories of food & beverages, pharmaceutical, personal care & cosmetics, automotive, and others. The report also examines and quantifies the smart packaging market based on regions. Further, the report analyzes the industry structure, market dynamics, and supply chain analysis of the smart packaging industry.

The report estimates the global market for smart packaging in 2021 and provides projections for the expected market size through 2027. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on technology, end-user, and geography. Market values have been estimated based on the total revenue of smart packaging solution providers.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $42 billion
Market size forecast $59.8 billion
Growth rate CAGR of 6.1% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered Technology, End-User, Region
Key Market Drivers
  • Advancement in Technology in Food Packaging
  • Increasing Use of Connected Packaging Technology
Companies studied
AMCOR PLCAVERY DENNISON CORP.
INTERNATIONAL PAPER CO.SEALED AIR
SMURFIT KAPPASTORA ENSO OYJ
TETRA PAKWESTROCK CO.
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Frequently Asked Questions (FAQs)

The smart packaging market is projected to grow from $42.0 billion in 2021 to $59.8 billion in 2027, at a compound annual growth rate (CAGR) of 6.1% during the forecast period.
The key factors driving the growth of smart packaging market includes
  • Advancement in technology in food packaging
  • Increasing use of connected packaging technology
The smart packaging market is segmented on the basis of technology, end-user, and region.
Connected packaging segment will dominate the market by the end of 2027.
North America holds the highest share in the market.
Key companies in the market includes Amcor plc, Avery Dennison Corporation, Sealed Air, Smurfit Kappa, Stora Enso, Tetra Pak, WestRock Company, and Others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Smart Packaging: Global Market Outlook55Free

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Smart Packaging: Global Market Outlook
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