This report provides a comprehensive analysis of the Global Smart and Connected Packaging Market, including historical market sizes from 2019 to 2022 and forecasts for 2024 to 2031. The market is estimated to be valued at USD 45,720 Million in 2023 and is projected to grow to approximately USD 64,890 Million by 2031, reflecting a compound annual growth rate (CAGR) of 5.13% during the forecast period. This growth underscores the increasing demand for advanced data management solutions and highlights the importance of technological innovations in the sector.
The global smart and connected packaging market is rapidly evolving, driven by advancements in technology and increasing consumer demand for innovative packaging solutions. This market encompasses various technologies that enhance packaging functionality, including sensors, RFID (Radio-Frequency Identification), NFC (Near Field Communication), and QR codes. These technologies allow for real-time tracking and monitoring of products, improving supply chain efficiency and product safety. Furthermore, smart packaging offers enhanced consumer engagement through interactive features that provide information about product freshness, usage instructions, and nutritional data. The growing emphasis on sustainability is also shaping the market, as manufacturers seek eco-friendly materials and practices that reduce environmental impact. Key applications span across several industries, including food and beverages, pharmaceuticals, cosmetics, and electronics, each benefiting from the improved traceability and tamper-evident features that smart packaging provides. Additionally, the rise of e-commerce has intensified the need for secure and informative packaging solutions that enhance the consumer experience. The COVID-19 pandemic has further accelerated the adoption of smart packaging, highlighting the importance of hygiene and safety in product delivery. With increasing investments in research and development, the market is witnessing a surge in innovative packaging solutions that cater to the needs of both manufacturers and consumers. Overall, the global smart and connected packaging market is positioned for robust growth, reflecting a shift towards smarter, more efficient, and sustainable packaging solutions.
For the geography segment, regional supply, demand, major players, and price are presented from 2019 to 2031. This report covers the following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
Segments-
By Technology Type
Modified Atmosphere Packaging (MAP)
Active Packaging
Intelligent Packaging
By Technology Type, the market can be segmented into active packaging, passive packaging, and intelligent packaging. Active packaging interacts with the environment to extend shelf life, while passive packaging provides basic protection without interaction. Intelligent packaging includes sensors and indicators that provide real-time information about the product's condition.
By Application
Food & Beverages
Pharmaceuticals
Personal Care & Cosmetics
Electronics
E-commerce
Others
By Application, the market is divided into food and beverages, pharmaceuticals, cosmetics, and others. In the food and beverage sector, smart packaging enhances freshness and safety, while in pharmaceuticals, it ensures dosage accuracy and compliance.
Packaging Type
Primary Packaging
Secondary Packaging
Tertiary Packaging
By Packaging Type, the market comprises flexible packaging, rigid packaging, and semi-rigid packaging. Flexible packaging is lightweight and versatile, making it ideal for a variety of products, whereas rigid packaging offers strong protection and is suitable for high-value items. Semi-rigid packaging serves as a bridge between the two, providing moderate protection and flexibility. The growth of e-commerce and the need for supply chain transparency are further driving the adoption of smart and connected packaging solutions. As consumers increasingly demand sustainability and innovation, manufacturers are investing in advanced technologies, such as RFID, NFC, and QR codes, to enhance interactivity and traceability. Overall, the smart and connected packaging market is poised for substantial expansion, fueled by technological advancements and evolving consumer preferences.
Key Players
Brambles Limited
Reusable Packaging Association (RPA)
TO Plasticos
Schneider Packaging Equipment Co., Inc.
Orbis Corporation
International Paper Company
Ecovative Design LLC
Greif, Inc.
DS Smith plc
CHEP (part of Brambles)
For the competitor segment, the report includes global key players and some small players. The information for each competitor includes:
Company Profile
Main Business Information
Financial Analysis
Market Share
Please ask for sample pages for the full company list
Base Year: 2023
Historical Data: from 2019 to 2022
Forecast Data: from 2024 to 2031
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