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Smart Food Packaging Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Amcor, Constantia Flexibles, Linpac Packaging, MULTIVAC

08 Mar, 2022 | 133 Pages
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Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Smart Food Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 2.1% during the review period (2022 to 2027)



Smart Food Packaging Market Overview



Smart food packaging is developing as a primary need of companies, who imports and exports the food material. The smart food packaging system is mentioned to as a packaging technology embedded with the substances, which acts as a sensor. The technology is majorly used in the packaging of food, pharmaceuticals, and others. The food and other companies are focusing on high-quality packaging with advanced technologies to retain food safe for a long time. The increasing growth of such application indicates the growth of smart food packaging in the future years.



Who are the Major Players in Smart Food Packaging Market?



The Smart Food Packaging Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Amcor, Constantia Flexibles, Linpac Packaging, MULTIVAC, DowDuPont, Sealed Air, MicrobeGuard, UFP Technologies, Huhtamaki, Brodrene Hartmann, Sonoco, Berry Global, Ampac Holdings, International Paper and others.



Recent Developments:



JD Farm and Amcor jointly launch NFC-enabled flexible packaging in China



The jointly created NFC (Near Field Communication)-enabled packaging uses sector-leading technology to give consumers access to information about the quality, safety and origin of JD Farm’s products.



Packaging Digest highlighted NFC-enabled packaging as having ‘the potential to revolutionize the way customers interact with packaging’. The technology, which detects and then enables items in close proximity to communicate, can elevate packaging beyond its traditional functions. Integration of NFC can transform packaging into an interactive customer engagement tool, providing information about product production and origin, or grant access to exclusive content, such as recipes, cooking instructions and inspiration for specific products that could impact brand reputation and influence purchasing decisions.



What are the major Applications, Types and Regions for Smart Food Packaging Market?



By Type, it is segmented into




  • PVDC

  • EVOH

  • ABS

  • Composite Material



By Applications it is segmented into




  • Fish & Seafood

  • Fruits and Vegetables

  • Bakery & Confectionery

  • Meat & Poultry

  • Dairy Foods

  • Ready to Eat Food



Smart Food Packaging Market Regional Analysis



In 2020, sales in the global Smart Food Packaging market were led by Europe, followed by North America. As governments place a greater emphasis on decreasing packaging's hazardous content, increasing demand is projected in Europe. Pharmaceutical business development is predicted to be fueled by increased R&D activities to ensure rigorous legal compliance. In 2020, North America will be the largest market, accounting for about half of the global market. In the future years, demand is expected to be driven by rapid expansion in industries such as pharmaceuticals, food and beverage, logistics, cars, and manufacturing, as well as a steady recovery from the recession. During the forecasted time, the Asia Pacific area is expected to have the most promising growth. 




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The expansion of Smart Food Packaging in various logistical industries is the most essential element with the rising use of RFID (Radio Frequency Identification) tags. In Asia Pacific, it is projected to stimulate demand for Smart Food Packaging. Consumers in Asia Pacific, particularly in developing nations like as China and India, are predicted to improve their health awareness and disposable money during the forecast period, reviving the region's pharmaceutical market.



What is our Smart Food Packaging Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 2.1% over the forecast period (2022-2027)



By Type



 




  • PVDC

  • EVOH

  • ABS

  • Composite Material



By Application



 




  • Fish & Seafood

  • Fruits and Vegetables

  • Bakery & Confectionery

  • Meat & Poultry

  • Dairy Foods

  • Ready to Eat Food



By Companies



Amcor, Constantia Flexibles, Linpac Packaging, MULTIVAC, DowDuPont, Sealed Air, MicrobeGuard, UFP Technologies, Huhtamaki, Brodrene Hartmann, Sonoco, Berry Global, Ampac Holdings, International Paper



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



133



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Smart Food Packaging Report




  • Evaluate Smart Food Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Smart Food Packaging market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



How do you conduct primary research interviews?





We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.



What if the report I want is not listed in the repository of your reports?



Industry Data Analytics has a repository of reports on various industry verticals and not all of them have been listed on the website. Please contact our sales team with your requirements.



Who are the key players in Smart Food Packaging Market?



Amcor, Constantia Flexibles, Linpac Packaging, MULTIVAC, DowDuPont, Sealed Air, MicrobeGuard, UFP Technologies, Huhtamaki, Brodrene Hartmann, Sonoco, Berry Global, Ampac Holdings, International Paper



What regions does this Smart Food Packaging Market report cover?





North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Smart Food Packaging Market?





PVDC, EVOH, ABS, Composite Material



What are the major end-use applications of the Smart Food Packaging Market?



Fish & Seafood, Fruits and Vegetables, Bakery & Confectionery, Meat & Poultry, Dairy Foods, Ready to Eat Food



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL SMART FOOD PACKAGING MARKET BY TYPES

    3. GLOBAL SMART FOOD PACKAGING MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR SMART FOOD PACKAGING



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. SMART FOOD PACKAGING GROWTH

      2. APPLICATION OF SMART FOOD PACKAGING



    4. IMPACT OF COVID 19



  5. GLOBAL SMART FOOD PACKAGING MARKET, BY TYPES

    1. INTRODUCTION

    2. PVDC

    3. EVOH

    4. ABS

    5. COMPOSITE MATERIAL



  6. GLOBAL SMART FOOD PACKAGING MARKET, BY APPLICATION

    1. INTRODUCTION

    2. FISH & SEAFOOD

    3. FRUITS AND VEGETABLES

    4. BAKERY & CONFECTIONERY

    5. MEAT & POULTRY

    6. DAIRY FOODS

    7. READY TO EAT FOOD



  7. GLOBAL SMART FOOD PACKAGING MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. AMCOR

      2. CONSTANTIA FLEXIBLES

      3. LINPAC PACKAGING

      4. MULTIVAC

      5. DOWDUPONT

      6. SEALED AIR

      7. MICROBEGUARD

      8. UFP TECHNOLOGIES

      9. HUHTAMAKI

      10. BRODRENE HARTMANN

      11. SONOCO

      12. BERRY GLOBAL

      13. AMPAC HOLDINGS

      14. INTERNATIONAL PAPER





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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