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Avail Sample Copy of report @ https://www.xpodenceresearch.com/Request-Sample/105660 nnXpodence Research has added New Report â€œGlobal Smart Packaging Market Research Report, Growth (2018)â€ Forecast to its research database.nnObtain report details @ https://www.xpodenceresearch.com/Reports/Smart-Packaging-Market
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Smart packaging refers to the packaging systems used with pharmaceuticals, foods, and various types of products. They
help improve safety, extend shelf life, display information on quality, monitor freshness, and improve convenience. All
the terms are closely related. Smart packaging typically means having active functions beyond the inert passive control
and protection of the product. Smart and Intelligent packaging usually includes the ability to measure or sense an
attribute of the product, the shipping environment or the inner atmosphere of the package. This information can be
communicated to users or can start active packaging functions. Smart materials, programmable matter, etc. can be
employed in packages.
The global smart packaging market has be categorized into Technology, Industry Verticals and regions. Based on the
technology the market has been segmented into intelligent packaging, modified atmosphere packaging and active
packaging. Based on Industry Vertical the market has be bifurcated into food & Beverages, healthcare, automotive,
personal care among others.
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The major factors driving the Smart Packaging market are the rapid growth of aging population and also the change in
the lifestyle, the increasing consumer concern for the food wastage and the demand for the smart and functional
packaging. Limited availability, high price and lack of consumer awareness of flexible plastic materials, lack of
integrators, high cost and he incomplete product design are the major factors that may hamper the growth of the
market in the near future. Additionally the technological advancements in the printed technology one of the major
growth opportunities for the Smart Packaging market players. The major challenges faced in this market are the high
research & development cost and the sustainable e-packaging products.
Geographically, the Smart Packaging market has been bifurcated into five regions North America, Europe, Asia Pacific,
Middle East & Africa and Latin America. The Smart Packaging market size and forecast period for each region has been
estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes
market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC,
North Africa, South Africa and Brazil. The detailed analysis by Technology, Industry Verticals, and regions supports in
evaluating the present scenario, growth prospects and the future scenario for the Smart Packaging market over the
forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various
industries, thereby providing valuable perceptions.
The growth of aging population and the change in the consumers lifestyle related to smart packaging is anticipated to
drive the APAC market for smart packaging in the future years. The major companies that providing smart packaging
includes BASF SA, 3M, E. I. Du Pont De Nemours and Company, Sealed Air Corporation, Meadwestvaco Corporation,
Amcr Limited, Huhtamaki Group, Avery Dennison Corp,, International Paper, Smartrac N.V., RR Donnelley, and Sonoco
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