Smart Packaging: Global Market Outlook

Report Code: CHM183A

Publish Date: Feb 2023

Publisher: BCC Publishing

Category: Chemicals

Download Report Overview

Single User License: $2500

Member Price: FREE

Explore Our Services

Already a member? Login to access this report free.

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 PAPERSEALED AIR
SMURFIT KAPPASTORA ENSO OYJ
TETRA PAK INTERNATIONAL S.A.WESTROCK CO.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

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.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Smart Packaging: Global Market Outlook55Free

Related Reports

Sustainable Plastic Packaging: Global Markets

Published - Aug 2024 | Publisher - Noopur Deshmukh | Code - PLS122B

The global market for sustainable plastic packaging was valued at $81.6 billion in 2023. The market is expected to grow from $86.6 billion in 2024 to $122.4 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 7.2% from 2024 to 2029.

Flexible Green Packaging: Global Markets

Published - Aug 2022 | Publisher - BCC Publishing | Code - ENG008B

The global market for flexible green packaging is estimated to increase from $235.1 billion in 2022 to $317.6 billion by 2027, at a compound annual growth rate (CAGR) of 6.2% from 2022 through 2027.

Recent Reports

Specialty Chemicals Integrated Across Multiple Vertical Applications: Global Markets

Published - Jul 2024 | Publisher - BCC Publishing | Code - CHM123C

The global market for specialty chemicals is estimated to increase from $1.3 trillion in 2023 to reach $1.7 trillion by 2029, at a compound annual growth rate (CAGR) of 4.9% from 2024 through 2029.

Global Markets and Advanced Technologies for Paints and Coatings

Published - Jul 2024 | Publisher - Noopur Deshmukh | Code - CHM049H

The global market for paints and coatings was valued at $194.0 billion in 2023. The market is expected to grow from $203.8 billion in 2024 and should reach $263.2 billion by 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029.

Global Markets for Adhesives & Sealants or Joining and Fastening

Published - Jul 2024 | Publisher - BCC Publishing | Code - CHM048E

The global market for adhesives & sealants or joining and fastening is estimated to increase from $63.7 billion in 2023 to reach $81.6 billion by 2029, at a compound annual growth rate (CAGR) of 4.3% from 2024 through 2029.

Global Crop Protection Chemicals Market

Published - Jun 2024 | Publisher - BCC Publishing | Code - CHM188A

The global market for crop protection chemicals is expected to grow from $87.6 billion in 2023 to $114.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2028.

Molecular Farming: Global Markets

Published - May 2024 | Publisher - BCC Publishing | Code - CHM187A

The global market for molecular farming is expected to grow from $454.1 million in 2023 and projected to reach $916.3 million by the end of 2028, at a CAGR of 15.1% during the forecast period of 2023 to 2028.

Top Trending Reports

Electric Vehicles and Fuel Cell Vehicles: Global Markets

Published - Aug 2024 | Publisher - BCC Publishing | Code - FCB040F

The global market for electric vehicles and fuel cell vehicles was valued at $655.9 billion in 2023. The market is expected to grow from $758.0 billion in 2024 to $1.8 trillion by 2029, at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2029.

Artificial Intelligence (AI) in Life Sciences Market

Published - Aug 2024 | Publisher - BCC Publishing | Code - BIO255A

The global market for artificial intelligence (AI) in life sciences products was valued at $8.0 billion in 2023. The market is estimated to grow from $9.8 billion in 2024 to $33.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.9% from 2024 to 2029.

Cell Therapy Biomanufacturing: Global Markets

Published - Aug 2024 | Publisher - BCC Publishing | Code - BIO211B

The global market for cell therapy biomanufacturing is expected to grow from $9.7 billion in 2024 and is projected to reach $16.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.5% during the forecast period of 2024 to 2029.

Global Artificial Intelligence (AI) Market: Investments vs Potential

Published - Aug 2024 | Publisher - BCC Publishing | Code - IFT189C

The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.

Sustainable Plastic Packaging: Global Markets

Published - Aug 2024 | Publisher - BCC Publishing | Code - PLS122B

The global market for sustainable plastic packaging was valued at $81.6 billion in 2023. The market is expected to grow from $86.6 billion in 2024 to $122.4 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 7.2% from 2024 to 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Smart Packaging: Global Market Outlook
Sample Report