Active, Intelligent, and Smart Packaging Market

Active, Intelligent, and Smart Packaging Market Report, By Packaging Type (Active Packaging, Smart & Intelligent Packaging), By Application (Food & Beverage, Pharmaceuticals, Cosmetics and Other Applications) and Regions 2024-2032

Market Overview:

"The global active, intelligent, and smart packaging market was valued at US$ 23.1 Billion in 2023 and is expected to register a CAGR of 8.1% over the forecast period and reach US$ 46.6 Billion in 2032."

Report Attributes

Details

Base Year

2023

Forecast Years

2024-2032

Historical Years

2021-2023

Active, Intelligent, and Smart Packaging Market Growth Rate (2024-2032)

8.1%

Active, intelligent, and smart are new concepts for packaging which provide an upgrading of functionality and improve user experience as against the traditional packaging. Active packaging actively works with the product or its surroundings to prolong shelf life or improve safety through incorporating oxygen scavengers, moisture scavengers, or ethylene gas scavengers. Smart packaging uses sensors or indicators to immediately inform about the state of a product-on freshness, temperature, quality, or other related criteria; thus, it can support the right decisions of consumers and producers: Intelligent packaging takes things to the next level in integrating advanced technologies such as RFID tags or QR codes, for instance, real time tracking and inventory management, interactive consumer engagement among others. Taken together, these packaging formats reflect a huge step towards even more responsive and efficient supply chain management and consumption.

Active, intelligent and smart packaging is one of the fastest-growing industries. Nowadays, it is promoted by great product safety concerns, longer shelf life, and increased consumer involvement in food and beverages, pharmaceuticals, as well as other consumer goods. Manufacturers opt for using innovative kinds of packaging, keeping the integrity of the products and providing real-time information about freshness and safety. All this, use of sensors, RFID tags, and QR codes, along with many other related technologies, plus regulatory support and materials science advancement, really helps in good supply chain management and enhances the overall consumer experience. Total, this is most likely to be an expanding market and have a trend for very interactive and responsive packaging systems for consumers as well as business-to-consumer needs.

Active, Intelligent, and Smart Packaging Market Report, By Packaging Type (Active Packaging, Smart & Intelligent Packaging), By Application (Food & Beverage, Pharmaceuticals, Cosmetics and Other Applications), and Regions 2024-2032

Active, Intelligent, and Smart Packaging Market Drivers and Trends:

The active, intelligent, and smart packaging market is currently influenced by several significant trends and drivers that contribute to its expansion. A primary trend is the growing consumer demand for transparency and sustainability, which encourages manufacturers to implement packaging solutions that deliver real-time information about product quality and safety while reducing environmental impact. The surge in e-commerce and home delivery services has also intensified the need for advanced packaging that preserves product integrity during shipping, resulting in increased use of smart technologies such as sensors and temperature monitors. Furthermore, innovations in materials, including biodegradable and recyclable options, are fostering the development of more sustainable packaging solutions. Regulatory initiatives aimed at improving food safety and quality assurance are also driving the market, as businesses strive for compliance through advanced packaging technologies. Overall, these trends reflect a movement towards more interactive, efficient, and eco-friendly packaging systems that align with the changing preferences of consumers and the demands of the marketplace.

Active, Intelligent, and Smart Packaging Market Restraining Factors:

Some significant barriers might hinder the development of the active, intelligent, and smart packaging market. These are the relatively high cost of advanced materials and technologies. The adoption by smaller companies of innovative packaging may be discouraged by the relatively high cost. Technical barriers in integrating smart technologies, including sensors or IoT systems, in a package can also be observed to be a major barrier for significant investment in research and development that sometimes is needed to overcome all these technical barriers. Regulatory limitations and compliance issues could also cause the impediment since companies are duty-bound to adhere to many standards and regulations regarding packaging materials and technologies. Consumers also seem to question the veracity and safety of smart packaging solutions that may deter the mainstream integration of these technologies. Lastly, the field lacks standardization hence might be split, causing businesses to realize that they must apply different solutions in one market compared to another. These factors together could constrain the growth of the market and adoption of active, intelligent, and smart packaging solutions.

Active, Intelligent, and Smart Packaging Market Opportunities:

The active, intelligent, and smart packaging market presents numerous opportunities driven by evolving consumer preferences, technological advancements, and industry demands. With the growing emphasis on sustainability, there is a significant opportunity for companies to develop eco-friendly packaging solutions that incorporate biodegradable and recyclable materials while maintaining functionality. The increasing integration of Internet of Things (IoT) technologies allows for the creation of connected packaging that enhances user engagement and provides real-time data on product freshness and safety, appealing to tech-savvy consumers. Moreover, the rise in online shopping and home delivery services necessitates robust packaging that can ensure product protection and minimize waste during transit. Additionally, industries such as food and beverage, pharmaceuticals, and cosmetics are increasingly seeking innovative packaging solutions to comply with stringent regulations and enhance product quality. These factors collectively create a fertile ground for market players to explore new technologies, expand their offerings, and establish competitive advantages in this dynamic landscape.

Active, Intelligent, and Smart Packaging Market Segmentation:

Active, Intelligent, and Smart Packaging Market Report, By Packaging Type (Active Packaging, Smart & Intelligent Packaging), By Application (Food & Beverage, Pharmaceuticals, Cosmetics and Other Applications), and Regions 2024-2032

By Packaging Type

  • Active Packaging
  • Smart & Intelligent Packaging

Currently, active packaging leads the intelligent and smart packaging market because it is effective in enhancing the shelf life and safety of food. This segment includes materials that react with the product or its environment to improve preservation and quality, including oxygen scavengers and moisture regulators. Proven benefits of active packaging in ensuring integral products increase its popularity as the first choice for manufacturers and consumers, while smart and intelligent packaging has been becoming very popular lately due to technological innovations that bring in the possibilities of real-time monitoring and enhanced customer interaction. Additionally, intelligent and smart packaging is also developing rapidly and has tremendous possibilities for growth in the near future.

By Application

  • Food & Beverage
  • Pharmaceuticals
  • Cosmetics
  • Other Applications

The food and beverage segment are dominating in the active, intelligent, and smart packaging market as its increasing demand on the part of consumers for enhanced food safety, freshness, and convenience. Innovation-wise, it is gaining much from modified atmosphere packaging, which increases shelf life, and intelligent labels which monitor temperature and spoilage for quality and safety. Further growth can be fueled by the rising e-commerce and ready-to-eat meals sectors, where companies look to ensure integrity throughout transportation and storage. The pharmaceuticals segment, driven by improved drug delivery and compliance, falls into second place after food and beverages in terms of market share.

By Region

Active, Intelligent, and Smart Packaging Market Report, By Packaging Type (Active Packaging, Smart & Intelligent Packaging), By Application (Food & Beverage, Pharmaceuticals, Cosmetics and Other Applications), and Regions 2024-2032

North America

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Poland
  • Benelux
  • Nordic
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Australia & New Zealand
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina

Middle East & Africa

  • Saudi Arabia
  • South Africa
  • United Arab Emirates
  • Israel
  • Rest of MEA

North America currently is the leading region in the active, intelligent, and smart packaging markets, with this due to strong advancements in packaging technologies as well as a strong focus on food safety, sustainability, and convenience. The major food and beverage manufacturers, pharmaceutical companies, as well as the very strong retail sector in the United States are pushing for the innovations in and adoption of smart packaging solutions. Besides, growing consumer concern toward product quality and safety is also creating a significant market for smart packaging that may be used for generating real-time information regarding product status. With significant growth also in Europe and Asia Pacific, North America's mature infrastructures and investments in research and development have already established this region as the global leader in the market.

Leading Companies in Active, Intelligent, and Smart Packaging Market & Competitive Landscape:

The active, intelligent, and smart packaging market is highly competitive, with several key players vying for market share and actively engaging in strategic initiatives. These companies focus on product innovation, technological advancements, and expanding their product portfolios to gain a competitive edge. These companies are continuously investing in research and development activities to enhance their product offerings and cater to the evolving needs of customers in terms of efficiency, performance, and sustainability.

These companies include:

  • PakSense, Inc.
  • Landec Corporation
  • Sealed Air Corporation
  • Crown Holdings, Inc.
  • Amcor Plc
  • 3M Company
  • Timestrip UK Ltd.
  • Cryolog S.A.
  • Vitsab International AB
  • Varcode, Ltd.
  • LCR Hallcrest LLC
  • Thin Film Electronics ASA
  • CCL Industries Inc.
  • Temptime Corporation
  • Multisorb Technologies, Inc.
  • Coveris Holdings S.A.

Recent News and Development

  • October 2024: A car servicing garage in Rutherglen is helping the environment by reducing the amount of plastic waste because it uses new smart packaging for its motor oil. D&G Autocare is an independent group that has been trading for two decades. It runs 18 garages, each with MOT facilities and servicing facilities. It has recently taken on ExxonMobil's innovative oil-in-a-box system.
  • July 2024: Technology studio Appetite Creative has developed a new side panel for on-pack communication for Tetra Pak, which will be featured on its packaging in Spain, Portugal, and central Europe, including Germany and Austria.

Active, Intelligent, and Smart Packaging Market Research Scope

Report Metric

Report Details

Active, Intelligent, and Smart Packaging Market Size available for the years   

2021-2032

Base Year

2023

Forecast Period       

2024-2032

Compound Annual Growth Rate (CAGR)

8.1%

Segment covered 

Packaging type, application, and regions

Regions Covered

North America:  The U.S. & Canada

Latin America: Brazil, Mexico, Argentina, & Rest of Latin America

Asia Pacific: China, India, Japan, Australia & New Zealand, ASEAN, & Rest of Asia Pacific

Europe: Germany, The U.K., France, Spain, Italy, Russia, Poland, BENELUX, NORDIC, & Rest of Europe

The Middle East & Africa:  Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, and Rest of MEA 

Fastest Growing Country in Europe

Germany

Largest Market

North America

Key Players

PakSense, Inc, Landec Corporation, Sealed Air Corporation, Crown Holdings, Inc., Amcor Plc, 3M Company, Timestrip UK Ltd., Cryolog S.A., Vitsab International AB, Varcode, Ltd., LCR Hallcrest LLC, Thin Film Electronics ASA, CCL Industries Inc, Temptime Corporation, Multisorb Technologies, Inc, Coveris Holdings S.A.



Frequently Asked Question

What is the market size of the active, intelligent, and smart packaging market in 2023?

The active, intelligent, and smart packaging market size reached US$ 23.1 Billion in 2023.


At what CAGR will the active, intelligent, and smart packaging market expand?

The market is expected to register an 8.1% CAGR through 2024-2032.


How big can the laser safety glasses market be by 2032?

The market is estimated to reach US$ 46.6 Billion by 2032.


What are some key factors driving revenue growth of the active, intelligent, and smart packaging market?

Some key factors driving revenue growth include rising demand for food safety and quality, growth in e-commerce, technological advancements, regulatory compliance, and emerging markets.


What are some major challenges faced by companies in the active, intelligent, and smart packaging market?

Major challenges include high development costs, supply chain complexity, technical limitations, integration with existing systems, and intellectual property issues.


How is the competitive landscape in the active, intelligent, and smart packaging market?

The competitive landscape is characterized by the presence of several global and regional players. Companies compete on factors such as product quality, price, distribution network, and brand reputation. Innovation and marketing strategies play crucial roles in gaining market share.


How is the active, intelligent, and smart packaging market report segmented?

The market report is segmented by packaging type, application, and regions.


Who are the key players in the active, intelligent, and smart packaging market report?

Key players in the market report include PakSense, Inc, Landec Corporation, Sealed Air Corporation, Crown Holdings, Inc., Amcor Plc, 3M Company, Timestrip UK Ltd., Cryolog S.A., Vitsab International AB, Varcode, Ltd., LCR Hallcrest LLC, Thin Film Electronics ASA, CCL Industries Inc, Temptime Corporation, Multisorb Technologies, Inc, Coveris Holdings S.A., and among others.


Please Fill Your Details

Your personal details will remain secure and confidential. Privacy Policy