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Active & Intelligent Packaging Market Trends

  • Report ID: GMI10050
  • Published Date: Jun 2024
  • Report Format: PDF

Active & Intelligent Packaging Market Trends

Regulatory requirements and consumer preferences have made sustainability a prominent trend in the active & intelligent packaging industry. Packaging options with a low environmental effect and that encourage recycling are much sought after. Biodegradable polymers, recyclable plastics, and compostable packaging are examples of environment-friendly products that businesses are increasingly embracing. Utilizing sustainable manufacturing and distribution methods, active and intelligent packaging solutions not only reduce food waste and increase shelf life, but also lower environmental impact. Beyond satisfying consumer demands for waste reduction and ethical consumption, this move toward sustainability also represents broader society values. For instance, in June 2023, Nestlé unveiled new recyclable paper packaging for its YES! snack bars, integrating active packaging features to maintain freshness and shelf life. This initiative underscored Nestlé's commitment to sustainability by reducing plastic use and improving recyclability in its product packaging.
 

The Internet of Things (IoT) and smart packaging technologies are becoming increasingly integrated. The usage of IoT-enabled sensors, RFID tags, and QR codes to track product conditions in real-time along the supply chain is growing. These solutions guarantee product safety, quality, and regulatory compliance by providing useful data on variables such as temperature, humidity, and location. Through interactive packaging experiences, smart packaging solutions simplify inventory management, improve supply-chain visibility, and enable personalized customer engagement. This trend is a paradigm shift toward data-driven, more effective packaging solutions that boost customer happiness and increase operational efficiencies.
 

For instance, in November 2022, Coca-Cola implemented Near Field Communication (NFC) tags on its bottles, enabling consumers to access product details, nutritional information, and promotional offers via smartphones. This integration of smart packaging enhanced consumer engagement and loyalty by providing convenient, interactive experiences at the point of purchase. Coca-Cola leveraged IoT capabilities to streamline marketing efforts and optimize distribution strategies, effectively improving customer interaction while gaining valuable insights into consumer preferences and behaviors in real-time.
 

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for active & intelligent packaging was valued at USD 13.1 billion in 2023 and is anticipated to grow at over 6% CAGR between 2024 and 2032, as consumers are looking for products with longer shelf life without sacrificing quality or freshness.

The active packaging segment of the active & intelligent packaging market is expected to reach over USD 13.02 billion by 2032, as active packaging assures food safety and quality throughout the supply chain.

North America industry accounted for over 30.3% share in 2023 and will expand rapidly by 2032, driven by technological innovation and consumer demand.

3M Company, Amcor Limited, Bemis Company, Inc, Company, Dupont Teijin Films, Mondi Group, Sealed Air Corporation, and Sonoco Products Company among others.

Active & Intelligent Packaging Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 305
  • Countries covered: 21
  • Pages: 210
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