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Smart Packaging Market Share

Report ID: GMI11007
Published Date: Aug 2024
Report Format: PDF

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Smart Packaging Market Share

Amcor Plc and Avery Dennison Corporation are the key players in the smart packaging industry, each holding a significant share due to their advanced technological solutions and extensive industry experience. Amcor Plc, a global leader in packaging, has established itself at the forefront of smart packaging through its innovative use of technologies such as RFID and smart labels. The company's commitment to sustainability and smart packaging solutions has positioned it as a major provider, catering to diverse industries with enhanced functionality and environmental benefits.

Avery Dennison Corporation has made substantial strides in the smart packaging sector with its cutting-edge RFID and intelligent labeling solutions. Avery Dennison’s focus on integrating smart technologies into packaging not only improves traceability and inventory management but also enhances consumer engagement and product safety. Both companies leverage their expertise to drive market growth and innovations, solidifying their positions as leading players in the market.

Smart Packaging Market Companies

Major players operating in the smart packaging industry are:

Amcor Plc
Avery Dennison Corporation
BASF SE
DuPont
Sealed Air
Smurfit Kappa Group plc
Thin Film Electronics ASA

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for smart packaging was valued at USD 21.3 billion in 2023 and will exhibit over 8% CAGR between 2024 and 2032, driven by the demand for product safety and extended shelf life.

The smart packaging market from the intelligent packaging segment is expected to register over 10% CAGR during 2024-2032, bolstered by rising demand for more interactive and informative packaging solutions.

North America market captured over 35% share in 2023, led by advanced technological infrastructure and high levels of innovation.

Amcor Plc, Avery Dennison Corporation, BASF SE, DuPont, Sealed Air, Smurfit Kappa Group plc, and Thin Film Electronics ASA.