Smart Packaging Market Analysis

Type (Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging)

Active packaging segment is estimated to dominate over 55.7% smart packaging market share by 2036, owing to the growing popularity of ready-to-eat and takeaway meals among the urban population. The application of packaging has a direct effect on the shelf life of ready-to-eat meals. Hence, active packaging technologies absorb substances such as moisture, and oxygen from the product to protect against food spoilage.

According to the World Health Organization (WHO), nearly 1 in 10 people across the globe fall ill after eating contaminated food every year. Therefore, the demand for active packaging to secure food from deterioration for a long time is rising.

Application (Food & Beverage, Personal care, Automotive, Healthcare, Electronics)

The healthcare segment in smart packaging market is set to hold the largest share by 2036, due to the latest trends in smart packaging in the healthcare sector, including QR codes, RFID tags, temperature monitoring, and others. The smart packaging is designed to provide additional benefits beyond just protecting the product inside. For instance, in December 2020, to enhance patient safety and satisfaction, Avery Dennison collaborated with Schreiner MediPharm and PragmatIC Semiconductor to utilize NFC technology by bringing smart packaging for common pharmaceutical items up to the unit level.

Our in-depth analysis of the global market includes the following segments:

Type	Active Packaging Intelligent Packaging Modified Atmosphere Packaging
Application	Food & Beverage Personal care Automotive Healthcare Electronics
Material	Solid Liquid
Level of Packaging	Primary Packaging Secondary Packaging Tertiary Packaging

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of smart packaging was USD 35.9 billion.

The market size for smart packaging is projected to cross USD 60.4 billion by the end of 2036 expanding at a CAGR of 5.4% during the forecast period i.e., between 2024-2036.

The major players in the market are 3M, Avery Dennison Corporation, Ball Corporation, BASF SE, Crown International Paper, R.R. Donnelley & Sons Company, Stora Enso, Sysco Corporation, Zebra Technologies Corp., BeFC, Asahi Kasei Corporation, Rengo Co., Ltd., Smart Packaging Hub, RICOH NAKAMOTO SMART PACKAGING Co., Ltd., and others.

In terms of material, the solid segment is anticipated to account for the largest market share of 65.4% during 2024-2036.

The APAC smart packaging sector is poised to hold the highest share of 40.2% by 2036.

Smart Packaging Market Analysis