Connected Packaging Market Overview

The market overview of the Connected Packaging industry focuses on the detailed dynamics of the market, including aspects such as industry rivalry. The report provides comprehensive market revenue forecasts at the global, regional, segment, and national levels.

Connected Packaging Market Report Scope and Research Methodology

The research methodology employed in the report on theConnected Packaging marketincorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.

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The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Connected Packaging market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Connected Packaging market, which involves aggregating data from individual segments to arrive at a total market size estimate.

Connected Packaging Market Regional Insights

The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.

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Connected Packaging Market Segmentation

In 2021, the active packaging category will emerge as the leading segment, accounting for 72.2% of total industry revenue, and this dominance is expected to continue during the forecast period. This category is projected to grow due to its excellent moisture management and corrosion resistance properties. The industry is expected to be driven by increasing industrialization in emerging markets such as India and China and growing demand for world-class logistics and supply chain management during the forecast period. The main driver of the market is its availability in various forms such as plastic, fabric, and plastic film, which is also expected to expand its range of applications.

Smart packaging is expected to be the fastest growing segment in 2021, accounting for the majority of market revenue. In 2021, this product segment accounted for 27.8% of the market share. Demand is expected to be driven by additional benefits such as a larger human interface and the ability to customize the immediate product environment. Demand during the forecast period is expected to be driven by the increasing use of smart packaging in the transformation of human interfaces of products. With the increasing use of smart labels and RFID tags in many end-use industries such as manufacturing, warehousing, and healthcare, the industry demand is expected to grow in the coming years.

Food and Beverage will be the most popular smart packaging application in 2021, accounting for 47.3% of sales. Increased use of active goods in the food and beverage industry and growing focus on maintaining the quality and safety of packaged products from manufacture to consumption are expected to drive the growth of this category. Additionally, demand for self-heating and cooling packaged beverage products that can heat beverages such as tea, coffee and chocolate to temperatures suitable for consumption is expected to drive demand in colder countries such as North America and Europe during the forecast period. will be .

Connected Packaging Market Key Players

BALL CORPORATION
Amcor plc
3M
Temptime Corporation
CONSTANTIA FLEXIBLES
Klckner Pentaplast
Graham Packaging Company,
Avery Dennison Corporation
Emerson Electric Co
American Thermal Instruments
BASF SE
International Paper
R.R. Donnelley Sons Company
Others

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Key questions answered in the Connected Packaging Market are:

• What is Connected Packaging ?
• What are the factors driving the Connected Packaging Market growth?
• What are the factors are limiting the Connected Packaging Market growth?
• What was the Connected Packaging market size in 2021?
• Which trends are expected to generate additional revenue for the Connected Packaging market growth?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Connected Packaging Market?
• What growth strategies are the players considering to increase their foothold in the Connected Packaging Market?
• Who held the largest market share in the Connected Packaging Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size Forecast by different segment | 20222029
• Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective
  • Competitive landscape Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTERs analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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