Global Intelligent Packaging Market to reach USD XXX billion by 2027.Global Intelligent Packaging Market is valued approximately USD XXX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2021-2027.Intelligent Packaging is particularly used to fulfilling the needs of ready-to-eat foods. This is mainly used in variety of applications ranging from food & beverages, pharmaceuticals, electronics to automotive, personal and many more. These packaging are used in various sectors ranging from food & beverages, electronics to automotive, pharmaceuticals and many more, depending upon its needs and preferences. Increasing demand in the end-user industries such as food & beverages and growing demand for packaged and ready-to-eat products are factors contributing to the market growth. for instance: according to Statista, the revenue for ready-to-eat food market equaled to USD 464,598 million, in the year 2021. Where most of the revenue was generated from China alone (USD 126,580 million). this is expected to grow at a constant rate of 3.25% in the forecasting year 2021-2025. Thus with an increasing demand from the frozen food market the demand for intelligent packaging will ultimately rise, in the long run. . However, high costs of smart packaging impedes the growth of the market over the forecast period of 2021-2027. Also, rapid urbanization, bustling work schedules and difficult work-life-balance is likely to increase the growth of the market in the forecasting period.

The regional analysis of global Intelligent Packaging market includes key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis, North America is a significant region across the world in terms of market share owing to increasing demand towards packaged and frozen food. Whereas, Europe is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as changing consumer preference and changing lifestyle would create lucrative growth prospects for the Intelligent Packaging market across European region.

Major market player included in this report are:
PakSense
3M
American Thermal Instruments
TempTime Corporation
Avery Dennison
R.R Donnelley Sons & Company
BASF SE
Stora Enso
International Paper
Thin Film Electronics ASA




The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product type:
Corrosion Control Packaging
Gas Scavengers
Susceptor Packaging
Moisture Control Packaging
QR Code
Others
By Technology Type:
Active Packaging
Modified Packaging
Intelligent Packaging
By Application:
Pharmaceuticals
Food & Beverages
Electronics
Automotive
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Intelligent Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors