Controlled Intelligent Packaging Market
Market Insights on Controlled Intelligent Packaging covering sales outlook, demand forecast & up-to-date key trends
Controlled Intelligent Packaging Market by Applications, Product Type, End-Use Industry & Region - Forecast 2022 - 2032
Controlled Intelligent Packaging Market Outlook (2022-2032)
Controlled intelligent packaging includes packaging systems that combine intelligence with advanced sensors, detection, recording, and communication capabilities. Industry professionals are upgrading their products and systems to provide a superior customer experience and respond to consumer expectations that are becoming increasingly high.
As part of its efforts to meet consumer demands, the packaging industry has already started using intelligent packaging incorporating freshness and integrity indicators as well as temperature and time sensors in its packaging designs.
In addition to extending product shelf life, it helps refine quality, provides information about safety improvements, and alerts about possible threats. Besides being used for marketing purposes, it comes in different shapes and sizes.
There is a trend in all areas of the life sciences towards improving product safety, ensuring high-quality standards, and promoting sustainability. The food industry uses smart packaging to meet these demands as it strives to meet customer expectations.
With the growing demand for quality food products, controlled intelligent packaging is becoming increasingly popular in the market. There has been a significant shift in the consumer's perception of food and drink over the past few years as it is becoming more and more important to consume food that is safe and healthy in the market.
A product's quality status can also be determined through the indications and sensors that are now integrated into the packaging. Additionally, this can decrease unnecessary food waste and increase product safety. The packaging has proven, during this epidemic, to be able to minimize food wastage and maximize packaging recycling due to smartphone technology that allows consumers to communicate through QR codes.
Through the pandemic, the rise in e-commerce and international trade has contributed to a greater need for smart packaging, which guarantees the integrity of the goods and ensures that they are not tampered with. A legal framework is currently being considered for intelligent packaging, which prevents the packaging from transferring its components to the food, in a way that ensures the food is not harmed by the packaging.
Pharma companies will also benefit from controlled intelligent packaging, which can objectively monitor patient compliance with dosage and time intake and even share this data with manufacturers.
In addition to improving the consumer experience, intelligent packaging also boosts consumer interaction, sets new standards for quality, and addresses challenges faced by traditional methods of packaging. These advantages are pushing brand owners to migrate to intelligent packaging and address the challenges associated with traditional methods of packaging.
Controlled Intelligent Packaging Market Overview
The controlled intelligent packaging is defined as a packaging system that helps to carry out intelligent functions, for example, detect and applying logical rationale to encourage primary detecting, recording, sensing, communicating land helps to take decision of extending shelf life, enhance safety, helps in improving quality, provide information and warn about possible problems.
The controlled intelligent packaging is utilized to communicate with the consumer as a tool for marketing, protect the item against the deteriorative impacts of the external condition, contain the product of different sizes and shapes and give the consumer with greater usability and efficient comfort. The controlled intelligent packaging has a broad range of application in various industries such as Food and beverage, cosmetics, pharmaceutical industries.
Global Controlled Intelligent Packaging: Market Dynamics
Food and beverage industry mainly drive the global controlled intelligent packaging market. The consumer prefers an increase in demand for safe and healthy food due to which controlled intelligent market is growing. Nowadays, consumers are more inclined towards ready to eat packaged food which leads to a growth of controlled intelligent packaging market.
Moreover, the global controlled intelligent packaging helps to protect food from contamination and chemical. Controlled intelligent packaging helps to increase the lifespan of the food. Owing to changing consumer preference, high-quality food products, Increase in demand for quality food products further leads to the rise in demand for controlled intelligent packaging market.
Macroeconomic factors such as a societal status change in lifestyle, a rapid increase in urbanization rate, technological advancements further leads to the growth of global controlled intelligent packaging market. The need to raise consistence and adherence levels will support in compliance with monitoring devices and active and items.
However, moderately high expenses and healthcare industry cost control issues across the board use. The increased prevalence of drugs with increase moisture sensitivity will lead to boost the controlled intelligent packaging market.
Global Controlled Intelligent Packaging: Regional Outlook
Based on geographic region global controlled intelligent packaging market is segmented into seven regions includes North America, Latin America, Japan, Eastern Europe, Western Europe, Asia-Pacific excluding Japan and the Middle East and Africa.
North America and Western Europe holds the largest share in the global controlled intelligent packaging market owing to a large number of convenience stores and ready to eat food products followed by Japan, and Latin America.
In North America and Europe, strict regulations surrounding the utilization of active packaging have been empowering the usage of controlled intelligent packaging. Asia-Pacific and the Middle East and Africa leads to a growth of global controlled intelligent packaging market in the forecasted period due to rise in food and beverage industry and increase in demand for packaged food.
Global Controlled Intelligent Packaging Players
The few prominent key players of the global controlled intelligent packaging market are:
- Cargill Inc.
- Archer Daniels Midland Co
- BASF SE
- Celanese Corp.
- Kerry Group
- EastmanChemical Co.
- International Paper Co.
- Tetra Pak
- Ball Corp.
- Crown Holdings Inc.
- Bemis Company Inc.
- Tyson Foods Inc.
- Kraft-Heinz Co.
- Honeywell International Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil and Rest of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
- Eastern Europe (Poland, Russia and Rest of Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Controlled Intelligent Packaging: Market Segmentation
The global controlled intelligent packaging market is segmented on the basis of applications, product type, and end-use industry:
Based on applications, global controlled intelligent packaging market is segmented into:
- Pack integrity
- Safety and quality standards
- Product authenticity
Based on indicators, global controlled intelligent packaging market is segmented into:
- Time-temperature indicators
- Freshness indicators
- Integrity Indicators
Based on sensor types, global controlled intelligent packaging market is segmented into:
- Gas sensors
- Fluorescence based oxygen sensors
Based on product types, global controlled intelligent packaging market is segmented into:
Based on end use industry, global controlled intelligent packaging market is segmented into:
- Food and Beverage Industry
- Meat and poultry
- Dairy products
- Fruits and vegetables
- Pharmaceutical Industry
- Cosmetics Industry