Active, Smart, and Intelligent Packaging Market Size, Share, and COVID Impact Analysis, By Type (Active Packaging, Modified Atmosphere, and Intelligent Packaging), By Application (Fruits and Vegetables, Seafood, Dairy Products, Meat and Poultry, Frozen Food, Ready to Eat Meal, and Others), and Regional Forecast, 2024-2032

The global active, smart and intelligent packaging market share is expected to grow a significant growth due to the increasing demand for specialty protecting to retain shelf life, accompanied through the increasing degree of freshness, and nutritional value of the products at reasonable prices which are added via the market products and services for the global target audience during the forecast period.

Active packaging involves protecting the product from the material, while intelligent systems add more information on the cover in electronic or non-electronic forms. The active packaging, intelligent packaging, and smart packaging refer to packaging structures used with foods, pharmaceuticals, and numerous other sorts of products. It expands shelf lifestyles, monitors freshness, shows quality information, increases safety, and improves convenience.

Growing urban population along with changing lifestyles has led to accelerated ready-to-consume or eat, frozen, and packaged food demand. Growing demand for exotic fruits & vegetables, meat, and frozen products throughout various countries due to growing global trade practices has caused improved demand for Active, Smart and Intelligent Packaging has resulted drive the market growth. 

Impact of COVID-19 on the Active, Smart, and Intelligent Packaging Market

Due to the outbreak of the COVID-19 pandemic in 2020 and the strict government regulations imposed on many developed and developing countries have disrupted the supply chain and manufacturing, only the production of food and beverages along with medicinal products was allowed. The food & beverages in conjunction with the pharmaceutical sector being the largest consumers of active, smart & intelligent packaging the demand witnessed a minimal negative growth in the year in which the pandemic broke out. Furthermore, within the subsequent year because of surge in demand for pharmaceutical vaccines and supplies will ensure the expansion of globally active, smart & intelligent packaging during the forecasted period.

Key Insights

The report will cover the following key insights:

• Key Trends in the active, smart and intelligent packaging market


• New Advancements in Production Technologies


• New Product Launches, Expansions of active, smart and intelligent packaging market


• Impact of COVID-19 on active, smart and intelligent packaging market

Analysis by Application

Meat and Poultry Segment is expected to witness a significant growth during the forecast period due to the growing demand for meat and poultry products across the globe along with the intrinsic growth witnessed in the global dairy industry makes the food and beverage industry the largest application industry for active smart and intelligent packaging market. Along with this growing international trade in fruits and vegetables drives the demand for preservation packaging, which fuel the growth of the market.

Regional Analysis

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North America is expected to have a significant share in the global market due to the region is anticipated to witness a significant growth rate due to accelerated disposable income and changing lifestyles in China and India. Increasing food demand due to the growing population is likewise predicted to drive packaged food demand in the Asia Pacific region.

Key Players Covered

The report will include the profiles of key players such as Multisorb Technologies (U.S.), Sealed Air Corporation (U.S.), Ball Corporation (U.S.); Amcor Limited (Australia), Timestrip PLC (U.K.), Sysco Corporation (U.S.), Paksense Incorporated (U.S.), Eastman Chemical Company, M&G USA Corporation, and others.

Segmentation

Key Industry Developments

• In July 2022, Molson Coors and Kraft Heinz launched limited-edition packs featuring labels that change color according to the drink's temperature with Smart packs.


• In March 2020, Avery Dennison acquired Smartrac's transponder business; the business develops and manufactures radio frequency identification (RFID) products. Avery Dennison announced the location of its next RFID (Radio Frequency Identification) manufacturing facility. The new factory will be located in Vinhedo (SP). Also, Avery Dennison partners with Impinj and NXP to develop world-class RFID tags and incorporates the latest chip technology into its packaging solutions