Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Smart Packaging Market to reach USD 63.2 billion by the end of 2030.

Global Smart Packaging Market Size study & Forecast, by Type (Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging), by Application (Food & beverage, Personal care, Automotive, Healthcare, Others), by Material (Solid, Liquid) and Regional Analysis, 2023-2030

Product Code: CMP-40509719
Publish Date: 10-06-2023
Page: 200

Global Smart Packaging Market is valued approximately USD 41.5 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.39% over the forecast period 2023-2030. Smart Packaging promotes transparency for the quick tracking and tracing of a product’s actual position in the supply chain using unique barcodes, QR codes, or RFID technologies. The Smart Packaging market is expanding growing due to research into numerous F&B applications for nanotechnology, retailer and manufacturer need for shelf-stable and sustainable packaging choices, and increased packaged food product consumption. Some of the major key players include Crown Holdings, Inc., Constar International Inc., are more focused on capitalizing on R&D for the better and improved product packaging output according to the product shelf-life requirements. Therefore, as technology improves and demand for connected experiences continues to grow, this market is likely to accelerate in the forthcoming decade.

Market expansion is being driven by a spike in the demand for smart packaging in the food industry. Smart packaging can be used in the food and beverage industry to track a product’s location throughout transit, monitor its quality and freshness, and provide the consumer with information on its ingredients and nutritional value. This might improve the quality and safety of the goods as well as the shopping experience. According to Fao.org, in 2022, the global market value of food packaging was estimated to be worth about 363 billion U.S. dollars and it is anticipated to grow 512 billion U.S dollars throughout the forecast period. Additionally, Online shopping is becoming more popular, and user-friendly packing solutions with tracking of data regarding shipment and delivery of the goods assist clients, providing profitable chances for the industry. E-commerce opens up new opportunities for the packaging industry also, Innovating packaging for the healthcare industry generates demand for smart packaging. However, high costs in mass applications can constraints the market from growing throughout the forecast period.

The key regions considered for the Global Smart Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 as growing demand for packaged food goods necessitates innovative packaging methods to maintain product safety, quality, and freshness. Furthermore, the growing popularity of e-commerce and home delivery services has increased demand for active and intelligent packaging solutions that may enable real-time tracking and communication for product delivery.
The Growth of food packaging valued as USD 92.3 million in 2020 and USD 117.2 million in 2025.
Asia Pacific is expected to grow significantly during the forecast period, owing to show lucrative growth due to high demands for packaged food and associated packaged products that require increased concerns and care in the logistics cycle.
92.3, 2020 117.2-2025

Major market player included in this report are:
Avery Dennison Corporation
American Thermal Instruments
Temptime Corporation
Smartrac N.V.
Thin Film Electronics ASA
Stora Enso
International Paper
Amcor plc
Recent Developments in the Market:
Ø In Feb 2021, JRI Company announced an increase in capacity by fully integrating Lab guard 3D equipment into the JRI-My Sirius system.
Ø In March 2021,Amcor China has collaborated with JD Farm, to create the next generation of packaging for a more effective and interactive consumer engagement.

Global Smart Packaging Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application, Material, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Type:
Active Packaging
Intelligent Packaging
Modified Atmosphere Packaging

By Application:
Food & beverage
Personal care

By Material:

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Smart Packaging Market, by Region, 2020-2030 (USD Billion)
1.2.2. Smart Packaging Market, by Type, 2020-2030 (USD Billion)
1.2.3. Smart Packaging Market, by Application, 2020-2030 (USD Billion)
1.2.4. Smart Packaging Market, by Material, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Packaging Market Dynamics
3.1. Smart Packaging Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing demand for smart packaging in the food industry. Better and improved product packaging
3.1.2. Market Challenges High Cost in mass applications
3.1.3. Market Opportunities Advancements in Online Shopping Platform
Chapter 4. Global Smart Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Packaging Market, by Type
5.1. Market Snapshot
5.2. Global Smart Packaging Market by Type, Performance – Potential Analysis
5.3. Global Smart Packaging Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Smart Packaging Market, Sub Segment Analysis
5.4.1. Active Packaging
5.4.2. Intelligent Packaging
5.4.3. Modified Atmosphere Packaging
Chapter 6. Global Smart Packaging Market, by Application
6.1. Market Snapshot
6.2. Global Smart Packaging Market by Application, Performance – Potential Analysis
6.3. Global Smart Packaging Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Smart Packaging Market, Sub Segment Analysis
6.4.1. Food & beverage
6.4.2. Personal care
6.4.3. Automotive
6.4.4. Healthcare
6.4.5. Others
Chapter 7. Global Smart Packaging Market, by Material
7.1. Market Snapshot
7.2. Global Smart Packaging Market by Material, Performance – Potential Analysis
7.3. Global Smart Packaging Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
7.4. Smart Packaging Market, Sub Segment Analysis
7.4.1. Solid
7.4.2. Liquid
Chapter 8. Global Smart Packaging Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Smart Packaging Market, Regional Market Snapshot
8.4. North America Smart Packaging Market
8.4.1. U.S. Smart Packaging Market Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 Material breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Smart Packaging Market
8.5. Europe Smart Packaging Market Snapshot
8.5.1. U.K. Smart Packaging Market
8.5.2. Germany Smart Packaging Market
8.5.3. France Smart Packaging Market
8.5.4. Spain Smart Packaging Market
8.5.5. Italy Smart Packaging Market
8.5.6. Rest of Europe Smart Packaging Market
8.6. Asia-Pacific Smart Packaging Market Snapshot
8.6.1. China Smart Packaging Market
8.6.2. India Smart Packaging Market
8.6.3. Japan Smart Packaging Market
8.6.4. Australia Smart Packaging Market
8.6.5. South Korea Smart Packaging Market
8.6.6. Rest of Asia Pacific Smart Packaging Market
8.7. Latin America Smart Packaging Market Snapshot
8.7.1. Brazil Smart Packaging Market
8.7.2. Mexico Smart Packaging Market
8.8. Middle East & Africa Smart Packaging Market
8.8.1. Saudi Arabia Smart Packaging Market
8.8.2. South Africa Smart Packaging Market
8.8.3. Rest of Middle East & Africa Smart Packaging Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. 3M Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Avery Dennison Corporation
9.3.3. American Thermal Instruments
9.3.4. Temptime Corporation
9.3.5. Smartrac N.V.
9.3.6. BASF SE
9.3.7. Thin Film Electronics ASA
9.3.8. Stora Enso
9.3.9. International Paper
9.3.10. Amcor plc
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now