Smart Packaging Market
Smart Packaging Market - Global Industry Assessment & Forecast
Segments Covered
- By Technology Physical Tests, Spectroscopy & Photometric-Based, Chromatography-Based
- By End-user Vertical Food, Beverage, Healthcare, Personal Care, Other End-user Verticals
- By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
- By Type Physical, Chemical, Microbiological
- By Material Glass, Plastic, Paper, Metals
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 14.55 Billion |
Revenue 2030: | USD 35.79 Billion |
Revenue CAGR (2023 - 2030): | 11.90% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Smart Packaging Market by Technology by End-user Vertical by Region by Type by Material - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Primary research is conducted to verify and revalidate the data gained/procured from the secondary data sources. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Smart Packagingmarket size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Smart Packagingsupply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Smart Packagingmarket.
FAQ
Frequently Asked Question
What is the global demand for Smart Packaging in terms of revenue?
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The global Smart Packaging valued at USD 14.55 Billion in 2022 and is expected to reach USD 35.79 Billion in 2030 growing at a CAGR of 11.90%.
Which are the prominent players in the market?
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The prominent players in the market are Bureau Veritas SA (France), SGS S.A. (Switzerland), Eurofins Scientific SE (Luxembourg), Intertek Group Plc. (U.K.), Mérieux NutriSciences Corporation (U.S.), TÜV SÜD AG (Germany), ALS Limited (Australia), National Technical Systems, Inc. (U.S.), Microbac Laboratories Inc. (U.S.), EMSL Analytical Inc. (U.S.), and Campden BRI (U.K.).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 11.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Smart Packaging include
- Packaging Standardization for Safety and Integrity of Packaged Products
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Smart Packaging in 2022.