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Edition: 5; Released: January 2022
Executive Pool: 872
Companies: 23 – Players covered include Amcor Plc; Ball Corporation; BASF SE; Berry Global, Inc.; Coveris Holdings SA; Dansensor A/S; Desicare, Inc.; Huhtamaki PPL Ltd; LINPAC Packaging Limited; Point Five Packaging, LLC; Praxair, Inc.; Sealed Air Corporation; Winpak Limited and Others.
Coverage: All major geography and key segments
Segments: Product Type (Active Packaging, Intelligent Packaging); Application (Food & Beverage, Healthcare, Personal Care, Automotive, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of the World.
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Global Smart Packaging Market to Reach $15.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Smart Packaging estimated at US$9.9 Billionis projected to reach a revised size of US$15.3 Billion by 2026, growing at a CAGR of 7.4% over the analysis period. Active Packaging, one of the segments analyzed in the report, is projected to record a 6.4% CAGR and reach US$11.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Intelligent Packaging segment is readjusted to a revised 10% CAGR for the next 7-year period.
The US Market is Estimated at $3.2 Billion in 2021, While China is Forecast to Reach $2.7 Billion by 2026
The Smart Packaging market in the US is estimated at US$3.2 Billion in the year 2021. Chinathe world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2026 trailing a CAGR of 7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 6.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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Global Industry Analysts, Inc.
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