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Global Analysis of the Smart and Functional Packaging Market

  • April 2014
  • 62 pages
  • Frost & Sullivan
Report ID: 2114643

Summary

Table of Contents

This market insight offers global analysis of the smart and functional packaging market. Smart packaging is defined as the conversion of normal packaging to perform multiple functions. Smart packaging can be infused into packaging at the primary, secondary, or tertiary packaging stage. The market can be classified into active packaging and intelligent packaging. Both the type and the various stages are covered in this research as are a competitive analysis, market dynamics, and company profiles.


Executive Summary


Smart packaging refers to converting normal packaging to perform multiple functions.
Smart packaging can be infused into packaging at primary, secondary, or tertiary stages
of packaging.

Technology involved in the packaging is the key to product differentiation in this market
and has lead to the development of high concentrated omega-3 pharmaceutical market.

Growing consumer concern for food wastage reduction, changing lifestyle, affordability,
and increasing consumer demand are the key drivers for smart and functional
packaging.

High price, limited consumer awareness, and limited availability of flexible plastic
materials are the major restrictions impacting the total revenue of market participants.

High research and development cost is the main challenge in the market. This needs to
be effectively addressed by market participants for greater growth.

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ref:plp2014

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