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Smart Packaging Market Research Report by Technology, by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19

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·5-min read

Smart Packaging Market Research Report by Technology (Active Packaging, Intelligent Packaging (IP), and Modified Atmosphere Packaging (MAP)), by Application (Automotive, Consumer Goods and Electronics, Food & Beverages, and Healthcare) - Global Forecast to 2025 - Cumulative Impact of COVID-19

New York, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Smart Packaging Market Research Report by Technology, by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p05941977/?utm_source=GNW

The Global Smart Packaging Market is expected to grow from USD 40,018.58 Million in 2019 to USD 58,791.56 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.62%.

Market Segmentation & Coverage:
This research report categorizes the Smart Packaging to forecast the revenues and analyze the trends in each of the following sub-markets:

"The Modified Atmosphere Packaging (MAP) is projected to witness the highest growth during the forecast period"

Based on Technology, the Smart Packaging Market studied across Active Packaging, Intelligent Packaging (IP), and Modified Atmosphere Packaging (MAP). The Active Packaging further studied across Antimicrobial, Corrosion Control, Gas Scavengers, and Moisture Control. The Intelligent Packaging (IP) further studied across Indicators and Tracking Devices. The Active Packaging commanded the largest size in the Smart Packaging Market in 2019. On the other hand, the Modified Atmosphere Packaging (MAP) is expected to grow at the fastest CAGR during the forecast period.

"The Healthcare is projected to witness the highest growth during the forecast period"

Based on Application, the Smart Packaging Market studied across Automotive, Consumer Goods and Electronics, Food & Beverages, and Healthcare. The Food & Beverages commanded the largest size in the Smart Packaging Market in 2019. On the other hand, the Healthcare is expected to grow at the fastest CAGR during the forecast period.

"The Asia-Pacific is projected to witness the highest growth during the forecast period"

Based on Geography, the Smart Packaging Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Americas commanded the largest size in the Smart Packaging Market in 2019. On the other hand, the Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.

Company Usability Profiles:
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Smart Packaging Market including 3M, Amcor Limited, American Thermal Instruments (ATI), Avery Dennison Corp., BASF SE, E. I. Du Pont De Nemours and Company, Emerson Electric Co., Huhtamaki Group, International Paper, Multisorb Technologies Inc., R.R. Donnelley & Sons Company, Sealed Air Corporation, Smartrac N.V., Sonoco Products Company, Stora Enso OYJ, Temptime Corporation, Thin Film Electronics ASA, UPM-Kymmene Corporation, and WestRock Company.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Smart Packaging Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Smart Packaging Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Smart Packaging Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Smart Packaging Market?
4. What is the competitive strategic window for opportunities in the Global Smart Packaging Market?
5. What are the technology trends and regulatory frameworks in the Global Smart Packaging Market?
6. What are the modes and strategic moves considered suitable for entering the Global Smart Packaging Market?
Read the full report: https://www.reportlinker.com/p05941977/?utm_source=GNW

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