Global Smart Packaging Market Size, Trends and Growth Opportunity, By Type (Active Packaging, Intelligent Packaging, Interactive Packaging, Controlled Permeability Packaging, Modified Atmosphere Packaging), By Material (Solid, Liquid), By Technology (Indicators, Sensors, Data Carriers), By Packaging Functionality (Protection, Containment, Communication, Convenience), By Application (Food & Beverage, Healthcare, Personal Care, Automotive, Others), By Region and forecast till 2027.
Global Smart Packaging Market 
Global Smart Packaging Market was valued at USD 13.88 Billion in 2021 and is anticipated to reach at USD 32.5 billion by 2027 at a CAGR of 11.43% from 2022-2027.
The term "smart packaging" refers to product packaging techniques that include embedded sensor technology for use with food, medication, and many other products. It is used to enhance product and customer safety, monitor freshness, show information on quality, and extend shelf life.
Smart packaging mainly applies to packaging that has various technologies integrated into it, such as biosensors and radio frequency identification. It is a collection of reducing packaging techniques and an integration of numerous cutting-edge technology techniques that can be used when packaging sensitive contents that demand improved traceability. Smart packaging options give customers more information on the quality and freshness of the contents, enhancing convenience and safety levels, and even effectively extending the contents' overall shelf life.
Market Drivers
Due to their temperature-sensitive contents, the food, beverage, and pharmaceutical industries are increasingly demanding temperature-controlled packaging solutions. This is fueling the market's expansion. Labels are used by firms in this industry today to brand products and identify parts, which increases consumer demand. As a result of the environmental issues it generates, manufacturers are now looking for eco-friendly options and choosing smart packaging, which provides more eco-friendly solutions. As a result, smart packaging is used more often. The market for smart packaging is propelled by the rise in demand for better health, safety, and authenticity. Increased shelf life, decreased counterfeiting, greater safety at a cheap cost, and simple installation are just a few of the benefits that smart packaging offers over conventional packaging.
Marker Restraints
It is anticipated that a lack of consumer knowledge would further slow the market's growth rate, which will provide obstacles for the market's expansion. Lack of consumer preference for these smart solutions is a direct outcome of this lack of consumer awareness. Due to the costs of sensors and radio frequency identification (RFIDs) used for packaging applications, better packaging is more expensive than standard forms of packaging, which is contributing to the failure over the mass applications for packaging systems. In addition, it results in the gathering of customer information, which, in the opinion of the producers, may in the future create manipulative and tense situations that constrain the market.
Impact of COVID-19
Construction, industrial, hospitality, and tourism businesses were severely impacted by the COVID-19 outbreak. Manufacturing operations were suspended or limited. Globally, supply networks for the construction and transportation industries were disrupted. This reduced the production of smart packaging as well as the market's demand for them, which hindered the market's expansion for
smart packaging. On the other hand, businesses gradually began providing their usual goods and services. The smart packaging companies were able to resume operations at full capacity as a result, which assisted in the market's recovery by the end of 2021.
Market Segmentation
Global Smart Packaging Market is segmented into Type, Material, Technology, Functionality, Application. By Type such as Active Packaging, Intelligent Packaging, Interactive Packaging, Controlled Permeability Packaging, Modified Atmosphere Packaging. By Material such as Solid, Liquid. By Technology such as Indicators, Sensors, Data Carriers. By Packaging Functionality such as Protection, Containment, Communication, Convenience. By Application such as Food & Beverage, Healthcare, Personal Care, Automotive, Others.
Regional Analysis
Global Smart Packaging Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Because of the region's existing infrastructure for smart warehousing, logistics, and packaging, North America is anticipated to lead the smart packaging market and will maintain its pattern of dominance during the projected period. Due to the strong demand for packaged food and related packaged items, which necessitates greater care and concern in the logistics cycle, Asia Pacific is predicted to have profitable growth.
Key Players
This report includes a list of numerous Key Players, namely TempTime Corporation, PakSense, American Thermal Instruments, Avery Dennison, R.R. Donnelly Sons & Company, International Paper, Stora Enso, Thin Film Electronics ASA, Huhtamaki Group, Smartrac N.V.
Market Taxonomy
By Type
•        Active Packaging
•        Intelligent Packaging
•        Interactive Packaging
•        Controlled Permeability Packaging
•        Modified Atmosphere Packaging. 
By Material 
•        Solid
•        Liquid. 
By Technology 
•        Indicators
•        Sensors
•        Data Carriers. 
By Packaging Functionality 
•        Protection
•        Containment
•        Communication
•        Convenience. 
By Application 
•        Food & Beverage
•        Healthcare
•        Personal Care
•        Automotive
•        Others.
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa.

Global Smart Packaging Market TOC:
1 Introduction        
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Smart Packaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Smart Packaging Market, By Type
5.1 Y-o-Y Growth Comparison, By Type 
5.2 Global Smart Packaging Market Share Analysis, By Type 
5.3 Global Smart Packaging Market Size and Forecast, By Type
5.3.1 Active Packaging
5.3.2 Intelligent Packaging
5.3.3 Interactive Packaging
5.3.4 Controlled Permeability Packaging
5.3.5 Modified Atmosphere Packaging. 
6 Global Smart Packaging Market, By Material
6.1 Y-o-Y Growth Comparison, By Material
6.2 Global Smart Packaging Market Share Analysis, By Material
6.3 Global Smart Packaging Market Size and Forecast, By Material
6.3.1 Solid
6.3.2 Liquid. 
7 Global Smart Packaging Market, By Technology
7.1 Y-o-Y Growth Comparison, By Technology
7.2 Global Smart Packaging Market Share Analysis, By Technology
7.3 Global Smart Packaging Market Size and Forecast, By Technology
7.3.1 Indicators
7.3.2 Sensors
7.3.3 Data Carriers. 
8 Global Smart Packaging Market, By Packaging Functionality
8.1 Y-o-Y Growth Comparison, By Packaging Functionality
8.2 Global Smart Packaging Market Share Analysis, By Packaging Functionality 
8.3 Global Smart Packaging Market Size and Forecast, By Packaging Functionality 
8.3.1 Protection
8.3.2 Containment
8.3.3 Communication
8.3.4 Convenience 
9 Global Smart Packaging Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global Smart Packaging Market Share Analysis, By Application
9.3 Global Smart Packaging Market Size and Forecast, By Application
9.3.1 Food & Beverage
9.3.2 Healthcare
9.3.3 Personal Care
9.3.4 Automotive
9.3.5 Others.
10 Global Smart Packaging Market, By Region
6.1 Global Smart Packaging Market Share Analysis, By Region
6.2 Global Smart Packaging Market Share Analysis, By Region
6.3 Global Smart Packaging Market Size and Forecast, By Region
11 North America Smart Packaging Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 North America Smart Packaging Market Share Analysis, By Type
11.3 North America Smart Packaging Market Share Analysis, By Material
11.4 North America Smart Packaging Market Share Analysis, By Technology
11.5 North America Smart Packaging Market Share Analysis, By Packaging Functionality
11.6 North America Smart Packaging Market Share Analysis, By Application
11.7 North America Smart Packaging Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 Europe Smart Packaging Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 Europe Smart Packaging Market Share Analysis, By Type 
8.3 Europe Smart Packaging Market Size and Forecast, By Material
8.4 Europe Smart Packaging Market Size and Forecast, By Technology
8.5 Europe Smart Packaging Market Size and Forecast, By Packaging Functionality
8.6 Europe Smart Packaging Market Size and Forecast, By Application
8.7 Europe Smart Packaging Market Size and Forecast, By Country
8.7.1 Germany
8.7.2 France
8.7.3 UK
8.7.4. Rest of Europe
9 Asia Pacific Smart Packaging Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Asia Pacific Smart Packaging Market Share Analysis, By Type 
9.3 Asia Pacific Smart Packaging Market Size and Forecast, By Material
9.4 Asia Pacific Smart Packaging Market Size and Forecast, By Technology
9.5 Asia Pacific Smart Packaging Market Size and Forecast, By Packaging Functionality
9.6 Asia Pacific Smart Packaging Market Size and Forecast, By Application
9.7 Asia Pacific Smart Packaging Market Size and Forecast, By Country
9.7.1 China        
9.7.2 Japan
9.7.3 India
9.7.4. Rest of Asia Pacific
10 Latin America Smart Packaging Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Latin America Smart Packaging Market Share Analysis, By Type 
10.3 Latin America Smart Packaging Market Share Analysis, By Material
10.4 Latin America Smart Packaging Market Share Analysis, By Technology
10.5 Latin America Smart Packaging Market Share Analysis, By Packaging Functionality
10.6 Latin America Smart Packaging Market Share Analysis, By Application
10.7 Latin America Smart Packaging Market Size and Forecast, Country
10.7.1. Brazil
10.7.2. Rest of Latin America
11 Middle East Smart Packaging Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Middle East Smart Packaging Market Share Analysis, By Type 
11.3 Middle East Smart Packaging Market Size and Forecast, By Material
11.4 Middle East Smart Packaging Market Size and Forecast, By Technology
11.5 Middle East Smart Packaging Market Size and Forecast, By Packaging Functionality
11.6 Middle East Smart Packaging Market Size and Forecast, By Application
11.7 Middle East Smart Packaging Market Size and Forecast, By Country
11.7.1. Saudi Arabia
11.7.2. UAE
11.7.3. Egypt
11.7.4. Kuwait
11.7.5. South Africa
12 Competitive Analysis
12.1 Competition Dashboard
12.2 Market share Analysis of Top Vendors
12.3 Key Development Strategies
13 Company Profiles
13.1 TempTime Corporation 
13.1.1 Overview
13.1.2 Offerings
13.1.3 Key Financials
13.1.4 Business Segment & Geographic Overview
13.1.5 Key Market Developments
13.1.6 Key Strategies
13.2. PakSense
13.2.1 Overview
13.2.2 Offerings
13.2.3 Key Financials
13.2.4 Business Segment & Geographic Overview
13.2.5 Key Market Developments
13.2.6 Key Strategies
13.3. American Thermal Instruments
13.3.1 Overview
13.3.2 Offerings
13.3.3 Key Financials
13.3.4 Business Segment & Geographic Overview
13.3.5 Key Market Developments
13.3.6 Key Strategies
13.4 Avery Dennison
13.4.1 Overview
13.4.2 Offerings
13.4.3 Key Financials
13.4.4 Business Segment & Geographic Overview
13.4.5 Key Market Developments
13.4.6 Key Strategies
13.5 R.R. Donnelly Sons & Company 
13.5.1 Overview
13.5.2 Offerings
13.5.3 Key Financials
13.5.4 Business Segment & Geographic Overview
13.5.5 Key Market Developments
13.5.6 Key Strategies
13.6 International Paper
13.6.1 Overview
13.6.2 Offerings
13.6.3 Key Financials
13.6.4 Business Segment & Geographic Overview
13.6.5 Key Market Developments
13.6.6 Key Strategies
13.7 Stora Enso
13.7.1 Overview
13.7.2 Offerings
13.7.3 Key Financials
13.7.4 Business Segment & Geographic Overview
13.7.5 Key Market Developments
13.7.6 Key Strategies        
13.8 Thin Film Electronics ASA
13.8.1 Overview
13.8.2 Offerings
13.8.3 Key Financials
13.8.4 Business Segment & Geographic Overview
13.8.5 Key Market Developments
13.8.6 Key Strategies
13.9 Huhtamaki Group 
13.9.1 Overview
13.9.2 Offerings
13.9.3 Key Financials
13.9.4 Business Segment & Geographic Overview
13.9.5 Key Market Developments
13.9.6 Key Strategies
13.10 Smartrac N.V.
13.10.1 Overview
13.10.2 Offerings
13.10.3 Key Financials
13.10.4 Business Segment & Geographic Overview
13.10.5 Key Market Developments
13.10.6 Key Strategies