"Executive Summary Connected Packaging Market Size and Share Forecast

Connected packaging market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 7.4% in the above-mentioned forecast period.

This Connected Packaging Market Research Report also conducts analysis on consumption of the market, key players involved, sales, price, revenue, and market share with volume and value for each region. This Connected Packaging Market research report has been prepared with a nice blend of industry insight, smart and practical solutions, and the newest technology to present a better user experience. This global market report also encompasses predictions utilizing a practical arrangement of uncertainties and techniques. Connected Packaging report comprises better market insights with which driving the business into the right direction becomes easy. In addition, it makes out and analyzes the emerging trends along with major driving factors, challenges, and opportunities in the market for Connected Packaging Market industry.

Market segmentation is the major parameter of this Connected Packaging report that categorizes the market depending upon application, vertical, deployment model, end-user, geography, etc. Data models utilized for the research methodology are merchant positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, thorough analysis, and vendor share analysis. This Connected Packaging report also evaluates the potential market for a new product, consumers’ reactions to particular product, general market tendencies, different types of customers, and the depth of the marketing problem. Connected Packaging Market research report has been prepared by including most advanced insight and analysis, which furnishes maximum benefits to the Connected Packaging Market industry.

Gain clarity on industry shifts, growth areas, and forecasts in our Connected Packaging Market report. Get your copy:
https://www.databridgemarketresearch.com/reports/global-connected-packaging-market

Connected Packaging Market Review

Segments

- Based on Technology: RFID (Radio-Frequency Identification), NFC (Near-Field Communication), QR Code, Bluetooth Low Energy (BLE)
- Based on Application: Food & Beverage, Pharmaceuticals, Personal Care, Electronics, Others
- Based on End-User: Manufacturers, Retailers, Consumers

The global connected packaging market is segmented on the basis of technology, application, and end-user. The technology segment includes RFID, NFC, QR Code, and Bluetooth Low Energy (BLE). RFID technology allows for wireless communication between the packaging and a reader device, enabling real-time tracking and data collection. NFC technology enables communication between the packaging and NFC-enabled devices, providing information to consumers with a simple tap. QR codes offer a quick and easy way for consumers to access digital content related to the product. Bluetooth Low Energy technology enables continuous communication between the packaging and a smartphone for enhanced interactivity. In terms of application, the market is categorized into food & beverage, pharmaceuticals, personal care, electronics, and others. The adoption of connected packaging in these industries offers various benefits such as product authentication, supply chain visibility, and consumer engagement. Furthermore, based on end-user, the market is segmented into manufacturers, retailers, and consumers, each playing a crucial role in the utilization and implementation of connected packaging solutions.

Market Players

- Amcor PLC
- Sonoco Products Company
- Smartrac N.V.
- Avery Dennison Corporation
- BASF SE
- Ball Corporation
- International Business Machines Corp. (IBM)
- Thinfilm Electronics
- Stora Enso
- Graphic Packaging International, LLC

Key players in the global connected packaging market include Amcor PLC, Sonoco Products Company, Smartrac N.V., Avery Dennison Corporation, BASF SE, Ball Corporation, International Business Machines Corp. (IBM), Thinfilm Electronics, Stora Enso, and Graphic Packaging International, LLC. These companies are actively involved in developing innovative connected packaging solutions to meet the evolving needs of the market. They focus on strategic partnerships, acquisitions, and product launches to strengthen their market presence and expand their product offerings. By leveraging technological advancements such as RFID, NFC, and smart sensors, these market players are enhancing the functionality and value of connected packaging solutions for various industries.

The global connected packaging market is witnessing a significant surge in demand driven by the increasing adoption of smart technologies across various industries. One of the key trends shaping the market is the growing emphasis on enhancing consumer engagement and product visibility through connected packaging solutions. Companies in the food & beverage, pharmaceuticals, personal care, electronics, and other sectors are increasingly leveraging technologies such as RFID, NFC, QR codes, and Bluetooth Low Energy to offer interactive and personalized experiences to consumers. These technologies not only enable real-time tracking and authentication but also provide valuable data insights for manufacturers and retailers to optimize their supply chain and marketing strategies.

Moreover, the market players mentioned above are at the forefront of innovation in the connected packaging space. Companies like Amcor PLC and Sonoco Products Company are focusing on developing sustainable and recyclable connected packaging solutions to align with the growing consumer demand for eco-friendly products. Smartrac N.V. and Avery Dennison Corporation are investing in R&D to enhance the security features of connected packaging to combat counterfeiting and ensure product authenticity. BASF SE and Stora Enso are exploring the integration of smart sensors and data analytics to enable intelligent packaging solutions that offer real-time monitoring and customized experiences for consumers.

In addition to product innovation, strategic collaborations and partnerships are also playing a crucial role in driving the growth of the connected packaging market. Companies like Ball Corporation and Graphic Packaging International, LLC are forming strategic alliances with technology providers and software developers to enhance the connectivity and functionality of their packaging solutions. International Business Machines Corp. (IBM) and Thinfilm Electronics are leveraging their expertise in data management and digital printing technologies to offer end-to-end connected packaging solutions that streamline operations and improve consumer engagement.

As the demand for connected packaging continues to rise, market players are expected to focus on expanding their geographical presence and diversifying their product portfolios to cater to a wider range of industries and applications. With advancements in IoT, AI, and blockchain technologies, the future of connected packaging looks promising, with opportunities for innovative solutions that drive sustainability, transparency, and enhanced consumer experiences. The global connected packaging market is poised for rapid growth, fueled by the convergence of technology, consumer preferences, and industry collaborations.The global connected packaging market is experiencing a notable surge in demand driven by the escalating adoption of smart technologies across various industries. Companies are progressively integrating technologies like RFID, NFC, QR codes, and Bluetooth Low Energy to deliver interactive and personalized experiences to consumers in sectors such as food & beverage, pharmaceuticals, personal care, and electronics. These technologies not only enable real-time tracking and authentication but also offer valuable data insights for manufacturers and retailers to optimize their supply chain and marketing strategies. Moreover, key market players such as Amcor PLC, Sonoco Products Company, Smartrac N.V., and Avery Dennison Corporation are actively engaged in developing environmentally friendly solutions to align with the increasing consumer preference for sustainable products.

Furthermore, innovation in security features is a priority for companies like Smartrac N.V. and Avery Dennison Corporation to combat counterfeit products and ensure authenticity in the market. BASF SE and Stora Enso are exploring the integration of smart sensors and data analytics to enable intelligent packaging solutions that provide real-time monitoring and customized experiences for consumers. Strategic collaborations and partnerships are also playing a crucial role in advancing the connected packaging market's growth. Companies such as Ball Corporation and Graphic Packaging International, LLC are forming strategic alliances with technology providers and software developers to enhance the connectivity and functionality of their packaging solutions. International Business Machines Corp. (IBM) and Thinfilm Electronics are leveraging their expertise in data management and digital printing to offer end-to-end connected packaging solutions that optimize operations and enhance consumer engagement.

Moving forward, market players are expected to focus on expanding their global footprint and diversifying their product portfolios to cater to a broader range of industries and applications. With advancements in IoT, AI, and blockchain technologies, the future of connected packaging appears promising, offering opportunities for innovative solutions that drive sustainability, transparency, and improved consumer experiences. The convergence of technology, consumer preferences, and industry collaborations is set to fuel rapid growth in the global connected packaging market, making it a crucial space for companies looking to stay competitive and meet the evolving demands of the market.

Uncover the company’s portion of market ownership
https://www.databridgemarketresearch.com/reports/global-connected-packaging-market/companies

Structured Market Research Questions for Connected Packaging Market

• What is the present size of the global Connected Packaging industry?
• What annual growth rate is projected for the Connected Packaging sector?
• What are the main segment divisions in the Connected Packaging Market report?
• Who are the established players in the global Connected Packaging Market?
• What geographic areas are explored in the Connected Packaging Market report?
• Who are the leading manufacturers and service providers for Connected Packaging Market?

Browse More Reports:

Global Vitamin Deficiency Treatment Market
Global Automotive Bicycle Chain Market
Global Business Process Management (BPM) in Real Estate Market
Global Orthopaedic Imaging Equipment Market
Global Water Based Heliports Market
Global Medical Kits Market
Global Needle Destroyer Market
Global Makeup Tools Market
Global Saltwater Batteries Market
Global Spunbond Nonwovens Market
Global Zoonotic Disease Treatment Market
Global Pleuritis Market
Global Armored Vehicle Market
Global Cable Testing and Certification Market
Global Polyurethane Additives Market

About Data Bridge Market Research:

An absolute way to forecast what the future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC : +653 1251 975
Email:- corporatesales@databridgemarketresearch.com

 "