Could this Top Companies in Smart Packaging Market Article be the Definitive Answer for you
Smart Packaging market was estimated to be valued USD 13.88 Billion in 2021 and is projected to attain a value of USD 33.00 Billion by 2028
Coralia.Joe
Market Overview:
According to Vantage market research, the global Smart Packaging market was estimated to be valued at USD 13.88 Billion in 2021 and is projected to attain a value of USD 33.00 Billion by 2028 at a CAGR of around 12% over the forecast period, 2022–2028. Factor such as rising demand for improved authenticity, safety, and health is propelling the growth of the smart packaging market in coming years. Smart packaging is a combination of modified, intelligent, and active atmosphere packaging techniques basically offered to monitor and increase self-life. Thus, it increases the demand for the smart packaging market over the projected year.
Smart packaging nowadays uses a new technology called the intelligent packaging technique in the food industry. This technology includes Artificial Intelligence, Near Field Communication (NFC), and Radio Frequency Identification (RFID). In near-field communication, the sensor has been used for inventory tracking purposes whereas RFID is used to give accurate information such as counterfeit prevention. All these innovations are responsible to influence the growth of the smart packaging market in the coming years. In addition, the increasing commercialization of printed electronics for smart labels is expected to bolster the growth of the smart packaging market. Furthermore, various companies are started developing their product by using advanced smart packaging technologies. For instance, Tetra Pak, a Swedish-Swiss multinational food packaging and processing company, introduced a connected packaging platform to supply milk and juice cartons through interactive information channels, full-scale data carriers, and digital tools.
Following are the top 9 leading companies in the smart packaging market:
|
Company Name |
Revenue in USD |
|
$13 Billion |
|
$889 Million |
|
<$5 Million |
|
$25 Million |
|
$1 Billion |
|
$8 Billion |
|
$13 Billion |
|
$22 Million |
|
$66 Billion |
Amcor Plc is located in Southbank, VICTORIA, Australia, and is part of the Converted Paper Product Manufacturing Industry. More than a century old, the company is a diverse industrial conglomerate, its four segments making and selling products from aircraft engines, flight safety, and landing systems to smart controls for commercial buildings to personal safety products such as gas masks and footwear. The major products and services, including Honeywell Forge solutions supported by Honeywell Connected Enterprise. The company does business worldwide and generates more than half its sales in the US. The company was founded in 1885 by the inventor Albert Butz.
Winpak manufactures and distributes high-quality packaging materials and related innovative packaging machines for the protection of perishable foods, beverages, and dairy products. The Company also has clients in the non-food markets such as pharmaceutical and complex industrial applications. The company is a part of a global packaging group and operates twelve production facilities in Canada, the United States, and Mexico. The Company offers customers global coverage and expertise. The North American business units assist customers throughout the United States, Canada, Latin America, the Pacific Rim countries, and, for certain products, Europe and the Middle East.
Point Five Packaging is a leader in Modified Atmosphere Packaging systems and food packaging concepts designed to enhance shelf life and functionality. The company supplies food packaging materials and machinery to companies across the globe. Equipped with an extensive partner network of suppliers that delivers advanced materials and packaging technologies, the company provides an appropriate solution for nearly any food packaging need. The company's rapid concept-to-market capabilities allow bringing packaging concepts to life with shorter lead times, while the company's effective solutions help cut operational costs, improve productivity, and increase profits.
Dansensor is a Danish manufacturer of quality control and assurance equipment for the food industry. The company has more than 25 years of experience with quality control of Modified Atmosphere Packaging. The company employees 110 people worldwide, 60 in the headquarters in Ringsted, Denmark, and the remaining in 4 fully owned subsidiaries in Spain, Germany, France, and Italy.
At Praxair, 27,000 employees in 50 countries are working together towards a common goal: making the company more productive. Praxair began business operations in India in 1995 through a joint venture with Jindal Steel Works and built one of the largest air separation plants in the world in Bellary, Karnataka. The company provides a reliable, consistent, supply of industrial gases via advanced air separation plants and delivery systems that are both cost-effective and safe. Whether providing oxygen for steel-making, hydrogen for petrochemical production, argon for metal fabrication, carbon dioxide for food and beverage, or helium for medical imaging, the company is helping India's leading companies improve their competitive position in the marketplace.
Berry Global Group, Inc. was established in 1967. Headquartered in Evansville, Indiana, the company is committed to its mission of ‘Always Advancing to Protect What’s Important,’ and proudly partners with its customers to provide them with value-added protective solutions. The company is a leading global supplier of a broad range of innovative non-woven, flexible, and rigid products used every day within consumer and industrial end markets. The company’s products are designed utilizing proprietary research and unique development and manufacturing technologies.
Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care, and household products customers, as well as aerospace and other technologies and services to commercial and governmental customers. Founded in 1880, the company employs more than 21,500 people worldwide.
Desiccare is a solution-oriented company dedicated to servicing customers' needs in product packaging protection. The company provides shorter lead times compared to most manufacturers. This is important to the customers, thus the company has made investments to ensure to have enough equipment to provide products to their customers, in the shortest possible time. The company also provides competitive pricing for all active packaging needs. The company is continuously improving its production lines by eliminating waste, reducing cost, and increasing efficiency while keeping the highest standard of quality. The end result is cost savings that are transferred to their customers.
BASF SE is a German multinational chemical company and the largest chemical producer in the world. The company comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas, and Africa. Headquarters in Ludwigshafen, Germany, the company has customers in over 190 countries and supplies products to a wide variety of industries. The company carries out production, marketing, and sales of chemicals, plastics, crop protection products, and performance products. Its product line comprises solvents, adhesives, surfactants, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides.
Get Free Sample Here: https://www.vantagemarketresearch.com/smart-packaging-market-1300/request-sample
For More Information about each of these companies. Vantage Market Research Report comes up with a detailed analysis of each major player in the industry. The Study provides Global market size & share, Emerging trends, In-depth analysis of key players, Development opportunities, Sales, Revenue Forecast.
