Global Smart Packaging Market Size & Outlook, 2023-2030
The smart packaging industry worldwide is expected to reach a projected revenue of US$ 43.3 million by 2030. A compound annual growth rate of 6.1% is expected of the worldwide smart packaging industry from 2024 to 2030.
Revenue, 2023 (US$M)
$28.6
Forecast, 2030 (US$M)
$43.3
CAGR, 2024 - 2030
6.1%
Report Coverage
Worldwide
Global smart packaging market, 2018-2030 (US$M)
Global smart packaging market highlights
- The global smart packaging market generated a revenue of USD 28.6 million in 2023 and is expected to reach USD 43.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.1% by 2030.
- In terms of segment, modified atmosphere packaging (map) accounted for a revenue of USD 28.6 million in 2023.
- Modified Atmosphere Packaging (MAP) is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 28.6 million |
| Market revenue in 2030 | USD 43.3 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Modified atmosphere packaging (map) |
| Fastest growing segment | Modified Atmosphere Packaging (MAP) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Modified Atmosphere Packaging (MAP) |
Other key industry trends
- In terms of revenue, the North America accounted for 42.0% of the global smart packaging market in 2023.
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Smart Packaging Market Scope
Smart packaging market segmentation & scope
Modified Atmosphere Packaging (MAP)
Active Packaging
Gas Scavengers
Corrosion Control Packaging
Moisture Control Packaging
Intelligent Packaging
Time temperature indicator
Gas Indicator
Thermochromic Ink
Application
Food & Beverages
Personal Care & Cosmetics
Pharmaceuticals
Electronics
E-commerce
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
South Africa
Saudi Arabia
UAE
Smart Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart packaging market will help companies and investors design strategic landscapes.
Modified atmosphere packaging (map) was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global smart packaging market based on modified atmosphere packaging (map) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Packaging Technology Outlook (Revenue, USD Million, 2018-2030)
- Modified Atmosphere Packaging (MAP)
- Active Packaging
- Gas Scavengers
- Corrosion Control Packaging
- Moisture Control Packaging
- Intelligent Packaging
- Time temperature indicator
- Gas Indicator
- Thermochromic Ink
- Global Smart Packaging Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Personal Care & Cosmetics
- Pharmaceuticals
- Electronics
- E-commerce
- Others
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Target buyers of Global smart packaging market databook
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Our clientele includes a mix of smart packaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global smart packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global smart packaging market size, by regions, 2018-2030 (US$M)
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