Global smart packaging market 2014-2020

26 June 2015

According to a new report by MarketsandMarkets (M&M), the global market for smart packaging is expected to reach $39.7 Billion, growing at a CAGR of 4.8% from 2014 to 2020.
Smart packaging is used for various applications, including food & beverages, automotive, healthcare, and personal care. It offers many advantages over conventional packaging, such as increased shelf life, reduced counterfeiting, increased safety coupled with low cost, and easy implementation, among others. The report covers the market on the basis of different technologies and packaging types. It also segments the smart packaging market on the basis of various applications (Press Release M&M, 20 May 2015).
Click here for the press release.
Click here for more information about the report.

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