Smart Packaging Market (2023 - 2033)_Sample Extract

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Topics Slide No Chapter 01: Smart Packaging Market Executive Summary and Conclusions Chapter 01: Smart Packaging Market Executive Summary and Conclusions - 005 Chapter 02: Smart Packaging Market - Drivers Chapter 02: Smart Packaging Market - Drivers - 025 Chapter 03: Smart Packaging Market - End-user Feedback Chapter 03: Smart Packaging Market - End-user Feedback - 030 Chapter 04: Smart Packaging Market RFID: NFC and Rain For Smart Packaging Chapter 04: Smart Packaging Market RFID: NFC and Rain For Smart Packaging - 035 Chapter 05: Smart Packaging Market Printed, Flexible and Organic Electronics Chapter 05: Smart Packaging Market Printed, Flexible and Organic Electronics - 048 Chapter 06: Smart Packaging Market - Displays Chapter 06: Smart Packaging Market - Displays - 063 Chapter 07: Smart Packaging Market - Lighting Displays Chapter 07: Smart Packaging Market - Lighting Displays - 078 Chapter 08: Smart Packaging Market - Printed, Flexible Batteries - 088 Chapter 09: Smart Packaging Market - Printed/Flexible Sensors Chapter 09: Smart Packaging Market - Printed/Flexible Sensors - 092 Chapter 10: Smart Packaging Market - Logic - 101 Chapter 11: Smart Packaging Market - QR Codes Chapter 11: Smart Packaging Market - QR Codes - 115 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Chapter 12: Smart Packaging Market Electronic Article Surveillance - 118 Chapter 13: Smart Packaging Market - Capacitive / Ink Stripe Identification - 123 Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Topics Slide No Chapter 14: Smart Packaging Market - RFID Sensors - 129 Chapter 15: Smart Packaging Market Chemical Smart Packaging Technologies Chapter 15: Smart Packaging Market Chemical Smart Packaging Technologies - 144 Chapter 16: Smart Packaging Market Smart Packaging Applications - Conventional RFID - 156 Chapter 17: Smart Blister Packs - 166 Chapter 18: Sustainable Smart Packaging Chapter 18: Sustainable Smart Packaging - 172 Chapter 19: Sustainable Smart Packaging Case Studies - 181 Chapter 20: Forecasts: Electronic Smart Packaging - 194 Chapter 21: Smart Packaging Market Company Profiles Chapter 21: Smart Packaging Market Company Profiles - 210 Chapter 22: Smart Packaging Market Appendix - 246 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

CHAPTER - 01 SMART PACKAGING MARKET EXECUTIVE SUMMARY AND CONCLUSIONS Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

1.1. What is Smart Packaging? ❖ The term "smart packaging" refers to new technologies used in the packaging sector that improve both consumer and company usefulness while also making it easier to access and track information about goods and businesses. ❖ This improved utility results from the consumer having access to more information tracking and sharing, giving them the chance to learn more about the businesses and products they are using and buying. Smart packaging offers a more individualized, distinctive, and approachable way for customers to interact with a company's brand while also helping organizations understand more about the markets and customers they are trying to reach. ❖ A rising number of capabilities and technologies make smart packaging possible. For instance, smart packaging makes use of numerous diagnostics, tags, sensors, and indicator technologies to offer businesses, customers, and L&P organizations real-time insights about their shipments. 1.2. Why Smart Packaging - Logistical and Safety Reasons ❖ Smart packaging may help businesses in many different sectors, especially logistics and packaging firms. Smart packaging has many benefits for B2B businesses, including enhancing their logistics and supply chain. Among the primary causes are: ❖ Improve Traceability and Logistics ❖ Enable Predictive Planning ❖ Maintain Quality Control and Product Integrity ❖ Create Brand Transparency Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

1.3. Why Smart Packaging - Increasing Sales and Better Merchandising ❖ Manufacturers can differentiate their products and increase consumer trust in brands by using smart packaging. ❖ Packaging aids in customer decision-making: In the past, packaging has reportedly had an impact on the purchasing decisions of more than 70% of Americans. ❖ It entices individuals to make dependable purchases: If they particularly enjoy the packaging of a premium product, about 60% of consumers are more likely to buy it again. ❖ Can use good design to improve marketing: If they think a package's design is memorable, distinctive, or branded, almost 40% of individuals will share a picture of it online. 1.4. Smart Packaging: Status ❖ Although Smart Packaging is still in its early stages of development, it has enormous potential. Despite the fact that smart packaging technology is currently widely available, the prohibitive cost of production has prevented its widespread adoption. For instance, scientists at the Fraunhofer Institute for Modular Solid-state Technologies (EMFT) are presently developing a more effective manufacturing process for sensory labels made of flexible silicon chips and contemporary films, with both components joined by an intelligent roll-to-roll procedure. ❖ Smart packaging's creative display and distribution methods have prompted a thorough reevaluation of the packaging industry's whole logistics system. Intelligent packaging both accelerates digital printing in the transportation industry and opens up new Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC opportunities for engagement that benefit logistics. However, trend analysts like Peter Wippermann do not anticipate too much intelligent packaging to be available in the near future and credit logistics with playing a pioneering role in the development of smart packaging. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

1.5. Global trends are creating more opportunities for smart packaging to add value ❖ Consumers are searching for packaging solutions that are easy to use, convenient, and environmentally sustainable as their demands for both of these factors rise. With features like biodegradability, resealability, and ease of opening, smart packaging can assist in achieving these requirements. ❖ Food waste is a big global problem, but smart packaging can assist by giving consumers information about product quality and freshness, facilitating better inventory control, and prolonging shelf life. ❖ Better inventory management, real-time information on product location, temperature, and condition, and a decreased chance of spoiling or damage are all possible benefits of smart packaging, which can assist in enhancing supply chain efficiency. ❖ Growing demand from the healthcare sector: To protect the integrity and safety of pharmaceuticals and medical devices, the healthcare sector is increasingly using smart packaging, which is raising the demand for creative packaging solutions. ❖ Technology advancements: Smart packaging is becoming more effective and economical thanks to technological advancements like sensors, RFID, and data analytics, which is driving its adoption across industries. ❖ The food, beverage, and pharmaceutical industries are increasingly demanding temperature-controlled packaging solutions because of their contents' sensitivity to temperature. ❖ The Food and Agriculture Organization of the United States estimates that each year in the US, 133 billion pounds of food, worth Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC USD 161 billion, are wasted. Increased food donations to food banks, education, and outreach initiatives, and efforts to standardized date markings on food labels are just a few of the many initiatives being made to prevent food waste. Additionally, the use of intelligent packaging to reduce food waste is becoming increasingly popular in the United States. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

1.6. Smart packaging industry overview Smart Packaging Market Revenue, 2022-2033 ($bn) Smart Packaging Market Volume, 2022-2033 (Million Units) 140.00 80.00 120.00 70.00 60.00 100.00 Revenue ($bn) Million Units 50.00 80.00 40.00 60.00 30.00 40.00 20.00 10.00 20.00 0.00 0.00 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 ❖ During the forecast period (2022-2033), the size of the smart packaging market is anticipated to increase from USD 37.22 billion in 2022 to USD 72.34 billion by 2033, at a CAGR of 6.41%. ❖ During the forecast period (2022-2033), the size of the smart packaging market is anticipated to increase from 69.08 Million units in 2022 to 114.96 Million units by 2033, at a CAGR of 4.97%. ❖ Consumer lifestyle changes brought on by growing urbanization and an increase in the use of customized personal items with cutting-edge integrated innovation are what is fueling the growth of the smart packaging industry. Additionally, the expansion of Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC the global packaging market depends on the undeveloped regions of the world, which presents significant opportunities for industry players. Global demand for sustainably packaged organic food has surged as a result of growing concern over health hygiene, particularly in the wake of the pandemic. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

2.1 The need for smart packaging ❖ Brands may offer consumers proof of authenticity thanks to smart packaging. The adoption of smart packaging also reduces product theft and unlawful product access because to its tracking and tracing features. ❖ The consumption of packaged organic foods in the United States was predicted to be worth USD 14.96 billion in 2016, and it is anticipated to surpass USD 21 billion in 2022, according to the Global Organic Trade Guide. Furthermore, during the past few years, the market size for organic packaged food has grown, even in developing nations like India, China, Thailand, and Indonesia. As a result, there may have been an increase in the need for smart packaging in these nations in the future. ❖ Globally, a number of smart packaging manufacturers continuously develop new solutions in an effort to assist smart packaging objectives and environmental sustainability. Manufacturer of 3D scanning and inspection solutions LMI Technologies (LMI) announced in December 2022 that it had stopped using single-use, plastic-based foams and any other plastic materials in product packaging and had started packing and shipping all of its products with 100% recyclable and biodegradable materials. 2.2 Global trends are creating more opportunities for smart packaging to add value ❖ The smart packaging market in the United States has grown significantly over the past few years as a result of supportive regulatory environments, an increasing emphasis on sustainability, and rising demand for active and Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC intelligent packaging across various end-user segments, particularly the food and healthcare industries. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ The Food and Agriculture Organization of the United States estimates that each year in the US, 133 billion pounds of food, worth USD 161 billion, are wasted. Increased food donation to food banks, education and outreach initiatives, and efforts to standardized date markings on food labels are just a few of the many initiatives being made to prevent food waste. Additionally, the use of intelligent packaging to reduce food waste is becoming increasingly popular in the United States. ❖ The market for active and intelligent packaging is also expanding as a result of rising demand for security and tracking solutions. RFID tags, for instance, make it possible to track, manage, and identify the food supply chain. When it comes to food traceability, these are more sophisticated, trustworthy, and effective than traditional barcode tags. In order to improve food quality and safety, RFID tags for monitoring product temperature, relative humidity, pressure, pH, and light exposure are already on the market. Chipotle Mexican Grill, a well-known international food chain, began investigating RFID technology in April 2022 with a view to enhancing its inventory and traceability systems at its Chicago distribution center and around 200 restaurants in the greater Chicago area. 2.3 Effect of the global rise in e-commerce on the smart packaging landscape ❖ The demand for packing materials has grown dramatically along with e-commerce activity. The packaging market has expanded due to the demand for strong, safe, and lightweight packaging solutions for product transportation. ❖ Until recently, grocery shopping online was primarily an option in large or cosmopolitan cities. However, in the near future, Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC smaller villages and cities may also favor this method of shopping. Additionally, it is hoped that this would spur the development of active and intelligent packaging and lead to growth in the packaging industry. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

CHAPTER - 05 SMART PACKAGING MARKET – PRINTED, FLEXIBLE AND ORGANIC ELECTRONICS Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Printed flexible and organic electronics represent a cutting-edge field that combines electronic devices with flexible, lightweight, and often even transparent substrates. The main technology components of printed flexible and organic electronics include: ❖ Substrates: Flexible electronics require substrates that can bend and conform to various shapes without compromising their functionality. These substrates are typically thin films made from materials like polymers, paper, or even fabrics. The choice of substrate material depends on the application's requirements. ❖ Organic Semiconductors: Organic semiconductors are at the core of printed flexible electronics. These are carbon-based materials that can conduct electricity when charges are introduced. Organic semiconductors offer advantages such as low-cost fabrication, compatibility with flexible substrates, and the potential to create large-area devices. ❖ Printing Techniques: Printing is a key manufacturing method for flexible and organic electronics due to its scalability and cost-effectiveness. Various printing techniques are utilized, including inkjet, gravure, flexographic, and others. ❖ Thin-film transistors (TFTs): TFTs are the basic building blocks of electronic circuits, used for amplification and switching. In printed flexible electronics, TFTs are often fabricated using organic semiconductors. They can be integrated into various devices, including displays, sensors, and memory arrays. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC ❖ Sensors: Flexible and organic sensors are capable of measuring various physical parameters such as pressure, temperature, and strain. These sensors are crucial for wearable devices and Internet of Things (IoT) applications. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ Organic Light-Emitting Diodes (OLEDs): OLEDs are used in displays and lighting applications due to their self-emissive nature, allowing for vibrant colors and thin form factors. In printed flexible electronics, OLEDs can be fabricated on flexible substrates using organic materials as the emitting layer. ❖ Energy Storage and Harvesting: Printed flexible electronics can incorporate energy storage elements like printed batteries or supercapacitors. Additionally, energy harvesting technologies such as printed photovoltaics (solar cells) can be integrated to generate power from ambient light. ❖ Encapsulation and Barrier LayersFlexible and organic electronics are often sensitive to moisture and oxygen, which can degrade their performance over time. Encapsulation and barrier layers are essential to protect the devices from environmental factors while maintaining their flexibility. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ Smart packaging for Electronic Paper Displays (EPDs) involves integrating EPD technology into packaging materials to create interactive and dynamic packaging solutions. Electronic Paper Displays, commonly known as e-paper or e-ink displays, are known for their low power consumption, high visibility in various lighting conditions, and the ability to hold an image without power. ❖ For instance, in 2019, RyPax, one of the industry-leading experts in molded fiber packaging, and E Ink Holdings, E Ink (8069. TW), one of the top developers of electronic ink technology, declared that they would exhibit innovative, eco- friendly packaging prototypes for pharmaceutical uses at the AIPIA World Congress. The ePaper from E Ink is a digital display that may show important product information in both text and images, making user instructions clearer. ❖ The E-paper display is legible in sunlight and has a thickness of around 1 millimeter. Due to its lightweight and limited battery consumption, the E-paper is easy to transport. Electronic Paper: Smart Packaging Market Revenue, 2022-2033 ($bn) 1.40 1.20 Revenue ($bn) 1.00 0.80 0.60 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 0.40 0.20 0.00 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ Nth Degree offers its printed inorganic LEDs as a way of targeting smart packaging. This technology uses printed transistors and circuits that can be directly embedded into the packaging for a variety of applications. For example, printed LEDs can be used to detect the presence of a product, create an interactive or three-dimensional display, and provide information to the consumer about the product inside. ❖ Nth Degree’s printed inorganic LED technology can also be used to warn or inform consumers. For instance, the lights could be used to indicate if a product’s temperature is too hot or cold, has an expiration date, or contains any allergens. The technology can also be used to provide proof of authenticity, such as displaying a unique code to indicate a genuine product. ❖ Highly innovative method for illumination unique form factor Printed LEDs stay cooler smallest, thinnest, lightest. Nth Degree’s printed Led’s are used in various applications such as in medical and health care, Iot, lit and labels and many others. ❖ More broadly, Nth Degree’s printed inorganic LED technology could be used to revolutionize product packaging by providing an interactive display that can be used to advertise a product, showcase contents, offer discounts via QR code, or even provide product ratings and reviews. Overall, the technology could greatly improve customer experience Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC and make products stand out on store shelves. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

9.1. Types of sensors that can be printed ❖ Smart packaging uses a variety of sensors and technology integrated into the packaging materials to monitor and provide information on the contents of the package. With various capabilities, these sensors can be printed or incorporated into the package. ❖ Various types of sensors can be printed and utilized in smart packaging such as Piezoresistive (pressure) sensors, Printed temperature sensors, Emerging gas sensors, Electronic nose for gas sensors, Low-cost biodegradable gas sensors, Capacitive pressure/force sensors, Fluid level sensor, and Readiness level assessment of printed sensors. 9.2. Sensors: Technology Readiness ❖ A specific kind of sensor-equipped packaging system, such as that used for food and medication, is smart packaging. Smart packaging uses technology to improve product quality, shelf life, freshness tracking, and consumer and product safety. Intelligent packaging technologies give information on the product's quality and freshness when it is packaged. As a result, the market has been growing rapidly. ❖ Consumer lifestyle changes brought on by growing urbanization and an increase in the use of customized personal items with cutting-edge integrated innovations are what are fueling the growth of the smart packaging industry. Additionally, the expansion of the global packaging market depends on the undeveloped regions of the world, which presents significant Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC opportunities for industry players. Global demand for sustainably packaged organic food has surged as a result of growing concern over health hygiene, particularly in the wake of the pandemic. The market for smart packaging sensors has been opened up by the factors mentioned above. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

9.3. Piezoresistive (pressure) sensors ❖ Piezoresistive pressure sensors have grown significantly in popularity and use across a range of applications, including smart packaging. These sensors make use of the piezoresistive effect, which causes electrical resistance to alter when mechanical deformation, such as pressure, is applied. Piezoresistive pressure sensors are essential to smart packaging since they help to monitor and guarantee the efficacy, integrity, and safety of packed items. ❖ Accelerometers, pressure, and flow rate sensors are only a few examples of the diverse uses for piezoresistive sensors. A new family of piezoresistive sensors is being developed for smart packaging and biomechanical monitoring as the Internet of Things picks up steam. While currently available commercially available piezoresistive sensors are inexpensive to manufacture mostly due to standardized materials and technology 9.4. Printed temperature sensors ❖ Printed temperature sensors have drawn a lot of interest and are developing in a promising way for smart packaging. These sensors are made utilizing printing techniques that enable their incorporation into packaging materials. This enables real-time temperature monitoring and adds to the total usefulness and value of smart packaging solutions. ❖ According to the Active and Intelligent Packaging Industry Association, the International Association for Food Protection's annual meeting and expo in 2022 in Pennsylvania, USA, saw the debut of BluLine Solutions' most recent advancement in wireless Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC temperature monitoring and data logging. A food-safe manufactured fluid is used to encapsulate the IdentiCoolTM wireless temperature sensor, which allows cloud-based live monitoring and is intended to mimic a product's behavior in order to provide a more accurate picture of its temperature. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

11.1. QR Codes, initial failure, and pandemic-related rise ❖ Lack of Knowledge and Education: The lack of knowledge about QR codes and how to scan them prevented a wider acceptance. Some were discouraged from utilizing the technology because it needed users to download a specific app in order to scan the codes. ❖ Poor Implementation: Some QR code implementations made using the technology frustrating for users. For instance, QR codes could direct users to websites with irrelevant or mobile-unfriendly information. ❖ Overuse and Misuse: There was considerable criticism regarding the usefulness of QR codes because they were occasionally placed in places where they didn't offer any real benefit. ❖ Contactless interactions became more important as concerns about health and safety during the pandemic rose. Businesses now have the means to give information, menus, payment options, and more via QR codes without having to make a physical connection. ❖ The pandemic brought to light the significance of visibility and resilience in the supply chain. Smart packaging, such as RFID tags and labels with temperature sensors, helped track and regulate the movement of commodities, ensuring that necessary goods arrived at their destinations rapidly and safely. ❖ Consumers could receive real-time information about the pandemic safety measures implemented, such as how to sanitize items and packaging, from smart packaging with QR codes. ❖ The COVID-19 pandemic rekindled interest in QR codes by highlighting their value for information sharing and contactless Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC transactions. During these trying times, smart packaging—which includes QR codes, temperature sensors, and other technologies—played a vital role in preserving supply chain resilience, guaranteeing product quality, and enriching consumer experiences. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

11.2. QR Codes: Where next? ❖ QR Codes are being actively used by numerous companies and city administrations for operational and promotional purposes. And eager to discover what lies in store for QR Codes in the future. According to data from Blue Bite, there was a 94% increase in QR Code interaction between 2018 and 2020. ❖ For a variety of purposes, several companies in the food and beverage sector are employing QR Codes. Marketing, inventory control, and even anti-counterfeiting efforts are among them. In fact, sharing product information using QR Codes is a booming use case in this sector. Due to space constraints, manufacturers frequently are unable to include comprehensive product information on the box.However, they can exchange text, video, photographs, and even web links with the clients by using a QR Code. This fosters trust among consumers, who are increasingly aware of what they are purchasing. ❖ QR codes are a flexible and adaptable tool for increasing the smart packaging experience, connecting the real and digital worlds, and providing value to both brands and consumers as technology and consumer expectations continue to develop. 11.3. Will NFC or RAIN Impact QR Codes? ❖ QR codes are rapidly gaining popularity. NFC is only getting started. The benefits of QR codes are their affordability (almost no cost), speed (anyone can produce one in a matter of seconds), ease of implementation, availability (everyone with a smartphone can download a reader app), and visibility. ❖ RAIN RFID can provide advantages over QR codes in terms of automating data collecting without the necessity for direct line-of- Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC sight scanning, whereas QR codes are frequently used for quick access to information or URLs. RAIN RFID can be used in conjunction with QR codes or even in substitute of them in situations where the tracking and identification of tangible objects are crucial. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

CHAPTER - 15 SMART PACKAGING MARKET - CHEMICAL SMART PACKAGING TECHNOLOGIES Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

15.1. FOOD DEGRADATION Smart Food Packaging - Active Packaging Devices for Food Degradation Source: Sustainability and Efficiency of Food Packaging, https://doi.org/10.3389/fsufs.2021.630393 ❖ The Framework Regulation on Food Contact Materials 1935/2004 and 450/2009, 2020 defines active materials and components as those intended to prolong shelf life or maintain or improve the condition of packaged foods, and Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC designed to intentionally incorporate components that release or absorb substances towards or from the packaged foods and the environment surrounding the foods. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ Some of the most used technologies of smart packaging for food degradation are: • Modified Atmosphere Packaging (MAP): MAP technology involves the alteration of the gas atmosphere inside a food package to preserve the food quality and extend its shelf-life. • Moisture Absorbers: These tools work to regulate water activity within the package to prevent microbial growth, eliminate defrosting water from frozen foods and blood or fluids from flesh food products like meat and poultry, prevent excessive condensation or dehydration of fresh foods like fruit, vegetables, and meat products, maintain the properties of dry foods to prevent seizures in powdered goods like instant milk or coffee, and soften crunchy goods like biscuits. as well as prevent lipid oxidation in foods like cheese and almonds. • Total volatile base nitrogen sensors: These sensors detect the presence of volatile amines that are produced by the decomposition of proteins in fish and meat products. • Ethylene scavengers: These are used to minimize fruit and vegetable ripening. • Gas indicators: The most often employed ripening indicator among evolved gases is ethylene, which is emitted during the ripening process. Some systems use radio-frequency identification (RFID) to enable remote monitoring. For instance, Flex Alert has developed an RFID sensor for the detection of Salmonella and Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Escherichia coli in packaged goods based on technology based on antitoxins immobilized on flexible RFID tags integrated into the packaging. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

18.1. USING SMART PACKAGING TO SOLVE SUSTAINABILITY CHALLENGES ❖ The term Smart packaging describes a certain kind of packaging that has been improved by technologies that link the physical world to the digital realm. It is a novel method for enhancing product quality while also extending shelf life, monitoring product freshness, and assuring safety. The food and beverage sector has been expanding, and the study of cutting-edge technologies like nanotechnology is bringing about fascinating changes regarding the food people consume. The growing demand for items with longer shelf lives and ecological packaging is a result of the popularity of packaged goods. Additionally, less waste and safer consumption will result from the trend. ❖ Increasing consumer awareness about environmental issues and a preference for sustainable products have driven companies to adopt more eco-friendly packaging solutions, including smart packaging. ❖ Sustainable smart packaging combines the benefits of smart technology with environmentally friendly practices to minimize the environmental impact of packaging while providing value-added features. The goal is to enhance the functionality of packaging while reducing waste and resource consumption. ❖ Smart packaging ushering sustainability with digitalization. Packaging companies are reconsidering their role in sustainable packaging as customers and the government place more emphasis on sustainability and environmental effects. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC ❖ Smart packaging technologies are being used increasingly often as a way to increase package reuse and recycling. QR codes or RFID tags on packaging can provide consumers with information about recycling processes and proper disposal methods. Smart packaging can be designed to be easily separable, simplifying recycling efforts. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

18.2. APPROACHES TO IMPROVE SECONDARY MECHANICAL RECYCLING ❖ Improving secondary mechanical recycling in sustainable smart packaging involves designing packaging that is easily recyclable, and ensuring that the integration of smart technology does not hinder the recycling process. Choose recyclable materials for both the packaging and the smart components. ❖ Ensure that the smart components can be easily separated from the packaging materials during the recycling process. Easy separation of materials makes a package simple to recycle. Clearly label the packaging with recycling symbols and instructions for disassembling or removing smart components before recycling. ❖ A package should be made with an end-of-life solution for the product in order to keep it out of landfills. PET bottles are indefinitely recyclable. Therefore, "smart packaging designs" should make it simple to separate materials for recycling in order to maximize material recovery. 18.3. INVISIBLE BARCODES TO IMPROVE PLASTIC RECYCLING ❖ On a label or directly onto the package (such as transparent plastic), an invisible barcode is imprinted as a tiny pattern. The software recognizes the invisible barcode as the packing passes through the MRF and classifies the materials according to the product and packaging information (e.g., material type, what was inside the package—food, cleaning products, etc.). In the end, this improves sorting accuracy, lowers contamination, and boosts the quality and quantity of material for applications utilizing post-consumer recycled content. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC ❖ Customers may use their smartphone to scan the package at home to determine the best method to discard it (such as recycling, throwing it out, needing to segregate particular sections, etc.). This gives businesses a more engaging method to inform and interact with customers. Since the barcode is invisible, more space is available for branding and marketing content. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Asahi Kasei : Product Portfolio Business Overview Product Name Description Asahi Kasei Description Established Year 1931 Gas sensors with excellent reliability, low power Headquarters Japan Printed/Flexibl consumption, great accuracy, and a compact Revenue (2021) $ 22,417.5 M e Sensors(Gas design. To meet client demands, a variety of Employee (2021) 46,751 Sensors) products, including CO2 sensors, combustible gas sensors, and alcohol sensors, are offered. Website https://www.asahi-kasei.com/ Financials: Asahi Kasei, Revenue, 2019-2021 ($M) Asahi Kasei,Revenue Share, By Segment, 2021 (%) Asahi Kasei,Revenue Share, By Region, 2021 (%) 25,000 Europe 22,417.5 5% 19,747.8 19,737.9 6% 17% 20,000 10% 16% China Revenue($M) 15,000 Material Asia(excluding China) 11% 10,000 49% Homes Japan Health Care 5,000 34% Copyright ©2024 IndustryARC 52% Copyright ©2024 IndustryARC 0 America 2019 2020 2021 Others Developments:There have been no developments for the last 5 years pertaining to the market. Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Smart Packaging Market (2023 - 2033)_Sample Extract

Smart Packaging Market (2023 - 2033)_Sample Extract

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