The global Internet of packaging market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are technological advancement and penetration of Internet of Things (IoT) in packaging solutions in various industry verticals. In addition, digitalization, enhanced tracking, improving operational efficiency, and better customer engagement are other key factors expected to drive demand for Internet of packaging, and support market revenue growth.

The Internet of packaging disrupts traditional packaging and allows consumers to communicate with companies more effectively. QR codes, smart labels, RFID, and Near Field Communication (NFC) chips are all used in smart packaging. These cutting-edge technologies provide value by providing security, authentication, and connectivity, transforming product packaging into a data carrier and digital tool. Throughout the product’s lifecycle, this allows information about individual packages to be enrolled and updated in the cloud. Furthermore, Internet of things sensors and gadgets enable manufacturers to incorporate diagnostic and indicator functions into their packaging. This allows customers to see the product's status in real-time. Internet of Packaging offers significant solutions for consumer marketing and brand engagement, brand protection, tracking, process optimization, and other areas. There is no longer a value chain but have a value network as a result of the Internet of packaging. The flow of information is no longer one-way.

Get a sample of the report @ https://www.reportsanddata.com/download-free-sample/4881  

Revenue growth of the global Internet of packaging market is significantly driven by rising concerns about reducing packaging costs while also improving logistics management, inventory efficiency, customer service, brand protection, and branding. Scanning the smart code directs the customer to a landing page with the product information they require. The code has far more information than what can be printed on a package. Top businesses are increasingly looking for ways to interact with consumers through their packaging, and unique codes enable them to do so as well as increase connectivity and customer engagement. Internet of packaging also aids in better product tracking along the supply chain and can detect whether a product has been opened or tampered with in certain ways, which is expected to further boost revenue growth.

Competitive Landscape:

• Wiliot
• Tetra Pak
• Scanbuy, Inc.
• Kezzler
• Identiv, Inc.
• Unipac Corporation
• Vesta Smart Packaging
• Sepio Products
• CuePath Innovation designs
• Tapwow
• Blippar
• Rover
• Insignia Technologies
• RePack
• IO
• The Porch Pod
• ColorSensing
• kaiosID
• Impacx
• RightMash
• QTrust
• Iungo

Inquiry before buying @ https://www.reportsanddata.com/inquiry-before-buying/4881

The global market is further segmented into type and application:

Technology Deployed Type Outlook (Revenue, USD Billion; 2018-2028)

• Sensor Tags
• Barcode QR code
• Radio Frequency Identification
• Low-Energy Bluetooth
• NFC Technologies
• Indicators

Industry Verticals Outlook (Revenue, USD Billion; 2018-2028)

• Personal Home care
• Health care
• Food Beverages
• Automotive
• Consumer Electronics
• Others

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/4881

Thank you for reading our report. We also offer customized report as per client requirement. Kindly connect with us to know more about customization plan and our team will offer you the altered report.

Get Explore Latest Research Report by Reports and Data:

Human Resource Management (HRM) Market – https://www.reportsanddata.com/report-detail/human-resource-management-hrm-market

Productivity Management Software Market – https://www.reportsanddata.com/report-detail/productivity-management-software-market

Digital Education Market – https://www.reportsanddata.com/report-detail/digital-education-market

Intelligent Transportation System Market – https://www.reportsanddata.com/report-detail/intelligent-transportation-system-market

Lease Management Market – https://www.reportsanddata.com/report-detail/lease-management-market

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]