Market Size of North America Active and Intelligent Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.20 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
North American Active & Intelligent Packaging Market Analysis
The North American Active and Intelligent Packaging market is expected to register a CAGR of 6.2% over the forecast period (2021 - 2026). With the recent outbreak of COVID 19, the active and intelligent packaging manufacturers were flooded with a pool of issues that are expected to only last for the short term. Some of the effects of the lockdown include supply chain disruptions, lack of availability of raw materials used in the manufacturing process, labor shortages, fluctuating prices that could cause the final product's production to inflate and go beyond budget, and shipping problems.
- Food processing companies drive active packaging demand to keep food fresh for a more extended period and during its duration in the supply chain, reduce food waste, and promote more convenient packaging for consumers. This rise in the demand for fresh food is significantly contributing to the need for oxygen scavengers, as they react with the oxygen in the package and protect the product from degradative oxidation reactions, keeping them fresh.
- Intelligent packaging is enabled to sense and measure some variables of the food that it encloses or the environment in which it is kept. This feature enables it to inform the stakeholders (manufacturer, retailer, and consumer) of the state of the food through measured properties.
- As consumers in the region are inclined towards products containing fish, meat, and vegetables, which are mainly retort-packed to keep them shelf-stable, readymade meals gained increased popularity. The increasing trend of online purchasing further buoyed their popularity.
- According to the Center for Disease Control and Prevention findings, in the United States, there are about 48 million cases of foodborne illness annually, which is equivalent to one in six Americans each year. These illnesses resulted in an estimated 128,000 hospitalizations and 3,000 deaths. The increasing awareness about foodborne diseases, the growth in the demand for fresh and quality packaged food by consumers, and manufacturers' concern for longer shelf-life for food products are driving the market for active and intelligent packaging.
- The increase in counterfeit products, especially in the pharmaceutical and personal care industries, has been compelling companies to use technologies, such as RFID, during packaging. All these factors account for a substantial rise in the demand for active and intelligent packaging. However, the initial capital needed due to higher costs of installation and implementation and security issues regarding these systems is challenging the growth of the market.
North American Active & Intelligent Packaging Industry Segmentation
Active and intelligent packaging involves the use of permitted additives in packaging films, or within packaging containers, for the maintenance and extension of product shelf life. Active packaging allows packages to interact with food and the environment and plays a dynamic role in food preservation. The North America Active and Intelligent Packaging Market is Segmented by Type (Active Packaging, Intelligent Packaging), By End-User Vertical (Food, Beverage, Healthcare, Personal Care), and by Country.
By Type | ||||||
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By End-user Vertical | |
Food | |
Beverage | |
Healthcare | |
Personal Care | |
Other End-user Verticals |
By Country | |
United States | |
Canada |
North America Active and Intelligent Packaging Market Size Summary
The North American Active and Intelligent Packaging market is experiencing a notable growth trajectory, driven by the increasing demand for fresh and quality packaged food. This demand is largely fueled by the need to extend the shelf life of products and reduce food waste, with active packaging technologies such as oxygen scavengers playing a crucial role. The market is also benefiting from the rising popularity of ready-to-eat meals and the trend towards online purchasing, which has further boosted the demand for retort-packed products. Additionally, the growing awareness of foodborne illnesses and the need for longer shelf-life products are encouraging manufacturers to adopt active and intelligent packaging solutions. These technologies not only enhance product quality but also address consumer concerns about food safety and freshness.
In the beverage sector, there is a shift towards healthier and more sustainable packaging options, with carton packaging gaining traction due to its environmental benefits and recyclability. The increasing popularity of cold-pressed juices and flavored water, along with the demand for eco-friendly packaging, is driving the market's expansion. Companies are investing in strategic partnerships and product innovations to capture a larger market share, with notable developments such as the acquisition of Can Packaging by Sonoco and Amcor's introduction of healthcare lidding technology. The market is moderately consolidated, with key players like BASF SE, Amcor Ltd, and Honeywell International Inc. leading the way in adopting advanced packaging solutions to meet evolving consumer preferences and regulatory requirements.
North America Active and Intelligent Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Market Drivers
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1.4.1 Longer Shelf Life and Changing Consumer Lifestyle
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1.4.2 Growing Demand for Fresh and Quality Food Products
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1.5 Market Challenges
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1.5.1 Issues with the Effects of Packaging Materials on the Human Body
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Active Packaging
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2.1.1.1 Gas Scavengers/Emitters
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2.1.1.2 Moisture Scavenger
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2.1.1.3 Microwave Susceptors
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2.1.1.4 Other Active Packaging Technologies
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2.1.2 Intelligent Packaging
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2.1.2.1 Coding and Markings
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2.1.2.2 Antenna (RFID and NFC)
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2.1.2.3 Sensors and Output Devices
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2.1.2.4 Other Intelligent Packaging Technologies
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2.2 By End-user Vertical
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2.2.1 Food
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2.2.2 Beverage
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2.2.3 Healthcare
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2.2.4 Personal Care
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2.2.5 Other End-user Verticals
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2.3 By Country
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2.3.1 United States
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2.3.2 Canada
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North America Active and Intelligent Packaging Market Size FAQs
What is the current North America Active and Intelligent Packaging Market size?
The North America Active and Intelligent Packaging Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in North America Active and Intelligent Packaging Market?
BASF SE, Amcor Ltd, Honeywell International Inc., Landec Corporation and Crown Holdings Inc. are the major companies operating in the North America Active and Intelligent Packaging Market.