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Packaging Automation Market to be Worth $118 8 Billion by 2031 - Exclusive Report by Meticulous Research®

Packaging Automation Market to be Worth $118 8 Billion by 2031 - Exclusive Report by Meticulous Research®
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Meticulous Market Research Pvt Ltd : Logistics Automation Market to be Worth $65 14 Billion by 2030 - Exclusive Report by Meticulous Research®

Meticulous Market Research Pvt Ltd : Logistics Automation Market to be Worth $65 14 Billion by 2030 - Exclusive Report by Meticulous Research®
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Meticulous Market Research Pvt Ltd : Pharmaceutical Packaging Market to Be Worth $176 54 Billion by 2031

Meticulous Market Research Pvt Ltd : Pharmaceutical Packaging Market to Be Worth $176 54 Billion by 2031
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Processed Meat Packaging Market is anticipated to reach US$ 2 4 bn in 2032, growing at a 4 8% CAGR between 2022

Global Smart Packaging Markets, 2017-2020 & 2020-2027 - Opportunities in Rising Industrialization and Superior Logistics and Supply Chain Management in India And China

Share this article Share this article ResearchAndMarkets.com s offering. The global smart packaging market is expected to grow at a CAGR of 5.2% from 2020 to 2027 to reach $43.6 billion by 2027. The growth of this market is mainly attributed to the growing proportion of older people and changes in the consumer lifestyle, increasing demand for advanced packaging solutions from the food processing and pharmaceutical sector, growing consumer concern for food wastage reduction, and demand for smart and functional packaging. Moreover, the growing e-commerce market and rising industrialization in the emerging economies including India and China coupled with strong demand for superior logistics and supply chain management is likely to drive the industry over the forecast period. However, the high cost and unwillingness of brand owners to pay an additional cost of smart packaging are expected to hinder the growth of this market to some extent.

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