Market Size of Europe 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 | 5.70 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Active & Intelligent Packaging Market Analysis
The European Active and Intelligent Packaging market is anticipated to register a CAGR of 5.7% over the forecast period (2021 - 2026). With the recent COVID 19, the active and intelligent packaging manufacturers have been flooded with a pool of issues expected to last only for the short term. Some of the lockdown effects 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.
- The European pig meat production was expected to increase by 0.5% in 2020, helped by favorable prices and solid export prospects, especially to China, after the African Swine Fever epidemic in the country. However, sheep and goat meat production are projected to decline by 1.5% in 2020 with lower food service and home consumption.
- An intelligent packaging system contains small smart devices, inexpensive labels or tags capable of acquiring, storing, and transferring information about the food's parameters, functions, and properties contained inside the package.
- According to the European Union Guidance to the Commission Regulation (EUGCR) No. 450/ 2009 (EU, 2009) description, active packaging is a type of food packaging that is enabled with the extra function of providing a protective barrier against external influence.
- This rise in the demand for fresh foods in the region significantly contributed to the need for oxygen scavengers. They react with the oxygen in the package and protect the product from degradative oxidation reactions, keeping them fresh.
- With the increasing number of consumers consuming multiple medicines, the pressure on NHS to track the drug delivery and that they are used before the expiration, and the vaccines, etc., reach in the designated environment. This is further increasing the expectations in this sector to use advanced technologies, such as intelligent packaging.
- Owing to the COVID-19 outbreak, the European Organization for Packaging and the Environment called on the European Commission in March 2020 to recognize packaging as an essential component in maintaining the uninterrupted product flow groups for critical items, like perishable goods, especially foodstuffs. In this context, in March 2020, StePac, which supplies its solutions in the European countries, developed an advanced modified atmosphere packaging, which effectively reduces the ripening and aging processes of the food products.
Europe 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 Europe Active and Intelligent Packaging Market is Segmented by Type (Active Packaging, Intelligent Packaging), End-User Vertical (Food, Beverage, Healthcare, Personal Care), and Country.
By Type | ||||||
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By End-user Vertical | |
Food | |
Beverage | |
Healthcare | |
Personal Care | |
Other End-user Verticals |
By Country | |
United Kingdom | |
Germany | |
France | |
Rest of Europe |
Europe Active and Intelligent Packaging Market Size Summary
The European Active and Intelligent Packaging market is experiencing moderate consolidation, driven by key players such as BASF SE, Amcor Ltd, and Honeywell International Inc. These companies are actively investing in strategic partnerships and product innovations to enhance their market presence. The market is influenced by various factors, including the increasing demand for fresh foods, which has heightened the need for oxygen scavengers to maintain product freshness. Additionally, the healthcare sector's reliance on advanced packaging technologies for drug delivery and vaccine storage is contributing to market growth. The COVID-19 pandemic has further emphasized the importance of packaging in ensuring the uninterrupted flow of essential goods, prompting innovations like modified atmosphere packaging to extend the shelf life of perishable items.
The market's expansion is also supported by technological advancements in packaging features such as sensors, RFID, and electronic anti-tamper safeguards. These innovations are becoming more accessible as costs decrease, facilitating broader adoption. The United Kingdom's urbanization and changing lifestyle patterns are driving demand for processed and pre-packaged foods, while Germany's focus on sterile packaging for medical devices is bolstering market growth. However, challenges such as supply chain disruptions and regulatory hurdles in the healthcare industry remain. Despite these challenges, the market is poised for growth, with companies like Sealed Air and LOTTE Chemical making significant strides in developing new packaging solutions to meet evolving consumer and industry needs.
Europe 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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1.5.2 Security and Privacy Issues in the Case of Intelligent Packaging
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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 Kingdom
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2.3.2 Germany
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2.3.3 France
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2.3.4 Rest of Europe
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Europe Active and Intelligent Packaging Market Size FAQs
What is the current Europe Active and Intelligent Packaging Market size?
The Europe Active and Intelligent Packaging Market is projected to register a CAGR of 5.70% during the forecast period (2024-2029)
Who are the key players in Europe 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 Europe Active and Intelligent Packaging Market.