Active and Intelligent Packaging Market Will Cross USD 23.76 Billion Mark By 2023
Packaging simplifies the storage and conveyance of goods, which plays a significant role in the functioning of various other industries such as food and beverage, pharmaceuticals and others. Improving standard of living and health awareness among consumers, growing consumption of packaged foods are some of the forces that have contributed in the growth of the packaging industry. Active & Intelligent packaging extend shelf life, monitor freshness, display information on quality, and improve safety and convenience. These are used in foods, pharmaceuticals, and several other types of products. Smart packaging includes active packaging and intelligent packaging; wherein active packaging refers to the packaging functions beyond the inert, passive containment and protection of the product. Intelligent packaging suitable for inner atmosphere of the package and for shipping. This type of packaging designed for controlling humidity, absorbing odors and maintaining the right conce...