Global Active Smart and Intelligent Packaging Market envisioned to be worth US $ 253 bn by 2023
Packaging can simplify the storage and conveyance of goods. This simplification plays a significant role in the functioning of various other industries. Active & Intelligent packaging can extend shelf life, display information on quality, improve safety & convenience, and monitor freshness of consumables. Market Research Future (MRFR) has published a research report on the global active smart and intelligent packaging market that envisions expansion for this market between 2016 and 2023. By value, the market has been figured to be worth the US $ 253 bn by the end of the forecast period. The highlighting factor pushing the global active and intelligent packaging market growth is its increasing use in various industries especially pharmaceuticals. The other factors contributing to the market growth include health awareness among consumers, advances in printed electronics, improving the standard of living, and growing consumption of packaged foods. Deman...