North America active, controlled and intelligent packaging market is projected to witness the growth at a CAGR of 6.36% during the forecast period to reach a total market size of US$13.013 billion by 2023, increasing from US$8.991 billion in 2017. The region is home to many leading players who are largely investing in research and development for product innovation. Moreover, the developed market and early technology adoption attract international player to enter the market while driving the regional market growth. Moreover, the presence of strong pharmaceuticals sector further contributes to the growing demand for active, controlled and intelligent packaging. For instance, the guideline under ‘The Customer Packaging and Labelling Act’ given by the government of Canada, mandate the environmental-friendly packaging for consumer goods with labelling while driving the market growth.
This research study examines the North America active, controlled and intelligent packaging market on the basis of various segments. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the demand, supply, and sales, in addition to the recent developments, have been provided in this report. The report also analyzes key players in the North America active, controlled and intelligent packaging market. The report provides comprehensive forecast up to the period 2023 for various key segments, with 2017 as base year.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical segments. Moreover, the research study analyzes the overall regulatory framework of the North America active, controlled and intelligent packaging market, offering stakeholders a better understanding of the key factors affecting the overall market environment.
The first step towards determining the North America active, controlled and intelligent packaging market size involves identifying key players and the revenue contribution of the overall business or relevant segment aligned to the study in consideration through extensive secondary research. This also includes various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others. Both bottoms-up and top down approaches are utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the North America active, controlled and intelligent packaging value chain, who are C-Level Executives, Directors, and Managers among others across key enterprises operating as manufacturers, suppliers, and distributors. The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the gathered data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Segments covered under the North America active, controlled and intelligent packaging market reports are as below:
By Packaging Technology
Near Field Communication
Modified Atmosphere Packaging
Pharmaceuticals and Healthcare
Key industry players profiled as part of this report are 3M, BASF SE, Dupont, Amcor Limited, and Bemis Company, Inc. with few more.