The Global Smart Packaging Market is around $500 Million industry and will cross the $1 Billion mark by 2020 with Active Packaging Technology contributing to around 35% of the total Market.
Smart Packaging has been a trending topic for years now. It comes with many names like intelligent packaging, interactive packaging and also active packaging or combination of these. As the name suggests, smart packaging is all about packing a product in a smart way. With growing technology in every field, even packaging of a product has created a market in itself and there has been no looking back. In other terms, Smart Packaging refers to clever packaging which generally involves sensing, measurement and controlling of inner atmosphere and other features of a package.