Smart Packaging Market
Smart Packaging Market
The increasing demand for fresh and quality packaged food, consumer convenience and manufacturer concern for longer shelf life of the food products is driving the market for Global advanced packaging technology for food and beverage market. The global market for advanced packaging technology for food and beverage is expected to grow to .474 million in 2015, at an estimated CAGR of 8.2% from 2010 to 2015.
Original Source: Smart Packaging Market
Amongst all market segments, modified atmosphere packaging commands the largest share in terms of value, while intelligent packaging leads in terms of growth. Freshness indicators and time temperature indicators are the major product segment in intelligent packaging, which is commanding the largest share due to increased application in packaged food, ready-to-eat meal and frozen food category.
In terms of value, the active packaging technology contributes approximately 35% of the global advanced packaging technology.
Scope of the report
This research report categorizes the global market for packaging technology for food and beverages on the basis of applications, technology, and geography; forecasting revenues and analyzing trends in each of the following submarkets:
On the basis of technology:
Active packaging, modified atmosphere and intelligent packaging technology.
On the basis of applications:
Seafood, meat and poultry, soup, dairy products, confectionaries, fruits and vegetables and ready to eat meal segment.
On the basis of geography:
North America, Europe, Asia, RoW
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Comprehensive market analysis for the following sectors:
Pharmaceuticals, Medical Devices, Biotechnology, Semiconductor and Electronics, Energy and Power Supplies, Food and Beverages, Chemicals, Advanced Materials, Industrial Automation, and Telecom and IT. We also analyze retailers and super-retailers, technology providers, and research and development (R&D) companies.
Also Browse: Packaging Market
Key questions answered
Which are the high-growth segments and how is the market segmented in terms of applications and materials?
What are market estimates and forecasts; which markets are doing well and which are not?
Where are the gaps and opportunities; what is driving the market?
Which are the key playing fields? Which are the winning edge imperatives?
How is the competitive outlook; who are the main players in each of the segments; what are the key selling products; what are their strategic directives, operational strengths and product pipelines? Who is doing what?
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Sustainable Packaging Supplies – Leadership Will Have to Begin With Consumers
Sustainable Packaging Supplies – Leadership Will Have to Begin With Consumers
Recent articles have commented on the lack of “green products” offered by one of the US’s largest distributors of industrial and consumer packaging supplies. Because of this, the writers have encouraged readers to call the company and “give them hell”. Alternatively, perhaps it is consumers who should get this call.
With the rise of “green consciousness” among consumers, it is surprising that there has been a minimal impact on the type of packaging supplies that companies use for internal packaging when shipping products to consumers. Everyday millions of small parcels are shipped using oil-based, plastic packaging such as bubble, air pillows, peanuts, foam, etc. Many manufacturers of these materials tout them as being “eco-friendly” simply based on the claim that they can be reused. The sad fact is that unlike paper packaging, the type of plastics used to make these oil-based packaging supplies are nonrenewable and are labeled as un-recyclable through most community based curbside recycling programs.
Yearly, hundreds of tons of plastic packaging, reused or not, eventually ends up in a landfill or is incinerated.
From the mom & pop shop to Fortune 500 companies, the large distributor of packaging supplies that was referred to in the above mentioned post, sells tons of plastic protective packaging materials in all sectors of the market, and is a leading supplier. But why hasn’t this distributor taken a leadership role in providing packaging supplies that are truly sustainable and eco-friendly?
Consider the impact that Walmart has had on consumer packaging with their Packaging Scorecard.
What was once seen by critics as public relations stunt to bolster their faltering public image, is now the face of a movement towards more sustainable consumer packaging that is driving innovations in source reduction, recyclable materials, package design and bio-plastics to name a few.
Another example is Digi-Key, which is the 5th largest distributor of electrical components in North America. The company’s leadership in battery and component recycling and use of sustainable packaging supplies has directly impacted & influenced both their suppliers and customers.
Walmart & Digi-Key became leaders in their respective industries because they recognized a pull from from a consumer driven market to build sustainability into their products and processes. By responding to this pull and developing these types of initiatives, they have benefited through increased competitive advantage and improved profitability.
The unfortunate truth is that for many companies, the consideration for what type packaging supplies (http://www.geami.com/packaging-supplies.html)to use to fill the box is a very low priority. Why? Because it is a low priority for their customers. When packaging supplies are a priority, choices are mostly bottom line driven – companies place trust in materials that are the cheapest and fastest to use for getting orders out the door.
It is hard to expect a large distributor of packaging supplies, or any other for that matter, to take a leadership role towards offering more sustainable line of packaging supplies when the stark reality is that there is no significant pull from the market to warrant investments in initiatives to do so. In other words, if the companies that buy from these distributors have customers who are content with the packaging used for shipping their orders, then there is no pull from the market.
Ultimately it begins with the end-user, the consumer. Rather then holding the companies that they buy from accountable for the type of packaging used, if consumers continue to accept loads of non-recyclable, plastic packaging materials along with their orders and have no problems sending these materials on to the landfill, then there is no pull from the market. There is no incentive for change or leadership. Packaging manufacturers and their distributors will continue to sell, and companies will continue to use, non-renewable and non-recyclable packaging supplies that have been deemed to be acceptable by a consumer driven market.
Industrial Equipment Supplies
Industrial Equipment Supplies
A decade or so ago it used to be that consumers looking for industrial equipment would have to travel miles to their local merchants. This would obviously take a lot of time and money, all of which was wasteful. The worst thing about the whole process was that sometimes the supplier would not have the equipment that was needed, which can be incredibly frustrating.
Nowadays though, there are literally hundreds of ways to get workplace and industrial equipment instantly. Whilst there are still plenty of merchants in brick and mortar buildings, there are now online suppliers as well. These online suppliers have access to everything the brick and mortar business supply and sometimes more. This means they can literally supply anything, whether it is packaging or heavy duty equipment, they can get it all.
What this means is that smaller operations now have access to extremely good prices and the highest quality products. Instead of having to travel across the country to find the highest quality products and the best deals, they can get everything they need within a few clicks. A lot of people think that the ease of the internet means that the prices are likely to be much higher. In fact, the reality is that the opposite has occurred. Internet businesses do not tend to have the overheads that brick and mortar businesses have, which means their prices tend to be much more competitive.
The reality is that the cost of actually fetching the products is still there, but the time element has been reduced. Instead of paying for transportation, consumers will now pay a shipping fee to the supplier. This means that buying industrial equipment may have taken half a day and cost quite a bit, now takes no time at all and costs hardly anything. Bollards are also important for businesses as they add a level of security and allow you corner off areas where no cars are allowed for example.
The only problem some consumers find is that because there are so many businesses supplying similar products, they simply do not know where to start. The reality is that the consumer needs to locate the brands that they want at the right prices. They will be able to directly compare the products that are found online with both online and offline suppliers to check they are getting the best deal. In fact, the process is a lot easier than a lot of people think. The likes of the Google search engine are great places to start, as this will bring up a long list of suppliers that are supplying relevant products.