Summary

The global smart food packaging market size is estimated to be valued at USD 26.42 billion in 2024 and is projected to reach USD 35.69 billion by 2029 at a CAGR of 6.2%. According to Mondi (UK) 2023 report, the global packaging market is valued at approximately USD 1 trillion annually, with Europe and North America accounting for nearly half of this demand. Paper-based and plastic-based packaging each comprise about 40% of the global market, while metal and glass constitute the remainder. Consumer applications, such as food, beverages, health care, and cosmetics, account for about 60% of global packaging demand, while industrial and transport uses account for 40%. The growth of the packaging market is estimated to be 2-4% structurally through economic cycles, driven by GDP, changes in consumption trends, and a growing demand for sustainable products and eCommerce expansion.
This consistent growth of the global packaging market highly drives the smart food packaging industry, which is particularly based on a demand for solutions that support food safety, extended shelf life, and sustainability. Some of the major opportunities in the industry result from the growing need for intelligent and active packaging technologies, Modified Atmosphere Packaging (MAP), nanotechnology, and biodegradable solutions. The complexities of the global food supply chain, increasing urbanization, and a drive to reduce food waste contribute to a high demand for innovative packaging. In addition, the thrust to green packaging solutions in relation to sustainability objectives supports smart packaging adoption globally, hence setting it for strong growth.
Disruptions in Smart Food Packaging Market:
• Integration of IoT and Smart Sensors: The Internet of Things (IoT) and digital technologies such as QR codes, NFC tags, and RFID sensors enable real-time tracking and traceability and interaction with the consumer, are changing the face of smart food packaging. IoT-enabled smart labels monitor temperature, humidity, and food freshness for safety and reduced food waste. These technologies also involve consumers by providing them with detailed product information and transparency via smartphones. This disruption brings about growth in connected packaging solutions that assist brands to improve customer experience, guarantee quality control, and increase trust in the supply chain.
• Growth of Biodegradable and Edible Packaging: The growth of biodegradable and edible packaging mirrors the growing demand for sustainable alternatives in the packaging industry. With plastic pollution concerns increasing, these innovations provide an environmentally friendly solution that maintains food safety and prolongs shelf life. Biodegradable packaging is made from natural materials such as seaweed, starch, and proteins and breaks down safely. Edible packaging enhances convenience by providing consumers with the option of having waste-free consumption. This disruptive trend, therefore, aligns with the regulatory pressure and consumer preferences for sustainability, positioning brands to capitalize on growing opportunities in the market for innovation and environmental responsibility.
“Intelligent packaging is expected to have highest CAGR in the packaging type segment throughout the forecast period.”
Rapid expansion in the intelligent packaging market is influenced by advancements in technology, increasing demand from consumers for convenience, and awareness regarding food safety. Some key technologies are sensors, RFID, and temperature indicators. These enable real-time monitoring that ensures freshness and minimizes the risk of spoilage. It caters to the interests of both consumers and businesses, thus promoting market growth furthered by the growing trend of e-commerce and efficient management of the supply chain. The adoption of this product is very high in North America and Europe because of strict food safety norms and demand for sustainable packaging solutions. On the other hand, Asia-Pacific has been growing rapidly because of the rate of urbanization, consumer preference changes, and an increase in retail businesses. Prominent players like Amcor plc (Switzerland), Sealed Air (US), and THE TETRA LAVAL GROUP (Switzerland) have capitalized on these opportunities.
“Plastic holds largest market share by material segment in the smart food packaging market.”
Plastic is the leader of the market in terms of material in the smart food packaging market because of the characteristics such as versatility, low price, and durability. Plastics can be molded into different forms; besides, they are also known for their lightweight properties. In active and intelligent packaging applications, plastics are highly ideal due to these properties. Polyethylene, polypropylene, and PET are used widely due to their barrier properties, with pliable characteristics, preventing any contamination risks and ensuring food safety, and longer shelf life. Advancements in recyclable and biodegradable plastics are gaining momentum along with the increase in environmental concerns, hence driving demand for sustainable packaging solutions. North America and Asia-Pacific are the significant adopters of plastic-based smart packaging, which is further fueling the growth of the market.
“The North America accounts for largest market share in the region in the smart food packaging market.”
The North American smart food packaging market is set to experience growth with increasing factors like food sales and demand for sustainable, convenient, and safe packaging solutions. As reported by the USDA in November 2023, in 2019, the retail food stores in the U.S. sold USD 717 billion of food and nonfood products, with grocery stores selling 92.1% of these. This strong market serves to illustrate the demand for packaging that will serve the needs of large food retailers.
The USDA, in its report of November 2024, further mentioned that agriculture, food, and related industries contributed approximately USD 1.530 trillion in 2023 to the U.S. GDP. This totals 5.6 percent of the economy. This demonstrates the food industry's importance in the economy and further calls for effective packaging solutions for efficiency and sustainability.
As the North American food sector continues to expand, particularly in grocery and specialty stores, the need for advanced food packaging solutions is expected to rise. Technologies like active packaging, modified atmosphere packaging, and intelligent packaging are meeting consumer demands for extended shelf life, food safety, and traceability. Moreover, heightened awareness around food and plastic waste is creating opportunities for developing more sustainable packaging alternatives. The growth of this market is fueled by technological innovations and a shift in consumer preference toward environmentally friendly packaging options.
The break-up of the profile of primary participants in the smart food packaging market:
• By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
• By Designation: Directors – 15%, Managers- 25% and Others - 60%
• By Region: North America – 40%, Europe – 35%, Asia Pacific – 20%, and Rest of the World – 5%
Prominent companies include Amcor plc (Switzerland), Mondi (UK), Sealed Air (US), Berry Global Inc. (US), Toyo Seikan Group Holdings, Ltd. (Japan), THE TETRA LAVAL GROUP (Switzerland), Crown (US), 3M (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Multisorb (US), Huhtamäki Oyj (Finland), Timestrip UK LTD (UK), Stepac (Israel), Checkpoint Systems, Inc. (US), and Novipax Buyer, LLC (US) among others.
Research Coverage:
This research report categorizes the smart food packaging market by Packaging Type (Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging, Bioactive Packaging and Other Packaging Type), Application (Beverages, Fruits & Vegetables, Meat, Poultry & Seafood, Baked & Confectionary Products, Milk & Dairy Products, Processed Foods and Other Applications), Functionality (Barrier Protection, Moisture and Gas Control, Temperature Regulation, Food Safety Monitoring, Shelf-Life Extension, Consumer Interaction and Engagement and Product Authentication), Material (Plastic, Paper & Paperboard, Metal, Glass and Other Material Types), and Region (North America, Europe, Asia Pacific, South America, and Rest of the World).
The report covers information about the key factors, such as drivers, restraints, opportunities, and challenges impacting the growth of the smart food packaging market. It also provides a detailed analysis of the major players in the market, including their business overview, products offered; key strategies; partnerships, new product launches, expansions, and acquisitions. Competitive benchmarking of upcoming startups in the smart food packaging market is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall smart food packaging market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Technological advancements enabling smart features like temperature sensors and freshness indicators, and Rising consumer preference for convenience and extended shelf life of packaged food), restraints (Limited infrastructure for recycling smart packaging materials globally, and Consumer resistance to adopting new packaging solutions due to unfamiliarity), opportunities (Development of biodegradable and edible packaging to replace traditional plastic packaging, Expansion of e-commerce driving demand for smart packaging in food deliveries, and Increasing regulatory pressure encouraging the adoption of sustainable food packaging solutions), and challenges (Ensuring cost-effective production while maintaining high-tech features in smart packaging) influencing the growth of the smart food packaging market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the smart food packaging market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the smart food packaging market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the smart food packaging market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading smart food packaging market players such as Amcor plc (Switzerland), Mondi (UK), Sealed Air (US), Berry Global Inc. (US), Toyo Seikan Group Holdings, Ltd. (Japan), THE TETRA LAVAL GROUP (Switzerland), Crown (US), 3M (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Multisorb (US), Huhtamäki Oyj (Finland), Timestrip UK LTD (UK), Stepac (Israel), Checkpoint Systems, Inc. (US), and Novipax Buyer, LLC (US) among others. The report also helps stakeholders understand the smart food packaging market and provides them with information on key market drivers, restraints, challenges, and opportunities.

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Table of Contents

1 INTRODUCTION 28
1.1 STUDY OBJECTIVES 28
1.2 MARKET DEFINITION 28
1.3 STUDY SCOPE 29
1.3.1 MARKET SEGMENTATION 29
1.3.2 INCLUSIONS & EXCLUSIONS 30
1.3.3 YEARS CONSIDERED 31
1.4 CURRENCY CONSIDERED 31
1.5 STAKEHOLDERS 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
2.1.1 SECONDARY DATA 34
2.1.1.1 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Key data from primary sources 35
2.1.2.2 Key industry insights 35
2.1.2.3 Breakdown of primary interviews 36
2.2 MARKET SIZE ESTIMATION 36
2.2.1 BOTTOM-UP APPROACH 37
2.2.2 TOP-DOWN APPROACH 38
2.3 DATA TRIANGULATION 39
2.4 RESEARCH ASSUMPTIONS 40
2.5 LIMITATIONS AND RISK ASSESSMENT 40
3 EXECUTIVE SUMMARY 41
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART FOOD PACKAGING MARKET 47
4.2 NORTH AMERICA: SMART FOOD PACKAGING MARKET,
BY PACKAGING TYPE AND COUNTRY 48
4.3 SMART FOOD PACKAGING MARKET: REGIONAL SNAPSHOT 49
4.4 SMART FOOD PACKAGING, BY MATERIAL AND REGION 50
4.5 SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY AND REGION 51
4.6 SMART FOOD PACKAGING MARKET, BY APPLICATION AND REGION 52
 
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MACROECONOMIC OUTLOOK 53
5.2.1 RISING REGULATORY PRESSURES AND FOOD SAFETY STANDARDS 53
5.3 MARKET DYNAMICS 56
5.3.1 DRIVERS 56
5.3.1.1 Advancements in IoT and sensor technology 56
5.3.1.2 Blockchain technology revolutionizing food supply chains 57
5.3.1.3 Companies’ adoption of RFID technology in food safety and supply chain management 58
5.3.1.4 Growing awareness of plastic waste driving demand for biodegradable edible packaging from natural polymers like seaweed and starch 58
5.3.2 RESTRAINTS 59
5.3.2.1 Lack of consumer awareness in developing markets 59
5.3.2.2 Consumer privacy concerns 60
5.3.3 OPPORTUNITIES 60
5.3.3.1 Increased demand for cold chain monitoring 60
5.3.3.2 Food authentication and anti-counterfeiting 61
5.3.4 CHALLENGES 62
5.3.4.1 High initial costs 62
5.4 IMPACT OF GEN AI ON SMART FOOD PACKAGING 63
5.4.1 INTRODUCTION 63
5.4.2 APPLICATIONS OF AI IN SMART PACKAGING 63
6 INDUSTRY TRENDS 64
6.1 INTRODUCTION 64
6.2 VALUE CHAIN 64
6.2.1 RAW MATERIAL SOURCING 64
6.2.2 MANUFACTURING OF PACKAGING COMPONENTS 64
6.2.3 QUALITY CONTROL AND TESTING 65
6.2.4 PACKAGING ASSEMBLY 65
6.2.5 DISTRIBUTION AND LOGISTICS 65
6.2.6 END-USER INTERACTION AND DISPOSAL 65
6.2.7 DATA INTEGRATION AND ANALYSIS (DIGITAL SUPPLY CHAIN) 65
6.3 SUPPLY CHAIN 66
6.4 TRENDS IMPACTING CUSTOMER BUSINESS 67
6.5 PRICING ANALYSIS 68
6.5.1 AVERAGE SELLING PRICE TREND ANALYSIS 68
6.6 MARKET MAPPING AND ECOSYSTEM OF SMART FOOD PACKAGING 69
6.6.1 DEMAND SIDE 69
6.6.2 SUPPLY SIDE 69
6.7 TRADE DATA 71
6.8 PORTER’S FIVE FORCES ANALYSIS 72
6.8.1 INTENSITY OF COMPETITIVE RIVALRY 73
6.8.2 BARGAINING POWER OF SUPPLIERS 73
6.8.3 BARGAINING POWER OF BUYERS 73
6.8.4 THREAT OF SUBSTITUTES 74
6.8.5 THREAT OF NEW ENTRANTS 74
6.9 TECHNOLOGY ANALYSIS 75
6.9.1 KEY TECHNOLOGY 75
6.9.1.1 Nanotechnology 75
6.9.1.2 Self-healing packaging 75
6.9.2 COMPLEMENTARY TECHNOLOGY 75
6.9.2.1 Augmented reality (AR) 75
6.9.2.2 AI & machine learning 75
6.9.3 ADJACENT TECHNOLOGY 76
6.9.3.1 Recycling & circular economy innovation 76
6.10 PATENT ANALYSIS 76
6.11 TARIFF AND REGULATORY LANDSCAPE 77
6.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
6.11.2 SMART FOOD PACKAGING REGULATIONS IN NORTH AMERICA 80
6.11.2.1 US 80
6.11.2.2 Canada 80
6.11.3 SMART FOOD PACKAGING REGULATIONS IN EUROPEAN UNION 81
6.11.4 SMART FOOD PACKAGING REGULATIONS IN ASIA PACIFIC 81
6.11.4.1 China 81
6.11.4.2 India 82
6.12 CASE STUDIES 83
6.13 KEY CONFERENCES AND EVENTS 84
6.14 KEY STAKEHOLDERS AND BUYING CRITERIA 85
6.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 85
6.14.2 BUYING CRITERIA 86
7 SMART FOOD PACKAGING MARKET, BY APPLICATION 87
7.1 INTRODUCTION 88
7.2 BEVERAGES 90
7.2.1 IMPROVED QUALITY, FRESHNESS, AND SUSTAINABILITY TO DRIVE MARKET 90
7.3 FRUITS & VEGETABLES 91
7.3.1 ENHANCED FRESHNESS AND REDUCED WASTE TO DRIVE GROWTH 91
7.4 MEAT, POULTRY & SEAFOOD 92
7.4.1 FOOD QUALITY AND SAFETY IN MEAT, POULTRY, AND SEAFOOD MARKETS TO DRIVE GROWTH 92
7.5 BAKED & CONFECTIONERY PRODUCTS 93
7.5.1 ENHANCED FOOD FRESHNESS AND SHELF-LIFE EXTENSION TO DRIVE MARKET 93
7.6 MILK & DAIRY PRODUCTS 95
7.6.1 ENHANCED FOOD SAFETY AND SUSTAINABILITY TO DRIVE GROWTH 95
7.7 PROCESSED FOODS 96
7.7.1 INCREASED PRODUCTION AND CONSUMPTION OF PROCESSED FOODS TO DRIVE DEMAND 96
7.8 OTHER APPLICATIONS 97
8 SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY 99
8.1 INTRODUCTION 100
8.2 BARRIER PROTECTION 101
8.2.1 ENHANCED FOOD QUALITY AND SAFETY THROUGH ADVANCED BARRIER PROTECTION TO DRIVE DEMAND 101
8.3 MOISTURE & GAS CONTROL 102
8.3.1 OPTIMIZED FOOD FRESHNESS WITH ADVANCED MOISTURE & GAS CONTROL TO DRIVE GROWTH 102
8.4 TEMPERATURE REGULATION 103
8.4.1 ENHANCED COLD CHAIN EFFICIENCY WITH ADVANCED TEMPERATURE REGULATION TO DRIVE MARKET 103
8.5 FOOD SAFETY MONITORING 104
8.5.1 ADVANCING FOOD SAFETY WITH REAL-TIME MONITORING TO DRIVE DEMAND 104
8.6 SHELF-LIFE EXTENSION 105
8.6.1 ENHANCED FOOD QUALITY AND REDUCED WASTAGE TO DRIVE MARKET 105
8.7 CONSUMER INTERACTION AND ENGAGEMENT 106
8.7.1 EVOLVING RETAIL AND CONSUMER EXPERIENCE TO DRIVE RFID AND NFC PACKAGING 106
8.8 PRODUCT AUTHENTICATION 107
8.8.1 ENHANCED PRODUCT INTEGRITY WITH ADVANCED AUTHENTICITY AND TRACEABILITY PACKAGING TECHNOLOGIES TO DRIVE DEMAND 107
9 SMART FOOD PACKAGING MARKET, BY MATERIAL 109
9.1 INTRODUCTION 110
9.2 PLASTIC 111
9.2.1 COST-EFFECTIVENESS AND EASY AVAILABILITY TO DRIVE MARKET 111
9.3 PAPER & PAPERBOARD 112
9.3.1 ECO-FRIENDLY INNOVATION AND SUSTAINABILITY TO DRIVE GROWTH 112
9.4 METAL 113
9.4.1 DURABILITY AND INNOVATION TO DRIVE GROWTH OF METAL IN SMART FOOD PACKAGING 113
9.5 GLASS 114
9.5.1 PREMIUM LOOK AND NON-REACTIVE NATURE OF GLASS TO DRIVE DEMAND 114
9.6 OTHER MATERIAL TYPES 115
10 SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE 117
10.1 INTRODUCTION 118
10.2 ACTIVE PACKAGING 119
10.2.1 ANTIMICROBIAL AGENTS 121
10.2.1.1 Enhanced food safety and shelf life to drive market 121
10.2.2 GAS SCAVENGERS 121
10.2.2.1 Extended shelf life and quality preservation to drive growth 121
10.2.3 MOISTURE CONTROL (HUMIDITY REGULATORS) & TEMPERATURE CONTROL PACKAGING 122
10.2.3.1 Enhanced food freshness and sustainability with moisture and temperature control packaging to drive demand 122
10.3 INTELLIGENT PACKAGING 122
10.3.1 INDICATORS AND BIOSENSORS 124
10.3.1.1 Enhanced food safety and freshness with advanced oxygen indicators and sensors in packaging to drive market 124
10.3.2 RFID (RADIO-FREQUENCY IDENTIFICATION) & NFC (NEAR FIELD COMMUNICATION) 125
10.3.2.1 Evolving retail and consumer experience to drive RFID and NFC packaging 125
10.3.3 AUTHENTICATION AND TRACEABILITY TECHNOLOGIES 125
10.3.3.1 Enhanced product integrity with advanced authenticity and traceability packaging technologies to drive demand 125
10.4 MODIFIED ATMOSPHERE PACKAGING (MAP) 126
10.4.1 VACUUM PACKAGING 127
10.4.1.1 Maximizing freshness and efficiency with vacuum packaging for extended shelf life to drive market 127
10.4.2 GAS-FLUSHED PACKAGING 127
10.4.2.1 Flavor, texture, and color enhancing qualities to drive market growth in snacks and meat industry 127
10.5 EDIBLE PACKAGING 128
10.5.1 SUSTAINABILITY AND ECO-FRIENDLY SOLUTIONS TO DRIVE GROWTH 128
10.6 OTHER PACKAGING TYPES 129
11 SMART FOOD PACKAGING MARKET, BY TECHNOLOGY 131
11.1 INTRODUCTION 131
11.2 RFID & NFC 131
11.2.1 CASE STUDIES OF RFID APPLICATIONS IN FOOD MANUFACTURING INDUSTRY 131
11.3 SENSORS AND BIOSENSORS 132
11.3.1 MONITORING ENVIRONMENTAL CONDITIONS 132
11.3.2 BIOSENSORS FOR QUALITY ASSURANCE 133
11.3.3 GAS SENSORS FOR SPOILAGE DETECTION 133
11.3.4 QUALITY CONTROL AND CONSUMER ENGAGEMENT 133
 
11.4 BLOCKCHAIN TECHNOLOGY 134
11.5 INTERNET OF PACKAGING (IOP) 135
11.5.1 INTERNET OF PACKAGING IN FOOD INDUSTRY 135
11.5.2 BENEFITS OF INTERNET OF PACKAGING 136
11.6 ADVANCED 3D PRINTING 136
11.7 OTHER TECHNOLOGIES 137
12 SMART FOOD PACKAGING MARKET, BY REGION 139
12.1 INTRODUCTION 140
12.2 NORTH AMERICA 142
12.2.1 US 147
12.2.1.1 Rise in consumption and sales of food products to drive demand 147
12.2.2 CANADA 148
12.2.2.1 Increased consumption of baked and confectionary products to drive market 148
12.2.3 MEXICO 150
12.2.3.1 Growth of meat and poultry industry to drive market 150
12.3 EUROPE 151
12.3.1 GERMANY 156
12.3.1.1 Increased growth in German food processing industry to drive market 156
12.3.2 UK 157
12.3.2.1 Growth in food industry to drive demand for innovative and sustainable smart packaging solutions 157
12.3.3 FRANCE 158
12.3.3.1 Demand for baked goods to drive market 158
12.3.4 SPAIN 160
12.3.4.1 High growth of food industry to drive market 160
12.3.5 ITALY 161
12.3.5.1 Increased demand and production of processed food to drive market 161
12.3.6 REST OF EUROPE 162
12.4 ASIA PACIFIC 164
12.4.1 CHINA 169
12.4.1.1 Increased import & production of meat & seafood to drive market 169
12.4.2 INDIA 171
12.4.2.1 Increased trade of food items to drive MAP and active food packaging market 171
12.4.3 JAPAN 172
12.4.3.1 Increased demand from food industry to drive smart food packaging market 172
12.4.4 AUSTRALIA & NEW ZEALAND 173
12.4.4.1 Growth of food industry and sustainability concerns in packaging to drive market 173
12.4.5 REST OF ASIA PACIFIC 175
 
12.5 SOUTH AMERICA 177
12.5.1 BRAZIL 180
12.5.1.1 Growth of retail food industry to drive market 180
12.5.2 ARGENTINA 182
12.5.2.1 Increased meat and poultry production to drive smart food packaging market 182
12.5.3 REST OF SOUTH AMERICA 183
12.6 REST OF THE WORLD 185
12.6.1 MIDDLE EAST 188
12.6.1.1 Rising demand for processed foods and meat to drive market 188
12.6.2 AFRICA 190
12.6.2.1 Increased demand for food and meat to drive market 190
13 COMPETITIVE LANDSCAPE 192
13.1 OVERVIEW 192
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 193
13.3 REVENUE ANALYSIS 195
13.4 MARKET SHARE ANALYSIS, 2023 196
13.4.1 MARKET RANKING ANALYSIS 197
13.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 199
13.5.1 STARS 199
13.5.2 EMERGING LEADERS 199
13.5.3 PERVASIVE PLAYERS 199
13.5.4 PARTICIPANTS 199
13.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 201
13.5.5.1 Company footprint 201
13.5.5.2 Regional footprint 202
13.5.5.3 Type footprint 203
13.5.5.4 Application footprint 204
13.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 205
13.6.1 PROGRESSIVE COMPANIES 205
13.6.2 RESPONSIVE COMPANIES 205
13.6.3 DYNAMIC COMPANIES 205
13.6.4 STARTING BLOCKS 205
13.6.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023 207
13.6.5.1 Key start-ups/SMEs 207
13.6.5.2 Competitive benchmarking of key start-ups/SMEs 208
13.7 COMPANY VALUATION AND FINANCIAL METRICS 209
13.8 BRAND/PRODUCT COMPARISON 210
 
13.9 COMPETITIVE SCENARIO AND TRENDS 212
13.9.1 PRODUCT LAUNCHES AND ENHANCEMENTS 212
13.9.2 DEALS 214
13.9.3 EXPANSIONS 217
14 COMPANY PROFILES 220
14.1 KEY PLAYERS 220
14.1.1 AMCOR PLC 220
14.1.1.1 Business overview 220
14.1.1.2 Products/Solutions/Services offered 221
14.1.1.3 Recent developments 223
14.1.1.3.1 Product launches 223
14.1.1.3.2 Expansions 224
14.1.1.3.3 Deals 225
14.1.1.3.4 Other deals/developments 226
14.1.1.4 MnM view 227
14.1.1.4.1 Right to win 227
14.1.1.4.2 Strategic choices 227
14.1.1.4.3 Weaknesses and competitive threats 227
14.1.2 SEALED AIR 228
14.1.2.1 Business overview 228
14.1.2.2 Products/Solutions/Services offered 229
14.1.2.3 Recent developments 231
14.1.2.3.1 Product launches 231
14.1.2.3.2 Expansions 232
14.1.2.3.3 Deals 232
14.1.2.4 MnM view 233
14.1.2.4.1 Right to win 233
14.1.2.4.2 Strategic choices 234
14.1.2.4.3 Weaknesses and competitive threats 234
14.1.3 BERRY GLOBAL INC. 235
14.1.3.1 Business overview 235
14.1.3.2 Products/Solutions/Services offered 236
14.1.3.3 Recent developments 237
14.1.3.3.1 Expansions 237
14.1.3.3.2 Deals 238
14.1.3.4 MnM view 238
14.1.3.4.1 Right to win 238
14.1.3.4.2 Strategic choices 238
14.1.3.4.3 Weaknesses and competitive threats 238
 
14.1.4 THE TETRA LAVAL GROUP 239
14.1.4.1 Business overview 239
14.1.4.2 Products/Solutions/Services offered 240
14.1.4.3 Recent developments 241
14.1.4.3.1 Deals 241
14.1.4.4 MnM view 241
14.1.4.4.1 Right to win 241
14.1.4.4.2 Strategic choices 241
14.1.4.4.3 Weaknesses and competitive threats 241
14.1.5 MONDI 242
14.1.5.1 Business overview 242
14.1.5.2 Products/Solutions/Services offered 243
14.1.5.3 Recent developments 246
14.1.5.3.1 Expansions 246
14.1.5.3.2 Deals 246
14.1.5.4 MnM view 247
14.1.5.4.1 Right to win 247
14.1.5.4.2 Strategic choices 247
14.1.5.4.3 Weaknesses and competitive threats 247
14.1.6 TOYO SEIKAN GROUP HOLDINGS, LTD. 248
14.1.6.1 Business overview 248
14.1.6.2 Products/Solutions/Services offered 249
14.1.6.3 MnM view 250
14.1.7 CROWN 251
14.1.7.1 Business overview 251
14.1.7.2 Products/Solutions/Services offered 252
14.1.7.3 MnM view 253
14.1.8 3M 254
14.1.8.1 Business overview 254
14.1.8.2 Products/Solutions/Services offered 255
14.1.8.3 MnM view 256
14.1.9 MITSUBISHI GAS CHEMICAL COMPANY, INC. 257
14.1.9.1 Business overview 257
14.1.9.2 Products/Solutions/Services offered 258
14.1.9.3 Recent developments 259
14.1.9.3.1 Product launches 259
14.1.9.4 MnM view 259
14.1.10 MULTISORB 260
14.1.10.1 Business overview 260
14.1.10.2 Products/Solutions/Services offered 260
14.1.10.3 MnM view 261
 
14.1.11 HUHTAMÄKI OYJ 262
14.1.11.1 Business overview 262
14.1.11.2 Products/Solutions/Services offered 263
14.1.11.3 Recent developments 264
14.1.11.3.1 Product launches 264
14.1.11.4 MnM view 265
14.1.12 STEPAC 266
14.1.12.1 Business overview 266
14.1.12.2 Products/Solutions/Services offered 266
14.1.12.3 Recent developments 267
14.1.12.3.1 Product launches 267
14.1.12.3.2 Deals 268
14.1.12.4 MnM view 268
14.1.13 CHECKPOINT SYSTEMS, INC. 269
14.1.13.1 Business overview 269
14.1.13.2 Products/Solutions/Services offered 269
14.1.13.3 Recent developments 270
14.1.13.3.1 Deals 270
14.1.13.4 MnM view 270
14.1.14 NOVIPAX BUYER, LLC 271
14.1.14.1 Business overview 271
14.1.14.2 Products/Solutions/Services offered 271
14.1.14.3 Recent developments 273
14.1.14.3.1 Product launches 273
14.1.14.3.2 Expansions 273
14.1.14.4 MnM view 273
14.1.15 TIMESTRIP UK LTD 274
14.1.15.1 Business overview 274
14.1.15.2 Products/Solutions/Services offered 274
14.1.15.3 Recent developments 276
14.1.15.3.1 Product launches 276
14.1.15.3.2 Deals 277
14.1.15.4 MnM view 277
14.2 OTHER PLAYERS 278
14.2.1 INSIGNIA TECHNOLOGIES LTD. 278
14.2.1.1 Business overview 278
14.2.1.2 Products/Solutions/Services offered 278
14.2.1.3 Recent developments 279
14.2.1.3.1 Product launches 279
14.2.1.4 MnM view 279
 
14.2.2 VARCODE 280
14.2.2.1 Business overview 280
14.2.2.2 Products/Solutions/Services offered 280
14.2.2.3 Recent developments 281
14.2.2.3.1 Deals 281
14.2.2.4 MnM view 281
14.2.3 TIPA LTD 282
14.2.3.1 Business overview 282
14.2.3.2 Products/Solutions/Services offered 282
14.2.3.3 Recent developments 284
14.2.3.3.1 Product launches 284
14.2.3.3.2 Deals 284
14.2.3.4 MnM view 285
14.2.4 FLEXIBLE PACKAGING SOLUTIONS 286
14.2.4.1 Business overview 286
14.2.4.2 Products/Solutions/Services offered 286
14.2.4.3 Recent developments 287
14.2.4.3.1 Expansions 287
14.2.4.4 MnM view 288
14.2.5 NOTPLA 289
14.2.5.1 Business overview 289
14.2.5.2 Products/Solutions/Services offered 289
14.2.5.3 MnM view 290
14.2.6 VITSAB INTERNATIONAL AB 291
14.2.7 TEMPIX AB 291
14.2.8 BIOWRAP 292
14.2.9 IT'S FRESH LIMITED 292
14.2.10 KELP INDUSTRIES LTD 293
15 ADJACENT & RELATED MARKETS 294
15.1 INTRODUCTION 294
15.2 LIMITATIONS 294
15.3 FOOD PACKAGING FILMS MARKET 294
15.3.1 MARKET DEFINITION 294
15.3.2 MARKET OVERVIEW 294
15.4 FOOD & BEVERAGE METAL CANS MARKET 296
15.4.1 MARKET DEFINITION 296
15.4.2 MARKET OVERVIEW 296
 
16 APPENDIX 298
16.1 DISCUSSION GUIDE 298
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 301
16.3 CUSTOMIZATION OPTIONS 303
16.4 RELATED REPORTS 303
16.5 AUTHOR DETAILS 304