Internet of Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Internet Of Packaging Market
The internet of packaging market size was valued at USD 18.50 billion in 2022, and the market is now projected to grow from USD 19.34 billion in 2023 to USD 27.76 billion by 2030, exhibiting a CAGR of 5.3% during the forecast period of 2023-2030.
The COVID-19 pandemic undesirably affected several end-use industries globally. The packaging market experienced a decline due to numerous factors, comprising supply chain disturbances, condensed production activities, severe trade restraints, and raw material supply inequalities. Likewise, the Internet of Packaging segment faced a strike in regular production activities during the early stages of the pandemic hampering internet of packaging market growth.
The growth of the food and beverages industry is a substantial driver of the increasing Internet of Packaging market. This segment is undergoing speedy growth, mainly due to severe worldwide food safety procedures. The increasing demand for inventive packaging solutions that ensure the quality of food products is boosting market development. Consumers are progressively selecting superior food products, highlighting flavor, security, color, and ending date.
Sustainability is a vital movement in the market as consumers are more worried about the atmosphere. Numerous initiatives for plastic decline, reprocessing, and maintainable packaging solutions contribute to the increasing demand for ecological packaging products.The enhancing need for keen, interactive, biodegradable, and accessible packaging solutions for numerous end-use industries will boost the demand for internet of packaging.
Comprehensive Analysis of Internet Of Packaging Market
The market can be segmented in various ways depending on the focus of study such as by technology, by packaging type, and by end-user. Based on technology, the market is segmented into barcode & QR codes, sensors & tags, radio frequency identification, near-field communications, and indicators.By packaging, the market is segmented into boxes & cartons, bottles & jars, films & wraps, mailers, bags, tubes, pouches, blisters, and others. By end-user, the market is segmented into food & beverages, healthcare, personal care & cosmetics, homecare, consumer electronics, logistics & transport, apparel & accessories, sports & retail, and others.
North America region is dominating the internet of packaging market share due to enlarged demand for packed and frozen food products.Consumers altering acquiring activities, standard of living and growing demand for connected packaging solutions has experience reasonable growth.
The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and growing market share by merger, partnerships and others. These players include
Wiliot (Israel), Tetra Pak (Switzerland), Scanbuy Inc. (U.S.), Kezzler (Norway), Identiv Inc. (U.S.), Tapwow (U.S.), Sepio Products (India), CuePath Innovation Designs (Canada), Insignia Technologies (U.K.), RePack (Finland), ImpaX.io (Israel), Qtrust (U.K.), Iungo (Brazil) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In May 2022, Avery Dennison stated its strategic partnership with Wiliot, a creator and supplier of digital ID technologies. The planned partnership will measure the IoT by incorporating atma.io and the design, expansion, and manufacturing of Wiliot tags, making a quick and entirely linked IoT.
Segmentation Table
Attribute Details
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 5.3% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Technology, By Packaging Type, By End-user, and By Region
Segmentation By Technology
Barcode & QR Code
Sensors & Tags
Radio Frequency Identification
Near Field Communications
Indicators
By Packaging Type
Boxes & Cartons
Bottles & Jars
Films & Wraps
Mailers
Bags
Tubes
Pouches
Blisters
Others
By End-user
Food & Beverages
Healthcare
Personal Care & Cosmetics
Homecare
Consumer Electronics
Logistics & Transport
Apparel & Accessories
Sport & Retail
Others
By Region
North America (By Technology, By Packaging Type, By End-user, and by Country)
- U.S. (By End-user)
- Canada (By End-user)
Europe (By Technology, By Packaging Type, By End-user, and by Country)
- U.K. (By End-user)
- Germany (By End-user r)
- France (By End User)
- Spain (By End-user)
- Italy (By End-user)
- Russia (By End-user)
- Rest of Europe (By End-user)
Asia Pacific (By Technology, By Packaging Type, By End-user, and by Country)
- China (By End-user)
- India (By End-user)
- Japan (By End-user)
- Australia (By End-user)
- Southeast Asia (By End-user)
- Rest of Asia Pacific (By End-user)
Latin America (By Technology, By Packaging Type, By End-user, and by Country)
- Brazil (By End-user)
- Mexico (By End-user)
- Rest of Latin America (By End-user)
Middle East & Africa (By Technology, By Packaging Type, By End-user, and by Country)
- GCC (By End-user)
- South Africa (By End-user)
- Rest of the Middle East & Africa (By End-user)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Overview on Parent/Related Market
- 4.2. Supply Chain and Regulatory Analysis
- 4.3. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- 4.4. Market Analysis and Insights (in Relation with COVID-19)
- 4.4.1. Impact of COVID-19 on the Market
- 4.4.2. Supply Chain Challenges due to the Pandemic
- 4.4.3. Potential Opportunities due to COVID-19
- 5. Global Rendered Poultry Products Market Analysis, Insights and Forecast, 2019-2030
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Type
- 5.2.1.1. Poultry Fat
- 5.2.1.2. Grease
- 5.2.1.3. Protein Meal
- 5.2.1.4. Others
- 5.2.2. By Grade
- 5.2.2.1. Food Grade
- 5.2.2.2. Feed Grade
- 5.2.2.3. Industrial Grade
- 5.2.3. By Region
- 5.2.3.1. North America
- 5.2.3.2. Europe
- 5.2.3.3. Asia Pacific
- 5.2.3.4. South America
- 5.2.3.5. Middle East & Africa
- 6. North America Rendered Poultry Products Market Analysis, Insights and Forecast, 2019-2030
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Type
- 6.2.1.1. Poultry Fat
- 6.2.1.2. Grease
- 6.2.1.3. Protein Meal
- 6.2.1.4. Others
- 6.2.2. By Grade
- 6.2.2.1. Food Grade
- 6.2.2.2. Feed Grade
- 6.2.2.3. Industrial Grade
- 6.2.3. By Country (Value)
- 6.2.3.1. U.S.
- 6.2.3.1.1. By Grade
- 6.2.3.1.1.1. Food Grade
- 6.2.3.1.1.2. Feed Grade
- 6.2.3.1.1.3. Industrial Grade
- 6.2.3.2. Canada
- 6.2.3.2.1. By Grade
- 6.2.3.2.1.1. Food Grade
- 6.2.3.2.1.2. Feed Grade
- 6.2.3.2.1.3. Industrial Grade
- 6.2.3.3. Mexico
- 6.2.3.3.1. By Grade
- 6.2.3.3.1.1. Food Grade
- 6.2.3.3.1.2. Feed Grade
- 6.2.3.3.1.3. Industrial Grade
- 7. Europe Rendered Poultry Products Market Analysis, Insights and Forecast, 2019-2030
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Type
- 7.2.1.1. Poultry Fat
- 7.2.1.2. Grease
- 7.2.1.3. Protein Meal
- 7.2.1.4. Others
- 7.2.2. By Grade
- 7.2.2.1. Food Grade
- 7.2.2.2. Feed Grade
- 7.2.2.3. Industrial Grade
- 7.2.3. By Country (Value)
- 7.2.3.1. Germany
- 7.2.3.1.1. By Grade
- 7.2.3.1.1.1. Food Grade
- 7.2.3.1.1.2. Feed Grade
- 7.2.3.1.1.3. Industrial Grade
- 7.2.3.2. France
- 7.2.3.2.1. By Grade
- 7.2.3.2.1.1. Food Grade
- 7.2.3.2.1.2. Feed Grade
- 7.2.3.2.1.3. Industrial Grade
- 7.2.3.3. U.K.
- 7.2.3.3.1. By Grade
- 7.2.3.3.1.1. Food Grade
- 7.2.3.3.1.2. Feed Grade
- 7.2.3.3.1.3. Industrial Grade
- 7.2.3.4. Spain
- 7.2.3.4.1. By Grade
- 7.2.3.4.1.1. Food Grade
- 7.2.3.4.1.2. Feed Grade
- 7.2.3.4.1.3. Industrial Grade
- 7.2.3.5. Italy
- 7.2.3.5.1. By Grade
- 7.2.3.5.1.1. Food Grade
- 7.2.3.5.1.2. Feed Grade
- 7.2.3.5.1.3. Industrial Grade
- 7.2.3.6. Rest of Europe
- 7.2.3.6.1. By Grade
- 7.2.3.6.1.1. Food Grade
- 7.2.3.6.1.2. Feed Grade
- 7.2.3.6.1.3. Industrial Grade
- 8. Asia Pacific Rendered Poultry Products Market Analysis, Insights and Forecast, 2019-2030
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Type
- 8.2.1.1. Poultry Fat
- 8.2.1.2. Grease
- 8.2.1.3. Protein Meal
- 8.2.1.4. Others
- 8.2.2. By Grade
- 8.2.2.1. Food Grade
- 8.2.2.2. Feed Grade
- 8.2.2.3. Industrial Grade
- 8.2.3. By Country (Value)
- 8.2.3.1. China
- 8.2.3.1.1. By Grade
- 8.2.3.1.1.1. Food Grade
- 8.2.3.1.1.2. Feed Grade
- 8.2.3.1.1.3. Industrial Grade
- 8.2.3.2. India
- 8.2.3.2.1. By Grade
- 8.2.3.2.1.1. Food Grade
- 8.2.3.2.1.2. Feed Grade
- 8.2.3.2.1.3. Industrial Grade
- 8.2.3.3. Japan
- 8.2.3.3.1. By Grade
- 8.2.3.3.1.1. Food Grade
- 8.2.3.3.1.2. Feed Grade
- 8.2.3.3.1.3. Industrial Grade
- 8.2.3.4. Australia
- 8.2.3.4.1. By Grade
- 8.2.3.4.1.1. Food Grade
- 8.2.3.4.1.2. Feed Grade
- 8.2.3.4.1.3. Meal Industrial Grade
- 8.2.3.5. Rest of Asia Pacific
- 8.2.3.5.1. By Grade
- 8.2.3.5.1.1. Food Grade
- 8.2.3.5.1.2. Feed Grade
- 8.2.3.5.1.3. Industrial Grade
- 9. South America Rendered Poultry Products Market Analysis, Insights and Forecast, 2019-2030
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Type
- 9.2.1.1. Poultry Fat
- 9.2.1.2. Grease
- 9.2.1.3. Protein Meal
- 9.2.1.4. Others
- 9.2.2. By Grade
- 9.2.2.1. Food Grade
- 9.2.2.2. Feed Grade
- 9.2.2.3. Industrial Grade
- 9.2.3. By Country (Value)
- 9.2.3.1. Brazil
- 9.2.3.1.1. By Grade
- 9.2.3.1.1.1. Food Grade
- 9.2.3.1.1.2. Feed Grade
- 9.2.3.1.1.3. Industrial Grade
- 9.2.3.2. Argentina
- 9.2.3.2.1. By Grade
- 9.2.3.2.1.1. Food Grade
- 9.2.3.2.1.2. Feed Grade
- 9.2.3.2.1.3. Industrial Grade
- 9.2.3.3. Rest of South America
- 9.2.3.3.1. By Grade
- 9.2.3.3.1.1. Food Grade
- 9.2.3.3.1.2. Feed Grade
- 9.2.3.3.1.3. Industrial Grade
- 10. Middle East & Africa Rendered Poultry Products Market Analysis, Insights and Forecast, 2019-2030
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Type
- 10.2.1.1. Poultry Fat
- 10.2.1.2. Grease
- 10.2.1.3. Protein Meal
- 10.2.1.4. Others
- 10.2.2. By Grade
- 10.2.2.1. Food Grade
- 10.2.2.2. Feed Grade
- 10.2.2.3. Industrial Grade
- 10.2.3. By Country (Value)
- 10.2.3.1. South Africa
- 10.2.3.1.1. By Grade
- 10.2.3.1.1.1. Food Grade
- 10.2.3.1.1.2. Feed Grade
- 10.2.3.1.1.3. Industrial Grade
- 10.2.3.2. Turkey
- 10.2.3.2.1. By Grade
- 10.2.3.2.1.1. Food Grade
- 10.2.3.2.1.2. Feed Grade
- 10.2.3.2.1.3. Industrial Grade
- 10.2.3.3. Rest of Middle East & Africa
- 10.2.3.3.1. By Grade
- 10.2.3.3.1.1. Food Grade
- 10.2.3.3.1.2. Feed Grade
- 10.2.3.3.1.3. Industrial Grade
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Rendered Poultry Products Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2022
- 12. Company Profiles
- 12.1. Tyson Foods Inc.
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Source Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Darling Ingredients Inc.
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Source Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. NordFeed
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Source Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. West Coast Reduction Ltd.
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Source Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. JG Pears
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Source Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. The Leo Group Company
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Source Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. The Tonnies Group
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Source Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. Brazilian Renderers
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Source Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Allanasons Pvt Ltd.
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Source Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Akiolis Group
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Source Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 13. Appendix
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook