Internet Of Packaging Market
PUBLISHED: 2023 ID: SMRC22615
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Internet Of Packaging Market

Internet Of Packaging Market Forecasts to 2028 - Global Analysis By Packaging Type (Boxes & Cartons, Films & Wraps, Bottles & Jars, Bags, Tubes, Mailers, Blisters, Pouches and Other Packaging Types), Technology (Barcode & QR Code, Radio Frequency Identification , Sensors & Tags, Indicators and Near Field Communications), End User and By Geography

4.5 (77 reviews)
4.5 (77 reviews)
Published: 2023 ID: SMRC22615

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $18.5 BN

Projected Year Value (2028)

US $28.2 BN

CAGR (2022 - 2028)

7.3%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Internet of Packaging Market is accounted for $18.5 billion in 2022 and is expected to reach $28.2 billion by 2028 growing at a CAGR of 7.3% during the forecast period. The Internet of packaging, also known as intelligent packaging, is a packaging approach used to track, monitor, interact with, and control product quality and safety. It is widely used to avoid potential mistakes, prevent diseases from spoiled food, and cut costs. Because of its great potential qualities and genuine output, the market has seen the fastest rise. The Internet of Packaging upsets traditional packaging and allows consumers to efficiently engage with businesses.

According to the International Federation of Robotics, the market for collaborative packaging robots is expected to reach a value of USD 12.3 billion by 2025. Intelligent robots work alongside workers and can be programmed by most factory workers to take on the most routine, tedious tasks and deliver with accuracy.



Market Dynamics:

Driver:

Growing demand for eco-friendly packaging

As customers have become increasingly concerned about the environment in recent years, sustainability has become an important market trend. Numerous programmes for plastic reduction, recycling, and sustainable packaging solutions all contribute to the increased need for environmentally friendly packaging. It allowed customers to scan with their cell phones and receive relevant information about bottle recycling and the recycling facility closest to their home. Furthermore, the growing desire for smart, interactive, eco-friendly, and user-friendly packaging solutions for a variety of end-use industries will drive demand for the internet of packaging.

Restraint:

Expensive hardware and software services

The high cost of hardware, software, and training expenditures is a key impediment to industry expansion. The cost of an internet of packaging solution is higher than the cost of traditional packaging solutions. Furthermore, the market's development, plastic is widely used in the packaging business. Customers have a tough time accepting food products containing non-digestible substances. It is also projected to have a negative impact on worldwide market growth which hinders the market growth.

Opportunity:

Inherent benefits of Internet of Packaging's

The internet of packaging protects, sustains, monitors, and ensures product safety. It reduces human error and costs while also preventing illnesses such as food poisoning by alerting consumers. Furthermore, it has the capability of determining qualities such as the package's inner atmosphere. The packaging solution also enables end-users to communicate pertinent information. They also optimise the product protection tracking process. Several elements contribute to the global market's rapid expansion. The increased need for multi-specialty wrapping to preserve nutritional and health value as well as the freshness and quality of products encourages in the market expansion.

Threat:

Non-digestible materials are less likely to be accepted.

Customers are hesitant to use online packaging services due to the lower acceptance of non-digestible ingredients present in food products separately from the packaged food on its own, as well as concerns about the risks associated with the irresponsible release of elements from intelligent devices that come into direct contact with food products. Consumers are also disturbed and angry that food quality information has been communicated. Those smart devices could be clearly deceiving which hampers the growth of the market.

Covid-19 Impact

The unexpected development of the COVID-19 epidemic damaged a variety of end-use businesses worldwide. The packaging market had a downward trend as a result of numerous issues such as supply chain disruptions, a slowdown in manufacturing activity, severe trade restrictions, and an imbalance in raw material supply. In the early phases of the pandemic, the Internet of packaging also saw a pause in routine production activities, which hindered market growth. Increased consumer awareness of product safety and quality will also lead to significant market expansion in the market

The Barcode & QR code segment is expected to be the largest during the forecast period

The Barcode & QR code segment is estimated to have a lucrative growth, due to the barcode and QR code market is exploding for sustainable packaging allow consumers to interact with their favourite brands. It dramatically boosts brand perception and reinforces trust. They are also excellent in providing product transparency, improve the overall customer engagement, gathering information and insights, reducing food waste, and adhering to regulatory requirements and compliance.

The Food & Beverages segment is expected to have the highest CAGR during the forecast period

The Food & Beverages segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the adoption of internet of packaging technologies in the food and beverage industry enables the correction of food safety violations and provides end-users with accurate product-related information. It is also less expensive and takes less time to notice an event, track food safety, and save money. The increasing consumer demand for high-quality, safe food items necessitate the internet of packaging. It reduces misunderstanding and necessitates fewer cancellations leading to enhanced market growth.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to the region's increasing demand for packaged and frozen food goods. In this region, the demand for self-heating and cooling packaged items in the food and beverage industry will provide attractive growth prospects. The region's growing preference for Internet of Packaging over traditional packaging, as well as the availability of widespread Internet connectivity, is mostly to hold responsible for revenue growth in the North American industry.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to increased need for innovative packaging solutions, and improved product traceability. The changing lifestyles, increased demand for technical packaging solutions, and improved product traceability are the primary drivers of market advancement in Asia Pacific. The rise of the Asia Pacific market is also encouraged by expanding clientele and e-commerce shipments, which enable the Internet of Packaging in the region's emerging nations, particularly China and India are driving the market.



Key players in the market

Some of the key players profiled in the Internet of Packaging Market include Tetra Pak, Wiliot, Sepio Products, ImpaX.io, Tapwow, RePack, Qtrust, Iungo, Unipac Corporation, Kezzler, Vesta Smart Packaging, CuePath Innovation designs, Rover, The Porch Pod and ColorSensing

Key Developments:

In Jan 2023, Wiliot Launched New Innovation Kit to accelerate and Scale Access to the Ambient IoT, The launch of the Wiliot Innovation Kit provide companies of all sizes and budgets a fast, intuitive and affordable way to discover and experience ambient IoT technology that unlocks solutions to problems that touch every industry and vertical.

In Oct 2022, Wiliot Partners with Identiv to Manufacture Initial Order of 25 Million Units of its IoT Pixel Tags, This agreement with Identiv represents an inflection point for Wiliot and the Ambient IoT.

In June 2022, Tetra Pak processing solutions provider, has partners with Reliance-owned Milkbasket, India’s first and largest daily micro-delivery service to help consumers recycle their used beverage cartons through Milkbasket’s app.

In Feb 2022, Tetra Pak launches the first Made in India holographic packaging with Warana Dairy. The Warana Ghee in Tetra Pak cartons will first be available in Maharashtra, with major focus on Mumbai, Marathwada and Vidarbh.

Packaging Types Covered:
• Boxes & Cartons
• Films & Wraps
• Bottles & Jars
• Bags
• Tubes
• Mailers
• Blisters
• Pouches
• Other Packaging Types

Technologies Covered:
• Barcode & QR Code
• Radio Frequency Identification
• Sensors & Tags
• Indicators
• Near Field Communications

End Users Covered:
• Healthcare
• Consumer Electronics
• Food & Beverages
• Personal Care & Cosmetics
• Homecare
• Logistics & Transport
• Sport & Retail
• Apparel & Accessories
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Internet Of Packaging Market, By Packaging Type
5.1 Introduction
5.2 Boxes & Cartons
5.3 Films & Wraps
5.4 Bottles & Jars
5.5 Bags
5.6 Tubes
5.7 Mailers
5.8 Blisters
5.9 Pouches
5.10 Other Packaging Types

6 Global Internet Of Packaging Market, By Technology
6.1 Introduction
6.2 Barcode & QR Code
6.3 Radio Frequency Identification
6.4 Sensors & Tags
6.5 Indicators
6.6 Near Field Communications

7 Global Internet Of Packaging Market, By End User
7.1 Introduction
7.2 Healthcare
7.3 Consumer Electronics
7.4 Food & Beverages
7.5 Personal Care & Cosmetics
7.6 Homecare
7.7 Logistics & Transport
7.8 Sport & Retail
7.9 Apparel & Accessories
7.10 Other End Users

8 Global Internet Of Packaging Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 Tetra Pak
10.2 Wiliot
10.3 Sepio Products
10.4 ImpaX.io
10.5 Tapwow
10.6 RePack
10.7 Qtrust
10.8 Iungo
10.9 Unipac Corporation
10.10 Kezzler
10.11 Vesta Smart Packaging
10.12 CuePath Innovation designs
10.13 Rover
10.14 The Porch Pod
10.15 ColorSensing

List of Tables
1 Global Internet Of Packaging Market Outlook, By Region (2020-2028) ($MN)
2 Global Internet Of Packaging Market Outlook, By Packaging Type (2020-2028) ($MN)
3 Global Internet Of Packaging Market Outlook, By Boxes & Cartons (2020-2028) ($MN)
4 Global Internet Of Packaging Market Outlook, By Films & Wraps (2020-2028) ($MN)
5 Global Internet Of Packaging Market Outlook, By Bottles & Jars (2020-2028) ($MN)
6 Global Internet Of Packaging Market Outlook, By Bags (2020-2028) ($MN)
7 Global Internet Of Packaging Market Outlook, By Tubes (2020-2028) ($MN)
8 Global Internet Of Packaging Market Outlook, By Mailers (2020-2028) ($MN)
9 Global Internet Of Packaging Market Outlook, By Blisters (2020-2028) ($MN)
10 Global Internet Of Packaging Market Outlook, By Pouches (2020-2028) ($MN)
11 Global Internet Of Packaging Market Outlook, By Other Packaging Types (2020-2028) ($MN)
12 Global Internet Of Packaging Market Outlook, By Technology (2020-2028) ($MN)
13 Global Internet Of Packaging Market Outlook, By Barcode & QR Code (2020-2028) ($MN)
14 Global Internet Of Packaging Market Outlook, By Radio Frequency Identification (2020-2028) ($MN)
15 Global Internet Of Packaging Market Outlook, By Sensors & Tags (2020-2028) ($MN)
16 Global Internet Of Packaging Market Outlook, By Indicators (2020-2028) ($MN)
17 Global Internet Of Packaging Market Outlook, By Near Field Communications (2020-2028) ($MN)
18 Global Internet Of Packaging Market Outlook, By End User (2020-2028) ($MN)
19 Global Internet Of Packaging Market Outlook, By Healthcare (2020-2028) ($MN)
20 Global Internet Of Packaging Market Outlook, By Consumer Electronics (2020-2028) ($MN)
21 Global Internet Of Packaging Market Outlook, By Food & Beverages (2020-2028) ($MN)
22 Global Internet Of Packaging Market Outlook, By Personal Care & Cosmetics (2020-2028) ($MN)
23 Global Internet Of Packaging Market Outlook, By Homecare (2020-2028) ($MN)
24 Global Internet Of Packaging Market Outlook, By Logistics & Transport (2020-2028) ($MN)
25 Global Internet Of Packaging Market Outlook, By Sport & Retail (2020-2028) ($MN)
26 Global Internet Of Packaging Market Outlook, By Apparel & Accessories (2020-2028) ($MN)
27 Global Internet Of Packaging Market Outlook, By Other End Users (2020-2028) ($MN)
28 North America Internet Of Packaging Market Outlook, By Country (2020-2028) ($MN)
29 North America Internet Of Packaging Market Outlook, By Packaging Type (2020-2028) ($MN)
30 North America Internet Of Packaging Market Outlook, By Boxes & Cartons (2020-2028) ($MN)
31 North America Internet Of Packaging Market Outlook, By Films & Wraps (2020-2028) ($MN)
32 North America Internet Of Packaging Market Outlook, By Bottles & Jars (2020-2028) ($MN)
33 North America Internet Of Packaging Market Outlook, By Bags (2020-2028) ($MN)
34 North America Internet Of Packaging Market Outlook, By Tubes (2020-2028) ($MN)
35 North America Internet Of Packaging Market Outlook, By Mailers (2020-2028) ($MN)
36 North America Internet Of Packaging Market Outlook, By Blisters (2020-2028) ($MN)
37 North America Internet Of Packaging Market Outlook, By Pouches (2020-2028) ($MN)
38 North America Internet Of Packaging Market Outlook, By Other Packaging Types (2020-2028) ($MN)
39 North America Internet Of Packaging Market Outlook, By Technology (2020-2028) ($MN)
40 North America Internet Of Packaging Market Outlook, By Barcode & QR Code (2020-2028) ($MN)
41 North America Internet Of Packaging Market Outlook, By Radio Frequency Identification (2020-2028) ($MN)
42 North America Internet Of Packaging Market Outlook, By Sensors & Tags (2020-2028) ($MN)
43 North America Internet Of Packaging Market Outlook, By Indicators (2020-2028) ($MN)
44 North America Internet Of Packaging Market Outlook, By Near Field Communications (2020-2028) ($MN)
45 North America Internet Of Packaging Market Outlook, By End User (2020-2028) ($MN)
46 North America Internet Of Packaging Market Outlook, By Healthcare (2020-2028) ($MN)
47 North America Internet Of Packaging Market Outlook, By Consumer Electronics (2020-2028) ($MN)
48 North America Internet Of Packaging Market Outlook, By Food & Beverages (2020-2028) ($MN)
49 North America Internet Of Packaging Market Outlook, By Personal Care & Cosmetics (2020-2028) ($MN)
50 North America Internet Of Packaging Market Outlook, By Homecare (2020-2028) ($MN)
51 North America Internet Of Packaging Market Outlook, By Logistics & Transport (2020-2028) ($MN)
52 North America Internet Of Packaging Market Outlook, By Sport & Retail (2020-2028) ($MN)
53 North America Internet Of Packaging Market Outlook, By Apparel & Accessories (2020-2028) ($MN)
54 North America Internet Of Packaging Market Outlook, By Country (2020-2028) ($MN)
55 Europe Internet Of Packaging Market Outlook, By Country (2020-2028) ($MN)
56 Europe Internet Of Packaging Market Outlook, By Packaging Type (2020-2028) ($MN)
57 Europe Internet Of Packaging Market Outlook, By Boxes & Cartons (2020-2028) ($MN)
58 Europe Internet Of Packaging Market Outlook, By Films & Wraps (2020-2028) ($MN)
59 Europe Internet Of Packaging Market Outlook, By Bottles & Jars (2020-2028) ($MN)
60 Europe Internet Of Packaging Market Outlook, By Bags (2020-2028) ($MN)
61 Europe Internet Of Packaging Market Outlook, By Tubes (2020-2028) ($MN)
62 Europe Internet Of Packaging Market Outlook, By Mailers (2020-2028) ($MN)
63 Europe Internet Of Packaging Market Outlook, By Blisters (2020-2028) ($MN)
64 Europe Internet Of Packaging Market Outlook, By Pouches (2020-2028) ($MN)
65 Europe Internet Of Packaging Market Outlook, By Other Packaging Types (2020-2028) ($MN)
66 Europe Internet Of Packaging Market Outlook, By Technology (2020-2028) ($MN)
67 Europe Internet Of Packaging Market Outlook, By Barcode & QR Code (2020-2028) ($MN)
68 Europe Internet Of Packaging Market Outlook, By Radio Frequency Identification (2020-2028) ($MN)
69 Europe Internet Of Packaging Market Outlook, By Sensors & Tags (2020-2028) ($MN)
70 Europe Internet Of Packaging Market Outlook, By Indicators (2020-2028) ($MN)
71 Europe Internet Of Packaging Market Outlook, By Near Field Communications (2020-2028) ($MN)
72 Europe Internet Of Packaging Market Outlook, By End User (2020-2028) ($MN)
73 Europe Internet Of Packaging Market Outlook, By Healthcare (2020-2028) ($MN)
74 Europe Internet Of Packaging Market Outlook, By Consumer Electronics (2020-2028) ($MN)
75 Europe Internet Of Packaging Market Outlook, By Food & Beverages (2020-2028) ($MN)
76 Europe Internet Of Packaging Market Outlook, By Personal Care & Cosmetics (2020-2028) ($MN)
77 Europe Internet Of Packaging Market Outlook, By Homecare (2020-2028) ($MN)
78 Europe Internet Of Packaging Market Outlook, By Logistics & Transport (2020-2028) ($MN)
79 Europe Internet Of Packaging Market Outlook, By Sport & Retail (2020-2028) ($MN)
80 Europe Internet Of Packaging Market Outlook, By Apparel & Accessories (2020-2028) ($MN)
81 Europe Internet Of Packaging Market Outlook, By Other End Users (2020-2028) ($MN)
82 Asia Pacific Internet Of Packaging Market Outlook, By Country (2020-2028) ($MN)
83 Asia Pacific Internet Of Packaging Market Outlook, By Packaging Type (2020-2028) ($MN)
84 Asia Pacific Internet Of Packaging Market Outlook, By Boxes & Cartons (2020-2028) ($MN)
85 Asia Pacific Internet Of Packaging Market Outlook, By Films & Wraps (2020-2028) ($MN)
86 Asia Pacific Internet Of Packaging Market Outlook, By Bottles & Jars (2020-2028) ($MN)
87 Asia Pacific Internet Of Packaging Market Outlook, By Bags (2020-2028) ($MN)
88 Asia Pacific Internet Of Packaging Market Outlook, By Tubes (2020-2028) ($MN)
89 Asia Pacific Internet Of Packaging Market Outlook, By Mailers (2020-2028) ($MN)
90 Asia Pacific Internet Of Packaging Market Outlook, By Blisters (2020-2028) ($MN)
91 Asia Pacific Internet Of Packaging Market Outlook, By Pouches (2020-2028) ($MN)
92 Asia Pacific Internet Of Packaging Market Outlook, By Other Packaging Types (2020-2028) ($MN)
93 Asia Pacific Internet Of Packaging Market Outlook, By Technology (2020-2028) ($MN)
94 Asia Pacific Internet Of Packaging Market Outlook, By Barcode & QR Code (2020-2028) ($MN)
95 Asia Pacific Internet Of Packaging Market Outlook, By Radio Frequency Identification (2020-2028) ($MN)
96 Asia Pacific Internet Of Packaging Market Outlook, By Sensors & Tags (2020-2028) ($MN)
97 Asia Pacific Internet Of Packaging Market Outlook, By Indicators (2020-2028) ($MN)
98 Asia Pacific Internet Of Packaging Market Outlook, By Near Field Communications (2020-2028) ($MN)
99 Asia Pacific Internet Of Packaging Market Outlook, By End User (2020-2028) ($MN)
100 Asia Pacific Internet Of Packaging Market Outlook, By Healthcare (2020-2028) ($MN)
101 Asia Pacific Internet Of Packaging Market Outlook, By Consumer Electronics (2020-2028) ($MN)
102 Asia Pacific Internet Of Packaging Market Outlook, By Food & Beverages (2020-2028) ($MN)
103 Asia Pacific Internet Of Packaging Market Outlook, By Personal Care & Cosmetics (2020-2028) ($MN)
104 Asia Pacific Internet Of Packaging Market Outlook, By Homecare (2020-2028) ($MN)
105 Asia Pacific Internet Of Packaging Market Outlook, By Logistics & Transport (2020-2028) ($MN)
106 Asia Pacific Internet Of Packaging Market Outlook, By Sport & Retail (2020-2028) ($MN)
107 Asia Pacific Internet Of Packaging Market Outlook, By Apparel & Accessories (2020-2028) ($MN)
108 Asia Pacific Internet Of Packaging Market Outlook, By Other End Users (2020-2028) ($MN)
109 South America Internet Of Packaging Market Outlook, By Country (2020-2028) ($MN)
110 South America Internet Of Packaging Market Outlook, By Packaging Type (2020-2028) ($MN)
111 South America Internet Of Packaging Market Outlook, By Boxes & Cartons (2020-2028) ($MN)
112 South America Internet Of Packaging Market Outlook, By Films & Wraps (2020-2028) ($MN)
113 South America Internet Of Packaging Market Outlook, By Bottles & Jars (2020-2028) ($MN)
114 South America Internet Of Packaging Market Outlook, By Bags (2020-2028) ($MN)
115 South America Internet Of Packaging Market Outlook, By Tubes (2020-2028) ($MN)
116 South America Internet Of Packaging Market Outlook, By Mailers (2020-2028) ($MN)
117 South America Internet Of Packaging Market Outlook, By Blisters (2020-2028) ($MN)
118 South America Internet Of Packaging Market Outlook, By Pouches (2020-2028) ($MN)
119 South America Internet Of Packaging Market Outlook, By Other Packaging Types (2020-2028) ($MN)
120 South America Internet Of Packaging Market Outlook, By Technology (2020-2028) ($MN)
121 South America Internet Of Packaging Market Outlook, By Barcode & QR Code (2020-2028) ($MN)
122 South America Internet Of Packaging Market Outlook, By Radio Frequency Identification (2020-2028) ($MN)
123 South America Internet Of Packaging Market Outlook, By Sensors & Tags (2020-2028) ($MN)
124 South America Internet Of Packaging Market Outlook, By Indicators (2020-2028) ($MN)
125 South America Internet Of Packaging Market Outlook, By Near Field Communications (2020-2028) ($MN)
126 South America Internet Of Packaging Market Outlook, By End User (2020-2028) ($MN)
127 South America Internet Of Packaging Market Outlook, By Healthcare (2020-2028) ($MN)
128 South America Internet Of Packaging Market Outlook, By Consumer Electronics (2020-2028) ($MN)
129 South America Internet Of Packaging Market Outlook, By Food & Beverages (2020-2028) ($MN)
130 South America Internet Of Packaging Market Outlook, By Personal Care & Cosmetics (2020-2028) ($MN)
131 South America Internet Of Packaging Market Outlook, By Homecare (2020-2028) ($MN)
132 South America Internet Of Packaging Market Outlook, By Logistics & Transport (2020-2028) ($MN)
133 South America Internet Of Packaging Market Outlook, By Sport & Retail (2020-2028) ($MN)
134 South America Internet Of Packaging Market Outlook, By Apparel & Accessories (2020-2028) ($MN)
135 South America Internet Of Packaging Market Outlook, By Other End Users (2020-2028) ($MN)
136 Middle East & Africa Internet Of Packaging Market Outlook, By Country (2020-2028) ($MN)
137 Middle East & Africa Internet Of Packaging Market Outlook, By Packaging Type (2020-2028) ($MN)
138 Middle East & Africa Internet Of Packaging Market Outlook, By Boxes & Cartons (2020-2028) ($MN)
139 Middle East & Africa Internet Of Packaging Market Outlook, By Films & Wraps (2020-2028) ($MN)
140 Middle East & Africa Internet Of Packaging Market Outlook, By Bottles & Jars (2020-2028) ($MN)
141 Middle East & Africa Internet Of Packaging Market Outlook, By Bags (2020-2028) ($MN)
142 Middle East & Africa Internet Of Packaging Market Outlook, By Tubes (2020-2028) ($MN)
143 Middle East & Africa Internet Of Packaging Market Outlook, By Mailers (2020-2028) ($MN)
144 Middle East & Africa Internet Of Packaging Market Outlook, By Blisters (2020-2028) ($MN)
145 Middle East & Africa Internet Of Packaging Market Outlook, By Pouches (2020-2028) ($MN)
146 Middle East & Africa Internet Of Packaging Market Outlook, By Other Packaging Types (2020-2028) ($MN)
147 Middle East & Africa Internet Of Packaging Market Outlook, By Technology (2020-2028) ($MN)
148 Middle East & Africa Internet Of Packaging Market Outlook, By Barcode & QR Code (2020-2028) ($MN)
149 Middle East & Africa Internet Of Packaging Market Outlook, By Radio Frequency Identification (2020-2028) ($MN)
150 Middle East & Africa Internet Of Packaging Market Outlook, By Sensors & Tags (2020-2028) ($MN)
151 Middle East & Africa Internet Of Packaging Market Outlook, By Indicators (2020-2028) ($MN)
152 Middle East & Africa Internet Of Packaging Market Outlook, By Near Field Communications (2020-2028) ($MN)
153 Middle East & Africa Internet Of Packaging Market Outlook, By End User (2020-2028) ($MN)
154 Middle East & Africa Internet Of Packaging Market Outlook, By Healthcare (2020-2028) ($MN)
155 Middle East & Africa Internet Of Packaging Market Outlook, By Consumer Electronics (2020-2028) ($MN)
156 Middle East & Africa Internet Of Packaging Market Outlook, By Food & Beverages (2020-2028) ($MN)
157 Middle East & Africa Internet Of Packaging Market Outlook, By Personal Care & Cosmetics (2020-2028) ($MN)
158 Middle East & Africa Internet Of Packaging Market Outlook, By Homecare (2020-2028) ($MN)
159 Middle East & Africa Internet Of Packaging Market Outlook, By Logistics & Transport (2020-2028) ($MN)
160 Middle East & Africa Internet Of Packaging Market Outlook, By Sport & Retail (2020-2028) ($MN)
161 Middle East & Africa Internet Of Packaging Market Outlook, By Apparel & Accessories (2020-2028) ($MN)
162 Middle East & Africa Internet Of Packaging Market Outlook, By Other End Users (2020-2028) ($MN)

 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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