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    Features

    The Opportunities for Smart Packaging

    Flexible and printed electronics are an ideal fit for smart packaging and labels.

    The Opportunities for Smart Packaging
    Kalevala Gin uses an NFC-enabled tag. (Photo courtesy of Northern Lights Spirits Ltd.)
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    David Savastano, Editor03.23.17
    Smart packaging is a rapidly growing market, and flexible and printed electronics are helping to drive that growth. Whether it is to draw the attention of consumers or provide authentication or additional information on the product, smart packaging brings many benefits.

    It is also a fast growing market. In its report, “Smart Packaging Market Analysis By Product (Active Packaging, Intelligent Packaging) By Application (Food & Beverage, Healthcare, Personal Care, Automotive) And Segment Forecasts To 2024,” Grand View Research reports that the worldwide smart packaging revenue was $10.8 billion in 2015, and estimates that it may reach $26.7 billion by 2024. Grand View Research sees NFC as the fastest growing segment within intelligent packaging, anticipating a CAGR of more than 12% from 2016 to 2024.

    What is Smart Packaging?

    Packaging is designed for a variety of functions, from catching the consumer’s eye to protecting the goods inside. James Lee, director, technology and innovation at Jones Pack

    Continue reading this story and get 24/7 access to Printed Electronics Now for FREE


    Stay ahead of the fast growing field of flexible and printed electronics, an emerging industry that promises to revolutionize the methods in which electronic components and systems are manufactured. Flexible and printed electronics covers smart packaging and labels, sensors and wearables, solar cells, displays and lighting, batteries, medical devices, military equipment, and much more.

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