Global Active, Smart and Intelligent Packaging Market � Industry Trends and Forecast to 2028

Databmr29 Nov, 2022Business

Active, smart and intelligent packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.9% in the forecast period of 2021 to 2028 and is expected to reach USD 125,178.85 million by 2028. Growing Demand for Intelligent Packaging to Avoid Food Wastage is accelerating the use of active, smart and intelligent packaging products which drives the market. Costs associated with research and development activities are acting as a restrain for the market. Recent Innovations and New Product Launches is creating an opportunity for the market. Easy availability of Alternative products is acting as a challenge for the global Active, Smart and Intelligent Packaging market.

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