Future of Smart and Connected Packaging Market: Innovations & Growth 2031
Introduction The global smart and connected packaging market is rapidly growing, fueled by technological advancements, increased consumer demand for innovative packaging solutions, and a strong focus on sustainability. Smart packaging integrates digital technologies like sensors, RFID (Radio-Frequency Identification), NFC (Near Field Communication), and QR codes, allowing for real-time tracking, product verification, and enhanced consumer interactions. With an estimated market value of USD 45,720 million in 2023, the market is expected to expand significantly, reaching around USD 64,890 million by 2031, growing at a compound annual growth rate (CAGR) of 5.13%. For a Sample Report PDF, including tables and graphs, visit: Request Sample Market Dynamics Key Drivers Technological Innovations : The incorporation of IoT, AI-driven analytics, and cloud computing into packaging solutions is revolutionizing the industry by enabling real-time monitoring and process automation. Rising Co...