Albany, NY -- (SBWIRE) -- 07/09/2019 -- Leading a fast-paced lifestyle coupled with convenient usage of various skin care products, for instance, easy-squeeze tubes for moisturizers and shaving cream has led to the increased demand for active, smart and intelligent packaging. Active, smart and intelligent packaging market for cosmetics and personal care is estimated to clock over seven percent CAGR during the forecast period 2019-2027. The aforementioned insights have been compiled from the report titled, "Active Smart and Intelligent Packaging Market for Cosmetics and Personal Care – Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2017" that is added in recent days to the vast repository of Market Research Hub (MRH).
Advancing Internet of Things (IoT) technology in the packaging sector, Europe and North America are predicted to be the prominent regions for active, smart and intelligent packaging for cosmetics and personal care. Availability of cost-efficient NFC & RFID tags & labels in the US market is assisting retailers present in the region to prevent stealing & counterfeiting in cosmetics and personal care products. Anti-theft tags with low & high frequencies are predicted to be famous products for organized consumer goods & apparel retail stores. This prevention & protection of products is further boosting the demand for active, smart and intelligent market for cosmetics and personal care market.
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Active, Smart and Intelligent Packaging Market for Cosmetics and Personal Care: Scope of the Report
The active smart and intelligent packaging market report offers a complete study of the market for the period between 2019 and 2027. All significant technologies & trends that remarkably impact active smart and intelligent packaging market's growth have been examined in the research report. A segmental analysis on the active smart and intelligent packaging market has been provided to give readers an overall view of the past as well as future growth opportunities of the active smart and intelligent packaging market.
A comprehensive view on growth of the active smart and intelligent packaging market, related to revenue & volume has been provided across various regions that includes Middle East & Africa, Asia-Pacific, North America, Europe, and South America. Major factors impacting the market at the regional as well as global level have also been provided in the active smart and intelligent packaging market report. A country-level predictions have also been provided for all the regions studied in this research report.
This study also examines competitive landscape of the active smart and intelligent packaging market, wherein major players supporting growth of the market have been recognized and profiled. Profiling on the market players includes a SWOT analysis, along with examination of their key financials, company portfolio and recent developments.
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Active, Smart and Intelligent Packaging Market for Cosmetics and Personal Care: Research Methodology
This report is compiled by following a comprehensive and robust research process that includes secondary and primary researches. Primary research comprises of detailed communications through telephonic, face-to-face interviews, and email with prominent industry players & opinion leaders.
Secondary research sources include external & internal regulatory databases, financial reports, investor presentations, proprietary databases, and national government documents. Additionally, data & facts collected through these researches are verified by in-house expert panel, to provide readers with legitimate information on active smart and intelligent packaging market.