The facets of Smart Packaging and what it Entails

In this era, smart packaging is not just a concept but is actively in practised by most of the manufacturers as many brands are getting benefitted in lot more ways through the technological advancements in the packaging industry. The smart packaging offers:

• Customer engagement,

• Builds brand loyalty,

• Monitors the product quality, and

• Provides adequate product information.

As time flies, IoT has become prevalent in the industry as IIoT (Industrial Internet of Things). To cope up with the rising trend, smart packaging machines have made its place in the manufacturing space standards.

As per the Packaging Digest, smart packaging is growing and is expected to reach a volume of over $48 Billion by 2024.

Moreover, approximately 40 per cent of the food ends up in the landfills, and with the help of smart packaging, a significant percentage of it can be reduced.

When we talk about the smart packaging, it includes external packaging to the internal packaging machines, which can sense the temperature as well as do a quality check.

• Smart packaging includes everything from external packaging designed to engage the consumer to internal packaging components that can sense temperature and manage quality control.

• Smart packaging includes tons of components; QR codes and Augmented Reality (AR) is just a peep to the futuristic concept that is popping up in the industrial sector.

• Not just the common QR codes on the product labels, the inductive intelligent packaging the smart sensors can process the data along in real-time making the various tasks such as purchase, logistics, inventory a matter just a few taps.

As per the survey by Allied Market Research, the smart sensor market is projected to reach $60 by 2022.

The smart sensors, help in keeping the products safe during the transport also, by regularly monitoring the moisture, temperature and oxygen.

The smart packaging has raised as a wave of future that is following the footsteps of a connected society- capitalizing off the new technologies in the packaging space.