Report ID: SQMIG15Q2005
Report ID:
SQMIG15Q2005 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
64 |
Figures:
77
Smart Packaging Market Drivers
Rise in E-Commerce is Bolstering Market Growth
Smart Packaging Market Restraints
Transportation and Logistics Uncertainty to Hinder Market
Packaging materials and products need to be transported and stored before reaching the end-users. The costs of transportation and logistics can significantly impact the profit margins of packaging companies, especially those operating on a global scale.
The high implementation costs associated with integrating smart technologies into packaging solutions. The initial investment required for incorporating RFID tags, sensors, and other intelligent features can be a barrier, especially for smaller businesses. Additionally, technological complexities pose a hurdle, as the seamless integration of smart packaging demands advanced expertise and resources.
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Report ID: SQMIG15Q2005