Global Demand for Electronic Smart Packaging Devices Estimated at $1.7B in 2022

Global demand for electronic smart packaging devices is currently at a tipping point and will grow rapidly from US$0.03 bln in 2012 to US$1.7 bln in 2022, as per IDTechEx's new report. The electronic packaging (e-packaging) market will remain primarily in consumer packaged goods (CPG) reaching 35 billion units that have electronic functionality in 2022. E-packaging addresses the need for brands to reconnect with the customer or face oblivion from copying. That even applies to retailer own brands. It addresses the ageing population's consequent need for disposable medical testers and drug delivery devices. Electronic packaging addresses the fact that