Eduspace

GLOBAL MARKET OF INTELLIGENT PACKAGING                 Intelligent packaging materials and articles were firstly introduced in the market of Japan in the mid 70s, but only in the mid 90s they raised the attention of the industry in Europe and in the USA. In this period, there was a proliferation of patents and market tests that created great expectations of commercial growth.    The market growth looks promising and the overall market value for 2017 is projected to be nearly $44.3 billion after increasing at a compound annual growth rate (CAGR) of 5.8%. In 2010, the active and intelligent packaging technology held the highest growth rate, estimated at a CAGR of 10.5% and 12.1% respectively from 2010 to 2015. Modified atmosphere technology accounted for largest share (approximately 54%) of the total market in advanced packaging technology. The global advanced packaging technology is estimated to grow ...

RADIO FREQUENCY IDENTIFICATION TAGS (RFID) RADIO FREQUENCY IDENTIFICATION TAGS (RFID)   RADIO FREQUENCY IDENTIFICATION TAGS (RFID)           The RFID tag is an advanced form of data carrier for automatic product identification and traceability. RFID technology does not fall into either sensor or indicator classification but rather represents a separate electronic information based form of intelligent packaging. RFID is one of the many automatic identification technologies a group which includes barcodes and offers a number of potential benefits to the food production, distribution and retail chain These include traceability, inventory management, labour saving costs, security and promotion of quality and safety (Mousavi, Sarhavi, Lenk, & Fawcett, 2002). Prevention of product recalls is also considered an important role of RFID technology (Kumar & Budin, 2006). An RFID tag contains a tiny transponder and antenn...