The global RFID smart packaging market is growing rapidly, with expected revenue increases reaching hundreds of millions from 2025 to 2034. The market growth is mainly driven by the fast expansion of the food and beverage, pharmaceutical, and retail industries.
RFID Smart Packaging Market Key Players
Latest Announcement by the Industry Leader
- In April 2023, Teamwork Commerce, a global retail management software provider, announced the launch of its RFID-Powered Self-Checkout solution, designed to simplify the checkout process for in-store customers. The technology allows customers to instantly scan all items and reduce checkout times, making in-store experiences hassle-free.
Recent Developments
- In October 2024, Multi-Color Corporation (MCC), a global label company, announced the acquisition of Starport Technologies, a provider of smart label solutions based in Kansas City, Missouri. The company's acquisition of Starport Technologies aims to expand its RFID capabilities and intelligent packaging solutions.
- In October 2024, Identiv, Inc., a global leader in RFID-enabled Internet of Things (IoT) solutions, announced a partnership with InPlay, a provider of wireless System-on-Chip (SoC) solutions. The collaboration will focus on delivering Bluetooth Low Energy (BLE)-enabled tags and IoT solutions by combining Identiv’s best-in-class BLE tag engineering and design expertise with InPlay’s NanoBeacon technology.
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