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Neurodesign Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Neurodesign Packaging Market is boosted by advancements in cognitive neurosciences to design more attractive products and packaging; emergence of packaging designing trends also drives market for neurodesign packaging.

Neurodesign Packaging Market is boosted by advancements in cognitive neurosciences to design more attractive products and packaging; emergence of packaging designing trends also drives market for neurodesign packaging.

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<strong>Neurodesign</strong> <strong>Packaging</strong> <strong>Market</strong> - <strong>Global</strong> <strong>Industry</strong><br />

<strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>, <strong>Trends</strong> <strong>and</strong><br />

<strong>Forecast</strong> <strong>2016</strong> - <strong>2024</strong><br />

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REPORT DESCRIPTION<br />

<strong>Neurodesign</strong> is an eye-tracking technology, which is mainly developed by the neuroscientists to make attractive<br />

designs for product packaging, resulting in purchase of the products by the consumers. <strong>Neurodesign</strong> is based on the<br />

study of cognitive neuroscience (the scientific study of the brain that underlies cognition), which is used to better<br />

underst<strong>and</strong> how the mind affects the purchase behavior of the consumers. <strong>Neurodesign</strong> is the creative process to<br />

comprehend important visual cues, by the use of neurodesign tools (color, odor, shape, sound <strong>and</strong>, tactile feel) that<br />

trigger consumer's brains coupled with an emotional appeal towards neurodesign packaged products. Food <strong>and</strong><br />

beverage segment is anticipated to dominate among end-use industry. This is attributed to increasing dem<strong>and</strong> from<br />

manufacturers. The global neurodesign packaging market is expected to register significant CAGR during the<br />

forecast period.<br />

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<strong>Global</strong> <strong>Neurodesign</strong> <strong>Packaging</strong> <strong>Market</strong>: Drivers, Restraints <strong>and</strong> <strong>Trends</strong><br />

Advancements in cognitive neurosciences to design more attractive products <strong>and</strong> packaging is a key driver for the<br />

global neurodesign packaging market. Furthermore, emergence of packaging designing trends such as ASAP (As<br />

Simple As Possible), geometry 101, old-fashioned (made by h<strong>and</strong> <strong>and</strong> detail-oriented packaging) <strong>and</strong> shelf life or<br />

product longevity packaging, are boosting the dem<strong>and</strong> for neurodesign packaging. In addition, packaging technology<br />

advancements, increase in implementation of neuroeconomics <strong>and</strong> neuromarketing tools coupled with increasing<br />

investments in R&D to improve packaging design by the end users is expected to boost the dem<strong>and</strong> for neurodesign<br />

packaging.<br />

However, higher costs are associated with the neurodesign technology is restraining the growth of the global<br />

neurodesign packaging market.<br />

Key trends observed in the global neurodesign packaging market are, neuropackaging designers are designing clear<br />

visible packaging products majorly for food <strong>and</strong> beverage industry, <strong>and</strong> custom digital printing, which enable<br />

bottlers <strong>and</strong> marketers to team up <strong>and</strong> create personalized messages <strong>and</strong> campaigns through packaging.


<strong>Global</strong> <strong>Neurodesign</strong> <strong>Packaging</strong> <strong>Market</strong>: Segmentation<br />

The global neurodesign packaging market is segmented on the basis of packaging design type <strong>and</strong> end user<br />

industry.<br />

On the basis of packaging design type, the global neurodesign packaging market is segmented into:<br />

• 2D (Two-dimensional) Design<br />

• 3D (Three-dimensional) Design<br />

On the basis of end use industry, the global neurodesign packaging market is segmented into:<br />

• Food <strong>and</strong> Beverage <strong>Industry</strong><br />

• Pharmaceutical <strong>Industry</strong><br />

• <strong>Packaging</strong> <strong>Industry</strong><br />

• Automotive <strong>Industry</strong><br />

• Electronics <strong>Industry</strong><br />

<strong>Global</strong> <strong>Neurodesign</strong> <strong>Packaging</strong> <strong>Market</strong>: Regional Outlook<br />

Based on the geographies, the global neurodesign packaging market is segmented into five key regions, namely<br />

North America, Latin America, Europe, Asia Pacific, <strong>and</strong> Middle East & Africa. North America is expected to hold the<br />

maximum market share in terms of value in the global neurodesign packaging market, this is owing to presence of<br />

major number of key market players such as Package Insight, LLC, <strong>and</strong> Applied Iconology coupled with shifts in<br />

consumer spending in the region. Owing to increasing automotive industries in Europe, is anticipated to show<br />

significant growth for the neurodesign packaging market. Asia pacific is expected to contribute favorably in the<br />

global neurodesign packaging market, this is owing to fastest-growing fastest-growing food <strong>and</strong> beverage companies<br />

in the India, China <strong>and</strong> Japan countries. Owing to gradually implementation of the neurodesign packaging technology<br />

in Latin America, is anticipated to register decent CAGR over the forecast period. MEA is expected to exhibit modest<br />

growth in the global neurodesign packaging market during the forecast period.<br />

<strong>Global</strong> <strong>Neurodesign</strong> <strong>Packaging</strong> <strong>Market</strong>: Key Players<br />

Some of the major players identified in the global neurodesign packaging market are<br />

• The Neuromarketing Labs<br />

• Package Insight, LLC


• Applied Iconology<br />

• Esko-Graphics bvba<br />

• Agência Neuro Design<br />

• Perspective Br<strong>and</strong>ing<br />

• SWEDBRAND<br />

• Elmwood<br />

• WePackItAll<br />

• CGS Publishing Technologies International LLC<br />

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