The paper aims to introduce the development history and current application of intelligent packaging technology in recent years, and analyze market prospect of intelligent packaging technology. Concept of intelligent packaging technology was described briefly. It was divided into types of functional material, functional structure and information according to different working principles and characteristics. Working principle and application range of each type was also illustrated. Typical application cases were listed to reflect conveniences brought by the intelligent packaging technology to society, expound the development of intelligent packaging technology and discuss the future prospect of intelligent packaging technology. The technology expanded people’s cognition to "the concept of packaging". This technology has high content of science and technology, is currently in the initial stage of development, making that humanized service and intelligent experience in the packaging industry have been improved greatly in quality. Intelligent packaging technology also needs a lot of researches to improve its efficiency and penetration, but it has a good development prospect.