According to the TechSci Research report, “Nano-enabled Packaging Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, the global Nano-enabled Packaging market is anticipated to grow at an impressive rate during the forecast period, 2024-2028. A significant factor fueling the growth of the global Nano-enabled Packaging market is the increasing use of nano-enabled packaging in the food & beverage sector.
Introducing nanotechnology in the packing by the food & beverage sector improves the antibacterial, mechanical, and barrier properties of food packaging as well as the color, flavor, taste, texture, and consistency of food.
In addition to alerting customers to the product’s safety, nanotechnology-enabled packaging solutions can occasionally release preservatives to increase the shelf life of the food inside the box which will further fuel the growth of the Global Nano-enabled Packaging market.
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For instance, in 2022, Preco’s new AcuBreathe Nanotechnology for flexible Modified Atmosphere Packaging (MAP), ideal for salad pouches, vegetables, and some medical applications, was introduced at PACK EXPO International.
Furthermore, the market is being further stimulated by the extensive use of Nano-enabled Packaging in the personal care & cosmetic, and pharmaceutical sectors.
However, the high cost of packaging can slow down market growth. Moreover, a lack of knowledge regarding the advantages of nano-enabled packaging can further slow market growth.
The Global Nano-enabled Packaging market is segmented based on sales channel, technology, application, and region.
Based on sales channel, the market is further segmented into offline and online. Online will experience the highest market share during the forecast period, 2024-2028 as they provide convenience as well as multiple options to consumers.
Based on technology, the market is segmented into active packaging, intelligent and smart packaging, and others. The active packaging segment is expected to experience the highest market share during the forecast period, 2024-2028. As it uses nanoparticles in order to provide protection from outside influences and it has high demands from the food and beverages as well as the pharmaceutical sector.
Based on application, the market is further segmented into food and beverages, pharmaceuticals, personal care, and others. The food & beverages segment is expected to experience the highest market share during the forecast period, 2024-2028, owing to food safety regulations introduced by governments across the world to maintain the safety of food.
Major companies operating in the Global Nano-enabled Packaging Market are:
- Danaflex Nano LLC.
- Amcor plc
- Sonoco Products Co.
- BASF SE
- Avery Dennison Corp.
- Tetra Pak International S.A.
- DuPont Teijin Films
- Sealed Air Corporation
- Sidel Group
- Innovia Films Ltd.
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“Asia Pacific region is expected to grow at the highest rate during the forecast period. This is owing to increased raw material availability, accelerated industrialization, and expanding industries in food processing, pharmaceuticals, and personal care. Furthermore, in North America, favorable legislation and regulations have been put in place for the application of nanotechnology in the pharmaceutical, food & beverage, and export industries, which is driving the market demand,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Nano-enabled Packaging Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Sales Channel (Offline, Online), By Technology (Active Packaging, Intelligent and Smart Packaging, Others), By Application (Food and Beverages, Pharmaceutical, Personal Care, Others), By Region and Competition, has evaluated the future growth potential of the global Nano-enabled Packaging market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Nano-enabled Packaging market.”
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Table of Content-Nano-enabled Packaging Market
- Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
- Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
- Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
- Voice of Customer
- Global Nano-enabled Packaging Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Sales Channel (Offline, Online)
5.2.2. By Technology (Active Packaging, Intelligent and Smart Packaging, Others)
5.2.3. By Application (Food and Beverages, Pharmaceutical, Personal Care, Others)
5.2.4. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
5.2.5. By Company (2022)
5.3. Market Map
5.3.1. By Sales Channel
5.3.2. By Technology
5.3.3. By Application
5.3.4. By Region
- North America Nano-enabled Packaging Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Sales Channel
6.2.2. By Technology
6.2.3. By Application
6.2.4. By Country
6.3. Pricing Analysis