Nano-enabled Packaging Market to be Dominated by Food & Beverage Sector through 2028
Increasing demand from the food & beverage sector is
expected to drive the global Nano-enabled packaging market during the forecast
period, 2024-2028.
According to TechSci Research
report, “Nano-enabled Packaging Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, 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
Global Nano-enabled Packaging market.
For instance, in 2022, Preco's
new AcuBreathe Nanotechnology for flexible Modified Atmosphere Packaging (MAP),
ideal for salad pouches, vegetables, and some medical applications 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, lack of
knowledge regarding the advantages of nano-enabled packaging can further slowdown
market growth.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "Global
Nano-enabled Packaging Market"
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. 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, pharmaceutical, personal care,
and others. 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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