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Amcor Plc and BASF SE held a significant share of over 10% in the nano-enabled packaging industry. Amcor Plc holds a significant market share in the nano-enabled packaging industry due to its robust worldwide reach and innovative packaging leadership. Amcor regularly introduces cutting-edge packaging solutions based on nanotechnology due of its large R&D expenditure. Their commitment to sustainability and their capacity to cater to a wide range of customer needs across several industries, such as food, drinks, healthcare, and personal care, improve their market position. Furthermore, Amcor's strategic partnerships and acquisitions have increased its technological prowess and market penetration, enabling it to provide exceptional, cutting-edge packaging solutions all over the world.
Due to its expertise in advanced chemicals and materials, BASF SE leads the market for packaging made possible by nanotechnology. Using its extensive knowledge of nanotechnology, BASF, one of the leading chemical makers in the world, develops innovative packaging materials with exceptional performance, such as enhanced barrier properties and antibacterial effects. Because BASF has a great emphasis on sustainability, it can design sustainable packaging solutions that both meet environmental criteria and satisfy consumer demand for environmental products. BASF may assume a prominent role in the market by means of strategic alliances with package producers and a robust research and development framework.
Major players operating in the nano-enabled packaging industry are: