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Nano-enabled Packaging Market Trends

  • Report ID: GMI10345
  • Published Date: Jul 2024
  • Report Format: PDF

Nano-enabled Packaging Market Trends

Using biodegradable materials and increased recycling potential, packaging made possible by nanotechnology can contribute to a global decrease in carbon footprints and plastic waste. The manufacturing of ecologically friendly packaging that reduces negative effects on the environment without reducing product quality is made possible by technological advancements in nanotechnology, which are opening avenues for ethical businesses and consumers alike.
 

The market for nano-enabled packaging is seeing a sharp increase in active packaging technologies. Because active packaging may interact with contents to prolong shelf life and preserve product quality, it performs better than typical passive packing. For example, packaging infused with nanoparticles can absorb excess moisture and gasses and release antimicrobial agents. In the food and pharmaceutical industries, where keeping freshness and preventing rotting are crucial, this dynamic packaging approach is gaining popularity. Because of its greater utility and added value, active packaging solutions are anticipated to be adopted by manufacturers and consumers.
 

Another noteworthy development in packaging technology is the incorporation of Internet of Things (IoT) technologies. Product tracking and supply chain management can be improved with real-time data gathering and monitoring offered by smart packaging systems that include IoT capabilities. Enhancing transparency and trust, this technology may provide customers with comprehensive information on the state of the food, including freshness indicators and temperature histories. IoT and nanotechnology together are going to change the packaging business by providing previously unheard-of levels of control and information, just as the need for intelligent and connected packaging continues to rise.
 

Finally, the market for nano-enabled packaging is seeing an increasing trend toward customized packaging options. Packaging can now be customized to fit specific needs, such as targeted antibacterial effects or specialized barrier qualities for distinct products, thanks to advancements in nanotechnology. This degree of customization can assist producers in better packaging for a range of products, enhancing shelf life and product protection. Offering personalized packaging options becomes a crucial competitive advantage as customers look for items that more and more meet their unique needs and preferences. This promotes innovation and market expansion.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Global industry size for nano-enabled packaging was valued at USD 48.58 billion in 2023 and is anticipated to register over 11% CAGR between 2024 and 2032, driven by the rapid growth of e-commerce and the growing demand for efficient and environmentally friendly packaging solutions.

The food & beverages segment in the nano-enabled packaging market is predicted to reach USD 25 billion by 2032, driven by improved food safety, freshness preservation, and regulatory compliance.

North America held 35% revenue share in 2023 due to its focus on advanced manufacturing and technical innovation.

Amcor Plc, BASF SE, Bemis Company, Inc., Sonoco Products Co., Danaflex Nano LLC, Chevron Phillips Chemical Co. LCC, and Tetra Pak International S.A.

Nano-enabled Packaging Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 19
  • Tables & Figures: 259
  • Countries covered: 21
  • Pages: 210
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