Nano-enabled Packaging Market Size

Report ID: GMI10345
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Published Date: July 2024
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Report Format: PDF

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Nano-enabled Packaging Market Size

Nano-enabled Packaging Market was valued at USD 48.58 billion in 2023 and is anticipated to grow at a CAGR of over 11% between 2024 & 2032. The rapid growth of e-commerce has boosted the market for nanotechnological packaging.

 

Nano-enabled Packaging Market

The growing demand for efficient and environmentally friendly packaging solutions is driven by the rise of online shoppers. Nano-enhanced packaging offers significant advantages for e-commerce logistics, such as longer shelf life, improved fouling resistance, better product visibility and manufacturers are adopting advanced packaging techniques to hold products product quality during storage and delivery for timely delivery and freshness to consumers Meets expectations.

Another important factor driving sales of nano-enabled packaging is consumer demand for innovation. Modern consumers prioritize freshness and quality when purchasing perishable goods such as food and medicine. Custom packaging that uses nanotechnology, such as oxygen scavengers and antimicrobial agents prevent microbial contamination and oxidation thus preserving food quality and safety This feature guarantees that products get to the consumer in the best quality thus reducing wastage. The trend of people looking for new generation, safe and eco-friendly products, has been responded by nano-engineered packaging, which is on a remarkable growth. The two aspects vital to the consumers’ choices remain to be health and sustainability.

 

For instance, in January 2023, Amcor, a pioneer in the global food & pharmaceutical industries in packaging solutions, inaugurated a state-of-the-art manufacturing facility in Huizhou, China. Amcor is also implementing what it calls the first smart production and operation system in the Chinese flexible packaging market. Light curtains, intelligent laser scanners, machine guarding, and many quality-control locations will be included in the system. A Regenerative Thermal Oxidizer (RTO) system, which can lower energy usage and emissions, is one among the new plant's numerous sustainable features.
 

One of the major restraints of the nano-enabled packaging market is the high cost of manufacturing. Due to the complexity and technology of nano-enabled packaging to fully realize the potential many businesses, especially small and medium, that need to invest heavily in R&D and manufacturing realize that cost this is unbearable to adopt and implement these creative packaging solutions Capacity is being curbed as production costs affect the price and availability of nano-engineered packaging materials is affected, thereby limiting the growth of the market.

Authors: Suraj Gujar , Sandeep Ugale
Frequently Asked Question(FAQ) :
Who are the major first nano-enabled packaging players?
Amcor Plc, BASF SE, Bemis Company, Inc., Sonoco Products Co., Danaflex Nano LLC, Chevron Phillips Chemical Co. LCC, and Tetra Pak International S.A.
How big is the North America nano-enabled packaging industry?
Why is the use of nano-enabled packaging rising in food & beverages?
How big is the nano-enabled packaging market?
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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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