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Nano-Enabled Packaging Market is expected to reach USD 72.3 billion Flourish at a CAGR 12.9% by the year 2024

Press release   •   Apr 30, 2019 09:23 EDT

Global Nano-Enabled Packaging Market  is expected to witness a flourish CAGR of 12.9% and is projected to reach USD 72.3 billion by 2024.

Rising demand from food and beverages industry for effective packaging material to minimize spoilage and increase the shelf life of the products is likely to drive the market growth over the forecast period. Additionally, expanding applications due to increasing investment in research and development of nano-enabled packaging is expected to further augment the market growth during the forecast period.

The years used for the assessment are as follows;

Historical year : 2014, 2015, and 2016
Base year : 2017
Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total nano-enabled packaging market and its various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the nano-enabled packaging market
Finalizing the overall size and share for the global nano-enabled packaging market

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OBJECTIVES:

To classify the global nano-enabled packaging market into segments by technology, application, and region and analyze their growth prospects individually.
To analyze market trends, opportunities, drivers and restraints associated with the nano-enabled packaging market.
Profiling key companies operating in the global nano-enabled packaging market.
To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for global nano-enabled packaging market is as follows:

By Technology
Active Packaging
Intelligent & Smart Packaging
Controlled Release Packaging

By Application
Food & Beverages
Pharmaceuticals
Personal Care & Cosmetics
Others

Region
North America
Europe
Asia-Pacific (APAC)
Middle East and Africa (MEA)
Central and South America

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FREE ANALYSIS

The global nano-enabled packaging market is expected to witness a CAGR of 12.88% and is projected to reach USD 72.342 billion by 2024. Rising demand from food and beverages industry for effective packaging material to minimize spoilage and increase the shelf life of the products is likely to drive the market growth over the forecast period. Additionally, expanding applications due to increasing investment in research and development of nano-enabled packaging is expected to further augment the market growth during the forecast period.

Nano-enabled packaging comprises of a nanocomposite and a filler material. In food packaging these filler materials are used to impart antimicrobial properties and improve barrier function. Nanoparticles are also used in polymer matrix to improve moisture parameters, and gas barrier characteristics. These enhanced packaging properties increase the life of the encapsulated material and prevent contamination.

The development of new biochemical compounds and the advent of new drug delivery systems have resulted in the need of enhanced protection from oxygen, light, and moisture. This advanced protection becomes a fundamental requirement for the convenience, safety and compliance of drug use, and is likely to propel the nano-enabled packaging market over the forecast period. Moreover, packaging at nanoscale has seeped into the cosmetic industry driven by a large demography from Asia-Pacific, Europe, and North America. Demand from these industries will be a major contributing factor to the growth of this market.

The U.S. is one of the largest pharmaceutical packaging consumers, with an array of diversified drug-producing sector. The demand for nano-enabled packaging in this region is driven by intelligent and smart packaging segment. China & India offer vast growth opportunities owing to their rapidly upgrading pharmaceutical industry. Japan holds a major share of the active packaging market and is likely to dominate this segment over the forecast period.

The key players of this market are Tetra Pak International S.A; Honeywell International Inc.; BASF SE; Danaflex nano; Sonoco Products Company; Chevron Phillips Chemical Company; Amcor Limited; Sealed Air; Avery Dennison Corporation; and PPG Industries, Inc. among others.

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Nano-Enabled Packaging Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Global Nano-Enabled Packaging Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Nano-Enabled Packaging – Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the nano-enabled packaging market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.5.1. Opportunities

3.5.1.1. Manufacturing of cost efficient blister packaging for pharmaceutical applications

3.5.2. Trends

3.5.2.1. Nano-enabled packaging emerging as a novel technique to ensure food safety

3.6. Regulatory Trends

3.7. Market Dynamics

3.7.1. Drivers of the market

3.7.1.1. Huge demand from food and beverages industry for longer shelf life for products

3.7.1.2. Expanding applications due to increasing investment in research and development of nano-enabled packaging

3.7.2. Restraints of the Market

3.7.2.1. Presence of substitutes such as bioplastic packaging materials

CHAPTER 4. Global Nano-Enabled Packaging Market Size and Forecast (2014 – 2024) (USD Million)

4.1. Global Nano-Enabled Packaging Market, By Technology (USD Million)

4.1.1. Active Packaging

4.1.2. Intelligent & Smart Packaging

4.1.3. Controlled Release Packaging

4.2. Global Nano-Enabled Packaging Market, By Application (USD Million)

4.2.1. Food & Beverages

4.2.2. Pharmaceuticals

4.2.3. Personal Care & Cosmetics

4.2.4. Others

CHAPTER 5. Global Nano-Enabled Packaging Market Size & Forecast, By Region

5.1. North America Nano-Enabled Packaging Market (USD Million)

5.1.1. North America Nano-Enabled Packaging Market, By Technology (USD Million)

5.1.2. North America Nano-Enabled Packaging Market, By Application (USD Million)

5.1.3. North America Nano-Enabled Packaging Market, By Country (USD Million)

5.1.3.1. U.S.

5.1.3.2. Canada

5.1.3.3. Mexico

5.2. Europe Nano-Enabled Packaging Market (USD Million)

5.2.1. Europe Nano-Enabled Packaging Market, By Technology (USD Million)

5.2.2. Europe Nano-Enabled Packaging Market, By Application (USD Million)

5.2.3. Europe Nano-Enabled Packaging Market, By Country (USD Million)

5.2.3.1. Germany

5.2.3.2. United Kingdom

5.2.3.3. Russia

5.2.3.4. France

5.2.3.5. Italy

5.2.3.6. Rest of Europe

5.3. Asia-Pacific Nano-Enabled Packaging Market (USD Million)

5.3.1. Asia-Pacific Nano-Enabled Packaging Market, By Technology (USD Million)

5.3.2. Asia-Pacific Nano-Enabled Packaging Market, By Application (USD Million)

5.3.3. Asia-Pacific Nano-Enabled Packaging Market, By Country (USD Million)

5.3.3.1. India

5.3.3.2. China

5.3.3.3. Australia

5.3.3.4. Japan

5.3.3.5. Rest of Asia-Pacific

5.4. Middle East and Africa Nano-Enabled Packaging Market (USD Million)

5.4.1. Middle East and Africa Nano-Enabled Packaging Market, By Technology (USD Million)

5.4.2. Middle East and Africa Nano-Enabled Packaging Market, By Application (USD Million)

5.4.3. Middle East and Africa Nano-Enabled Packaging Market, By Region (USD Million)

5.4.3.1. South Africa

5.4.3.2. Rest of Middle East and Africa

5.5. Central and South America Nano-Enabled Packaging Market (USD Million)

5.5.1. Central and South America Nano-Enabled Packaging Market, By Technology (USD Million)

5.5.2. Central and South America Nano-Enabled Packaging Market, By Application (USD Million)

5.5.3. Central and South America Nano-Enabled Packaging Market, By Country (USD Million)

5.5.3.1. Brazil

5.5.3.2. Rest of Central and South America

CHAPTER 6. Key Players and Strategic Developments

6.1. Tetra Pak International S.A.

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. Strategic Developments

6.2. Honeywell International Inc.

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. Strategic Developments

6.3. BASF SE

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. Strategic Developments

6.4. Danaflex nano

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. Strategic Developments

6.5. Sonoco Products Company

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. Strategic Developments

6.6. Chevron Phillips Chemical Company

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. Strategic Developments

6.7. Amcor Limited

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. Strategic Developments

6.8. Sealed Air

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. Strategic Developments

6.9. Avery Dennison Corporation

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. Strategic Developments

6.10. PPG Industries, Inc.

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. Strategic Developments

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