Report Summary

The global nano-enabled packaging market size was valued at USD 30.60 billion in 2017 and is anticipated to grow at a CAGR of 12.7% during the forecast period. Nano-enabled packaging is the use of nano-materials, which have diameter of less than 100 nanometers, for development of packaging solutions. Nano-enabled packaging solutions are majorly used in the food and beverage, and pharmaceutical industries. Nano-enabled packaging solutions offer longer shelf life to perishable foods and beverages. It is also capable of better protecting qualities such as taste, texture, color, and consistency of food products.

Use of nanoclay, Silver and Titanium Nitride among others reduces the possibility of contamination, while absorbing and maintaining the nutrients. Nano-enabled packaging also makes use of nanosensors to identify internal and external conditions of food products and its entire supply chain. These sensors are developed to change color on detection of contaminants.

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The Nano-Enabled Packaging industry is influenced by improved economic conditions, demographic and socio-economic changes, increasing urbanization, and an emerging middle class in developing economies. The increasing demand for packaged food products, along with government regulation to promote the use of nano-enabled packaging for improved food safety supports the market growth. Digitalization, increasing use in the pharmaceutical sector, and the ongoing development of intelligent packaging have also fostered the market growth. The rising need for shelf-stable packaging, and growing food-led export activities also increases the demand for Nano-enabled packaging solutions. The growth in packaging consumption, increasing demand for anti-counterfeit products, and prevention of contamination of food and beverages accelerates the adoption of Nano-enabled packaging solutions. However, low awareness regarding the benefits of Nano-packaging, lack of information on the impact of Nano materials on food and beverage products, high complexity and costs associated with customized nano-packaging solutions restrict the market growth.

Segment Analysis

The global Nano-Enabled Packaging market is segmented on the basis of type, end-user, and region. The report segments the type into active, intelligent, and others. The active segment accounted for the highest market share in 2018. Active packaging includes use of nanomaterials that interact directly with the food or the environment to allow better protection of the product. Silver nanoparticles and silver coatings are used to provide anti-microbial properties.

The end-user segment is divided into food and beverages, pharmaceutical, personal care, and others. The food and beverage segment accounted for the highest market share during 2017. The increasing demand for fruit and vegetables, along with increasing adoption of e-commerce drives the growth of this segment.

Nano-Enabled Packaging Market Scope

By Type By End User By Region Active

Intelligent

Others Food and Beverages

Pharmaceutical

Personal Care

Others North America (U.S., Canada)

Europe (Germany, UK, France, Italy, Spain, Belgium, Russia, Netherlands)

Asia-Pacific (China, Japan, India, Australia, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines)

Latin America (Brazil, Mexico, Argentina)

Middle East and Africa (UAE, Saudi Arabia, South Africa)

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Regional Analysis

This report comprises a detailed geographic analysis across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., and Canada. Europe is divided into Germany, UK, France, Italy, Spain, Belgium, Russia, Netherlands, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines and Rest of Asia-Pacific. Asia-Pacific is the major region contributing to the market growth due to increasing food regulations, and increasing demand for packaged food products.

Competitive Landscape

The leading players in the report include Amcor Limited, BASF SE, Bemis Company, Inc., Sonoco Products Company, Danaflex Nano LLC, Honeywell International Inc., Tetra Pak International S.A., DuPont Teijin Films, Chevron Phillips Chemical Company LLC, and Klöckner Pentaplast. These leading players are introducing innovative products in the market to cater to the growing demand for consumers. Global players are entering new markets in developing regions to expand their customer base, strengthen market presence, and increase their market share in the market industry.