The global nanotechnology packaging marketsize was valued at USD 22.83 billion in 2022 and is projected to beUSD 26.13 billion in 2023 to USD 73.10 billion by 2030, exhibiting a CAGR of
15.83% during the forecast period.
Theglobal nanotechnology packaging market size was valued at USD 22.83 billion in
2022. The market is anticipated to expand from USD 26.13 billion in 2023 to USD
73.10 billion in 2030, exhibiting a CAGR of 15.83 % over the estimated period.
Nanotechnology-basedpackaging, often referred to as nano packaging, is a specialized field of
packaging technology that utilizes nanomaterials and nanoscale engineering
techniques to develop packaging solutions with unique and advanced
characteristics. The market is expected to gain grip due to an increasing focus
on sustainable packaging solutions to reduce waste and enhance recyclability.
FortuneBusiness Insights™ provides thisinformation in its research report, titled “Nanotechnology Packaging Market, 2023-2030”.
Source:
COVID-19 Impact:
IncreasedDemand for Products with Antimicrobial Properties Propelled Market Growth
Thepandemic highlighted the critical need for packaging with resilient
antimicrobial properties. Consumers and industries sought packaging solutions
that could help reduce the risk of bacterial and viral contamination, thus
creating a self-cleaning effect. This increased awareness drove the demand for
nanotechnology packaging amid COVID-19 pandemic.
Report Coverage
Thereport gives a comprehensive analysis of the leading factors favoring the
industry growth over the coming years. It focuses on key aspects such as
product type, modality, and leading companies. The report further provides
insight into the major trends boosting the global business scenario. The impact
of the COVID-19 pandemic on market growth is also included in the report.
Restraint & Factors:
Nanotechnology-based indicators or sensorsare integrated into the packaging matrix, where they interact with internal and
external factors, enabling continuous monitoring of the quality of packaged
goods. Features such as improved, smart, intelligent, and active packaging can
extend the shelf life of products.
