The global nanotechnologypackaging market size was valued at USD 22.83 billion in 2022 and isprojected to be USD 26.13 billion in 2023 to USD 73.10 billion by 2030,
exhibiting a CAGR of 15.83% during the forecast period.
The global nanotechnology packaging market size was valuedat USD 22.83 billion in 2022. The market isanticipated to expand from USD 26.13 billion in 2023 to USD 73.10 billion in 2030, exhibiting aCAGR 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.
Fortune Business Insights™ provides this information in its research report, titled “NanotechnologyPackaging 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:
The report gives a comprehensive analysis of theleading factors favoring the industry growth over the coming years. It focuses on key aspects such as producttype, modality, and leading companies. The report further provides insight into the majortrends boosting the global business scenario. The impact of the COVID-19
pandemic on market growth is also included in the report.