The global nano-enabled packaging market size accounted for USD 2,300 million in 2024 and is expected to exceed around USD 4,780 million by 2034, growing at a CAGR of 7.6% from 2024 to 2034.
Nano-enabled packaging is the most widely and popular packaging technique that controls moisture, pH, temperature, and freshness of the product inside the packet which assists in increasing the shelf life of the product. The packaging also contains important information for consumers. The rising demand for food & beverages and pharmaceutical industries is expected to boost the growth of the market in the coming years. Nano-enabled packaging offers several benefits to the food & beverage and pharmaceutical industries to ensure the freshness of the product.
Other factors such as rising urbanization trends, favorable regulations implemented by the FDA concerning the manufacturing of packaging materials, increasing R&D activities, rising consumer preferences towards clean food, and increasing demand for packaged beverages are anticipated to fuel the expansion of the market.
The rising advancement in nanotechnology and increased investment by prominent market players in developing effective and efficient packaging are projected to create immense growth opportunities for the growth of the market. Businesses increasingly rely on advanced packaging solutions that enhance protection levels, preserving the quality and nutritional value of foods and potentially reducing food wastage.
Published by Vidyesh Swar
