Nano-enabled Packaging Market Size, Share & Trends Analysis Report By Type (Intelligent & Smart Packaging, Active Packaging), By Application (Food & Beverages, Pharmaceuticals), By Region, And Segment Forecasts, 2024 - 2030

Nano-enabled Packaging Market Size, Share & Trends Analysis Report By Type (Intelligent & Smart Packaging, Active Packaging), By Application (Food & Beverages, Pharmaceuticals), By Region, And Segment Forecasts, 2024 - 2030

Nano-enabled Packaging Market Growth & Trends

The global nano-enabled packaging market size is expected to reach USD 73.69 billion by 2030, registering a CAGR of 12.4% during the forecast period, according to a new report by Grand View Research, Inc. Increasing investments in developing effective and efficient packaging technologies is excepted to spur market growth. Growing awareness of the benefits, that nano-enabled packaging offer to the food & beverage and pharmaceutical industry is expected to have a positive impact on the market growth.

Favorable regulations implemented by the FDA concerning manufacturing of packaging materials that can retain the freshness and enhance the shelf life of the product is expected to escalate future market growth. Increasing demand for pharmaceuticals, personal care, cosmetics, beverages, meat products, vegetables, and ready-to-go meals is projected to boost nano-enabled packaging demand over the forecast period.

Nano-enabled Packaging Market Report Highlights

• Active packaging segment is anticipated to exhibit CAGR of 10.4% for the forecast period. Rising demand for fresh vegetables and fruits in the U.S is anticipated to boost the market demand for active packaging.
• By type, Intelligent & smart packaging was the leading the segment and accounted for 85.6% of total market revenue in 2023.
• The food & beverages was the most dominant application segment and accounted for 34.7% of total market revenue in 2023. Pharmaceutical nano-enabled packaging market is projected to grow at the highest CAGR on account of its functional qualities, and its application in almost all medical & healthcare industries.
• Asia Pacific led the global nano-enabled packaging industry and is projected to witness the fastest CAGR of 13.5% during the forecast period. The growing usage of intelligent packaging in pharmaceutical and personal care industry of Japan and China is projected to boost the market demand in this region.

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