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Nano-Enabled Packaging Market Largest and Fastest Growth Segment by 2025 | BASF SE, Amcor Limited, Chevron Phillips Chemical Co. LLC

03-02-2020 07:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Nano-Enabled Packaging Market

Nano-Enabled Packaging Market

This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global Nano-enabled packaging market.

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According to the report, the Nano-enabled packaging market is anticipated to showcase tremendous demand during the forecast period owing to its increasing use in various applications such as Food & Beverages, Pharmaceutical, Personal Care & Cosmetics.

What is Nano-enabled packaging?
Nano-enabled packaging is the packaging technique which helps control moisture, temperature, and freshness of the product in the packet. It also contains useful details for the consumers and maintains the environment in order to increase the shelf life of the products.

Segmentation for better understanding of this market and its growth prospects:
Based on the packaging type, it is segmented as Active Packaging, Controlled Release Packaging, and Intelligent & Smart Packaging. The intelligent & smart type of packaging is expected to lead the market, as it is designed in such a way that it detects chemical, microbial changes in food, for instance, certain pathogens developing in the foods that lead to spoilage. This type of packaging also helps to avoid counterfeit products and ensure food safety

By the application, it is divided into Food & Beverages, Pharmaceutical, and Personal Care & Cosmetics. This type of packaging is mostly used in food & beverages and pharmaceuticals, as it acts as a barrier against UV rays, light, moisture, and also provides durability, stability, and safety and prolongs the shelf life of the product. Easy availability of raw materials and the rise of the end user industries in the APAC region, the market is expected to grow at a moderate growth rate.

Key Factors Impacting Market Growth:
o Growing demand for fresh packaged foods.
o Advancements in the nanotechnology.

Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

The nano-enabled packaging market by region has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for nano-enabled packaging market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is a key to the growth of nano-enabled packaging market in this region.

Major industries in these regions are estimated to be Aerospace & Defence, Protection Equipment, Automotive, and Electrical & Electronics. The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is a key to the demand for nano-enabled packaging market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.

This report provides:
1) An overview of the global market for nano-enabled packaging and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global nano-enabled packaging market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like, BASF SE, Amcor Limited, Chevron Phillips Chemical Co. LLC, Sonoco Products Co., Honeywell International Inc., Bemis Company Inc., Avery Dennison, Tetra Pak International S.A., Sealed Air, and DuPont Teijin Films.

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Market Segmentation:
By Packaging Type:
o Active Packaging
o Controlled Release Packaging
o Intelligent & Smart Packaging

By Application:
o Food & Beverages
o Pharmaceutical
o Personal Care & Cosmetics

By Region:
North America
o By Country (US, Canada, Mexico)
o By Packaging Type
o By Application

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Packaging Type
o By Application

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Packaging Type
o By Application

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Packaging Type
o By Application

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Packaging Type
o By Application

Rest of the World
o By Region (South America, Africa)
o By Packaging Type
o By Application

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 121 364 6144 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
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