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(Construction.IndustryNews247.Com, July 04, 2018 ) Global Nano-Enabled Packaging market is estimated at $8.2 billion in 2015 and is expected to reach $19.82 billion by 2022 growing at a CAGR of 13.3% from 2015 to 2022. Nano-Enabled packaging market is driven by increasing shelf life of the food, convenience and increase in demand for packaged food. Whereas less awareness among the users in Nano- enabled packaging is hampering the market growth. Active packaging technology in Nano-Enabled packaging holds the largest share in technology segment and smart packaging segment is expected to grow at a faster CAGR during the forecast period.
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Asia Pacific region accounted for the largest share in the Nano-Enabled packaging followed by North America. The growth in Asia pacific region is due to availability of raw material and increasing usage across the industries. India, China and Japan are the prominent countries in Asia Pacific region showing healthy growth. Owing to favourable regulations, North America region holds the second position.
Some of the key players in the market include Bemis Company, Inc., Danaflex Nano LLC, Klöckner Pentaplast Group, Amcor Limited, PPG Industries, Inc., Sonoco Products Company, DuPont Teijin Films, BASF SE (Badische Anilin- und Soda-Fabrik), Honeywell International, Inc., Sealed Air Corporation, Avery Dennison, Tetra Pak International S.A., Innovia Films, Chevron Phillips Chemical Company LLC and Sidel. Controlled release packaging Active packaging Intelligent & smart packaging
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Applications Covered: - Personal care & cosmetics - Food & beverages - Pharmaceutical - Prepared foods - Bakery products - Meat products - Fruit and vegetables - Other Applications
Technologies Covered: - Controlled release packaging - Active packaging - Intelligent & smart packaging
Get more information @ http://www.reportsweb.com/nano-enabled-packaging-market-global-market-outlook-2016-2022
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Source: EmailWire.Com
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