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May 24th, 2005

Nanotechnology Makes Packaging Intelligent, Smart and Safe

Abstract:
According to a new market study developed by Helmut Kaiser Consultancy nanotechnology has been significantly increasing its impact on the food and beverage packaging industry during last three years. The sales of the nano-related packaging products have been rising from US$ 150 million in 2002 to $ 860 million in 2004 worldwide. Nonetheless, compared with the over $100 billion food and beverage packaging industry, the growth potential of the nanopackaging is still enormous. It is predicted that nanotechnology will change 25% of the food packaging business in the next decade, that means a yearly over $ 30 billion market.

Source:
chemie.de

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