Report: Global nano packaging market to be worth $20bn in 2013
Analysis by Visiongain indicates that the global nano packaging market will reach a value of $20bn in 2013. The economic crisis has hindered packaging demand. This has led to an increase in global competition which has meant that the selection of goods on offer is as high as it has ever been. In fact, the marketplace is almost too saturated, with consumers having to sift through a number of similar looking products in order to find what they are looking for. The availability of nano packaging has proved particularly adept at tailoring to consumer needs as it constitutes a unique, new form of packaging that has captured consumer attention (Press release Visiongain, 6 June 2013).