The shifting preference of consumers towards processed food is expected increase the demand for appropriate packaging solutions. The food packaging industry occupies the largest share in the packaging sector. The development of new packaging technologies is expected to increase the shelf life of products and protect them from contamination. Nano-enabled packaging and eco-friendly packages are some of the latest developments in the food packaging sector. The food packaging sector is flooded with a large number of small as well as large players investing in new technologies to gain a competitive edge in the market.