Micro Packaging Market will exhibit a promising 17.4% CAGR between 2018 and 2025| Major Players- Tetra Pak, Bayer AG, Avery Dennison Corporation, Amcor Limited, Bemis Company

Industry Highlights

Micro packaging attributes towards the integration of nano-materials such as nano-coatings and films to shape a tall barrier packaging solution, resistant to light, air and heat. Micro packaging acts as somewhat new concept that presents several opportunities of growth, within all verticals of the overall packaging industry. It is expected that different industries, particularly the food industry, are to benefit from micro packaging. Micro packaging technology is anticipated to enjoy better preference in all industries, due to its nanotechnology roots.

According to Market Prognosis, the Global Micro Packaging Market is expected to grow at a CAGR of 17.4% from 2017 to 2026. Technological advancement in various fields, improved bio-availability, rising concerns regarding micro packaging and rapid urbanization are some of the key factors driving the market growth. However, huge price of manufacturing technology, lack of technical awareness and leakage of nano-particles into the food stream are hindering the growth of the market.

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Market Top Player’s

Some of the key players profiled in the Micro Packaging include Tetra Pak, Bayer AG, Avery Dennison Corporation, Amcor Limited, Bemis Company, Inc., Alcoa Corporation, Beijing ChamGo Nano-tech Co. Ltd, Honeywell Automation India Ltd, ColorMatrix Europe, InMat, Inc.

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Market Segments

Based on end user, food and beverage segment is driven due to rapid increase in the demand for sustainable production; growing competition and rise in health concerns have drive the food and beverage industry to march on the path of innovation. Micro packaging, in usage of nano materials in food, presents possible benefits such as antimicrobial effects, enhanced bio-availability, better sensory acceptance and targeted delivery of bioactive compounds. Moreover, through nanoscale innovations in the form of barrier and mechanical properties, discovery of pathogens, and smart and active packaging by food safety and quality benefits, micro packaging have occupied an incremental leap forward in the food and beverage industry.

By material type, Boxboard is mainly used for folding carton packaging. It offers attractive features about its strength, print quality and foldability but the maximum thickness accessible is 28-32 pts which might not be sufficient if the products require being stacked on pallet with no corrugated box as an outer packaging.

In terms of geography, The North America region is expected to lead the market during the forecast period due to strong efforts on R&D with main companies and a technologically advanced healthcare sector are some factors driving the region.

Material Types Covered:
• Paper and Board
• Metal
• Glass
• Plastic copolymers
• Corrugated Boxes
• Flexible Paper
• Liquid Cartons
• Cartons
• Boxboard
• Paper-Based Containers
• Other Material Types
Packaging functions Covered:
• Secondary Functions
• Primary Functions
• Tertiary Functions
• Additional Function
Applications Covered:
• Vials
• Films
• Doy bags
• Other Applications
End User Industries Covered:
• Food and Beverage
• Pharmaceuticals
• Personal Care & Cosmetics
• Other End User Industries

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