Global Micro Packaging Market 2024-2028
Micro Packaging Market 2024-2028
The micro packaging market is forecasted to grow by USD 1255.2 mn during 2023-2028, accelerating at a CAGR of 16% during the forecast period. The report on the micro packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing usage in pharmaceutical industry, growing demand for sustainable packaging, and demand for micro-perforated food packaging for perishable food products.
Technavio's micro packaging market is segmented as below:
By End-user
- Food and beverage
- Pharmaceuticals
- Personal care
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the usage of renewable fibers and bio-based materials for packaging as one of the prime reasons driving the micro packaging market growth during the next few years. Also, emergence of new drug delivery system and innovation in raw materials in new packaging formats will lead to sizable demand in the market.
The report on the micro packaging market covers the following areas:
- Micro Packaging Market sizing
- Micro Packaging Market forecast
- Micro Packaging Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading micro packaging market vendors that include Aera SA, Amcor Plc, Amerplast Ltd., A-ROO Co. LLC, Avery Dennison Corp., Avient Corp., Bayer AG, Berry Global Inc., Bollore Inc., Chengde Technology Co. Ltd., FlexPak Services LLC, Graham Packaging Co. LP, Honeywell International Inc., Mondi Plc, ProAmpac Holdings Inc., TCL Packaging Ltd., Tetra Laval SA, Thermo Fisher Scientific Inc., UFlex Ltd., and Ultraperf Technologies Inc.. Also, the micro packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.