Micro-packaging: global markets until 2026

Scope of Report: This report provides in-depth analysis of the global micro-packaging market by function, application, packaging type, and region. The report discusses the application of commercially available micro-packaging to derive specific market estimates.

New York, October 25, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Micropackaging: Global Markets to 2026” – https://www.reportlinker.com/p06177616/?utm_source=GNW

The report also discusses the strategies adopted by the major players in the global micro-packaging market. A patent analysis provides insight into global market technology trends over time as well as geographically for the United States, Europe, and Japan. The global micro-packaging market is segmented on the basis of materials, end-user, type of packaging, and region. The estimated values ​​used are based on the total revenues of the manufacturers. Projected and forecast income values ​​are in US dollars, unadjusted for inflation.

The report includes:
– 52 data tables
– An in-depth overview of the global micro-packaging technology market
– Analyzes of global market trends, with data for 2020, estimates for 2021-2025 and projections of compound annual growth rates (CAGRs) to 2026
– Assessing and forecasting the overall micro-packaging market size in terms of dollar value, and analyzing the corresponding market share by packaging type, function, application and geography
– Highlights of emerging technology trends, opportunities and gaps estimating the current and future demand of the global micro-packaging market and its sub-segments
– Country specific data and market value analysis for US, Canada, Germany, UK, France, Italy, Spain, Netherlands, China, India, Japan, Australia, South Korea and other emerging economies
– Discussion of the major factors driving the global micro-packaging market growth, industry structure, regulatory scenario and technology penetration in the market
– Understanding of the effect of environmental concerns on this market
– Identification of the main stakeholders and analysis of the competitive landscape based on recent developments and sector revenues
– Profile descriptions of major industry players including Amcor Ltd., American Packaging Corp. (APC), Beacon Converters Inc., Berry Global Inc., British Polythene Industries PLC, Sigma Plastics Group Inc. and Sealed Air Corp.

Summary:
Micro-packaging, as the name suggests, incorporates flexible and durable packaging materials. It is a niche market.

However, with the growing popularity of sustainable products around the world, the demand for micro-packaging is expected to increase dramatically and be fueled by increased spending on research and development activities.

Micro-packaging is a relatively new concept and presents lucrative growth opportunities in almost all verticals of the packaging industry. With the growing popularity of efficient and advanced packaging solutions, micro-packaging is expected to benefit from technological advancements, primarily in the healthcare industry.

Micro-packaging is slowly gaining ground in the field of packaging. Growing technological advancements in the field of materials science have encouraged manufacturers to create micro-packaging for the food and beverage industry and the medical industry.

The main driver of the global micro-packaging market is the fact that this packaging can be recycled, thereby reducing waste and pollution. In addition, the growth of the food industry and growing economies such as China, India, Italy, Taiwan, Turkey and Mexico are driving the growth of the micro-packaging market.

The increasing developments and innovations in these industries further fuel the growth of the market. The growth also comes from the expansion of the cosmetics industry around the world.

The demand for flexible green packaging is expected to increase dramatically due to increasing demand from the pharmaceutical and consumer goods industries. Micro-packaging is mainly used in the food and beverage industry, the medical industry, and the personal care product industry.

In all of these applications, micro-packaging is used as a sustainable packaging solution. The increase in disposable income fuels the demand for consumer goods; this together with the increasing demand from the personal care industry is expected to increase the market during the forecast period.
Read the full report: https://www.reportlinker.com/p06177616/?utm_source=GNW

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