Micro Packaging Market to Expand Significantly by 2024
Author : Rahul Kadam | Published On : 22 Apr 2024
Latest added Micro Packaging Market research study by AMA Research offers detailed outlook and elaborates market review till 2030. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Amcor plc (Switzerland), Honeywell International Inc. (United States), Alcoa Corporation (United States), Beijing ChamGo Nano-Tech Co.,Ltd (China), Bemis Manufacturing Company (United States), Graham Packaging Company (United States), CKS Packaging, Inc. (United States), ProAmpac. (United States), Mondi (United Kingdom), Berry Global Inc. (United States), AVERY DENNISON CORPORATION. (United States), Bayer AG (Germany) etc.
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Micro packaging is a new packaging strategy that combines nanoparticles with other materials to create a high-barrier packaging solution. Micro packaging is resistant to light, air, and heat, and it extends the shelf life and stability of the product. As a result, micro packaging performs all of the same functions as traditional packaging. It's a relatively new idea with a lot of room for expansion. Technological advancements across industries, including cosmetics and pharmaceuticals, have been creating a significant demand for micro packaging around the world
Influencing Trend:
Surging Popularity of Nano-enabled Packaging
Challenges:
Lack of Skilled Expertise
Opportunities:
Rise in Awareness, Popularity, and Demand for Sustainable Packaging
Growth in Demand from Developing Countries
Market Growth Drivers:
Rising Adoption Rate in the Pharmaceutical Packaging Industry
Increasing Global Demand for Hygienic Packaging
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The Global Micro Packaging segments and Market Data Break Down by End User Industry (Food and Beverage Industry, Personal Care and Cosmetics Industry, Pharmaceutical Industry), Function (Protective Function, Storage Function, Loading and Transport Function, Sales Function, Promotional Function, Service Function, Guarantee Function, Additional Function), Packaging (Paper and Board, Corrugated Boxes, Boxboard (Rigid Boxes, Folding Boxes, Trays), Flexible Paper (Paper Bags, Shipping Sacks, ,Sachets/Pouches, Stand-Up Pouches, Blister and Strip Packs), Glass, Liquid Cartons(Brick Liquid Carton, Gable Top Liquid Carton, Shaped Liquid Carton), Metal Packaging, Cartons, Paper-based Containers (Bag-In-Box, Folding Cartons), Other Packaging)
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