Market Overview:
The global micro packaging market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and compact packaging solutions across various industries. In addition, the growing trend of miniaturization is also contributing to the growth of the market. The paper & paperboard segment is expected to dominate the global micro packaging market in terms of revenue by 2030 owing to its low cost and recyclability. However, glass is anticipated to grow at a higher CAGR during the forecast period as it offers superior barrier properties as compared with other materials used for micro packaging.
Product Definition:
Micro packaging is the use of very small packages, often less than 1 cubic inch, to contain and protect a product. The importance of micro packaging is that it allows for smaller and more efficient shipping containers, which reduces the overall environmental impact of transporting goods.
Paper & Paperboard:
Paper & paperboard is a raw material that is used for manufacturing various packaging products such as tissue, paper cups, plates, and food containers among others. The growth of the global packaging industry has been leading to an increase in the consumption of paper & paperboard. Packaging products made from this raw material help in delivering messages effectively which further helps in increasing brand awareness and establishing a connection with customers.
Glass:
Glass is a transparent, brittle, non-toxic, and strong material that can be used in micro packaging applications. It has high thermal shock resistance and excellent mechanical strength. The material is widely used for manufacturing bottles & jars of all sizes as well as flat glass containers for food & beverages storage purpose. Glass can also be customized according to the size and shape required by the manufacturer which makes it an ideal choice for micro packaging solutions.
Application Insights:
The food and beverage application segment led the global market in 2017. This is attributed to increasing demand for packaged foods such as ready-to-eat meals, frozen meals, snacks, bakery products and confectionery items. In addition, factors including rising disposable income levels coupled with changing lifestyles have contributed to the growth of this segment over the recent years.
The personal care and cosmetics application segment accounted for a significant share in 2017 due to high product usage in daily grooming routines of consumers across various regions. Moreover, micro packaging solutions provide protection against environmental damage such as UV rays or temperature fluctuations during transportation that may otherwise cause product degradation or contamination during storage at destination points along supply chains.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing consumer spending on personal care products and food and beverage packaging. In addition, rising disposable income levels in emerging economies such as China and India are anticipated to fuel demand for packaged foods, which will further propel regional growth.
Europe accounted for a major share of revenue in 2017 due to stringent regulations regarding waste management coupled with rising environmental concerns among consumers about product sustainability. Moreover, growing demand for biodegradable or recyclable packaging materials is likely to drive industry expansion over the coming years. North America also holds considerable market potential due its high consumption of pharmaceutical products that require specialized packing requirements such as sterile compartments or boxes that do not contain any sharp edges or corners capable of injuring packages during transportation & delivery processes between manufacturers/suppliers and end-users/buyers).
Growth Factors:
- Increasing demand for lightweight and compact packaging solutions in various industries
- Rising trend of miniaturization in electronics industry
- Growing popularity of sustainable and environment-friendly packaging solutions
- Proliferation of e-commerce and online retailing businesses
- Development of innovative micro packaging technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Packaging Market Research Report
By Type
Paper & Paperboard, Glass, Metal, Plastic, Corrugated Boxes, Others
By Application
Food and Beverage, Personal Care and Cosmetics, Pharmaceuticals, Others
By Companies
Amcor, Tetra Pak, Bayer, Avery Dennison
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Micro Packaging Market Report Segments:
The global Micro Packaging market is segmented on the basis of:
Types
Paper & Paperboard, Glass, Metal, Plastic, Corrugated Boxes, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Personal Care and Cosmetics, Pharmaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- Tetra Pak
- Bayer
- Avery Dennison
Highlights of The Micro Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Paper & Paperboard
- Glass
- Metal
- Plastic
- Corrugated Boxes
- Others
- By Application:
- Food and Beverage
- Personal Care and Cosmetics
- Pharmaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Micro Packaging is a packaging technology that uses small packages to ship products. It is often used for items that are sensitive or perishable, such as food. Micro Packaging can also be used to ship smaller items, such as parts or components.
Some of the key players operating in the micro packaging market are Amcor, Tetra Pak, Bayer, Avery Dennison.
The micro packaging market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Micro Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micro Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Micro Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Micro Packaging Market Size & Forecast, 2018-2028
4.5.1 Micro Packaging Market Size and Y-o-Y Growth
4.5.2 Micro Packaging Market Absolute $ Opportunity
Chapter 5 Global Micro Packaging Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Micro Packaging Market Size Forecast by Type
5.2.1 Paper & Paperboard
5.2.2 Glass
5.2.3 Metal
5.2.4 Plastic
5.2.5 Corrugated Boxes
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micro Packaging Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Micro Packaging Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Personal Care and Cosmetics
6.2.3 Pharmaceuticals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Micro Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Micro Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Micro Packaging Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Micro Packaging Market Size Forecast by Type
9.6.1 Paper & Paperboard
9.6.2 Glass
9.6.3 Metal
9.6.4 Plastic
9.6.5 Corrugated Boxes
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Micro Packaging Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Personal Care and Cosmetics
9.10.3 Pharmaceuticals
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Micro Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Micro Packaging Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Micro Packaging Market Size Forecast by Type
10.6.1 Paper & Paperboard
10.6.2 Glass
10.6.3 Metal
10.6.4 Plastic
10.6.5 Corrugated Boxes
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Micro Packaging Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Personal Care and Cosmetics
10.10.3 Pharmaceuticals
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Micro Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micro Packaging Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Micro Packaging Market Size Forecast by Type
11.6.1 Paper & Paperboard
11.6.2 Glass
11.6.3 Metal
11.6.4 Plastic
11.6.5 Corrugated Boxes
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Micro Packaging Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Personal Care and Cosmetics
11.10.3 Pharmaceuticals
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Micro Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Micro Packaging Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Micro Packaging Market Size Forecast by Type
12.6.1 Paper & Paperboard
12.6.2 Glass
12.6.3 Metal
12.6.4 Plastic
12.6.5 Corrugated Boxes
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Micro Packaging Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Personal Care and Cosmetics
12.10.3 Pharmaceuticals
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Micro Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micro Packaging Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Micro Packaging Market Size Forecast by Type
13.6.1 Paper & Paperboard
13.6.2 Glass
13.6.3 Metal
13.6.4 Plastic
13.6.5 Corrugated Boxes
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Micro Packaging Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Personal Care and Cosmetics
13.10.3 Pharmaceuticals
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Micro Packaging Market: Competitive Dashboard
14.2 Global Micro Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Tetra Pak
14.3.3 Bayer
14.3.4 Avery Dennison
