Micro Packaging Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026


Posted January 12, 2022 by neha_s

The creation of an impermeable layer of just few millimeters thick by using nano-particles is known as micro packaging
 
The creation of an impermeable layer of just few millimeters thick by using nano-particles is known as micro packaging. The flexibility, isolation, and cost effectiveness provided by this technique makes it an appealing packaging technique. Micro packaging has been employed in food, beverages, and pharmaceutical industries. The leaking of oxygen into the package results in increased rate of oxidation, which will reduce the shelf life of the product. Also, contamination from dust and pathogens will affect food quality. An alternative to micro packaging is coating of metal or glass on the packaging, but this will result in reduced flexibility.
Micro Packaging Market Outlook
◦ Asia Pacific is the fastest growing region in the micro packaging market. The burgeoning food and beverage industry has contributed to market growth, due to large amount of time spent by goods in transit and long shelf lives in products is vital. Moreover, India and China are hubs for manufacture of pharmaceuticals, which are then sold in Europe and North America.
◦ Europe is a leading region for innovation due to high R&D investments. Stringent environmental regulations have led companies away from conventional packaging to sustainable practices such as micro packaging.
◦ North America is major supplier of pork and beef to China, the use of micro packaging helps keep the meat fresh during transit. China is projected to import 3 million tons of pork in 2017. Due to recent meat quality issues in China, it is vital for meat packagers to employ techniques to ensure freshness. This will allow for consolidation of market share in Chinese market.

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Micro Packaging Market Taxonomy
On basis of Packaging function, the Micro packaging market is segmented into:
◦ Primary Functions
▪ Protective
▪ Storage
Secondary Functions, the Micro packaging market is segmented into:

◦ Sales
◦ Promotion
◦ Tertiary Functions
On basis of packaging type, the Micro packaging market is segmented into:
◦ Paper and Board
▪ SBS
▪ WLC
◦ Corrugated Boxes
◦ Boxboard
▪ Rigid Boxes
▪ Folding Boxes
◦ Flexible Paper
◦ Paper bags
◦ Shipping Sacks
◦ Sachets/Pouches
◦ On basis of end user industry, the Micro packaging market is segmented into:
◦ Pharmaceuticals
◦ Food and Beverage
◦ Personal Care Products

Major players : in the micro packaging market are Alcoa Inc, Amcor, Bemis, Beijing ChamGo Nano-tech Co. Ltd, Color Matrix Corporation, Honeywell, InMat.

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Last Updated January 12, 2022