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Micro Packaging Market Share

Report ID: GMI11819
Published Date: Oct 2024
Report Format: PDF

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Micro Packaging Market Share

The micro packaging industry is fiercely competitive, with key players like 3M, Amcor, Berry Global, Sealed Air, Mondi, DuPont, and Avery Dennison vying for market share. These companies compete through innovation, quality, and sustainability efforts. Market demands drive the development of advanced packaging that improves product protection, extends shelf life, and meets regulations. Firms invest heavily in R&D to create new materials and smart packaging technologies. The push for eco-friendly solutions further shapes the competitive landscape. To stand out, companies focus on unique offerings, strategic partnerships, and addressing customer needs and market trends.

Micro Packaging Market Companies

Major players operating in the micro packaging industry are:

3M
Amcor
Amerplast
Avery Dennison
Berry Global
Bollore
CCL Industries
Cosmo Films
Coveris Holdings
Dai Nippon Printing
Dunmore
DuPont
Graham Packaging
International Paper
Mondi Group
MTD Micro Molding
PPC Flex
Sealed Air
Sonoco Products
TCL Packaging
Thermo Fisher Scientific
WestRock

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for micro packaging was valued at USD 6.8 billion in 2023 and is estimated to grow at a CAGR of over 16.4% from 2024 to 2032, driven by increased demand for longer shelf life of perishable goods in food, beverage, and pharmaceutical sectors.

The plastics segment in the micro packaging market is projected to grow at a CAGR of over 17% and is expected to reach over USD 12 billion by 2032, driven by its versatility, lightweight nature, and durability.

North America held a share of over 36% in the global market in 2023, driven by consumer demand for convenience, food safety, and sustainability.

Major players in the industry include 3M, Amcor, Amerplast, Coveris Holdings, Dai Nippon Printing, Dunmore, DuPont, Graham Packaging, International Paper, Mondi Group, MTD Micro Molding, PPC Flex, Sealed Air, and Sonoco Products.