The microwave packaging market is forecast to grow from USD 22.46 billion in 2025 to USD 51.52 billion by 2034, driven by a CAGR of 9.93% from 2025 to 2034. Rising demand for packaged ready-to-eat food products, growing urbanization, changing lifestyle, and several other factors are influencing the growth of the microwave packaging market. There is a huge demand for reusable and recyclable sustainable products for packaging, which has fuelled the development of this market.
Microwave Packaging Market Key Players
Latest Announcements by Market Leaders
- In March 2024, Dr. Maurizio Crippa, GR3N Founder and Chief Executive Officer, expressed, “This is another step ahead for GR3N, as it will allow us to increase our capacity and then test the material that we can produce with our polymerization line, for several applications.”
Recent Developments
- In March 2025, Resonac Corporation and Microwave Chemical Co., Ltd. collaborated to establish plastic raw material manufacturing technology that does not rely on fossil resources.
- In March 2024, GR3N announced the launch of an industrial demonstration plant for its Microwave Assisted DEpolymerization (MADE) recycling technology.
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