Global Micro-perforated Food Packaging Market was valued at USD 1.67 Billion in 2021 and is expected to reach USD 2.42 Billion by the year 2028, at a CAGR of 5.41%. Analysis Period(2023-30)
Micro-perforated Food Packaging refers to the process where the product is packed with a micro-perforated film that has miniature holes present in it. These holes help the product to have an extended shelf-life and helps retaining the moisture so that the food stays fresh and no micro-organisms inhibit in it. Hence, many manufacturers are seen using the hot and cold micro-perforation packaging according to the requirement of the product. Usually, the Micro-perforated Food Packaging is done by using laser technology. With the change in wavelength, the number of perforations can be changed helping the Micro-perforated Food Packaging.
Leading companies reviewed in the Micro-perforated Food Packaging Market report are:
- Sealed Air
- COVERIS
- Amcor Limited
- Mondi plc
- Ultraperf Technologies
- KM Packaging Services Ltd
- Bolloré Group
- Amerplast
- Uflex Ltd
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The latest research on the Micro-perforated Food Packaging market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Micro-perforated Food Packaging industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Micro-perforated Food Packaging market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Segmentation Analysis Of Micro-perforated Food Packaging Market:
Micro-perforated Food Packaging Market Segmentation Analysis By Type
- Polyethylene
- Polypropylene
- PET
- Others
Micro-perforated Food Packaging Market Segmentation Analysis By Application:
- Fruits & vegetables
- Bakery & confectionery
- Ready-to-eat
- Others
Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Salient Features of the Micro-perforated Food Packaging Market
- The approximate expected value for the Micro-perforated Food Packaging was USD 1507.26 million in 2019, and it is expected to reach USD 2171.75 million by 2026.
- North-America holds the largest Micro-perforated Food Packaging market share and is dominating the market with the highest CAGR value of 5.46%.
- According to the United States Environmental Policy Agency, the States spends over USD 1 billion in a year for food waste disposal signifying the bulky usage of micro-perforated films.
- High presence of leading market players like Sealed Air Corporation and Coveris Holdings S.A. is increasing the growth of Micro-perforated Food Packaging market.
- Asia-Pacific is expected to register a high growth in the forecast period but due to some stringent rules of government for environment safety against excessive use of plastic might hamper the growth of the region.
Scope Of The Micro-perforated Food Packaging Market Research Report
Report Metric |
Details |
Market size available for years |
2017-2022 |
Base year considered |
2022 |
Forecast period |
2023-2030 |
Forecast units |
Billion (USD) |
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