Micro perforated films provide a protective function against a wide range of factors and some packaged products require the ability to breathe. Micro perforated technology provides a solution to this issue by piercing films with grids of pin-sized holes, thereby adding shelf life and functionality to a wide range of commercial, medical and grocery products. According to an article by Germany trade and invest the food and beverage industry of Germany had a production value of USD 208.65 billion in the year 2015. Moreover, confectionary and snack product market was valued around USD 14.75 billion in the year 2015. According to an article published by international trade administration cold chain services that support distribution of perishable food items globally are expected to have a market valued approximately USD 250.0 billion in the year 2019. Hence, the growth in the food market will lead to the demand for packed food and will drive the micro perforated films market.
Global Micro Perforated Films for Packaging Market is expected to reach USD 1.70 billion by 2025, from USD 1.13 billion in 2017 growing at a CAGR of 5.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Competitors/Players:
3M, A-ROO Company, Now Plastics, Helion Industries, LaserSharp FlexPak Services, Amerplast, ULTRAPERF, Ajover, Amcor, LINPAC Plastics Ltd, Degradable polythene bag specialists, Specialty Polyfilms Pvt. Ltd., M/S. SATYAM INDUSTRIES, LC Packaging, Thermo-Pack Kunststoff-Folien GmbH, Ervisa. Among Others
Table of Contents:
2 Research Methodologies
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Compliance in Micro Perforated Films for Packaging Market
8 Micro Perforated Films for Packaging Market, By Service
9 Micro Perforated Films for Packaging Market, By Deployment Type
10 Micro Perforated Films for Packaging Market, By Organization Size
11 Micro Perforated Films for Packaging Market Analyses, By Vertical
12 Geographic Analyses
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The global Micro Perforated Films for Packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of Micro Perforated Films for Packaging market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
- Growth of the retail sector
- Increase in food delivery services
- Growth in supermarkets, hyper markets and local stores
- Low shell life of films
- Government regulations
Market Segmentation: Global Micro Perforated Films for Packaging Market
The global micro perforated films for packaging market is segmented based on
- material type,
- packaging type,
- technology type,
- geographical segments.
Based on material type, the global micro perforated films for packaging market is segmented into
On the basis of packaging type, the global micro perforated films for packaging market is classified into
On the basis of technology type, the global micro perforated films for packaging market is classified into
- mechanical perforation
- laser perforation.
On the basis of application, the global micro perforated films for packaging market is classified into
- ready-to-eat food,
- bakery and confectionary,
- frozen food,
- fresh fruits and vegetables,
- other food and flower packaging.
Based on geography, the global micro perforated films for packaging market report covers data points for 28 countries across multiple geographies namely
- North America & South America,
- Asia-Pacific and,
- Middle East & Africa.
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