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Micro-perforated Food Packaging Market Size, Growth Factors, Competitive Landscape and Regional Outlook 2028

10-10-2022 01:13 PM CET | Health & Medicine

Press release from: Introspective Market Research

Micro-perforated Food Packaging Market Size, Growth Factors,

Market Overview:
The 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%

Micro-perforated food packaging refers to the product's enclosed process with a micro-perforated film containing small holes. These holes give the product extended shelf life and help retain moisture so that the food stays fresh and is not inhibited by microorganisms. Therefore, many manufacturers use hot and cold micro-puncture packaging depending on product requirements. Usually, food packaging with micro-perforations is made using laser technology. With the change of wavelength, the number of holes can be changed to make food packaging micro-perforated.

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Market dynamics:
Driver:
The demand for Micro-perforated Food Packaging is increasing sharply along with population growth and the demand for fresh food. With the rapid urbanization in Asia-Pacific, the demand for packaged fresh food is increasing rapidly. In addition, rising disposable income in developing countries is driving the consumption of packaged foods in these regions. In addition, thanks to the advantages that Micro-perforated Food Packaging offers, packaged foods can be easily transported over long distances without changing food properties.

Opportunities:
The need for biodegradable films for micro-perforations will be higher than for food packaging. Many prominent companies in the micro-perforated film market are focusing on biodegradable films to be more environmentally friendly by reducing packaging waste. Uflex Ltd. of India, one of the major players in the production of micro-perforated films, has partnered with Perfotec B.V. and takes advantage of biodegradable membranes under the brand name "Flexfresh". It controls the level of bacteria inside the film after conditioning using naturally generated CO2. Bolloro Films, a subsidiary of the Bolloré Group, is also seizing the opportunity of micro-perforated biodegradable films and is expected to experience significant growth during the forecast period.

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Segmentation Analysis of Micro-perforated Food Packaging Market:
Material Insights:
By Material, Micro-perforated Food Packaging market is segmented into Polyethylene, Polypropylene, Polyethylene terephthalate (PET) and Others. In this segment, Polyethylene segment is accounted for the largest segment with the market share of 35.45% and estimated to have a market size of USD 792.87 million in the year 2026 with the CAGR of 5.76%.

Application Insights:
By Application, Micro-perforated Food Packaging market is segmented into Fruits & Vegetables, Bakery & Confectionary, Ready-to-eat, and Others. In this segment, Fruits & Vegetables segment is accounted for the largest segment with market share due to the increased usage of films and laminates as packing materials.

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By Type
• Polyethylene
• Polypropylene
• PET
• Others
By Application
• Fruits & vegetables
• Bakery & confectionery
• Ready-to-eat
• Others

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

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Players Covered in Micro-perforated Food Packaging Market are:
• Sealed Air
• COVERIS
• Amcor Limited
• Mondi plc
• Ultraperf Technologies
• KM Packaging Services Ltd
• Bolloré Group
• Amerplast
• Uflex Ltd

Table of Content:
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application
Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing
Chapter 4: Micro-perforated Food Packaging Market by Type
 4.1 Micro-perforated Food Packaging Market Overview Snapshot and Growth Engine
 4.2 Micro-perforated Food Packaging Market Overview
 4.3 Polyethylene
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Polyethylene: Grographic Segmentation
 4.4 Polypropylene
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Polypropylene: Grographic Segmentation
 4.5 PET
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size (2016-2028F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 PET: Grographic Segmentation
 4.6 Others
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size (2016-2028F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Others: Grographic Segmentation
Chapter 5: Micro-perforated Food Packaging Market by Application
 5.1 Micro-perforated Food Packaging Market Overview Snapshot and Growth Engine
 5.2 Micro-perforated Food Packaging Market Overview
 5.3 Fruits & vegetables
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Fruits & vegetables: Grographic Segmentation
 5.4 Bakery & confectionery
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Bakery & confectionery: Grographic Segmentation
 5.5 Ready-to-eat
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Ready-to-eat: Grographic Segmentation
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Grographic Segmentation
To Be Continued…….

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About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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