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Micro-Perforated Food Packaging Market Report 2022 | Growth Rate, Trends, Industry Share, Size and Forecast till 2027
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What is the current size of the micro-perforated food packaging market?
The global micro-perforated food packaging market reached a value of US$ 1.43 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.83 Billion by 2027, exhibiting a CAGR of 4.12% during 2022-2027.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What is micro-perforated food packaging market?
A micro-perforated film is a polymeric film containing micro holes that exchange gasses for keeping the foods fresh. It is manufactured using polyethylene terephthalate (PET), Polyethylene (PE), and polypropylene (PP), which exhibit low temperatures and high respiratory effects. It enhances moisture retention, reduces the growth of microorganisms, and extends the shelf life of the product. Owing to these properties, micro-perforated films are utilized for packaging biodegradable-based food products, such as fruits, vegetables, ready-to-eat (RTE), and bakery products.
What are the major drivers for the micro-perforated food packaging market?
The market is primarily driven by the increasing demand for convenience and ready-to-eat (RTE) food products with longer shelf life and portability. Micro-perforated food packaging is widely used for storing and transporting fresh food over long distances while preserving food quality. In line with this, the surging demand for non-toxic packaging material that extends shelf-life and is free of toxins and allergens is positively influencing the market growth.
Moreover, micro-perforated food packaging also assists in preventing spillage, tampering, contamination, and loss of vital nutrients. Besides this, the market is also propelled by the introduction of green packaging solutions that assist in reducing environmental impact and carbon footprint. Other factors, including the escalating demand for fruits and vegetables due to growing health awareness and the inflating disposable incomes of individuals, are propelling the market growth.
Get the table of contents with all detailed information: https://www.imarcgroup.com/micro-perforated-food-packaging-market
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Material:
• Polyethylene (PE)
• Polypropylene (PP)
• Polyethylene Terephthalate (PET)
• Others
Breakup by Application:
• Fruits and Vegetables
• Bakery and Confectionery
• Ready-to-eat
• Others
By Geography:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
List of Major Key Players:
• Aera SA
• Amcor plc
• Amerplast Ltd. (Hanmere Polythene Ltd.)
• Berry Global Inc.
• Bolloré Group
• Coveris
• KM Packaging Services Ltd.
• Mondi plc
• Sealed Air Corporation
• SRF Limited
• TCL Packaging
• UFlex Limited
• Ultraperf Technologies Inc.
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Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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