openPR Logo
Press release

Micro Perforated Films For Packaging Market will Register a CAGR of 5.3% through 2026

01-29-2018 12:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Micro Perforated Films For Packaging Market will Register a CAGR

Rapidly expanding retail sector incites manufacturers to adopt advanced packaging solutions. Leading food and beverage makers from around the world are constantly looking out for packaging materials that fit to their requirements. In developed countries, more than half of the world’s fresh vegetables, fruits and agricultural produced are delivered in packaged format. A key aspect while packaging such goods is selection of material that will be in direct contact with the product. This process, which is also called primary packaging, paves way for purposeful use of micro perforated films.

Future Market Insights believes that in the future, the demand for micro perforated films in packaging industry will surge at a steady pace. In its latest report, Future Market Insights predicts that by the end of 2026, the global market for micro perforated films for packaging will be valued at US$ 1,908.5 Mn, The global micro perforated films for packaging market is presently valued over US$ 1,100 Mn, and is anticipated to register a 5.3% CAGR in terms of value. During this forecast period, the report anticipates higher contribution of North America. In 2017 and beyond, North America’s micro perforated films packaging market will dominate by procuring over 26% of global revenues. On the other hand, the market for micro perforated films for packaging in Asia-Pacific excluding Japan (APEJ) region will garner fastest revenue growth, registering a value CAGR of 5.4%.

Request to Sample Report - https://www.futuremarketinsights.com/reports/sample/rep-gb-2114

According to the report, titled “Micro Perforated Films for Packaging Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” the market will witness higher sales of BOPP materials. Based on the global demand, over one-third of global micro perforated films packaging revenues procured in 2016 were accounted by BOPP materials. PET materials are also expected to gain traction as raw materials used in micro perforated films for packaging. The report also projects that towards the end of forecast period, nearly half of the global market revenues will be accounted by wrap or roll packaging.

Laser perforation is being anticipated to remain as the largest technology used in production of micro perforated films for packaging. By procuring more than two-third share on global sales of micro perforated films for packaging, laser perforation technology will register revenue growth at 6.1% CAGR. In context with an insight mentioned earlier, fruits & vegetable packaging will remain the largest application of micro perforated films through forecast period. Application of micro perforated films for packaging of bakery & confectionary products will also gain traction, bringing in more than US$ 530 Mn by 2026-end. The report also profiles leading manufacturers of micro perforated films packaging, among which, Amcor Limited and Sealed Air Corporation will be recognised as dominant players. While nearly 90% of the market’s competitive landscape is likely to be fragmented, companies such as Mondi Group, Bollore Group, Uflex Ltd., TCL Packaging Limited, KOROZO Ambalaj San.ve Tic A.S., Darnel Group, Coveris Holdings SA, and NORDFOLIEN GmbH will continue to actively participate in growth of global market for micro perforated films in packaging.

Request Report TOC @ https://www.futuremarketinsights.com/askus/rep-gb-2114

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Micro Perforated Films For Packaging Market will Register a CAGR of 5.3% through 2026 here

News-ID: 920414 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and