Global Perforated Packaging Film Market, By Product (Laser Perforation, Punched hole and Needle Perforation), Application (Meat, Cheese, Fruits and Vegetables, Seafood and Confectionery), Material Type (Polypropylene (PP), Polyethylene (PE) and Polyethylene Terephthalate (PET)), Perforation Size (Micro perforation and Macro perforation), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Perforated Packaging Film Market
Perforated packaging film market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market is expected to grow with a CAGR of 8.00% the above-mentioned forecast period. The need to keep the food fresh and safe during storage, transportation, and display has been directly impacting the growth of perforated packaging film market.
Micro-Perforated films are micro-perforation films used for packaging food, groceries, and other commercial products. Pin-shaped holes, also called micro-perforation to allow the product to breathe thereby improve their shelf life and other performance. The oxygen transfer rate can be adjusted using these films according to the full product. Paint-based packaging is one such solution that has already gained prominence and has an important role to play in reducing food wastage in retail outlets.
Perforated packaging is used to increase the shelf-life of an integrated product, where it ensures the desired amount of air distributed inside the package instead of blocking the air flow in the package. It has good perforations to allow the right amount of air to enter the bag to keep the products fresh and crusty. As the food and beverage industry increases the demand for film-based film packaging is also growing. Folded packaging wraps the product securely in a plastic cover. Using mechanized air packs the air can be adjusted to suit the oxygen transfer rate of the affected vegetables or fruits. It makes a product look new and increases its sales which in turn reduce the profitability of the product.
Demand for processed and packaged food can be attributed to rapidly changing lifestyle; urbanization as well as increasing disposable income among the middle-class families is a driving factor for the growth of perforated packaging film market. Increasing the number of modern retail format and the use of e-commerce for procuring consumable items is a driver for the perforated packaging film market. Low-cost characteristic of perforated packaging is also an opportunity for the perforated packaging film market.
Inability of perforated packaging to protect its product efficiently from the chemicals and physical damages is the main challenge for perforated packaging film market. Environmental impact of flexible plastic packaging is a restraint in growth of perforated packaging film market during the forecast period of 2021-2028.
This perforated packaging film market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research perforated packaging film market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
In February 2015, Rockwell Solutions unveiled a new line of laser-perforated light or hole-punched peelable lidding for the new product. The company has invested in new grades to meet the packaging needs of the fresh fruit market. Rockwell Solutions' PermaClear anti-fog technology will be used for new lines. This technology could be used to shut down any type of tray, reports packaging in Europe.
Perforated Packaging Film Market Scope and Market Size
Perforated packaging film market is segmented on the basis of product, application, material type, perforation size. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the perforated packaging film market is segmented into laser perforation, punched hole and needle perforation.
- Perforated packaging film market has also been segmented based on application into meat, cheese, fruits and vegetables, seafood and confectionery.
- Based on material type, the perforated packaging film market is segmented into polypropylene (PP), polyethylene (PE) and polyethylene terephthalate (PET).
- Based on perforation size, the perforated packaging film market is segmented into micro perforation and macro perforation.
Perforated Packaging Film Market Country Level Analysis
Perforated packaging film market is analysed and market size insights and trends are provided by country, product, application, material type, perforation size as referenced above.
The countries covered in the perforated packaging film market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the perforated packaging film market due to it has a high consumption of the processed meat and packaged food, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to rapidly changing regional lifestyle and an increase in number of modern retail outlets and consumption of processed meat and packaged food
The country section of the perforated packaging film market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Perforated Packaging Film Market Share Analysis
Perforated packaging film market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to perforated packaging film market.
The major players covered in the perforated packaging film market report are Amcor plc, Now Plastics, Helion Industries, Amerplast, Ultraperf Technologies Inc., Ajover S.A., A-ROO Company LLC, LaserSharp FlexPak Services, 3M, Uflex Ltd, Transcontinental Inc., Sealed Air, Mondi, Jiaxing Reliable Packaging Technology, Yorkshire Packaging Systems, THE NEW PACK, Sechea Packaging, Bollorà Films, Spg Packaging, K M Packaging Services Ltd are among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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