Exploring the Growth Trajectory and Innovations in the Micro-perforated Food Packaging Market
According to the current analysis Market Size – USD 1,674.76 Million in 2021, Market Growth - CAGR of 5.41%, Market Trends –the increasing demand from electronics industry is widening the scope for Micro-perforated Food Packaging Market.
According to the current analysis of Introspective Market Research, the global Micro-perforated Food Packaging Market was valued at USD 1,674.76 Million in 2021 and is expected to reach USD 2,421.73 Million by the year 2028, at a CAGR of 5.41%.
Micro-perforated food packaging is a type of perforated packaging that contains micro holes, which allow gas interpenetrate to maintain the rate of respiration of food products. Micro-perforation requires the puncturing of packaging films with holes ranging from a diameter of 30 mm to 200 mm. In addition, it has been emerged to improve product freshness and shelf-life, therefore, reducing food waste. Micro perforation is extensively found on materials used for packaging fresh bakery, fruit, and vegetable products including bags and films. According to the Food and Agriculture Organization reported that between 45 and 55% of all food and beverages produced worldwide are lost or wasted along the supply chain. Therefore, the rising demand for fresh and quality packaged food, consumer convenience, and manufacturers' concern for the longer shelf life of the food products is driving the market for active and smart packaging technology for food Markets.
Speedy development in retail chains, paired with rising consciousness about healthy food intake, is expected to improve product need over the forecast timeframe. The market is also driven by an increase in inclination to ready-to-eat and other trendy food items. Change in the frame of mind of shoppers in created nations for suppers that are anything but difficult to get ready, delightful, and fast has raised interest in prepared-to-eat items. The vast majority of these items perforated packaging, including packs, films, and bags. Brisk decay and degeneration related to ready-to-eat fresh-cut fruits and vegetables have been improving the requirement for micro-perforated packaging solutions. Different benefits provided by micro-perforated packaging are thereby expanding the growth of the global micro-perforated food packaging market considerably.
Get a Sample Copy of the Report at - Market Segmentation
Global Micro-perforated Food Packaging Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;
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%. Although, the polypropylene segment is estimated to be the fastest growing segment in the forecast period with the CAGR of 5.94%.
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. Influence of consumers for the good quality packaging and the choice of healthy lifestyle is increasing the market for the Micro-perforated Food Packaging market.
Market Segment by Regions and Countries Level Analysis:
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
If You Have Any Query of 3D Food Printing Market Report : 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
Explore Our Trending Reports :
Smart Food Bin
Cosmetic Serum
Automotive Oil Tempered Spring Steel Wire
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 clie
According to the current analysis Market Size – USD 1,674.76 Million in 2021, Market Growth - CAGR of 5.41%, Market Trends –the increasing demand from electronics industry is widening the scope for Micro-perforated Food Packaging Market.
According to the current analysis of Introspective Market Research, the global Micro-perforated Food Packaging Market was valued at USD 1,674.76 Million in 2021 and is expected to reach USD 2,421.73 Million by the year 2028, at a CAGR of 5.41%.
Micro-perforated food packaging is a type of perforated packaging that contains micro holes, which allow gas interpenetrate to maintain the rate of respiration of food products. Micro-perforation requires the puncturing of packaging films with holes ranging from a diameter of 30 mm to 200 mm. In addition, it has been emerged to improve product freshness and shelf-life, therefore, reducing food waste. Micro perforation is extensively found on materials used for packaging fresh bakery, fruit, and vegetable products including bags and films. According to the Food and Agriculture Organization reported that between 45 and 55% of all food and beverages produced worldwide are lost or wasted along the supply chain. Therefore, the rising demand for fresh and quality packaged food, consumer convenience, and manufacturers' concern for the longer shelf life of the food products is driving the market for active and smart packaging technology for food Markets.
Speedy development in retail chains, paired with rising consciousness about healthy food intake, is expected to improve product need over the forecast timeframe. The market is also driven by an increase in inclination to ready-to-eat and other trendy food items. Change in the frame of mind of shoppers in created nations for suppers that are anything but difficult to get ready, delightful, and fast has raised interest in prepared-to-eat items. The vast majority of these items perforated packaging, including packs, films, and bags. Brisk decay and degeneration related to ready-to-eat fresh-cut fruits and vegetables have been improving the requirement for micro-perforated packaging solutions. Different benefits provided by micro-perforated packaging are thereby expanding the growth of the global micro-perforated food packaging market considerably.
Get a Sample Copy of the Report at - Market Segmentation
Global Micro-perforated Food Packaging Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;
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%. Although, the polypropylene segment is estimated to be the fastest growing segment in the forecast period with the CAGR of 5.94%.
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. Influence of consumers for the good quality packaging and the choice of healthy lifestyle is increasing the market for the Micro-perforated Food Packaging market.
Market Segment by Regions and Countries Level Analysis:
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
If You Have Any Query of 3D Food Printing Market Report : 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
Explore Our Trending Reports :
Smart Food Bin
Cosmetic Serum
Automotive Oil Tempered Spring Steel Wire
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 clie
11 months ago