Global Micro-Perforated Films Market Analysis, 2024-2030

Micro-perforated films are made of materials like polyethylene, polypropylene, and polyethylene terephthalate etc. They are used in food industry widely as these films balance CO2 and O2 levels by avoiding vaporization or contact with external factors. Due to this property, food is protected from contamination. Micro-perforated films help to keep the food hygiene; thus, they are extensively used in packaging of fresh fruits, bakery, and ready to eat food packets etc.

The global micro-perforated films report shows the current market insights by conducting more than 325 hours of secondary and primary research. Nevertheless, the global micro-perforated films is broadening its borders throughout the world in terms of market share and market volume rapidly. The global micro-perforated films market is valued at US $ xxx million in 2018 which is expected to achieve a market valuation of US $ xxx million dollars by the end of the year 2023 growing at a steady growth rate of xx% annually.

These films are used in food industry on large scale. Micro-perforated films are used in packaging of fresh fruits, bakery, and ready to eat food packets etc. They are mainly used to keep the packed food fresh during distribution till consumption. Micro perforated films are capable of balancing O2 and CO2 levels. Thus, they help to keep food products and consumables safe up to certain weeks after packing. Food is not infected by fungus or any other bacteria due to such covering. Due to the rise in population globally as well as increase in the per capita income of consumers, there has been an increase in the demand for packaged food worldwide, which has in turn resulted in increase in demand for micro-perforated films.

The major impediments facing the growth of micro-perforated films market is the fact that they are not fully biodegradable and have low consumption rate. The environmental hazards posed by micro perforated films not being bio-degradable have led to slight reduction in its demand across various regions that are following environmentally-friendly policies.

The regions that mainly dominate micro perforated films market are APAC, North America, Europe, Middle East and Africa, and lastly South America. These geographical regions include countries such as China, India, Japan, South Korea, US, Mexico, Canada, Germany, UK, Italy, France, Netherland, Saudi Arabia, UAE, South Africa, Argentina, and Brazil.

The companies that are major players in global micro-perforated films market are Mondi, Amcor Limited, Sealed Air corporation, Bollore Group, Uflex Ltd, TCL packaging, Coveris Holdings S.A., Amerplast, Aera, and Plastics.

Our Approach

The research process includes the market segmentation of the global micro-perforated films market followed by identifying the growth factors affecting every segment and conducting market forecast. Market forecasts are conducted here by taking the opinions of the business leaders across the industry. Market Krystal therefore carried out more than 40 interviews devoted to this study, the details of the same are enclosed below:

By company type:

Manufacturers (45%), Suppliers (20%), Consumers (25%), Researchers (5%), Independent industry consultant (5%)

By geography:

North America (40%), Asia (25%), Europe (35%)

By designation:

Top level (45%), Operation level (30%), Mid-level (25%)

Contents of the report:

• Insights on the global micro-perforated films industry dynamics
• Estimation of the current global micro-perforated films market size in terms of value and volume.
• Global micro-perforated films market breakup based on material (polyethylene, polypropylene, polyethylene terephthalate), application (ready-to-eat foods, bakery & confectionery, fruits & vegetables), and geography (North America, Europe, Asia-Pacific, Middle East, Africa & Latin America)
• Substantiated global micro-perforated films market forecast for the next five years
• Comprehensive analysis of the key companies working across different nodes of global micro-perforated films industry value chain