The future of the global micro-perforated film market looks promising with opportunities in the fresh fruits & vegetable, bakery & confectionary, and ready-to-eat food markets. The global micro-perforated film market is expected to reach an estimated $2.1 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are shifting trends towards greater utilization of perforated films within the personal care and food sectors, rising number of retail chains in developing countries, and increase in consumer disposable incomes and economic progress.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the micro-perforated film
market by type (polyethylene (PE), polypropylene (PP), polyethylene
terephthalate (PET), and others), material (fresh fruits & vegetables,
bakery & confectionary, ready-to-eat food, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
polyethylene (PE), polypropylene (PP), and polyethylene terephthalate (PET) are
the major segments of micro-perforated film market by material. Lucintel
forecasts that polyethylene (PE) will remain the largest segment over the
forecast period because of extensive use in food packaging applications owing
to its array of advantageous attributes, including exceptional transparency,
resistance to punctures, affordability, impressive tensile strength, and
superior resistance to impacts.
Within this market,
fresh fruits & vegetable will remain the largest segment over the forecast
period due to widespread utilization of the films for packaging fresh products,
preserving product freshness throughout the food distribution process, as well
as, usage of these films helps in extending the shelf life of products.
North America will
remain the largest region over the forecast period due to surge in demand for
convenience foods, bolstered by economic advancements and increased disposable
incomes, along with technological innovations in the packaging sector, and
rising consumer preference for healthier and more convenient food options.
Mondi, Amcor, Sealed
Air, Bollore, TCL Packaging, Coveris Holdings, Now Plastics, Aera, Amerplast,
and Uflex are the major suppliers in the micro-perforated film market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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