Micro-Perforated Films Market Insights
Micro-Perforated Films Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The increasing demand for micro-perforated films by end-use industries for convenient-packaged food drives the market globally.
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Micro-Perforated Films Market - Snapshot
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Growth
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5.2% for the next five years
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Major Material Type
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PE
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Dominant Application Type
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Fresh fruits & vegetables
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Region with the highest demand
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North America
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Key Players
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Tcl Packaging, Coveris Holdings, Korozo Ambalaj San.Ve Tic A.S., Helion Industries, Darnel Inc., A-Roo Company LLC, Lasersharp Flexpak Services, NG Plastics Limited, and SPecialty Polyfilms Pvt. Ltd.
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Market Share Analysis
Micro-Perforated Films Market Share: By Material Type
Based on the material type, the market is segmented as PE, PP, PET, and others. The PE segment dominated the market in 2018. It is also estimated to have the highest growth in the coming five years, owing to its exceptional properties, such as economical price and easy recyclability.
Micro-Perforated Films Market Share: By Application Type
Based on the application type, the market is segmented as fresh fruits & vegetables, bakery & confectionary, ready-to-eat-food, and others. The fresh fruits & vegetables segment led the market in 2018, and is also expected to have the fastest growth during the forecast period. The growth is due to the changing lifestyles and convenience for packaged and ready-to eat food.
Micro-Perforated Films Market Share: By Region
In terms of regions, North America is expected to be the largest market for micro-perforated films in the coming five years. The market is driven by the growing use of packaged food and the presence of micro-perforated film manufacturers in the region. Europe and Asia-Pacific are also likely to offer substantial growth opportunities during the forecast period.
Micro-Perforated Films Market: Key Players
Some of the micro-perforated film manufacturers are Tcl Packaging, Coveris Holdings, Korozo Ambalaj San.Ve Tic A.S., Helion Industries, Darnel Inc., A-Roo Company LLC, Lasersharp Flexpak Services, NG Plastics Limited, and SPecialty Polyfilms Pvt. Ltd.
Market Scope & segmentation
Micro-Perforated Films are covering films that are used to cover up packages in such a way that no air is accumulated in it. This type of packaging is done in order to keep in the ingredients inside the package fresh.
Micro-Perforated Films are made up of different materials such as PE, PP, PET, and others. Fresh fruits, vegetables, bakery, ready-to-eat food items, and similar others are the application areas where micro-perforated films are used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Micro-Perforated Films Market Report - Features
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Market Segmentation
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3
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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9
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The micro-perforated films market is segmented into the following categories.
Micro-Perforated Films Market Size, Share & Forecast, by Material Type:
- PE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- PP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- PET (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Micro-Perforated Films Market Size, Share & Forecast, by Application Type:
- Fresh Fruits & Vegetables (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Bakery & Confectionary (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Ready-To-Eat-Food (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Micro-Perforated Films Market Size, Share & Forecast, Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the material types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
