Press release
Micro-Perforated Films Market growing at a CAGR of 4.08% through 2025
Micro-perforated films are flexible films having micro perforations used for packaging providing the opportunity to modify the oxygen transfer rate of packaging in accordance with the packaged product. Most stationary experimental systems are used for calculating the permeability of micro-perforated films, since the flow of gas through the perforation majorly follows gas diffusion mechanisms. Micro-perforated films with one and three perforations are expected to provide ample O2 and CO2 equilibrium concentrations.
Demand Scenario
The global micro-perforated films market was USD 1.27 billion in 2018 and is estimated to reach USD 1.68 billion by 2025 at a CAGR of 4.08% during the forecast period
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Growth by Region
North America leads the market owing to high consumption of micro-perforated films in the region which is further attributed to the high disposable incomes, rise in demand for convenience food, enhancement in economic conditions, and rise in consumption of packaged food. Moreover, growing demand for healthier and convenience food products, technological improvements and inventions in the packaging industry, along with the greater penetration of retail formats are also expected to drive the market in the region.
APAC will be the fastest-growing market because of its favourable and cost-effective manufacturing environment, noteworthy consumer base, varying lifestyles, and expansion of multichannel retail formats. Furthermore, growing awareness towards the consumption of healthier and convenience food products, as well as rising exports of agricultural products to various countries are also driving the micro-perforated films market in the APAC region.
Drivers and Restraints
The global micro-perforated films market is witnessing growth owing to the rise in the use of micro-perforated films in food packaging applications. Budding need for the reduction of food spoilage and growing adoption of different retail formats in emerging countries is expected to drive the market. Moreover, the necessity to keep food products fresh and spread their shelf life across the supply chain is also likely to support the demand for micro-perforated films. However, vulnerability to contamination acts as a restraint to the market.
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Industry Trends and Updates
On the basis of material, Polypropylene (PE) micro-perforated films lead the material segment in 2018 owing to its extensive usage in food packaging applications due to properties, such as high transparency, high tensile strength, puncture resistance, superior impact strength, and cost-effectiveness. Based on application, fresh fruits & vegetables is estimated to be the largest segment due to the widespread use of micro-perforated films to pack fresh produce to keep the packed product fresh during the distribution of products because these helps in prolonging the shelf life of products, as the perforations help in balancing the O2 and CO2 levels due to the circulation of air, which prevents vapour formation.
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Demand Scenario
The global micro-perforated films market was USD 1.27 billion in 2018 and is estimated to reach USD 1.68 billion by 2025 at a CAGR of 4.08% during the forecast period
Request For Report Sample with Table of Contents @ https://www.trendsmarketresearch.com/report/sample/3923
Growth by Region
North America leads the market owing to high consumption of micro-perforated films in the region which is further attributed to the high disposable incomes, rise in demand for convenience food, enhancement in economic conditions, and rise in consumption of packaged food. Moreover, growing demand for healthier and convenience food products, technological improvements and inventions in the packaging industry, along with the greater penetration of retail formats are also expected to drive the market in the region.
APAC will be the fastest-growing market because of its favourable and cost-effective manufacturing environment, noteworthy consumer base, varying lifestyles, and expansion of multichannel retail formats. Furthermore, growing awareness towards the consumption of healthier and convenience food products, as well as rising exports of agricultural products to various countries are also driving the micro-perforated films market in the APAC region.
Drivers and Restraints
The global micro-perforated films market is witnessing growth owing to the rise in the use of micro-perforated films in food packaging applications. Budding need for the reduction of food spoilage and growing adoption of different retail formats in emerging countries is expected to drive the market. Moreover, the necessity to keep food products fresh and spread their shelf life across the supply chain is also likely to support the demand for micro-perforated films. However, vulnerability to contamination acts as a restraint to the market.
Request For Report Discounts @ https://www.trendsmarketresearch.com/report/discount/3923
Industry Trends and Updates
On the basis of material, Polypropylene (PE) micro-perforated films lead the material segment in 2018 owing to its extensive usage in food packaging applications due to properties, such as high transparency, high tensile strength, puncture resistance, superior impact strength, and cost-effectiveness. Based on application, fresh fruits & vegetables is estimated to be the largest segment due to the widespread use of micro-perforated films to pack fresh produce to keep the packed product fresh during the distribution of products because these helps in prolonging the shelf life of products, as the perforations help in balancing the O2 and CO2 levels due to the circulation of air, which prevents vapour formation.
Contact Us:
One Vincent Square
Westminster, London SW1P 2PN
United Kingdom
Email: sales@trendsmarketresearch.com
Website: https://www.trendsmarketresearch.com
About Us:
Trends Market Research is one of the leading digital services provider and a result-oriented
company based in U.K... We are a team of enthusiastic-driven individuals with top notch skills in SEO,
Market research. Trends Market Research is a one stop shop to all your business needs. We help you thrive and succeed.
We provide research solution.Our digital and enterprise research assurance solutions are ideal for Automotive & Transportation,
Electronics & Semiconductor, Chemicals & Materials, Healthcare, Pharmaceuticals & Medical Devices,
Food & Beverage and Industrial Automation as well as all type of other leading industries verticals.
We offer a vast line of in-depth study of industry trends including customized & client oriented specific requirement.
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