New York, NY -- (SBWIRE) -- 02/23/2021 -- There has been an increase in the use of micro-perforated films in food and packaging. An increasing need for reduction in food spoilage and the adoption of new packaging formats by emerging economies are the key factors contributing to the high CAGR of Micro-Perforated films during the forecast period.

Market Size – USD 1.27 Billion in 2018, Market Growth - CAGR of 4.1%, Market Trends – Increase in application of micro-perforated films in food and beverage packing.

According to the current analysis of Reports and Data, the global Micro-Perforated Film Market was valued at USD 1.27 Billion in 2018 and is expected to reach USD 1.75 Billion by the year 2026, at a CAGR of 4.1%. In packaging, along with protective functionality, the packaging material is expected to let the product breathe, which is not facilitated by most of the packaging material. However, micro-perforated films provide a solution to this issue. In Micro-perforated technology, the film is pierced with grids of pin-sized holes, thus adding a longer shelf-life and other functionalities to a wide range of products from commercial to daily household products. Micro-perforated films reduce the spoilage of food products and enable them to stay fresh for a more extended period.

The Global Micro-Perforated Film Market Report 2027 published by Reports and Data to its ever expanding database covers critical data about the technological evolution, market share, market size, current and emerging trends, growth opportunities, current market situation, government regulations, limitations, threats, and challenges of the market. The report is an all-inclusive document covering the impacts of COVID-19 on the economy as well as demand of the market. The report provides a study of the present as well as future impact of the COVID-19 crisis on the overall market. The study also benefits the players by providing a concise and effective strategy to strengthen their footing in the market.

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 The competitive landscape of the market offers significant insight into the key market players operating in the Micro-Perforated Film market. The segment covers market share, product portfolio, pricing analysis, and strategic business decisions taken by each market player. The report also includes the strategic steps and initiatives undertaken by the companies to combat the impact of the pandemic. The major companies explored in the report are  Mondi(Austria), Amcor Limited (Australia), Sealed Air Corporation (U.S), Bollore Group (France), Uflex Ltd (India), TCL Packaging (UK), Coveris Holdings S.A. (US), Amerplast (Finland), Aera (France), Now Plastics (US)

The report offers a comprehensive study of the regional bifurcation of the market and provides insightful data about the regulatory framework, current and emerging market trends, opportunities, supply-demand ratio, production and consumption volume, and the import/export ratio in each region. It also evaluates the presence of each market player in the region and strategic initiatives taken by the companies to gain a robust presence in the region. The regional segmentation covers country-wise analysis of the market and includes:

North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The research report on the global Micro-Perforated Film market offers extensive analysis of the product spectrum and application scope of the business landscape. Based on the product type, the Micro-Perforated Film market is split into:

Material Type (Revenue in USD Million; Volume in Kilo Tons 2016–2026)

Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Others

Applications Type (Revenue in USD Million; Volume in Kilo Tons 2016–2026)

Fresh Fruits and Vegetables
Bakery & Confectionary
Ready-to-eat Foods
Others

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Key findings of the report:

Historical and current trends of the market
Factors likely to influence the dynamics of the market
Growth assessment of various market segments throughout the forecast period
Regional and global analysis of the market players including their market share, revenue contribution, and global position
Growth strategies adopted by key market players to combat the impact of COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Micro-Perforated Film market
Strategic recommendations to the established market players and emerging companies

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 To summarize, the report provides insightful data regarding every aspect of the market to enable the players to gain a competitive edge. The report comprises of data and information gathered from extensive primary and secondary research and is validated and verified by industry experts and professionals. The data provides reliable statistics for the period of 2020-2027 organized in the form of tables, charts, graphs, diagrams, and other graphical representations.

Table of Content:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
    3.1. Customization and innovations in micro-perforated films market
    3.2. Increase in adoption of micro-perforated films across the globe
    3.3. Government rules & regulations on the usage of plastic
    3.4. Environmental concerns
Chapter 4. Micro-Perforated Films Segmentation & Impact Analysis
    4.1. Micro-Perforated Films Segmentation Analysis
    4.2. Micro-Perforated Films Market Value Chain Analysis, 2016-2026
    4.3. Regulatory framework
    4.4. Micro-Perforated Films Market Impact Analysis
          4.4.1. Market driver analysis
                  4.4.1.1. Increase in improving the life of products
                  4.4.1.2. Increasing demand for micro-perforated films in food packaging
          4.4.2. Market restraint analysis
                  4.4.2.1. Environmental Concerns
                  4.4.2.2. Usage of plastic products for food & Beverages applications.
    4.5. Key opportunities prioritized
    4.6. Micro-Perforated Films Pricing Analysis
    4.7. Industry Analysis - Porter's
    4.8. Micro-Perforated Films PESTEL Analysis

Continue…

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