Packaginghas been become a vital constituent of modern life due to the ease of transportation, storage and inclination of the consumer towards a wide usage of packaged products. Micro perforated films for packaging are those films which carries pores or holes of various diameters that have been specifically infused to extend shelf life of products such as vegetables, poultry products etc. Packaging film without pores and holes are not suitable to pack food products such as meat products, vegetables, fruits since such products decays with change in atmospheric temperature and without controlled respiratory rates. Micro respiratory film packaging enables controlled respiratory and balances temperature of those products packed within with the outer atmospheric temperature.
Micro perforated film for packaging market- Market Dynamics:
One of the significant factors triggering the growth of micro perforated films for packaging market is the consumer preference for packaged food due to the fast lifestyle, convenience and health issues. Moreover, another factor towards the growth of modern retail format and increasing inclination of consumer towards e-commerce for procuring of various consumable items due to change in lifestyle and mindset which is influencing for an effective packaging solution that can preserve the food from being decaying due to formation of bacteria and increase the shelf life. Another important factor towards the growth of micro perforated film for packaging market is the increasing industry of meat products, consumer now prefer fresh meat products which are processed, cleaned and from hygienic outlet and for packaging of such meat products micro perforated film is used for packaging.
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Presence of chemicals in manufacturing of micro perforated films for packaging which can prove to be harmful for human health, ban in plastic products are few factors which can restraint the growth of micro perforated film for packaging
Micro perforated film for packaging market- Market Segmentation:
Micro perforated film for packaging can be segmented on the basis of application, types of packaging, and types of films
On the basis of application micro perforated film for packaging market can be segmented into:-
On the basis of type of packaging micro perforated film for packaging market can be segmented into:-
On the basis of types of films micro perforated film for packaging market can be segmented into:-
Micro perforated PET (heat sealable)
Micro perforated BOPP
Micro perforated LDPE
Micro perforated HDPE
Micro perforated CPP
Micro perforated PVC
Micro perforated Laminates
Micro perforated film for packaging market - Regional Outlook:
Geographically, the micro perforated film for packaging market can be segmented into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). The growth of micro perforated film for packaging market is expected to witness a healthy CAGR over the forecast period of 2016-2024. North America is the leading market for micro perforated film for packaging due to the sole reason that it has large number of industries which deals with processed meats and foods, as the common population of that region diets consist of mainly processed foods and meat products and such a high demand drives the growth of micro perforated film for packaging followed by Europe. Moreover, Asia Pacific is expected to witness a high growth of micro perforated film for packaging market over the forecast period due to increase in establishments of modern retail outlet so as the processed food and meat products industries. In MEA, micro perforated film for packaging market is growing and over the forecast period it will be an established industry with good returns.
Micro perforated film for packaging market - Major Players:
Some of the major players identified across the globe in the micro perforated film for packaging market are 3M Company, A-ROO Company LLC, Now Plastics, Helion Industries, LaserSharp FlexPak Services, Amerplast, ULTRAPERF, Ajover S.A., Amcor Limited,