Micro-perforated Food Packaging Market Overview

Global Micro-perforated Food Packaging Market was valued at USD 1.67 Billion in 2021 and is expected to reach USD 2.42 Billion by the year 2028, at a CAGR of 5.41%

Micro-perforated Food Packaging refers to the process where the product is packed with a micro-perforated film that has miniature holes present in it. These holes help the product to have an extended shelf-life and helps retaining the moisture so that the food stays fresh and no micro-organisms inhibit in it. Hence, many manufacturers are seen using the hot and cold micro-perforation packaging according to the requirement of the product. Usually, the Micro-perforated Food Packaging is done by using laser technology. With the change in wavelength, the number of perforations can be changed helping the Micro-perforated Food Packaging.

According to the analyst, the major driving factors for the Micro-perforated Food Packaging market size 2020 is expected to be USD 1585.60 million due to the increasing disposable income of the consumers and the urbanization in the country, the demand for quality packaging is increasing. Hence, increasing the growth of Micro-perforated Food Packaging. The advantage of doing the transportation over long distances and different advantages of the market is also propelling the growth of it.    

By the end of 2027, the Micro-perforated Food Packaging market size is estimated to be at USD 2292.77 million owing to the rising population and the change in lifestyle of the people are inclining them towards the quality packaging for the food products that Micro-perforated Food Packaging offers. Although, the stringent rules and regulation of government for environmental safety against using the plastics might hamper the growth of the market.

The Micro-perforated Food Packaging market is segmented by Material (Polyethylene, Polypropylene, PET and Others), by Application (Fruits & Vegetables, Bakery & Confectionary, Ready-to-eat, and Others). Micro-perforated Food Packaging market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.

Impact of COVID-19 on Micro-perforated Food Packaging Market

The pandemic hit the globe with no warning impacting the economy of every country majorly. The safety precautions taken by the government by the means of imposing lockdown has severely affected the market economy. The shortage of raw materials and the loss of man-power has decreased Micro-perforated Food Packaging market of many manufacturing companies. Although, due to the lockdown, people were purchasing the processed food and canned food products in bulk- increasing Micro-perforated Food Packaging market for food and packaging industry. Hence, the huge demand for the packaged food with a long shelf-life has increased the market for Micro-perforated Food Packaging.   

Market Segmentation

Global Micro-perforated Food Packaging Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;

Segmentation Analysis of Micro-perforated Food Packaging Market:

Material Insights:

By Material, Micro-perforated Food Packaging market is segmented into Polyethylene, Polypropylene, Polyethylene terephthalate (PET) and Others. In this segment, Polyethylene segment is accounted for the largest segment with the market share of 35.45% and estimated to have a market size of USD 792.87 million in the year 2026 with the CAGR of 5.76%. Although, the polypropylene segment is estimated to be the fastest growing segment in the forecast period with the CAGR of 5.94%.

Application Insights:

By Application, Micro-perforated Food Packaging market is segmented into Fruits & Vegetables, Bakery & Confectionary, Ready-to-eat, and Others. In this segment, Fruits & Vegetables segment is accounted for the largest segment with market share due to the increased usage of films and laminates as packing materials. Influence of consumers for the good quality packaging and the choice of healthy lifestyle is increasing the market for the Micro-perforated Food Packaging market.

Players Covered in Micro-perforated Food Packaging Market are:

• Sealed Air
• COVERIS
• Amcor Limited
• Mondi plc
• Ultraperf Technologies
• KM Packaging Services Ltd
• Bolloré Group
• Amerplast
• Uflex Ltd

Among other players domestic and global, Micro-perforated Food Packaging market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Our analysts understand competitive strengths and provide competitive analysis for competitor separately

Salient Features of the Micro-perforated Food Packaging Market

The approximate expected value for the Micro-perforated Food Packaging was USD 1507.26 million in 2019, and it is expected to reach USD 2171.75 million by 2026.

• North-America holds the largest Micro-perforated Food Packaging market share and is dominating the market with the highest CAGR value of 5.46%.
• According to the United States Environmental Policy Agency, the States spends over USD 1 billion in a year for food waste disposal signifying the bulky usage of micro-perforated films.
• High presence of leading market players like Sealed Air Corporation and Coveris Holdings S.A. is increasing the growth of Micro-perforated Food Packaging market.
• Asia-Pacific is expected to register a high growth in the forecast period but due to some stringent rules of government for environment safety against excessive use of plastic might hamper the growth of the region.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Micro-perforated Food Packaging Market by Type
 4.1 Micro-perforated Food Packaging Market Overview Snapshot and Growth Engine
 4.2 Micro-perforated Food Packaging Market Overview
 4.3 Polyethylene
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Polyethylene: Grographic Segmentation
 4.4 Polypropylene
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Polypropylene: Grographic Segmentation
 4.5 PET
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size (2016-2028F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 PET: Grographic Segmentation
 4.6 Others
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size (2016-2028F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Others: Grographic Segmentation

Chapter 5: Micro-perforated Food Packaging Market by Application
 5.1 Micro-perforated Food Packaging Market Overview Snapshot and Growth Engine
 5.2 Micro-perforated Food Packaging Market Overview
 5.3 Fruits & vegetables
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Fruits & vegetables: Grographic Segmentation
 5.4 Bakery & confectionery
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Bakery & confectionery: Grographic Segmentation
 5.5 Ready-to-eat
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Ready-to-eat: Grographic Segmentation
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Grographic Segmentation

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Positioning
  6.1.2 Micro-perforated Food Packaging Sales and Market Share By Players
  6.1.3 Industry BCG Matrix
  6.1.4 Ansoff Matrix
  6.1.5 Micro-perforated Food Packaging Industry Concentration Ratio (CR5 and HHI)
  6.1.6 Top 5 Micro-perforated Food Packaging Players Market Share
  6.1.7 Mergers and Acquisitions
  6.1.8 Business Strategies By Top Players
 6.2 SEALED AIR
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Operating Business Segments
  6.2.5 Product Portfolio
  6.2.6 Business Performance
  6.2.7 Key Strategic Moves and Recent Developments
  6.2.8 SWOT Analysis
 6.3 COVERIS
 6.4 AMCOR LIMITED
 6.5 MONDI PLC
 6.6 ULTRAPERF TECHNOLOGIES
 6.7 KM PACKAGING SERVICES LTD
 6.8 BOLLORÉ GROUP
 6.9 AMERPLAST
 6.10 UFLEX LTD

Chapter 7: Global Micro-perforated Food Packaging Market Analysis, Insights and Forecast, 2016-2028
 7.1 Market Overview
 7.2 Historic and Forecasted Market Size By Type
  7.2.1 Polyethylene
  7.2.2 Polypropylene
  7.2.3 PET
  7.2.4 Others
 7.3 Historic and Forecasted Market Size By Application
  7.3.1 Fruits & vegetables
  7.3.2 Bakery & confectionery
  7.3.3 Ready-to-eat
  7.3.4 Others

Chapter 8: North America Micro-perforated Food Packaging Market Analysis, Insights and Forecast, 2016-2028
 8.1 Key Market Trends, Growth Factors and Opportunities
 8.2 Impact of Covid-19
 8.3 Key Players
 8.4 Key Market Trends, Growth Factors and Opportunities
 8.4 Historic and Forecasted Market Size By Type
  8.4.1 Polyethylene
  8.4.2 Polypropylene
  8.4.3 PET
  8.4.4 Others
 8.5 Historic and Forecasted Market Size By Application
  8.5.1 Fruits & vegetables
  8.5.2 Bakery & confectionery
  8.5.3 Ready-to-eat
  8.5.4 Others
 8.6 Historic and Forecast Market Size by Country
  8.6.1 U.S.
  8.6.2 Canada
  8.6.3 Mexico

Chapter 9: Europe Micro-perforated Food Packaging Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Polyethylene
  9.4.2 Polypropylene
  9.4.3 PET
  9.4.4 Others
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Fruits & vegetables
  9.5.2 Bakery & confectionery
  9.5.3 Ready-to-eat
  9.5.4 Others
 9.6 Historic and Forecast Market Size by Country
  9.6.1 Germany
  9.6.2 U.K.
  9.6.3 France
  9.6.4 Italy
  9.6.5 Russia
  9.6.6 Spain

Chapter 10: Asia-Pacific Micro-perforated Food Packaging Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Polyethylene
  10.4.2 Polypropylene
  10.4.3 PET
  10.4.4 Others
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Fruits & vegetables
  10.5.2 Bakery & confectionery
  10.5.3 Ready-to-eat
  10.5.4 Others
 10.6 Historic and Forecast Market Size by Country
  10.6.1 China
  10.6.2 India
  10.6.3 Japan
  10.6.4 Southeast Asia

Chapter 11: South America Micro-perforated Food Packaging Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Polyethylene
  11.4.2 Polypropylene
  11.4.3 PET
  11.4.4 Others
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Fruits & vegetables
  11.5.2 Bakery & confectionery
  11.5.3 Ready-to-eat
  11.5.4 Others
 11.6 Historic and Forecast Market Size by Country
  11.6.1 Brazil
  11.6.2 Argentina

Chapter 12: Middle East & Africa Micro-perforated Food Packaging Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Polyethylene
  12.4.2 Polypropylene
  12.4.3 PET
  12.4.4 Others
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Fruits & vegetables
  12.5.2 Bakery & confectionery
  12.5.3 Ready-to-eat
  12.5.4 Others
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Saudi Arabia
  12.6.2 South Africa

Chapter 13 Investment Analysis

Chapter 14 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. MICRO-PERFORATED FOOD PACKAGING MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. MICRO-PERFORATED FOOD PACKAGING MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. MICRO-PERFORATED FOOD PACKAGING MARKET COMPETITIVE RIVALRY
TABLE 005. MICRO-PERFORATED FOOD PACKAGING MARKET THREAT OF NEW ENTRANTS
TABLE 006. MICRO-PERFORATED FOOD PACKAGING MARKET THREAT OF SUBSTITUTES
TABLE 007. MICRO-PERFORATED FOOD PACKAGING MARKET BY TYPE
TABLE 008. POLYETHYLENE MARKET OVERVIEW (2016-2028)
TABLE 009. POLYPROPYLENE MARKET OVERVIEW (2016-2028)
TABLE 010. PET MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. MICRO-PERFORATED FOOD PACKAGING MARKET BY APPLICATION
TABLE 013. FRUITS & VEGETABLES MARKET OVERVIEW (2016-2028)
TABLE 014. BAKERY & CONFECTIONERY MARKET OVERVIEW (2016-2028)
TABLE 015. READY-TO-EAT MARKET OVERVIEW (2016-2028)
TABLE 016. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA MICRO-PERFORATED FOOD PACKAGING MARKET, BY TYPE (2016-2028)
TABLE 018. NORTH AMERICA MICRO-PERFORATED FOOD PACKAGING MARKET, BY APPLICATION (2016-2028)
TABLE 019. N MICRO-PERFORATED FOOD PACKAGING MARKET, BY COUNTRY (2016-2028)
TABLE 020. EUROPE MICRO-PERFORATED FOOD PACKAGING MARKET, BY TYPE (2016-2028)
TABLE 021. EUROPE MICRO-PERFORATED FOOD PACKAGING MARKET, BY APPLICATION (2016-2028)
TABLE 022. MICRO-PERFORATED FOOD PACKAGING MARKET, BY COUNTRY (2016-2028)
TABLE 023. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY TYPE (2016-2028)
TABLE 024. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY APPLICATION (2016-2028)
TABLE 025. MICRO-PERFORATED FOOD PACKAGING MARKET, BY COUNTRY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA MICRO-PERFORATED FOOD PACKAGING MARKET, BY TYPE (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA MICRO-PERFORATED FOOD PACKAGING MARKET, BY APPLICATION (2016-2028)
TABLE 028. MICRO-PERFORATED FOOD PACKAGING MARKET, BY COUNTRY (2016-2028)
TABLE 029. SOUTH AMERICA MICRO-PERFORATED FOOD PACKAGING MARKET, BY TYPE (2016-2028)
TABLE 030. SOUTH AMERICA MICRO-PERFORATED FOOD PACKAGING MARKET, BY APPLICATION (2016-2028)
TABLE 031. MICRO-PERFORATED FOOD PACKAGING MARKET, BY COUNTRY (2016-2028)
TABLE 032. SEALED AIR: SNAPSHOT
TABLE 033. SEALED AIR: BUSINESS PERFORMANCE
TABLE 034. SEALED AIR: PRODUCT PORTFOLIO
TABLE 035. SEALED AIR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. COVERIS: SNAPSHOT
TABLE 036. COVERIS: BUSINESS PERFORMANCE
TABLE 037. COVERIS: PRODUCT PORTFOLIO
TABLE 038. COVERIS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. AMCOR LIMITED: SNAPSHOT
TABLE 039. AMCOR LIMITED: BUSINESS PERFORMANCE
TABLE 040. AMCOR LIMITED: PRODUCT PORTFOLIO
TABLE 041. AMCOR LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. MONDI PLC: SNAPSHOT
TABLE 042. MONDI PLC: BUSINESS PERFORMANCE
TABLE 043. MONDI PLC: PRODUCT PORTFOLIO
TABLE 044. MONDI PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. ULTRAPERF TECHNOLOGIES: SNAPSHOT
TABLE 045. ULTRAPERF TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 046. ULTRAPERF TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 047. ULTRAPERF TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. KM PACKAGING SERVICES LTD: SNAPSHOT
TABLE 048. KM PACKAGING SERVICES LTD: BUSINESS PERFORMANCE
TABLE 049. KM PACKAGING SERVICES LTD: PRODUCT PORTFOLIO
TABLE 050. KM PACKAGING SERVICES LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. BOLLORÉ GROUP: SNAPSHOT
TABLE 051. BOLLORÉ GROUP: BUSINESS PERFORMANCE
TABLE 052. BOLLORÉ GROUP: PRODUCT PORTFOLIO
TABLE 053. BOLLORÉ GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. AMERPLAST: SNAPSHOT
TABLE 054. AMERPLAST: BUSINESS PERFORMANCE
TABLE 055. AMERPLAST: PRODUCT PORTFOLIO
TABLE 056. AMERPLAST: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. UFLEX LTD: SNAPSHOT
TABLE 057. UFLEX LTD: BUSINESS PERFORMANCE
TABLE 058. UFLEX LTD: PRODUCT PORTFOLIO
TABLE 059. UFLEX LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. MICRO-PERFORATED FOOD PACKAGING MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. MICRO-PERFORATED FOOD PACKAGING MARKET OVERVIEW BY TYPE
FIGURE 012. POLYETHYLENE MARKET OVERVIEW (2016-2028)
FIGURE 013. POLYPROPYLENE MARKET OVERVIEW (2016-2028)
FIGURE 014. PET MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. MICRO-PERFORATED FOOD PACKAGING MARKET OVERVIEW BY APPLICATION
FIGURE 017. FRUITS & VEGETABLES MARKET OVERVIEW (2016-2028)
FIGURE 018. BAKERY & CONFECTIONERY MARKET OVERVIEW (2016-2028)
FIGURE 019. READY-TO-EAT MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA MICRO-PERFORATED FOOD PACKAGING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE MICRO-PERFORATED FOOD PACKAGING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA MICRO-PERFORATED FOOD PACKAGING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA MICRO-PERFORATED FOOD PACKAGING MARKET OVERVIEW BY COUNTRY (2016-2028)