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Micro-Perforated Films Market Size

  • Report ID: GMI7373
  • Published Date: Nov 2023
  • Report Format: PDF

Micro-Perforated Films Market Size

Micro-Perforated Films Market was valued at around USD 1.72 billion in 2022 and is projected to grow at a CAGR of over 4.5% between 2023 and 2032. Micro-perforated films are packaging materials with tiny perforations or holes that allow for controlled airflow and moisture exchange. These films are commonly used in various industries, including food packaging, to extend the shelf life of fresh products like fruits and vegetables.

 

Micro-Perforated Films Market

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The growth of micro-perforated films is driven by the increasing demand for extended shelf life and improved freshness in perishable goods, the need to reduce food waste, and the sustainability benefits associated with reducing the use of non-perforated plastic films in packaging applications.

 

Quality control and consistency pose a significant pitfall for the micro-perforated films industry. Variability in perforation size or distribution can lead to issues with product freshness and shelf life, impacting consumer trust and brand reputation. Maintaining rigorous quality standards is essential to overcome this challenge.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for micro-perforated films was worth around USD 1.72 billion in 2022 and is projected to reach USD 2.65 billion by 2032 due to the rising demand for extended shelf life and improved freshness in perishable goods.

The fresh fruits and vegetables segment accounted for around 45% of the micro-perforated films market revenue share in 2022 and is expected to record robust growth through 2032 owing to increasing usage to preserve the freshness of the food products.

U.S. market size for micro-perforated films was worth USD 443.4 million in 2022 and is expected to expand at a notable CAGR from to 2032 owing to the robust economy, the growing demand for extended shelf life in perishable goods, and the heightened focus on sustainable packaging solutions.

Some of the major micro-perforated film companies are Amcor plc, Bemis Company, Inc., Coveris Holdings S.A., DuPont de Nemours, Inc., Exxon Mobil Corporation, Futamura Chemical Co., Ltd., Innovia Films, Siegwerk Druckfarben AG & Co. KGaA, and Sonoco Products Company among others.

Micro-Perforated Films Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 136
  • Countries covered: 20
  • Pages: 180
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