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Global Perforated Packaging Films Market Insight January 13, 2022 Comments

Global perforated packaging films are forecast to 8.01% over the next five years. According to the WK-chem Research, “Global Perforated Packaging Films Professional Survey Report 2022, Forecast to 2027”, as the food and beverage industry increases the demand for film-based film packaging is also growing. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 8.01% base on WK-chem Research regression analysis model.

Analysts’ Viewpoint:
“The need to keep the food fresh and safe during storage, transportation, and display has been directly impacting the growth of perforated packaging film market”, said LIly Evans, Senior analyst, in WK-chem Research.

Market insight:
Demand for processed and packaged food can be attributed to rapidly changing lifestyle; urbanization as well as increasing disposable income among the middle-class families is a driving factor for the growth of perforated packaging film market. Increasing the number of modern retail format and the use of e-commerce for procuring consumable items is a driver for the perforated packaging film market. Low-cost characteristic of perforated packaging is also an opportunity for the perforated packaging film market.
Inability of perforated packaging to protect its product efficiently from the chemicals and physical damages is the main challenge for perforated packaging film market. Environmental impact of flexible plastic packaging is a restraint in growth of perforated packaging film market during the forecast period.

Competition Landscape:
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading perforated packaging films companies that include: Amcor plc、Now Plastics、Helion Industries、Amerplast、Ultraperf Technologies Inc.、Ajover SA、A-ROO Company LLC、LaserSharp FlexPak Services、3M、Uflex Ltd、Transcontinental Inc.、 Sealed Air, Mondi, Jiaxing Reliable Packaging Technology, Yorkshire Packaging Systems, THE NEW PACK, Sechea Packaging, Bollorà Films, Spg Packaging, KM Packaging Services Ltd.

Segmentation of Perforated Packaging Films Market:
According to the type, the market for perforated packaging films is divided into: laser perforation, punched hole and needle perforation. Needle perforation has the largest market share. Needle perforation also called micro-perforation to allow the product to breathe thereby improve their shelf life and other performance. The oxygen transfer rate can be adjusted using these films according to the full product. Paint-based packaging is one such solution that has already gained prominence and has an important role to play in reducing food wastage in retail outlets.
According to the application, the market for perforated packaging films is divided into: meat, cheese, fruits and vegetables, seafood and confectionery. Meat has the largest market share. This helps prevent the accumulation of vapor inside the packaging. It also allows the packaged product to remain fresh. The packaged product is also easy to handle and clean, and retains optimum hygiene conditions. Perforated packaging film reduces moisture loss in applications such as meat, thus increasing the shelf life of these products. Due to the high consumption of processed meat and packaged food in some western countries, the demand for perforated packaging film for meat dominates the market.

Perforated Packaging Films Market: Regional Analysis
In terms of geography, the global perforated packaging films market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. North America dominates the perforated packaging film market due to it has a high consumption of the processed meat and packaged food.

Cagr: 8.01%
Largest share area:North America

Largest share country:United States