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The global perforated packaging film market size reached approximately USD 22.32 billion in 2023. The market is estimated to grow at a CAGR of 4.80% in the forecast period of 2024-2032, reaching a value of around USD 29.37 billion by 2032.
Perforated packaging film is a packaging material that is made of plastic and contains small holes or perforations that serve different purposes. These holes allow the penetration of moisture, keep the food fresh for a longer duration, and extend the shelf life of food products.
Based on film type, the market is divided into polyethylene terephthalate, polypropylene, and polyethylene, among others. The perforated packaging film market segmentation, on the basis of technology, includes laser perforation and needle perforation.
Based on application, the market is classified into fruits and vegetables, bakery and confectionery, seafood, meat and poultry, and dairy, among others. The major regional markets of perforated packaging film include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the perforated packaging film market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Laser perforation occupies a significant portion of the perforated packaging film market share as it offers precise control over the size of holes. This technology also reduces the possibility of errors and provides a fast perforation rate, which speeds up the packaging film production process.
It also offers the facility to perforate any material, which further provides a positive market outlook. Additionally, laser perforation technology finds widespread application in the development of perforated packaging for fruits and vegetables to retain their fresh quality.
As per the perforated packaging film market analysis, North America accounts for a substantial share of the global market, due to the high demand for processed and packaged food in the region. Increased technological innovations in food packaging, coupled with the surge in demand for fresh food products, also offer lucrative opportunities to the market.
Similarly, the Asia Pacific is expected to witness robust growth in the forecast period, owing to the changing consumer lifestyle and growth of the e-commerce sector.
Amcor Plc, established in 1896, is a global packaging company, with its headquarters in Zurich, Switzerland. The company offers innovative product packaging for the food and beverage, medical, pharmaceutical, and personal care sectors, among others.
Bolloré Group, founded in 1822, is a provider of transportation, logistics, and industrial solutions. The company, headquartered in Puteaux, France, is known for its recyclable bi-oriented polyethylene films, and ultra-thin films, among others.
Jiaxing Reliable Packaging Technology Co., Ltd. is a manufacturer of packaging and containers, incorporated in 2016. Its speciality includes polyolefin shrink films, shrink package machines, barrier films, and barrier shrink films, among others.
Other perforated packaging film market players include Aera SA, KM Packaging Services Ltd., Yorkshire Packaging Systems Ltd., Helion Industries, Specialty Polyfilms India Pvt. Ltd., Transcontinental Inc., and Penguin Plastics, among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Film Type |
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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Perforated Packaging Film Market Size
Perforated Packaging Film Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 22.32 billion.
The market is projected to grow at a CAGR of 4.80% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 29.37 billion by 2032.
The major market drivers are the growing demand for food packaging, the increasing popularity of processed food, and rising disposable income.
The key trends of the market include the growth of cardboard-based perforated packaging film solutions, the growing application of perforated films in air fresheners, and the integration of advanced technologies such as AI, machine learning, and robotics in the perforation process.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Various film types are polyethylene terephthalate, polypropylene, and polyethylene, among others.
The key players in the market are Jiaxing Reliable Packaging Technology Co., Ltd., Specialty Polyfilms India Pvt. Ltd., Yorkshire Packaging Systems Ltd., KM Packaging Services Ltd. ,Helion Industries, Transcontinental Inc., Penguin Plastics, Bolloré Group, Amcor Plc, Aera SA, Others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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