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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Perforated Packaging Film Market Size
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.
Key Trends in the Market
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.
- The rising demand for perforated packaging film solutions that offer a cost-effective and eco-friendly alternative to plastic packaging is one of the prominent perforated packaging film market trends. Perforated packaging providers are utilising waste cardboard for the production of packaging solutions to reduce waste.
- Perforated packaging also offers the option of customisation to improve the overall package design and provide the visual identity of brands on packages.
- Perforated packaging film also finds growing application in air fresheners, where it provides the ability to control the amount of fragrance that can be released in the surroundings, further contributing to the perforated packaging film market growth.
- Integration of advanced technologies such as AI, machine learning, and robotics in the perforation process to optimise perforation patterns and increase the production speed of perforated packaging film is also a crucial trend aiding the market.
Perforated Packaging Film Market Report Snapshots
Perforated Packaging Film Market Size
Perforated Packaging Film Market Analysis
Perforated Packaging Film Market Share
Perforated Packaging Film Companies
*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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Key Questions Answered in the Report
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