Published Date: 2020-01-07 | Pages: Ongoing | Tables: Ongoing | Report ID: 8270 | Industry: Packaging |
Format :
Micro-perforated Food Packaging is gaining huge traction in the packaging industry as it helps in maintaining the freshness, quality, and structural integrity of the contents for an extended period of time. This type of packaging fulfills the need for lightweight packaging for various food products. As the demand for ready-to-consume fruit and vegetables is on the rise among consumers, most of manufacturers are opting for this type of packaging.
Booming Retail Sector to Spur the Micro-perforated Food Packaging Market Growth
Rapid growth of the retail sector is one of the significant reasons behind the growth of the Micro-perforated Food Packaging market. Moreover, benefits associated with Micro-perforated Food Packaging including extended shelf life and moisture retention are driving its demand among the end-user industries. Awareness among consumers regarding the importance of healthy food intake is also positively impacting the Micro-perforated Food Packaging market growth. Also, there has been a shift in the consumer preference towards convenience and ready-to-eat food products, thereby creating robust demand for Micro-perforated Food Packaging.
Portfolio Expansion to Emerge as a key Growth Strategy among Manufacturers
The report has studied the key companies operating in the global Micro-perforated Food Packaging market including Coveris Holdings S.A. (US), Mondi (Austria), Sealed Air Corporation (US), Uflex Ltd. (India), Bollore Group (France), TCL Packaging (UK), Aera (France), Amerplast (Finland), Utraperf Technologies, Amcor Limited (Australia), and Now Plastics.
Manufacturers are focusing on portfolio expansion with a wider range of materials so as to meet the growing customization needs among end users and maintaining the standards of sanitary food and beverage packaging. Additionally, they are entering into long-term agreements and collaborations with the food manufacturers to increase their sale and revenue.
Market Segmentation
By Material
● Polyethylene (PE)
● Polyethylene terephthalate (PET)
● Polypropylene (PP)
● Others
By End User
● Fruits & vegetables
● Ready-to-eat
● Bakery & confectionary
● Others
The usage of Polypropylene (PP) is expected to increase as a key material for the manufacturing of Micro-perforated Food Packaging on the back of huge demand from food manufacturers. The market analysts have anticipated that the application of Micro-perforated Food Packaging may witness a surge among fruits and vegetables. This is attributed to ever-increasing need for fresh produce, which is eventually compelling the manufacturers to come up with innovative packaging solutions.
By Region
Although development of new plastic manufacturing facilities and high demand for bakery and confectionery make North America a key region in the market, Asia Pacific could generate opportunities for the Micro-perforated Food Packaging manufacturers in the years to come. This is attributed to rapidly growing grocery retail industry in the region. Countries such as China, India, and Japan are considered the key contributors to the regional market growth.
Packaging is an indispensable part of every industry. It ensures protection of the product and even extends shelf life of the packaged items. Through the years, the packaging industry has undergone massive changes. From development of better, sturdier materials to changing outlooks toward designing environment-friendly materials, the packaging industry has witnessed some noteworthy changes.
The research reports on the packaging industry discuss the evolution of materials and the impact of changing consumer needs. Packaging solutions have constantly adopted newer technologies for providing consumers with safer perishables and keeping the products intact until delivered. Analysts have taken a granular view at the booming e-commerce sector and its influence on the packaging industry. We aim to provide the readers an in-depth and a comprehensive analysis of the packaging industry. Intricacies pertaining to food safety, environmental norms, and research and development of materials have been studied by analysts with a focused approach.
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We offer help and advice across varying time zones.
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For Enquiry : [email protected]
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