Micro Perforated Food Packaging Market Worth Over US$ 2.0 Billion By 2026 | CAGR: 6.1%


The global micro perforated food packaging market size is expected to around USD 2.0 billion by 2026, the market is projected to grow with 6.1% CAGR during the forecast time period. Speedy development of the retail sector is one of the key factors driving micro perforated food packaging market growth.
Micro-perforated food packaging captures micro holes that allow gas permeation to maintain the rate of respiration of food products. This packaging deliver numerous benefits, comprising extended shelf life and moisture retention of food items. The enormous development of retail chains worldwide, due to shifting consumer preference regarding convenience goods, is anticipated to boost need for micro-perforated food packaging, worldwide.
Change in the frame of mind of shoppers in created nations for suppers that are anything but difficult to get ready, delightful, and fast has expanded interest for prepared to-eat items. The vast majority of these items perforated packaging, including packs, films, and bags. Brisk decay and degeneration related with ready-to-eat fresh-cut fruits and vegetables has been boosting the need for micro-perforated packaging solutions.
North America was largest market in terms of revenue in 2018, owing to augmented import of fruits and vegetables and high need for bakery and confectionery in this region. The North America micro-perforated food packaging sector is also driven by rising need for lightweight packaging solutions for food items. This growth is complemented by latest consumer trends, which have necessitated convenience in packaging items to facilitate their portability.
APAC’s grocery retail sector has been boosted by increasing populace and a dramatic surge in consumer expenditure. Also, many large format retailers in APAC region have enjoyed substantial development through growths, despite facing augmented competition from more emerged countries. While nations for instance India, Japan. India have developed as frontrunners in the food packaging sector in Asia Pacific, nations for instance, Thailand and Singapore have played a main role in consumption of packaging items, comprise of micro-perforated food packaging materials.
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The global micro perforated food packaging market is segmented into three major segment named material, application and region. On the basis of material the micro perforated food packaging market is segmented into Polyethylene, Polypropylene, PET, and Others. On the basis of application, the micro perforated food packaging market is segmented into fruits & vegetables, bakery & confectionery, ready-to-eat, and others. On the basis of region the global micro perforated food packaging market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Based on material type, polypropylene is anticipated to spectators table development over the forecast time frame due to growing need from food manufacturers. On the basis of application, the market is bifurcated into fruits & vegetables, bakery & confectionery, ready-to-eat, and others. Fruits & vegetables captures the largest market share with respect to revenue and captures around 48.8% in 2018, due to substantial need from retail stores. The rivalry is intense among key companies due to the fact that the items delivered by producers have low differentiation.
The grocery retail sector in Asia Pacific has witnessed a marvellous boost thanks to increasing population and an important rise in consumer spending. Furthermore, a numeral of large format retailers in this region have been witnessing the prominent development through expansions, despite stiff rivalry in more emerged nations. This has significantly increased the deployment of micro-perforated food packaging materials across businesses in APAC region.
North America captures the largest revenue share the global micro perforated food packaging market, the region acquires a revenue share of 32.6% in 2018. Plastic packaging sheets and films have been observing a rising need in North America region. Eradication of stringent regulations regarding production of these plastic products in the respective region has stimulated growth of new plastic manufacturing facilities.
The key players catering to the global micro perforated food packaging market are Amcor Limited, Mondi Plc, Bolloré Group, and Sealed Air. Others key players comprise of NOW Plastics, Uflex Ltd, Aera, TCL Packaging, Amerplast, COVERIS, and Intertape Polymer Group. Market participants compete principally on the basis of products and services offered, owing to presence of similar product offerings in the micro perforated food packaging market.
TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope 
       1.1.1. Definition of Micro Perforated Food Packaging
       1.1.2. Market Segmentation
       1.1.3. List of Abbreviations
1.2. Summary
       1.2.1. Market Snapshot
       1.2.2. Micro Perforated Food Packaging Market By Material
                 1.2.2.1. Global Micro Perforated Food Packaging Market Revenue and Growth Rate Comparison By Material (2015-2026)
                 1.2.2.2. Global Micro Perforated Food Packaging Market Revenue Share By Material in 2017
                 1.2.2.3. Polyethylene
                 1.2.2.4. Polypropylene
                 1.2.2.5. PET
                 1.2.2.6. Others
       1.2.3. Micro Perforated Food Packaging Market By Application
                 1.2.3.1. Global Micro Perforated Food Packaging Market Revenue and Growth Rate Comparison By Application (2015-2026)
                 1.2.3.2. Global Micro Perforated Food Packaging Market Revenue Share By Application in 2017
                 1.2.3.3. Fruits & vegetables
                 1.2.3.4. Bakery & confectionery
                 1.2.3.5. Ready-to-eat
                 1.2.3.6. Others
       1.2.4. Micro Perforated Food Packaging Market by Geography
                 1.2.4.1. Global Micro Perforated Food Packaging Market Revenue and Growth Rate Comparison by Geography (2015-2026)
                 1.2.4.2. North America Micro Perforated Food Packaging Market Revenue and Growth Rate (2015-2026)
                 1.2.4.3. Europe Micro Perforated Food Packaging Market Revenue and Growth Rate (2015-2026)
                 1.2.4.4. Asia-Pacific Micro Perforated Food Packaging Market Revenue and Growth Rate (2015-2026)
                 1.2.4.5. Latin America Micro Perforated Food Packaging Market Revenue and Growth Rate (2015-2026)
                 1.2.4.6. Middle East and Africa (MEA) Micro Perforated Food Packaging Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities 
2.4. Porter’s Five Forces Analysis
       2.4.1. Bargaining Power of Suppliers
       2.4.2. Bargaining Power of Buyers
       2.4.3. Threat of Substitute
       2.4.4. Threat of New Entrants
       2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
       2.6.1. Raw Material and Suppliers
       2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
       2.8.1. Player Positioning Analysis
       2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Micro Perforated Food Packaging Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Micro Perforated Food Packaging Major Manufacturers in 2017 
3.3. R&D Status and Technology Source of Global Micro Perforated Food Packaging Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Micro Perforated Food Packaging Major Manufacturers in 2017
CHAPTER 4. MICRO PERFORATED FOOD PACKAGING MARKET BY MATERIAL
4.1. Global Micro Perforated Food Packaging Revenue By Material
4.2. Polyethylene
       4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
       4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Polypropylene
       4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
       4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. PET
       4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
       4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.5. Others
       4.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
       4.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
CHAPTER 5. MICRO PERFORATED FOOD PACKAGING MARKET BY APPLICATION
5.1. Global Micro Perforated Food Packaging Revenue By Application
5.2. Fruits & vegetables
       5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
       5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Bakery & confectionery
       5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
       5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Ready-to-eat
       5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
       5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.5. Others
       5.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
       5.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
CHAPTER 6. NORTH AMERICA MICRO PERFORATED FOOD PACKAGING MARKET BY COUNTRY
6.1. North America Micro Perforated Food Packaging Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. North America Micro Perforated Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
       6.3.1. U.S. Micro Perforated Food Packaging Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       6.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.4. Canada
       6.4.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       6.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.5. Mexico 
       6.5.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       6.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 7. EUROPE MICRO PERFORATED FOOD PACKAGING MARKET BY COUNTRY
7.1. Europe Micro Perforated Food Packaging Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Europe Micro Perforated Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK 
       7.3.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       7.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4. Germany
       7.4.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       7.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.5. France
       7.5.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       7.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.6. Spain
       7.6.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       7.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.7. Rest of Europe
       7.7.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       7.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC MICRO PERFORATED FOOD PACKAGING MARKET BY COUNTRY
8.1. Asia-Pacific Micro Perforated Food Packaging Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Asia-Pacific Micro Perforated Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China 
       8.3.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       8.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4. Japan 
       8.4.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       8.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5. India 
       8.5.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       8.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6. Australia 
       8.6.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       8.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7. South Korea
       8.7.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       8.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.8. Rest of Asia-Pacific
       8.8.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       8.8.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 9. LATIN AMERICA MICRO PERFORATED FOOD PACKAGING MARKET BY COUNTRY
9.1. Latin America Micro Perforated Food Packaging Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Latin America Micro Perforated Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil 
       9.3.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       9.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4. Argentina 
       9.4.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       9.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5. Rest of Latin America
       9.5.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
       9.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 10. MIDDLE EAST MICRO PERFORATED FOOD PACKAGING MARKET BY COUNTRY
10.1. Middle East Micro Perforated Food Packaging Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Middle East Micro Perforated Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia 
         10.3.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
         10.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4. UAE 
         10.4.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
         10.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5. Rest of Middle East 
         10.5.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
         10.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 11. AFRICA MICRO PERFORATED FOOD PACKAGING MARKET BY COUNTRY
11.1. Africa Micro Perforated Food Packaging Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Africa Micro Perforated Food Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
         11.3.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
         11.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.4. Egypt
         11.4.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
         11.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.5. Rest of Africa
         11.5.1. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
         11.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Amcor Limited
         12.1.1. Company Snapshot
         12.1.2. Overview
         12.1.3. Financial Overview
         12.1.4. Product Portfolio
         12.1.5. Key Developments
         12.1.6. Strategies
12.2. Mondi Plc
         12.2.1. Company Snapshot
         12.2.2. Overview
         12.2.3. Financial Overview
         12.2.4. Product Portfolio
         12.2.5. Key Developments
         12.2.6. Strategies
12.3. Bolloré Group
         12.3.1. Company Snapshot
         12.3.2. Overview
         12.3.3. Financial Overview
         12.3.4. Product Portfolio
         12.3.5. Key Developments
         12.3.6. Strategies
12.4. Sealed Air
         12.4.1. Company Snapshot
         12.4.2. Overview
         12.4.3. Financial Overview
         12.4.4. Product Portfolio
         12.4.5. Key Developments
         12.4.6. Strategies
12.5. NOW Plastics
         12.5.1. Company Snapshot
         12.5.2. Overview
         12.5.3. Financial Overview
         12.5.4. Product Portfolio
         12.5.5. Key Developments
         12.5.6. Strategies
12.6. Uflex Ltd
         12.6.1. Company Snapshot
         12.6.2. Overview
         12.6.3. Financial Overview
         12.6.4. Product Portfolio
         12.6.5. Key Developments
         12.6.6. Strategies
12.7. Aera
         12.7.1. Company Snapshot
         12.7.2. Overview
         12.7.3. Financial Overview
         12.7.4. Product Portfolio
         12.7.5. Key Developments
         12.7.6. Strategies
12.8. TCL Packaging
         12.8.1. Company Snapshot
         12.8.2. Overview
         12.8.3. Financial Overview
         12.8.4. Product Portfolio
         12.8.5. Key Developments
         12.8.6. Strategies
12.9. Amerplast
         12.9.1. Company Snapshot
         12.9.2. Overview
         12.9.3. Financial Overview
         12.9.4. Product Portfolio
         12.9.5. Key Developments
         12.9.6. Strategies
12.10. COVERIS
           12.10.1. Company Snapshot
           12.10.2. Overview
           12.10.3. Financial Overview
           12.10.4. Product Portfolio
           12.10.5. Key Developments
           12.10.6. Strategies
12.11. Intertape Polymer Group
          12.11.1. Company Snapshot
          12.11.2. Overview
          12.11.3. Financial Overview
          12.11.4. Product Portfolio
          12.11.5. Key Developments
          12.11.6. Strategies
12.12. Others
          12.12.1. Company Snapshot
          12.12.2. Overview
          12.12.3. Financial Overview
          12.12.4. Product Portfolio
          12.12.5. Key Developments
          12.12.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
         13.1.1. Initial Data Search
         13.1.2. Secondary Research
         13.1.3. Primary Research
13.2. Assumptions and Scope
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