Transparency Market Research in its new report titled, “Micro-perforated Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the micro-perforated films market. The TMR report anticipates that rise in need for increased shelf life of products in end-use industries such as medical and food will drive the micro-perforated films market during the forecast period i.e, 2018-2026.
The TMR report has segregated the micro-perforated films market in terms of material, product type, application, and region. On the basis of material, the micro-perforated films market is divided into polypropylene, polyethylene, polyethylene terephthalate and others. Micro-perforated films are majorly produced from polyethylene and polypropylene. They are also manufactured using materials with high barrier properties that create improved atmospheric conditions for packaged products. Perforated materials such as the polymers do not allow control or selectivity of gas exchange, while modified atmosphere packaging produced from high barrier materials can be modified considering the respiratory activity of the produce.
In terms of product type, the Micro-Perforated Films Market is divided into: ready-to-eat packaging films, microwaveable films, bread bags, agricultural films and others. On the basis of application, the micro-perforated films market is classified into food & beverages (meat & fish, fruits & vegetables, bakery & confectionery and others), agriculture and others. Micro-perforated films allow air to flow between the external environment and the packaged product. 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. Micro-Perforated film reduces moisture loss in applications such as bakery and confectioneries, thus increasing the shelf life of these products.
From a regional perspective, the global micro-perforated films market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, Asia Pacific, especially China, holds major share of the global micro-perforated films market. The market in Asia Pacific is projected to witness high growth due to the rise in need for food owing to the growth in population in the region. China was one of the leading producers and consumers of micro-perforated films in 2017. It is anticipated to dominate the global micro-perforated films market during the forecast period. The micro-perforated films market in North America and Europe is expected to be hampered due to the implementation of stringent government norms on the usage of plastic products, especially in food and pharmaceutical applications.
Major players operating in the micro-perforated films market are profiled in this report to give a better competitive analysis and these include Helion Industries, AERA, Polymeric films & Bags Inc. and NG PLASTICS LTD.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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