What is the current Micro Perforated Films Market size?

The Micro Perforated Films Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029) Read More

Who are the key players in Micro Perforated Films Market?

Bollore Group, Helion Industries , Jiangyin Bairuijia Plastics Science & Technology Co., Ltd , Aera and Penguin Plastics are the major companies operating in the Micro Perforated Films Market. Read More

Which is the fastest growing region in Micro Perforated Films Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Micro Perforated Films Market?

In 2024, the Asia Pacific accounts for the largest market share in Micro Perforated Films Market. Read More

What years does this Micro Perforated Films Market cover?

The report covers the Micro Perforated Films Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Micro Perforated Films Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Micro Perforated Films Market Trends

Statistics for the 2023 & 2024 Micro Perforated Films market trends, created by Mordor Intelligence™ Industry Reports. Micro Perforated Films trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Micro Perforated Films Industry

This section covers the major market trends shaping the Micro Perforated Films Market according to our research experts:

Increasing Application in Fruits & Vegetable Packaging

Micro-perforated films are the films that have holes at equal distances that allow air to circulate between the product and the external environment. This prevents the build-up of vapor inside the packaging.
This application of micro-perforated films helps to preserve fruits & vegetables and allows them to stay fresh for longer periods of time.
Micro-perforated films help to increase the shelf life of the fruits & vegetables and also preserves the quality of the food stored inside.
Micro-perforated films are made of different types of polymer materials like polyethylene terephthalate, polypropylene, polyethylene, and a few other types with polyethylene accounting for the largest share.
India's packaging industry is the fifth-largest in the world and is growing at about 22-25% per year as per the Plastics Industry Association of India 2019.
Hence, owing to the growing demand for fresh fruits & vegetables, the demand for micro perforated films is expected to increase over the forecast period.

Understand The Key Trends Shaping This Market

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Asia-Pacific Region to Dominate the Market

Asia-Pacific region is expected to dominate the market for micro-perforated films during the forecast period. Due to the high demand application from countries like China, India, and Japan the market for micro-perforated films has been increasing.
The largest producers of micro-perforated films are located in the Asia-Pacific region. Some of the leading companies in the production of micro-perforated films are Bollore Group, Ajover S.A.S, Jiangyin Bairuijia Plastics Science & Technology Co., Ltd, Aera, and Penguin Plastics.
About 296 Approved Cold Chain Projects in the food processing industry have been approved in India as in May 2019 creating an increasing application of micro-perforated films for packaging.
Additionally, with the growing demand for ready-to-eat food across the Asia-Pacific region due to the increasing working population, the demand for micro-perforated films is growing in the region.
The aforementioned factors, coupled with government support, are contributing to the increasing demand for micro-perforated films market during the forecast period.