The global micro-perforated food packaging market size was estimated at USD 1.26 billion in 2017. Rapid growth in retail chains, coupled with rising consciousness regarding healthy food intake, is expected to drive product demand over the forecast period.The market is poised to register a CAGR of 5.7% from 2018 to 2025.
Micro-perforated food packaging is used for perishable food products, aiming to extend shelf life and improve moisture retention of the products. This is employed in various applications, including fruits and vegetables, bakery and confectionery, ready-to-eat meals, and meat and seafood packaging. Leading players in the market have capitalized on their prominent position and have been investing in long-term supply agreements with key food makers.
The food packaging industry, which considers micro-perforated materials as active packaging, is governed by various regulatory bodies globally. The framework specifies regulations for active and intelligent materials that come into contact with food. Some of the government bodies include the U.S. Food and Drug Administration (FDA) and the Japan Hygienic Olefin and Styrene Plastics Association. Furthermore, these regulations demand appropriate product labelling, which enables identification of non-edible parts by consumers.
Asia Pacific is anticipated to emerge as the most promising market over the forecast period. One of the major factors driving the regional market is thriving retail industry in countries such as China, India, Vietnam, Thailand, and Malaysia.
Polyethylene (PE) micro-perforated food packaging is the most widely used material type in the market. The segment accounted for 56.2% of the market in 2017. Extensive use of the material can be attributed to its versatility in a wide range of applications, along with its lightweight, non-toxic, and elastic properties.
From a manufacturing standpoint, application of PE micro-perforated packing solutions for food helps reduce costs owing to abundant availability of polyethylene. It also aids in reducing the overall weight of the package.
The polypropylene (PP) material type segment is expected to grow at the fastest rate over the forecast period. The material provides exceptional transparency to food products in retail stores, thereby making it a popular choice among consumers.
Fruits and vegetables was the largest application segment in the micro-perforated food packaging market in 2017, a segment that uses films and laminates as packing materials. Confluence of increased consumer incomes and year-round demand for fresh produce have encouraged manufacturers across the globe to develop innovative packaging solutions and offerings.
A trend gaining traction in the market is the use of bio-based materials, notably in the form of bio-degradable barrier films. This is done by employing novel gas packing technologies and oxygen absorbers (for oxygen-sensitive fruit-based and vegetable-based foods). PP films, in particular, have witnessed widespread adoption in the bakery and confectionery industry.Micro-perforations in these products are designed to help manufacturers in reducing wastage caused by dropping and bruising of packages.
Change in attitude of consumers in developed countries for meals that are easy to prepare, delicious, and quick has augmented demand for ready-to-eat products. Most of these products use micro-perforated packaging, including films, packs, and bags. Quick decomposition and degeneration associated with ready-to-eat fresh-cut fruits and vegetables has been driving demand for micro-perforated packaging solutions.
North America dominated the global market, acquiring a revenue share of 30.5% in 2017. Plastic packaging films and sheets have been witnessing a growing demand in North America. Elimination of stringent regulations concerning production of such plastic products in the region has encouraged development of new plastic manufacturing facilities.
The grocery retail industry in Asia Pacific has received a tremendous boost thanks to rising population and a significant increase in consumer spending. Moreover, a number of large format retailers in the region have been enjoying notable growth through expansions, despite stiff competition in more developed countries. This has significantly augmented use of micro-perforated food packaging materials across industries in Asia Pacific.
The market is characterized by presence of various major players, including Mondi Plc, Sealed Air, Bolloré Group, and Amcor Limited. Others prominent players include Uflex Ltd, TCL Packaging, COVERIS, Intertape Polymer Group, Amerplast, NOW Plastics, and Aera.
Market participants compete principally on the basis of products and services offered, owing to presence of similar product offerings in the market. While small- and medium-sized players have deployed competitive pricing as one of their key strategies, larger companies have capitalized on their deep-seated position and entered into long-term supply agreements with leading food makers in the industry.
Base year for estimation
Actual estimates/Historical data
2014 - 2016
2018 - 2025
Revenue in USD Million & CAGR from 2018 to 2025
North America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Revenue forecast, company share, competitive landscape, growth factors and trends
U.S., Germany, U.K., China, Japan, India, Brazil, UAE
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This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global micro-perforated food packaging market report based on material, application, and region:
Material Outlook (Revenue, USD Million, 2014 - 2025)
Application Outlook (Revenue, USD Million, 2014 - 2025)
Fruits & vegetables
Bakery & confectionery
Regional Outlook (Revenue, USD Million, 2014 - 2025)
Central & South America
Middle East & Africa
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