Global Perforated Packaging Film Market Report 2019-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Global Perforated Packaging Film Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The global perforated packaging film market to grow at a CAGR of 7.51% during the period 2019-2023.
Global Perforated Packaging Film Market 2019-2023 has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. This market research report offers a comprehensive analysis of the market segmentation by technology (laser perforation, and needle perforation).
The confectionery market in the US is expected to grow at a CAGR of 2% during the next five years. Since, micro-perforated PP packaging films are the most commonly used films for packing confectionery products, the growth of the US confectionery market will be a key trend driving the perforated packaging film market growth.
According to the report, one of the major drivers for this market is the growing European imports of frozen foods. The use of perforated packaging film can increase the shelf life of frozen foods such as fruits and vegetables by 4-6 days. This reduces the chances of food wastage due to spoilage which leads to increased adoption of perforated packaging film for import of European frozen foods from developing countries as well as countries within Europe.
Further, the report states that one of the major factors hindering the growth of this market is the volatility in price of raw materials such as polypropylene (PP), low-density polyethylene (LDPE), biaxially-oriented polypropylene (BOPP), and biaxially-oriented polyethylene terephthalate (BOPET). This price volatility increases the operating costs of the perforated packaging film vendors, which in turn hampers market growth.
Key vendorsAmcor Mondi Sealed Air Transcontinental Uflex
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Market Landscape
Part 04: Market Sizing
Part 05: Five Forces Analysis
Part 06: Market Segmentation By Technology
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/kb67vz/global_perforated?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005737/en/
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INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS PACKAGING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/06/2018 11:39 AM/DISC: 11/06/2018 11:39 AM