Micro-perforated Food Packaging Market Size, Share and Trends Analysis By Type, By Application
Micro-perforated Food Packaging Market was valued at USD 1507.26 million in 2019 and is expected to reach USD 2171.75 million by the year 2026, at a CAGR of 5.41%. Micro-perforated Food Packaging is a polymeric film that is microperforated for exchange of gases in order to keep its contents (food) fresh over a period of time. The micro-perforations allow the optimum exchange of oxygen and carbon dioxide and help retain water vapours that facilitates food to remain fresh and extend its shelf-life. Laser technology is used make these perforations. With the change in the wavelength, the number of perforations can be changed and thus, the performance of the packaging film. The demand for Micro-perforated Food Packaging is substantially increasing with rising population and increasing need of fresh food. With rapid urbanization in Asia-Pacific, the demand for freshly packaged food is rapidly increasing. Also, rising disposable income in developing countries is boosting the consum...