TSince not all food products can be encased in ‘standard plastic’ or the common saran wraps, some of the food products with specific compositions require packaging with certain specifications to keep the product in the appropriate conditions. For example, fresh food and perishable goods, such as processed meat products and cut-fruit and vegetables, require packaging that allows the products to breathe.
ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET FORECAST 2019-2027
Asia Pacific Micro-perforated Food Packaging Market by Materials (Polyethylene (Pe), Polypropylene (Pp), Polyethylene Terephthalate (Pet), Others), by Applications (Fruits & Vegetables, Bakery & Confectionary, Ready-to-eat, Others)& by Geography.
Since not all food products can be encased in ‘standard plastic’ or the common saran wraps, some of the food products with specific compositions require packaging with certain specifications to keep the product in the appropriate conditions. For example, fresh food and perishable goods, such as processed meat products and cut-fruit and vegetables, require packaging that allows the products to breathe. In such cases, the companies make use of micro- and macro-perforations for packaging. This is a primary driver for the growth of the micro-perforated food packaging industry in the Asia Pacific market, whose growth has been quantified at 4.47% CAGR from 2019-2027.
China, India, Japan, Australia, South Korea & the collective countries that form the Rest of Asia Pacific segment are the major revenue contributors when the global market is bifurcated by geographical regions. The growing demand for better quality and fresh food products by the huge customer base of Asia Pacific has driven advancements in the micro-perforated food packaging market in the region. Features like low-cost labor and subsidy packages provided by the government are also driving the market growth in the Asia Pacific region. But the developments of modified atmosphere packaging delivers countless benefits that are preventing the loss of color and aroma of the food products. This scenario is raising the bar of product features and benefits for the micro-perforated market in the region.
There several contenders in the Asia Pacific market who are responsible for driving advancements in the market coupled with extensive revenue contributions. For instance, Mondi PLC, Sealed Air Corporation, KM Packaging Services Ltd., Coveris Management GmBH, Amcor Limited, TCL Packaging, Ultraperf Technologies Inc., Bolloré Group, Amerplast and Uflex Ltd. are such competing market players in the APAC.
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- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- INCREASE IN DEMAND FOR PACKAGING FROM END USERS
- DESIGNS FOR SMALLER HOUSEHOLDS AND TECHNOLOGIES THAT EXTEND SHELF LIFE OF PRODUCTS
- MARKET DYNAMICS
- MARKET SCOPE & DEFINITION
- MARKET DRIVERS
- GROWTH OF VEGETARIAN POPULATION
- NEW TECHNOLOGICAL DEVELOPMENTS IN MICRO-PERFORATIONS PACKAGING FOR MAJOR IMPROVEMENTS IN SHELF-LIFE OF PRODUCTS
- MARKET RESTRAINTS
- ALTERNATIVES FOR MICRO-PERFORATED FOOD PACKAGING
- STRINGENT ENVIRONMENTAL REGULATIONS RELATED TO PLASTIC MANUFACTURING
- MARKET OPPORTUNITIES
- PACKAGING OF PRODUCTS CAN HELP REDUCE WASTAGE OF FOOD
- DOWNSIZING OF PACKAGING
- MARKET CHALLENGES
- ISSUES RELATED TO RECYCLABILITY OF MATERIALS USED IN MICRO PERFORATED PACKAGING
- RISING COST OF PACKAGING
- GROWING AWARENESS ABOUT SUSTAINABLE PACKAGING
- MARKET BY MATERIALS
- POLYETHYLENE (PE)
- POLYPROPYLENE (PP)
- POLYETHYLENE TEREPHTHALATE (PET)
- OTHERS
- MARKET BY APPLICATIONS
- FRUITS & VEGETABLES
- BAKERY & CONFECTIONARY
- READY-TO-EAT
- OTHERS
- KEY ANALYTICS
- PORTER’S FIVE FORCE MODEL
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF BUYERS
- THREAT OF COMPETITIVE RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- LEGAL, POLICY & REGULATORY FRAMEWORK
- PORTER’S FIVE FORCE MODEL
- ASIA PACIFIC
- CHINA
- INDIA
- JAPAN
- AUSTRALIA
- SOUTH KOREA
- REST OF ASIA PACIFIC
- COMPETITIVE LANDSCAPE
- COMPANY PROFILES
- SEALED AIR CORPORATION
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- COVERIS MANAGEMENT GMBH
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- AMCOR LIMITED
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- MONDI PLC
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- ULTRAPERF TECHNOLOGIES INC.
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- KM PACKAGING SERVICES LTD.
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- BOLLORÉ GROUP
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- TCL PACKAGING
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- AMERPLAST
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- UFLEX LTD.
- OVERVIEW
- PRODUCT PORTFOLIO
- STRATEGIC INITIATIVES
- SCOT ANALYSIS
- SEALED AIR CORPORATION
- COMPANY PROFILES
LIST OF TABLES
TABLE 1. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY MATERIALS, 2019-2027, (IN $ MILLION)
TABLE 3. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY APPLICATIONS, 2019-2027, (IN $ MILLION)
TABLE 4. OPPORTUNITY MATRIX
TABLE 5. VENDOR LANDSCAPE
TABLE 6. LEGAL, POLICY & REGULATORY FRAMEWORK
TABLE 7. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY COUNTRY, 2019-2027, (IN $ MILLION)
LIST OF FIGURES
FIGURE 1. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY APPLICATIONS, 2018 & 2027 (IN %)
FIGURE 2. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY POLYETHYLENE, 2019-2027 (IN $ MILLION)
FIGURE 3. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY POLYPROPYLENE, 2019-2027 (IN $ MILLION)
FIGURE 4. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY POLYETHYLENE TEREPHTHALATE, 2019-2027 (IN $ MILLION)
FIGURE 5. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 6. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY FRUITS & VEGETABLES, 2019-2027 (IN $ MILLION)
FIGURE 7. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY BAKERY & CONFECTIONARY, 2019-2027 (IN $ MILLION)
FIGURE 8. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY READY-TO-EAT, 2019-2027 (IN $ MILLION)
FIGURE 9. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 10. PORTER’S FIVE FORCE ANALYSIS
FIGURE 11. ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 12. CHINA MICRO-PERFORATED FOOD PACKAGING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 13. INDIA MICRO-PERFORATED FOOD PACKAGING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 14. JAPAN MICRO-PERFORATED FOOD PACKAGING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 15. AUSTRALIA MICRO-PERFORATED FOOD PACKAGING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 16. SOUTH KOREA MICRO-PERFORATED FOOD PACKAGING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 17. REST OF ASIA PACIFIC MICRO-PERFORATED FOOD PACKAGING MARKET, 2019-2027 (IN $ MILLION)
- ASIA PACIFIC
- CHINA
- INDIA
- JAPAN
- AUSTRALIA
- SOUTH KOREA
- REST OF ASIA PACIFIC
- MARKET BY MATERIALS
- POLYETHYLENE (PE)
- POLYPROPYLENE (PP)
- POLYETHYLENE TEREPHTHALATE (PET)
- OTHERS
- MARKET BY APPLICATIONS
- FRUITS & VEGETABLES
- BAKERY & CONFECTIONARY
- READY-TO-EAT
- OTHERS
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