05 September 2019
Visiongain’s new report “Micro-Perforated Food Packaging Market Report 2019-2029: A global report on micro-perforated food packaging market estimate and forecast – Industry insights for consumption, demand, price trend, competitive intelligence, and opportunity analysis along the value chain” states that the micro-perforated food packaging market was valued at $1.4 billion in 2018 in terms of revenue.
Visiongain offers historical market size for 2016 - 2018, estimate for 2019 and forecast up to 2029. The report also includes consumption data, and market share for key players. The market estimation and forecast is done for the material and applications of micro-perforated food packaging.
The consumption of micro-perforated food packaging market is set to witness significant increase globally, fuelled by the increasing awareness regarding healthy food among consumers. Food packaging was done using micro-perforated packaging is being administered by several regulatory institutions such as Food and Drug Administration (FDA). Moreover, brief description pertaining to the ingredients used in the product along with labelling thus makes consumers informed and helps in gaining trust and maximum satisfaction from the consumers.
The report offers competitive analysis including product benchmarking, price trend analysis, regulatory analysis, value chain analysis and supply chain analysis. Industry leaders are majorly focusing on the product differentiation to get an edge over the competitors.
The report includes the following insights, which is intended to help the stakeholders throughout the value chain. The report offers insights of the overall micro-perforated food packaging industry and will benefit stakeholders in making right decision at right time.
- Micro-perforated food packaging consumption in various industries for historic and forecast period.
- Revenue estimate and forecast.
- Pricing trend analysis for historic period.
- Regulatory framework.
- Opportunity analysis across the value chain and supply chain.
- PESTEL, Porter’s, and SWOT analysis.
- Market dynamics covering trend, drivers, restraints and opportunities.
- Market share analysis of leading players along with their profiles.
- Strategic initiatives taken by industry leaders.
Notes for Editors
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Key factor driving the market growth is increasing demand of packaged food products in different developing countries, including China, India, South Africa, and Brazil. Rising demand from the beverage sector and increasing requirement of transparent packaging is a key factor driving the market growth.
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