MARKET DEFINITION

A perforation is a tool that is useful and convenient. A perforation is a small hole or row of holes punched into a material, such as paper, plastic, or packaging, to allow a portion of it to be easily pulled off. A perforation is used to make the material easier to tear or bend. Vegetables, baked bread, and rolls that require a hard crust but a soft center, and 'boil in the bag' that enable water to pass through while keeping food products together in the bag are all examples of food applications for micro-perforated bags. The Micro-perforated bag allows moisture to escape, keeping the product from becoming soggy. It also keeps the food fresh and maintains the highest level of sanitation.

MARKET DYNAMICS

The increasing need for longer shelf life in food products is attributed to the growth rate of the micro-perforated bags market. Additionally, the growing demand for food delivery services is a key factor driving market expansion such as the growing number of retail chains in emerging markets and rising disposable income are also driving the micro-perforated bags market. Furthermore, increased consumer preferences for wraps for packaging due to their ease of opening, as well as the increasing functionality and shelf life is accelerating the growth of the market. However, the restriction on the use of plastic goods for food and beverage products will hamper the market's growth rate. Moreover, the rising utilization of micro-perforated bags in the agriculture industries will create lucrative opportunities for the market.

REPORT SCOPE

The report titled “Global Micro Perforated Bags Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the global Micro Perforated Bags market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Micro Perforated Bags market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics, including drivers, restraints, opportunities, challenges, and existing and upcoming pathways that help CXOs make critical business decisions effectively. The global Micro Perforated Bags Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.

GEOGRAPHICAL OVERVIEW

The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.

MARKET SEGMENTATION

The Global Micro Perforated Bags Market is segmented based on material, application, and region. Based on material, the market has been segmented into HDPE, BOPP, PA, CPP, and Other, whereas based on application, the market comprises Fruits & vegetables, Bakery & confectionery, Ready-to-eat, and Others.

COMPETITION LANDSCAPE

The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Micro Perforated Bags market players. The report covers industry activities, including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Micro Perforated Bags market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Micro Perforated Bags market, emphasizing the strategic initiatives, financial information, SWOT analysis, and key development in the Micro Perforated Bags industry in the past three years.

Key players in the Global Micro Perforated Bags Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:

• Amcor Limited
• Uflex Ltd.
• Sealed Air Corporation
• Bollore Group
• Mondi Group
• TCL Packaging Limited
• KOROZO Ambalaj San,ve Tic A.S
• Darnel Group
• Coveris Holdings SA
• NORDFOLIEN GmbH

COVID-19 IMPACT ANALYSIS ON GLOBAL MICRO PERFORATED BAGS MARKET

The COVID-19 pandemic is still a very personal, individual experience that is also a once-in-a-lifetime worldwide phenomenon with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities and also had a negative impact on global economic development in 2020, unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce was expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.

In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations, however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market, thereby, providing accurate and trustworthy forecasts.

RESEARCH PROGRAM DESIGN

KEY QUESTIONS ANSWERED

1. What is the current size of the global Micro Perforated Bags market?
2. What will be the growth rate of the market over the forecast period?
3. Who are the key manufacturers/vendors in the Micro Perforated Bags market space?
4. What are the major market opportunities and market risks faced by the market?
5. What is the impact of COVID-19 on the market?
6. What are the revenue, sales, and price analysis of the top manufacturers in this market?
7. What are the key outcomes of Porter's five forces model?
8. Who are the distributors, traders, and vendors in the industry?

REASONS FOR BUYING THIS REPORT:

• The report offers comprehensive data on the Micro Perforated Bags market elaborating on the current state and future growth prospects both globally and regionally
• It offers a six-year market forecast trend evaluating the impact of drivers and restraints and supporting factors for growth
• The report offers deep-dive insights into each market segment and critical factors responsible for its growth
• The report presents precise picture of the dynamic competitive landscape which helps our client advance their market position
• The comprehensive analysis of the market along with the inclusion of analyst recommendations ensures that our clients make informed business decisions
• Cross-segment country-level analysis included in the report which provides granular analysis of more than 20+ countries covered in the report scope
• The study includes detailed profiles of major manufacturers to help our readers gain holistic overview of the market competitors and consequently align their business strategies

Chapter 1. Executive Summary
1.1. Market Outlook
1.2. Market Segment Outlook
1.3. Geography Outlook
1.4. Absolute $ Opportunity
 
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Scope, Definition, and Assumptions
2.3. Data Sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary Data Mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
 
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key Trends
3.2.1. Material Trends
3.2.2. Application Trends
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.1.1. Impact Analysis of Market Drivers
3.3.2. Market Restraints
3.3.2.1. Impact Analysis of Market Restraints
3.3.3. Market Opportunities
3.3.3.1. Impact Analysis of Market Opportunities
3.3.4. Market Challenges
3.3.4.1. Impact Analysis of Market Challenges
3.4. Porter’s Five Forces’ Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of New Entrant
3.4.4. Threat of Substitutes
3.4.5. Competitive Rivalry
3.5. Value Chain Analysis: Global Micro Perforated Bags Market
3.6. COVID-19 Impact Assessment in Micro Perforated Bags Market
3.6.1. Impact Assessment on Global Micro Perforated Bags Market
3.6.2. Market Trends and Opportunities in the Covid-19 Landscape
 
Chapter 4. Global Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
4.1. Global Micro Perforated Bags Market Share, By Material, 2017 - 2028 (USD Million)
4.1.1. HDPE
4.1.2. BOPP
4.1.3. PA
4.1.4. CPP
4.1.5. Other
 
Chapter 5. Global Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
5.1. Global Micro Perforated Bags Market Share, By Application, 2017 - 2028 (USD Million)
5.1.1. Fruits & vegetables
5.1.2. Bakery & confectionery
5.1.3. Ready-to-eat
5.1.4. Others
 
Chapter 6. Global Micro Perforated Bags Market Overview, By Geography, 2017 - 2028 (USD Million)
6.1. Global Micro Perforated Bags Market Share, By Geography, 2017 - 2028 (USD Million)
6.1.1. Market Deployment and Projections, by Countries, 2017 - 2028 (USD Million)
6.1.2. Market Share and CAGR Comparison, by Countries, 2021 (%)
 
Chapter 7. North America Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
7.1. North America Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
7.1.1. Market Deployment and Projections, 2017 - 2028 (USD Million)
7.1.2. North America Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
7.1.3. North America Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
7.2. North America Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
7.2.1. U.S. Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
7.2.1.1. U.S. Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
7.2.1.2. U.S. Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
7.2.2. Canada Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
7.2.2.1. Canada Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
7.2.2.2. Canada Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
7.2.3. Mexico Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
7.2.3.1. Mexico Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
7.2.3.2. Mexico Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
 
Chapter 8. Europe Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
8.1. Europe Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.1.1. Market Deployment and Projections, 2017 - 2028 (USD Million)
8.1.2. Europe Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.1.3. Europe Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
8.2. Europe Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
8.2.1. Germany Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.2.1.1. Germany Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.2.1.2. Germany Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.2. France Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.2.2.1. France Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.2.2.2. France Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.3. UK Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.2.3.1. UK Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.2.3.2. UK Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.4. Italy Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.2.4.1. Italy Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.2.4.2. Italy Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.5. Spain Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.2.5.1. Spain Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.2.5.2. Spain Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.6. NORDIC Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.2.6.1. NORDIC Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.2.6.2. NORDIC Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.7. Russia and CIS Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.2.7.1. Russia and CIS Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.2.7.2. Russia and CIS Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.8. Rest of Europe Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
8.2.8.1. Rest of Europe Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
8.2.8.2. Rest of Europe Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
 
Chapter 9. Asia Pacific Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
9.1. Asia Pacific Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
9.1.1. Market Deployment and Projections, 2017 - 2028 (USD Million)
9.1.2. Asia Pacific Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
9.1.3. Asia Pacific Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
9.2. Asia Pacific Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
9.2.1. India Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
9.2.1.1. India Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
9.2.1.2. India Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.2. China Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
9.2.2.1. China Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
9.2.2.2. China Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.3. Japan Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
9.2.3.1. Japan Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
9.2.3.2. Japan Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.4. ASEAN Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
9.2.4.1. ASEAN Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
9.2.4.2. ASEAN Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.5. South Korea Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
9.2.5.1. South Korea Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
9.2.5.2. South Korea Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.6. Australia Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
9.2.6.1. Australia Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
9.2.6.2. Australia Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.7. Rest of Asia Pacific Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
9.2.7.1. Rest of Asia Pacific Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
9.2.7.2. Rest of Asia Pacific Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
 
Chapter 10. South America Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
10.1. South America Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
10.1.1. Market Deployment and Projections, 2017 - 2028 (USD Million)
10.1.2. South America Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
10.1.3. South America Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
10.2. South America Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
10.2.1. Brazil Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
10.2.1.1. Brazil Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
10.2.1.2. Brazil Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.2. Argentina Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
10.2.2.1. Argentina Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
10.2.2.2. Argentina Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.3. Rest of South America Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
10.2.3.1. Rest of South America Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
10.2.3.2. Rest of South America Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
 
Chapter 11. Middle East & Africa Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
11.1. Middle East & Africa Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
11.1.1. Market Deployment and Projections, 2017 - 2028 (USD Million)
11.1.2. Middle East & Africa Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
11.1.3. Middle East & Africa Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
11.2. Middle East & Africa Micro Perforated Bags Market Overview, By Countries, 2017 - 2028 (USD Million)
11.2.1. GCC Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
11.2.1.1. GCC Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
11.2.1.2. GCC Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
11.2.2. South Africa Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
11.2.2.1. South Africa Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
11.2.2.2. South Africa Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
11.2.3. Rest of Middle East & Africa Micro Perforated Bags Market Overview, 2017 - 2028 (USD Million)
11.2.3.1. Rest of Middle East & Africa Micro Perforated Bags Market Overview, By Material, 2017 - 2028 (USD Million)
11.2.3.2. Rest of Middle East & Africa Micro Perforated Bags Market Overview, By Application, 2017 - 2028 (USD Million)
 
Chapter 12. Competitive Landscape
12.1. Competitive Environment, 2021
12.2. Strategic Framework
12.2.1. Partnership/Collaborations/Agreement
12.2.2. Expansion
12.2.3. Mergers & Acquisitions
12.2.4. New Product Development
 
Chapter 13. Key Vendor Analysis
13.1. Amcor Limited
13.1.1. Business Overview
13.1.2. Product Benchmarking
13.1.3. Financial Data
13.1.4. Strategic Overview
13.1.5. Key Developments
13.1.6. SWOT Analysis
13.2. Uflex Ltd.
13.2.1. Business Overview
13.2.2. Product Benchmarking
13.2.3. Financial Data
13.2.4. Strategic Overview
13.2.5. Key Developments
13.2.6. SWOT Analysis
13.3. Sealed Air Corporation
13.3.1. Business Overview
13.3.2. Product Benchmarking
13.3.3. Financial Data
13.3.4. Strategic Overview
13.3.5. Key Developments
13.3.6. SWOT Analysis
13.4. Bollore Group
13.4.1. Business Overview
13.4.2. Product Benchmarking
13.4.3. Financial Data
13.4.4. Strategic Overview
13.4.5. Key Developments
13.4.6. SWOT Analysis
13.5. Mondi Group
13.5.1. Business Overview
13.5.2. Product Benchmarking
13.5.3. Financial Data
13.5.4. Strategic Overview
13.5.5. Key Developments
13.5.6. SWOT Analysis
13.6. TCL Packaging Limited
13.6.1. Business Overview
13.6.2. Product Benchmarking
13.6.3. Financial Data
13.6.4. Strategic Overview
13.6.5. Key Developments
13.6.6. SWOT Analysis
13.7. KOROZO Ambalaj San,ve Tic A.S
13.7.1. Business Overview
13.7.2. Product Benchmarking
13.7.3. Financial Data
13.7.4. Strategic Overview
13.7.5. Key Developments
13.7.6. SWOT Analysis
13.8. Darnel Group
13.8.1. Business Overview
13.8.2. Product Benchmarking
13.8.3. Financial Data
13.8.4. Strategic Overview
13.8.5. Key Developments
13.8.6. SWOT Analysis
13.9. Coveris Holdings SA
13.9.1. Business Overview
13.9.2. Product Benchmarking
13.9.3. Financial Data
13.9.4. Strategic Overview
13.9.5. Key Developments
13.9.6. SWOT Analysis
13.10. NORDFOLIEN GmbH
13.10.1. Business Overview
13.10.2. Product Benchmarking
13.10.3. Financial Data
13.10.4. Strategic Overview
13.10.5. Key Developments
13.10.6. SWOT Analysis
 
Chapter 14. Future Outlook of the Market