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Global Micro-Perforated Films Industry

Global Micro-Perforated Films Industry

  • July 2020
  • 284 pages
  • ID: 5799114
  • Format: PDF
  • Global Industry Analysts

Summary

Table of Contents

MARKET IMPACT SURVEY - COVID-19 & LOOMING RECESSION

Timely market intelligence is paramount in these uncertain times!

We launched an impact survey to update this project with timely insights during 2020. Update frequency will depend upon evolving market conditions and executive opinions. Our participants are executives driving strategy, marketing, sales and product management at competitive companies worldwide. All updates during the rest of the year are complimentary to clients!

Global Micro-Perforated Films Market to Reach $1.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Micro-Perforated Films estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027. Polyethylene (PE), one of the segments analyzed in the report, is projected to record a 2.8% CAGR and reach US$674.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polypropylene (PP) segment is readjusted to a revised 2.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $346.9 Million, While China is Forecast to Grow at 4.9% CAGR

The Micro-Perforated Films market in the U.S. is estimated at US$346.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$307.5 Million by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Polyethylene Terephthalate (PET) Segment to Record 1.9% CAGR

In the global Polyethylene Terephthalate (PET) segment, USA, Canada, Japan, China and Europe will drive the 1.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$143.8 Million in the year 2020 will reach a projected size of US$160 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$209.8 Million by the year 2027, while Latin America will expand at a 2.6% CAGR through the analysis period. We bring years of research experience to this 9th edition of our report. The 284-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Aera SA
  • Amcor Ltd.
  • Amerplast Ltd.
  • A-Roo Company LLC.
  • Bollore Inc.
  • Coveris Holdings SA
  • Darnel Inc.
  • Ervisa (Extrusion de Resinas Vinilicas, S.A.)
  • Helion Industries
  • LaserSharp FlexPak Services LLC
  • Mondi PLC
  • MULTIVAC Sepp Haggenmuller SE & Co. KG
  • Ng Plastics Limited
  • Nordfolien GmbH
  • NOW Plastics, Inc.
  • Pathway Solutions Inc.
  • Pioneer Hygiene Products
  • Satyam Industries.
  • Sealed Air Corporation
  • Specialty Polyfilms Pvt. Ltd.
  • TCL Packaging
  • Uflex Ltd.
  • Ultraperf Technologies Inc.

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