Perforated Packaging Market Growth and Regional Outlook (2024-2034)
The perforated packaging market was valued at USD 27.37 billion in 2024 and is expected to grow to approximately USD 44.80 billion by 2034. This represents a compound annual growth rate (CAGR) of 5.05% from 2024 to 2034.
Download Statistical Data: https://www.towardspackaging.com/download-statistics/5383
Market Growth and Influencing Factors
The perforated packaging market is experiencing significant growth, driven largely by the expanding food and beverage industry, which demands safe and effective packaging solutions. The increasing supply chain in the food and beverage sector has played a major role in boosting the demand for perforated packaging.
Market Overview
Perforated packaging involves adding small holes to packaging materials, allowing air (oxygen and carbon dioxide) to pass through. This feature helps extend the shelf life of food products such as meat, vegetables, and dried fruits. There are two main types of perforation techniques: mechanical perforation and laser perforation. Laser perforation is preferred in the food packaging industry due to its ability to create uniform holes consistently.
In February 2024, ViiV Healthcare introduced a new blister pack for its Dovato HIV treatment, which is a once-daily, single-pill regimen.
Market Trends
- Improved Air Circulation: Perforated packaging allows air to circulate, keeping food fresh for longer and extending shelf life.
- Reduced Ballooning: The small holes reduce the air trapped inside the packaging, making it more compact and suitable for transportation.
- Customization: Perforated packaging offers customization options, such as adding fragrances for products like air fresheners.
- Separation: Perforated packaging can be used to create smaller, more affordable product sizes, benefiting both brands and consumers.
AI Integration in Perforated Packaging
Artificial intelligence (AI) is making a significant impact on the perforated packaging market. By incorporating AI technology, manufacturers can better understand customer demand and produce packaging that meets specific needs. AI helps reduce labor costs and lowers packaging prices, especially for food items like baked goods, dried fruits, and vegetables. The accuracy in hole placement offered by AI ensures products are securely packaged, increasing customer trust. As the demand for perfect packaging continues to rise, several industry players are integrating AI to meet the needs for efficient, customizable, and fast production.
Buy Premium Global Insight: https://www.towardspackaging.com/price/5383
Get the latest insights on packaging industry segmentation with our Annual Membership – https://www.towardspackaging.com/get-an-annual-membership
If you have any questions, please feel free to contact us at sales@towardspackaging.com
Browse our Brand-New Journal:
https://www.towardshealthcare.com
https://www.towardsautomotive.com
For Latest Update Follow Us: https://www.linkedin.com/company/towards-packaging/
Get Our Freshly Printed Chronicle: https://www.packagingwebwire.com/