Global Laser Micro Perforation Equipment Market by product type (co2 lasers, and nd: yag lasers), by plastic film (polyethylene, polypropylene, and polyethylene terephthalate.), by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) is expected to reach US$ 314 Mn by 2026, at a CAGR of 5.09 % during a forecast period.
Major driving factors of, global laser micro perforation equipment market are helps to control airflow and moisture release that ensures product freshness, leading to increased shelf-life of product. Generating a series of small holes on packaging to create a simple tear path which is essential for product freshness.
The restraints in the global laser micro perforation equipment market is government norms on the ban of plastics. Additionally, recyclability of the plastics used for food packaging which is retraining the growth of the global laser micro perforation equipment market.
Co2 lasers segment acquired the largest share in laser micro perforation equipment market during the forecast period.
Co2 lasers segment acquired the largest market during the forecast period, due to its widespread application in food packaging and other consumer goods. CO2 lasers offer various benefits for perforation, scoring, and cutting of the plastic films and other flexible materials that are majorly utilized in the packaging of foods and other consumer goods.
Polypropylene plastic film segment dominated the laser micro perforation equipment market.
Polypropylene plastic film dominated the market due to its application in the packaging field in the food and beverage industry owing to its lightweight, hygienic factors. Polypropylene plastic film utilized majorly in maintaining and enhancing the quality of packaged food.
Some of the key players in the laser micro perforation equipment market include B&B Verpackungstechnik GmbH, Coherent-ROFIN, Comexi Group, El.En. S.p.A., AZCO Corp., Guangzhou Laisai Laser Equipment Co., Ltd., Han’s Laser Technology Industry Group Co., Ltd., ID Technology, LLC, Karlville Development, LLC, LaserPin Srl, LasX Industries, Inc., Maklaus Srl, MLT – Micro Laser Technology GmbH, PERFOTEC B.V., Preco Inc., PTS Progressives Engineering, Sei S.p.a, Stewarts of America, Inc., Synrad Inc, and Universal Converting Equipment.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the laser micro perforation equipment market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the laser micro perforation equipment market. The driving forces as well as considerable restraints have been explained in depth. in addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain laser micro perforation equipment market positioning of competitors.
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