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Global Laser Micro Perforation Equipment Market: Predicted to Expand at a CAGR of 5.5 % during Forecast 2018 – 2026

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Laser Micro Perforation Equipment Market: Predicted to Expand at a CAGR of 5.5 % during Forecast 2018 – 2026”. The fact-based research report on the global Laser Micro Perforation Equipment market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

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The global laser micro perforation equipment market is segmented based on laser type, plastic film type, and region. In terms of laser type, Co2 lasers segment acquired the largest market share in 2017 and is anticipated to expand at a faster rate at a CAGR of 5.5% during the forecast perioddue to its widespread application in food packaging and other consumer goods.CO2 lasers offer various benefits over traditional mechanical methods 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. Additionally, increased demand for pouch packaging in various industries, including food & beverage coupled with convenience at a low cost compared to Nd: YAG lasers is expected to drive the market during the forecast period. Increased consumer demand for high quality and freshness in packaged foodshas led to the implementation of sophisticated packaging techniquesbased on the application of plastic films. Polypropylene plastic film dominated the market in 2017 and is expected to grow at a faster rate due to its application in the packaging field in the food and beverage industrybecause of its lightweight, hygienic factors. It is utilized majorly in maintaining and enhancing the quality of packaged food.

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The report also highlights the competitive landscape of the laser micro perforation equipment market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive laser micro perforation equipment market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the growth of the laser micro perforation equipment market. Besides, competition matrix and market share analysis has been included under the competitive landscape to understand the top players’ contribution in the laser micro perforation equipment market. Each company is studied on the basis of basic information, financial highlights, revenue highlights of regional contribution and segment contribution, and product portfolio. Additionally, the company strategy and recent developments if any are also incorporated under each company profile section.

Some of the key players in this market include &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. The key players operating in the laser micro perforation equipmentmarket adopt numerous strategies to sustain in the market. Product development and acquisition and partnership are some of the main strategies adopted by key players to gain a competitive edge.

The laser micro perforation equipment market is segmented as follows:

Laser Micro Perforation Equipment Market

By Product Type

Co2 Lasers

Nd: YAG Lasers

By Plastic Film Type

Polyethylene (PE)

Polypropylene (PP)

Polyethylene Terephthalate (PET)

By Geography

North America

Europe

Asia Pacific

Middle East & Africa (MEA)

South America

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