High barrier packaging films Market Share | Growth Factors, Regional Analysis, Applications, & Manufacturers and Forecasts
Market Highlights
High barrier
packaging films provide protection to sensitive material from damage stimulus
such as moisture, oxygen, and dust, which can degrade quality of products.
These films are a suitable substitute for food packaging. They increase shelf
life, serve as printing substrate and reduce the need for preservatives. High
barrier films in flexible packaging are often used to ensure product integrity
and maintain quality in case of water permeation moisture, oil, oxygen, aroma,
flavor, gas, and light. High barrier film packaging has major application in
fast moving consumer goods and pharmaceutical products, which drives the growth
of the market. However, fluctuating price of raw materials and expensive, may
hamper the growth of the market.
Among regions, Asia
Pacific has the biggest high barrier packaging films market share, followed by
North America. It is expected to be the fastest growing region for the market.
Global high barrier
packaging films market is projected to grow at a CAGR of 6.2% during the
forecast period.
Market Research
Analysis
Global High Barrier
Packaging Films Market Share has been segmented based on material,
product, technology, application and region. On the basis of material, the
market has been segmented as bio plastics, polypropylene, polyvinyl chloride,
polyethylene, ethylene vinyl alcohol, low-density polyethylene and linear
low-density polyethylene, transparent high barrier films and others.
Polyethylene dominates the material segment of the market, with the fastest
growth, and is expected to be the fastest growing material segment. Majority of
the end-users use LDPE for high barrier packaging films. It has numerous
benefits such as ease of processing, barrier to moisture, strength/toughness,
flexibility, and ease of sealing. Transparent high barrier films are expected
to gain significant share during the forecast period Extensive research &
development, and continuous product development for advanced packaging, is
fuelling the transparent high barrier films segment growth. PVC is a dense
material. It is considered a common material in India, when clarity is an
important selection criterion, particularly for consumer packaging.
On the basis of
technology, the market is segmented as multi-layer film, sustainable barrier
coatings, Besela
Barrier Film, and others. On the basis of application, the market is
segmented as food & beverage, pharmaceutical, personal care &
cosmetics, and others. Food & beverages has the highest share, with the
fastest growth of all the application segments of the market, and is expected
to be the fastest growing application segment. Increasing population, along
with growing demand for food and beverages, is driving the growth of the
market. The food products packaged using these films contain less
preservatives than canned food products, which has increased their acceptance
among health-conscious consumers. Transparent barrier packaging film is a
preferred material for the packaging of meat, vegetable, and some beverages in
the food industry. Pharmaceutical application is expected to contribute
significantly during the forecast period
Scope of the Report
This study provides
an overview of the global High Barrier, tracking four
market segments across four geographic regions. The report studies key players,
providing a five-year annual trend analysis that highlights market size, volume
and share for North America, Europe, Asia Pacific (APAC) and Rest of the World
(ROW). The report also provides a forecast, focusing on the market
opportunities for the next six years for each region. The scope of the study
segments the global High Barrier Packaging Films market by its material,
product, manufacturing process, application and region.
By Material
- Polyvinyl Chloride
- Polypropylene
- Polyethylene
- Ethylene Vinyl Alcohol
- Low-Density Polyethylene And Linear Low-Density
Polyethylene
- Transparent high barrier films
- Others
By Product
- Bags And Pouches
- Wrapping Film
- Tray Lidding Film
- Others
By Technology
- Multi-Layer Film
- Sustainable Barrier Coatings
- besela barrier film
- Other
By Application
- Food & Beverage
- Pharmaceutical
- Personal care and cosmetics
- Other
By Region
- North America
- Asia Pacific
- Europe
- Rest of the World
Key Players
The prominent players
in the global high barrier packaging films market include Amcor Limited
(Australia), Bemis Company, Inc. (U.S.), Ampac Packaging LLC (U.S.), The Mondi
Group (Austria), Sealed Air Corporation (U.S.), Constantia Flexibles Group GmbH
(Austria), Berry Plastics Corporation (U.S.), Coveris Holdings S.A. (Luxembourg),
Sonoco Products Company (U.S.), Wipak Walsrode GmbH & Co. KG (Germany),
Huhtamaki Group (Finland), Printpack Inc. (U.S.), Linpac Packaging Limited
(U.K.), and Sigma Plastics Group (U.S.).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers
to unravel the complexity of various industries through our Cooked Research
Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum
quality market research and intelligence services to our clients. Our market
research studies by products, services, technologies, applications, end users,
and market players for global, regional, and country level market segments,
enable our clients to see more, know more, and do more, which help to answer
all their most important questions.
In order to stay updated with technology and work process
of the industry, MRFR often plans & conducts meet with the industry experts
and industrial visits for its research analyst members.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Related Report:
https://www.marketresearchfuture.com/reports/polyethylene-terephthalate-market-5521
https://www.marketresearchfuture.com/reports/acrylonitrile-styrene-acrylate-market-8171
https://www.marketresearchfuture.com/reports/epoxy-coatings-market-4586
https://www.marketresearchfuture.com/reports/glycolic-acid-market-3141
Comments
Post a Comment