The market for packaging barrier films is anticipated to expand significantly between 2022 and 2032, growing at a CAGR of 3.4% to reach US$ 26.3 Billion by 2030.
Packaging barrier films are multilayered materials designed to provide a protective barrier against external elements that can degrade the quality of packaged products. These films are composed of various polymers and additives, each contributing to specific barrier properties. The combination of different layers in the film helps create a barrier that prevents the permeation of moisture, oxygen, light, and other substances, ensuring the integrity and longevity of the packaged products.
The justification for these films has grown stronger over time because to the development of durable materials that shield contents from oxygen and other gases. Barrier packing films are a great option because they don’t react with packaged food.
Get Sample PDF (up to 289 Pages) Reports: https://www.futuremarketinsights.com/reports/sample/rep-gb-5000
Analysts project that meat and fish will be the growing end use of packaging barrier films are they have the least oxygen transmission rate. The growing consumption of frozen food, lifestyle that dictate easting convenient food, and booming restaurant industry are expected to fuel the growth of this market in the coming years.
List of Key Players Covered in Packaging Barrier Films market are:
- Mondi Plc
- Huhtamaki Oyj
- Winpak Ltd.
- Atlantis Pal Co. Ltd.
- Glenroy, Inc.
- Uflex Ltd.
- Plastissimo Film Co., Ltd.
- Bischof & Klein GmbH
- Ampac Holdings, LLC
- Schur Flexibles Holding GmbH
- Linpac Packaging Ltd.
- Clondalkin Group Holdings B.V.
- Accredo Packaging, Inc.,
- Sigma Plastics Group, Inc.
- Krehalon Industrie B.V.
- Supravis Group S.A.
- Sudpack Verpackungen GmbH & Co. KG
- Flexopack SA
- Cosmo Films Ltd.
- Jindal Poly Films Ltd.
“Packaging barrier films market is expected to see a remarkable rise in the coming years as food consumption patterns change drastically. With increasing investments in research and development to manufacture stronger films, manufacturers are expected to lure bigger consumer base. In the coming years, manufacturers are expected to focus on building a circular economy by ensuring these films are recycled and reused,” says FMI analyst.
Ask an Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-5000
Global Packaging Films Market Study and Findings
- Packaging barrier films are highly preferred in the pouches and shrink films packaging. Hence, these application segments are expected to account for around 58% of the collective market share by the end of forecast period.
- Food and beverages segment to account for significant uptake of packaging barrier films as demand for frozen food reaches all time high
- Pharmaceutical industry to contribute as hospital admissions remain high throughout the globe
- Emerging economies of India and China to be key raw material suppliers
- LDPE to remain highly used material as it offers exceptional barrier to moisture, strength, and flexibility
The Growing Market Demand
The Packaging Barrier Films Market has experienced significant growth in recent years, driven by several factors that have shaped consumer preferences and industry trends. Let’s explore some of the key drivers contributing to the growth of this market.
Increasing Need for Product Protection
In today’s globalized supply chains, products are often exposed to various environmental factors during storage, transportation, and display. Packaging barrier films provide a robust solution to protect products from moisture, oxygen, and light, preventing spoilage, degradation, and loss of quality. As consumers become more conscious about the quality and safety of the products they purchase, the demand for packaging barrier films has witnessed a notable surge.
Extending Shelf Life
One of the primary advantages of packaging barrier films is their ability to extend the shelf life of products. By creating a protective barrier, these films help maintain the freshness, flavor, and nutritional value of perishable goods. This factor has gained significant importance in the food industry, where retailers and consumers seek products with longer shelf life, reducing food waste and improving inventory management.
Order a Complete Research Report: https://www.futuremarketinsights.com/checkout/5000
Key Segments Covered in Packaging Barrier Films Industry Research
Packaging Barrier Films Market by Product:
- Pouches
- Bags
- Liners
- Lidding Films
- Blister Packs
- Wraps
Packaging Barrier Films Market by Material:
- Polyethylene (PE)
- Polyvinylidene Chloride
- Polyethylene Terephthalate (PET)
- Others
Packaging Barrier Films Market by End-use:
- Consumer Durables
- Chemicals
- Pharmaceuticals
- Food & Beverages
- Others
Regional Insights
The Asia-Pacific is expected to witness a topsy-turvy situation in the packaging barrier films market in the forecast period. This could be attributed to the ever-increasing consumerism in countries like China and India. Additionally, according to the Organization for Economic Co-operation and Development, these two countries are bound to witness growth by 230% and 232% respectively in the pharmaceutical sector.
Packaging Barrier Films Market by Region:
- North America Packaging Barrier Films Market
- Latin America Packaging Barrier Films Market
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
