Press release
High Barrier Packaging Films Market to Post a Strong CAGR of 6.2% | Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Ampac Packaging LLC (U.S.), The Mondi Group (Austria), Sealed Air Corporation (U.S.)
Global High Barrier Packaging Films Market Information Report, by Material (Polypropylene, Polyvinyl Chloride, Polyethylene, Ethylene Vinyl Alcohol, Low-Density Polyethylene And Linear Low-Density Polyethylene, Transparent high barrier films and Others), by Product (Pouches & Bags, Tray Lidding Film, Wrapping Film, and others), by Technology (Multi-Layer Film, Sustainable Barrier Coatings, Besela Barrier Film and Others), by Application (Food & Beverage, Pharmaceutical, Personal Care & Cosmetics, and Others) and By Region - Global Forecast To 2023Market Research Future published a half cooked research report on global high barrier packaging films market. The High Barrier Packaging Films market is expected to grow at CAGR of around 6.2% during the period 2017 to 2023.
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, followed by North America. It is expected to be the fastest growing region for the market.
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Key Players
• 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.)
• Sigma Plastics Group (U.S.)
Market Research Analysis
Global high barrier packaging films market 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.
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Scope of the Report
This study provides an overview of the global high barrier packaging films market, 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
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Brief Toc:
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
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About Us:
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), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & 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 , 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.
Market Research Future
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