Barrier Films Market Demand, Business Scope and Manufacturing Analysis 2021 to 2025

The report presents an in-depth assessment of the Barrier Films Market including enabling technologies, key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Barrier Films investments from 2021 till 2026.

The barrier film market was valued at USD 30.2 billion in 2019 and is expected to reach USD 43.84 billion by 2025, registering a CAGR of 6.5% during the period of 2020-2025.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Barrier Films Market: Amcor PLC, Berry Global, Inc., Sealed Air Corporation, UFlex Limited, HuhtamakiÊGroup, Mondi Group, Winpak Limited, Constantia Flexibles Group, Proampac LLC, Polyplex Corporation Limited, KM Packaging Services Limited, Glenroy, Inc., TOPPAN Printing Co. Ltd., Clondalkin Group Holdings B.V., Innovia Films Limited

Key Developments:

- June 2020 - German pet food maker Mera Tiernahrung GmbH has partnered with the global leader in packaging and paper, Mondi, to expand its product line to include a new type of dog food with semi-moist croquettes. Mera is using Mondis FlexiBag Recyclable, which is a mono-material, polyethylene-based product with a barrier that is fully recyclable. Mondis packaging solution helps Mera to find the most effective and sustainable way to protect their products.
- June 2020 - Innovia Films has launched Encore, a new range of recyclable BOPP barrier films, manufactured from renewable non-food based raw materials. The company claims that these products could help reduce the use of fossil-based virgin raw materials.

Market Overview:

The increasing demand for barrier films can be attributed to the increased demand from various end-user industries, such as pharmaceutical packaging, food & beverage packaging. Flexible packaging formats, such as retort pouches, bags, and trays with wraps, are helping consumers with busy lifestyles and single-households and meeting their need for convenient packaging._
- With the rapid growth of large retail chains, it greatly benefitted the barrier films market. These retail chains are enlarging the market for packaged food, as well as electronics and pharmaceutical items; also, companies are increasingly using barrier films owing to an increased focus on cost reduction and shelf-life extension.
- Supermarkets/hypermarkets are becoming more favored by consumers across the globe due to their wide range of product offerings and various choices of premium brands, unavailable at individual outlets. Thus, these supermarkets/hypermarkets are witnessing increased adoption in major cities and are also expanding their presence in developing markets, which will further expand barrier films demand in these countries.

Regional Analysis:

For comprehensive understanding of market dynamics, the global Barrier Films Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Key Market Trends
Polyethylene (HDPE, LDPE, and LLDPE)_ to Hold a Major Share in the Market
- The changing food habits which are associated with the busy lifestyle of people creates a demand for packaged food. Polyethylene is the cheapest packaging film that is used in the food industry.
- The polyethylene materials that are being used for barrier film include HDPE, LDPE, and LLDPE. Polyethylene is easy to process and is combined with gas/aroma barriers, such as PA and EVOH, for their use in various applications. Moreover, many packaging manufacturers are focusing on making their packaging recyclable or reusable.
- For instance, in October 2019, Zotefoam introduced ReZorce, a range of recyclable HDPE mono-materials that can rival the barrier properties of a composite packaging. This makes them ideal for use in the food industry. Additionally, the multi-layer structure of ReZorce facilitates the incorporation of recycled material within the core of the material.
- Additionally, LDPE plastics are to be increasingly used as a recycling material as they can be upcycled into new types of products. LDPE can be easily recycled along with any other plastics in most facilities.

The report has 150 tables and figures browse the report description and TOC:

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Barrier Films Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, Barrier Films Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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