Barrier Films Market Industry Analysis, Growth, Trends and Forecast – 2025| Amcor PLC, Berry Global, Inc., Sealed Air Corporation, UFlex Limited, Mondi Group

Market Insights Reports delivers key insights on the Barrier Films market in its latest report titled, “Barrier Films Market - Growth, Trends, COVID-19 Impact, And Forecasts (2021 - 2025)” provides an in-depth analysis of key players strategies, market growth, product demand, growth factors, technological innovations, regional outlook and global dynamics which includes drivers, challenges, and opportunities dominant in the industry. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The barrier film market was valued at USD 30.2 billion in 2019 and is expected to reach USD 44.04 billion by 2025, registering a CAGR of 6.5% during the period of 2020-2025.

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Top Key Players 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, and Others.

Industry News and Update:

- January 2020 - Amcor announced its partnership with Moda vacuum packaging systems in North America and Latin America. With this partnership combining Amcor’s shrink bag and roll stock film for meat and cheese with Moda’s system, the producers in these regions are expected to gain operational efficiencies and drive total cost savings.

- April 2019 - Amcor has launched AmLite Ultra Recyclable, its first packaging product made from the company’s revolutionary, more sustainable high-barrier polyolefin film. The new high-barrier laminate can package a range of food, home, and personal care, and pharmaceutical products, and be recycled in existing polyolefin recycling streams.

Key Market Trends:

Food Industry 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. Also, the increasing demand for packaged food can be attributed to the improving lifestyles of people, owing to the increase in disposable income, which is driving the market studied.

- Food products are affected based on both intrinsic parameters, such as pH, preservatives, and water activity, as well as extrinsic parameters, like temperature, humidity, and gaseous environment. Barrier film solution helps in mitigating these challenges. Companies have been continuously innovating to meet the stringent requirements of the food industry.

- Futamura is one such company in the market, and in 2019, launched NatureFlex30NVO. Their new film offers benefits like the ability to cook or heat in the oven, as well as other benefits, such as heat seal-ability on both sides, semi permeability to moisture, good barrier to oxygen and mineral oils, grease and oil resistance, dead-fold, and inherently anti-static.

- Further, the snacking trend across the globe is driving consumers to purchase on-the-go food items, while also demanding healthy and improved flavor options. This has driven grocery stores, restaurants, and supermarkets to welcome this trend by offering a variety of packaged foods and ready-to-eat meals, and has further created the demand for flexible and convenient packaging with high barrier properties.

- Further, the application of barrier heat-resistant BOPP films is one of the primary trends observed in the food packaging market, where the moisture and oxygen barrier is of utmost importance. This film allows both printing and barrier functionalities, which enable its construction with even two-ply laminates.

- In October 2019, Amcor introduced its more sustainable high-barrier film range, AmLite Ultra Recyclable. This range is made from polyolefin film and claims to boost the carbon footprints by up to 64%.

- Further, the food industry accounts for around 5% of the US GDP, which is still growing, owing to the higher demand for packaged food and is expected to generate USD 31.7 billion in food packaging in United States, according to Association of Packaging and Processsing Technology.

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Top Line Market Forecast:

Both Regional and Global sectors are included in the Outlook, with special breakouts for the NAM, European, MENA, and Asia-Pacific regions. The data covered is from 2015 to 2019 historically and from 2020 to 2025 forecasted, it also includes the impact of Covid-19 both on the short- and long-term prospects of the industry.      

This Barrier Films Market report addresses:

- The Market size from 2016-2021

- Expected market growth until 2025

- Forecast of how market drivers, restraints, and future opportunities will affect

- Segment and regions that will drive or lead the market growth and why

- Comprehensive mapping of the competitive landscape

- In-depth analysis of key sustainability strategies adopted by market place                   

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