Press release
High-Barrier Packaging Film Market 2022: Global Analysis of Key Manufacturers, Dynamics & Forecast 2026
The High-Barrier Packaging Film Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the High-Barrier Packaging Film market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the High-Barrier Packaging Film market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the High-Barrier Packaging Film market.The High-Barrier Packaging Film market was valued at USD 9.41 billion in 2020 and is expected to reach USD 12.81 billion by 2026, at a CAGR of 5% over the forecast period 2021 - 2026.
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Top Leading Companies of High-Barrier Packaging Film Market are - Amcor Plc, Glenroy, Inc, Mondi Group plc, Berry Global Group Inc, Huhtamaki Oyj, Sealed Air Corporation, Celplast Metallized Products Limited, Uflex Ltd, Plastissimo Film Co., Ltd, Wipak Oy ( Wihuri Oy), Polyplex Corporation Limited, Mitsubishi Chemical Holdings Group, Dow Chemical Company ( Dow Inc.), LyondellBasell Industries N.V., SABIC, BASF SE, LG Chem Ltd ( LG Corp), Chevron Phillips Chemical Company, Eni S.p.A., Lanxess Aktiengesellschaft, Nestlé S.A, Mars, Incorporated, Mondel-z International, Inc.,, General Mills, Inc., Berwind Corporation, Mother Dairy, Amul, Yogurberry, Drums Food International Pvt. Ltd., ACG Group, Bayer AG, Cipla Limited, Dr. Reddy's Laboratories Ltd, Indoco Remedies, Bayer CropScience, PI Industries, Sharda Cropchem Limited, Dhanuka Agritech Ltd and others.
Industry News and Updates:
- June 2019 - Innovia Films, a division of CCL Industries, launched its new range of transparent high barrier packaging films, Strata SL. The company also claims that Strata SL provides a barrier to the aroma, mineral oils, and oxygen even at high humidity levels, which ensures increased shelf life and reduces the food waste. Its, glossy film is also food contact compliant and chlorine-free, according to Innovia.
- April 2019 - Cosmo Films Limited introduced a cast polypropylene (CPP) film for packaging applications requiring high moisture & oxygen barrier and high hot tack properties. The heat-sealable CPP films also offer high hot tack (>600gf/inch over a range of 100- 140-degree Celsius) and low seal initiation temperature. They are well suited for biscuits, cookies & crackers, snack food applications, chocolates, and ice-creams.
Key Market Trends:
Pharmaceuticals Sector is Expected to Register a Significant Growth
- As the primary packaging materials are plastic because it protects the pharmaceutical product against oxygen and odor, water vapor transmission, moisture, contamination, and bacteria. These properties make polypropylene material a good choice for high barrier blister packaging. Polypropylene high-barrier films have a high melting point makes it suitable for boilable packages and for sterilizable products.
- Moreover, products packed in thermoforming films have higher product visibility because without compromising with the barrier properties of the packaging. These films are puncture resistance which enables manufacturers to use their products for packaging and can also help in easy transportation.
Asia- Pacific to Witness Fastest Growth
- The Asia- Pacific region is expected to witness fastest growth owing to the ongoing trend of consumerism in the highly populated region such as India and China. Increasing buying power, the rising working population in the region is the major factor driving the high barrier packaging film market in the region.
- Moreover, as per the Organisation for Economic Co-operation and Development, the pharmaceutical sector in India by 232% and in China, it will see an increase of 230% between 2017- 2030. Therefore, advances in the pharmaceutical sector would help in increasing the demand for different high barrier packaging products such as blister base films.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- High-Barrier Packaging Film Market Size & Analysis (2016 - 2026)
- Market Share Analysis of High-Barrier Packaging Film Market (%),2016 - 2026
- High-Barrier Packaging Film Market Share, By Brand
- High-Barrier Packaging Film Market Share, By Company
- High-Barrier Packaging Film Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies High-Barrier Packaging Film Market Value Analysis & Forecast
- Promising High-Barrier Packaging Film Development by Major Companies
- Detailed High-Barrier Packaging Film Portfolio of the Major Companies
- Major Deals in the High-Barrier Packaging Film Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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