Press release
Barrier Films Market Value and Volume with Status and Growth 2022 to 2027
The Barrier Films 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 Barrier Films 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 Barrier Films Market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Barrier Films Market.The barrier film market was valued at USD 30.2 billion in 2019 and is expected to reach USD 43.84 billion by 2027, registering a CAGR of 6.5% during the period of 2022-2027.
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Top Leading Companies of Barrier Films Market are - Amcor PLC, Berry Global, Inc., Sealed Air Corporation, UFlex Limited, Huhtamaki Group, 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 Updates:
- June 2022 - 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 MondiÕs FlexiBag Recyclable, which is a mono-material, polyethylene-based product with a barrier that is fully recyclable. MondiÕs packaging solution helps Mera to find the most effective and sustainable way to protect their products.
- June 2022 - 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.
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.
North America Hold the Largest Market Share
- North America region showed a significant change in the consumer lifestyle trends, who are demanding convenience and portability of products, especially in the food sector, which directly drives the barriers films market.
- The food industry accounts for more than 5% of US GDP and is still currently growing, due to the greater demand for packaged foods. The advantages such as ease of use at home and on-the-go flexibility have become necessary factors that drive the purchase of packaged foods.
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:
- Barrier Films Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Barrier Films Market (%),2016 - 2026
- Barrier Films Market Share, By Brand
- Barrier Films Market Share, By Company
- Barrier Films Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Barrier Films Market Value Analysis & Forecast
- Promising Barrier Films Market Development by Major Companies
- Detailed Barrier Films Market Portfolio of the Major Companies
- Major Deals in the Barrier Films Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02285842160/barrier-films-market-growth-trends-and-forecasts-2022-2027?Mode=namita
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.
Contact Us:
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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