Published Market Report | High Barrier Packaging Films Market Size, Share, & Forecast 2023-2030 - Study by RationalStat

The global high barrier packaging films market is expected to reach US$ 24.2 billion by 2030, with an annual growth rate of more than 3.9%.

According to RationalStat's most recent industry analysis, the Global High Barrier Packaging Films Market value is estimated at US$ 18.5 billion in 2023 and is expected to rise at a strong CAGR of over 3.9% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview

High barrier packaging films are materials used in the packaging business that provide an effective barrier against gas, moisture, and other external element's permeation. These films are intended to protect the packaging's contents from conditions that can affect their quality, shelf life, or general performance.
With a growing global population and changing lifestyles, the demand for packaged and processed foods is increasing. By safeguarding these products from external forces, high barrier packaging films help to increase their shelf life.

According to a deep-dive market assessment by RationalStat, the global High Barrier Packaging Films market has been analyzed on the basis of market segments, including film type, material type, packaging type, end user and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the global High Barrier Packaging Films market covers market sizes on the basis of market value (US$/EUR Million), volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the global High Barrier Packaging Films market. It also includes the industry's current state - Production levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global High Barrier Packaging Films Market: Segmental and Market Share Analysis

• On the basis of material type, plastic high barrier packaging films are expected to be the most popular material. By 2030, the segment is estimated to be worth US$20.4 billion.

• On the basis of end user, increasing preference for processed and convenient packaged food is projected to drive the food & beverages segment in terms of end user during the forecast period.

Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 18.5 billion
Market Size Forecast US$ 24.2 billion
Growth Rate 3.9%
Dominant Segment Plastic
Dominant Region Asia Pacific

Key Market Drivers
• Increasing demand for processed and packaged food
• Increasing use of collation shrink films

Companies Profiled
• Amcor Plc
• Sealed Air Corp
• Glenroy Inc
• Winpak Ltd
• Mondi Plc
• Toray Plastics Inc
• Berry Global Inc
• Uflex Ltd
• Cosmo Films Ltd
• Jindal Poly Films Ltd
• Glenroy Inc
• Schur Flexibles GmbH
• Dunmore Corporation
• Polyplex Corporation Limited
• ACG Worldwide Private Limited

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Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global high barrier packaging films market include.

• In December 2022, Amcor plc., a global leader in packaging solutions, built China's largest flexible packaging factory to improve its position and address Asia Pacific's rising demand for flexible packaging solutions.

Some of the prominent players and suppliers operating and contributing significantly to the global high barrier packaging films market growth include Amcor Plc, Sealed Air Corp, Glenroy Inc, Winpak Ltd, Mondi Plc, Toray Plastics Inc, Berry Global Inc, Uflex Ltd, Cosmo Films Ltd, Jindal Poly Films Ltd, Glenroy Inc, Schur Flexibles GmbH, Dunmore Corporation, Polyplex Corporation Limited, and ACG Worldwide Private Limited, among others.

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RationalStat has segmented the global high barrier packaging films market based on film type, material type, packaging type, end user and region
• Global High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Film Type
o Metalized Films
o Clear Films
o Organic Coating Films
o Inorganic Oxide Coating Films
• Global High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Material Type
o Plastic
o Aluminium
o Oxides
• Global High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Packaging Type
o Pouches
o Bags
o Lid
o Shrink Films
o Laminated Tubes
o Others
• Global High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by End User
o Food & Beverages
o Pharmaceuticals
o Electronic Devices
o Medical Devices
o Agriculture
o Chemicals
o Others
• Global High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Region
o North America High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa High Barrier Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

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Key Questions Answered in the High Barrier Packaging Films Report:
• What will be the market value of the global High Barrier Packaging Films market by 2030?
• What is the market size of the global High Barrier Packaging Films market?
• What are the market drivers of the global High Barrier Packaging Films market?
• What are the key trends in the global High Barrier Packaging Films market?
• Which is the leading region in the global High Barrier Packaging Films market?
• What are the major companies operating in the global High Barrier Packaging Films market?
• What are the market shares by key segments in the global High Barrier Packaging Films market?

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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