Press release
Market Insight : High Barrier Packaging Film Market Globally Grow at a CAGR of 5.35% by Revenue During the Forecast Period 2017-2020
Albany, NY, 23 JAN : High barrier packaging films are used for different packaging applications in the food, healthcare, consumer goods, and other industries. These films are usually made of plastic as it is lightweight, non-corrosive, relatively cheaper than other materials, and can be molded into different shapes. The materials generally used in the manufacture of packaging films are polypropylene, polyamide, polyethylene, polyvinyl chloride, ethylene vinyl alcohol, and polyester. Their inert nature and ability to preserve products for a long period make them a popular choice in the food industry. High barrier materials in packaging laminations help prevent the permeation of water, oil, oxygen, aroma, flavor, and light for the better preservation of food products.Technavios analysts forecast the global high barrier packaging film market to grow at a CAGR of 5.35% during the period 2016-2020.
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Covered :
The report covers the present scenario and the growth prospects of the global high barrier packaging film market for 2016-2020. To calculate the market size, Technavio analysts consider the total revenue generated by vendors through the sales of high barrier packaging films to industries such as food, healthcare, and consumer goods.
Segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global High Barrier Packaging Film Market Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Amcor
Bemis
Berry Plastics
DuPont
Sealed Air
Sigma Plastics
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Other prominent vendors
3M
ALPLA-Werke
AMPAC
Celplast Metallized Products
Charter Nex Films
Daibochi Plastic
Innovia Films
LINPAC Group
Mondi
Prairie State Group
Printpack
RPC Group
Schur Flexibles Group
Taghleef Industries
Toray Plastics (America)
Wipak
Key driver
Need for extended shelf life
For a full, detailed list, view our report
Key challenge
Environmental concerns with plastic material
For a full, detailed list, view our report
Key trend
Rise in bio-based polymer films
For a full, detailed list, view our report
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