Global Demand for Transparent Barrier Packaging Films Market in Food Industry Witnessed for Rapid Growth at a CAGR of 6.34%

Nowadays, consumers increasingly prefer food without artificial preservative due to increased health awareness. In this case, the usage of high-barrier packaging to extend the shelf life of the product has grown. Food manufacturers use transparent barrier films packaging as a tool to increase the sales of the food product by projecting the freshness of the food items to the customers, which as a result positively contributed towards its market growth. To explore emerging trends and key factors in the market, a study titled “Global Transparent Barrier Packaging Films Market in Food Industry 2017-2021” has been freshly broadcasted to the wide online repository of Market Research Hub (MRH).

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The overall report presents a comprehensive assessment of the market and contains thoughtful insights, facts, and historical data, along with future relevant data, which helps to predict growth of the market by the end of 2021. Additionally, the study provides analysis and information according to market segments such as geography, type and applications. As per the findings, in recent years, high demand from various industries, such as pharmaceuticals, consumer goods, and specifically food and beverages industry, has provided a significant boost to the transparent barrier film market. Considering this demand, analysts forecast the global transparent barrier packaging films in the food industry to grow at a CAGR of 6.34% during the period 2017-2021.

Transparent barrier packaging films are used for providing transparency to the product and shielding them from dust, gases, moistness and aroma. It is a packaging film made up of different types of polymers, based on the application. This form of high barrier film packaging is suitable alternatives for food packaging and pharmaceutical packaging, to keep products protected, and extend shelf life. Due to this, the global food industry is the major contributor to the growth of the global transparent barrier packaging films market, and contributes around 57.36% share to the market, finds study.

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Geographically, the research studies market significance in major regions such as APAC, EMEA and Americas. Of these, the global market is led by Asia Pacific, which at present has maximum share in the market. The study also includes analysis of trending factors influencing the market shares of following regions. Major market trends analyzed by the study are innovation in transparent barrier films, recycling of transparent barrier films and growing bio-degradable film market. Moreover, the market has been segmented by types of packaging which includes pouch packaging, skin and windowed packaging. Pouches will be the major revenue contributor to this market throughout the forecast period.

Top vendors present in this market are Toppan Printing, Berry Global, Amcor, Mitsubishi Plastic and Bemis. Other prominent vendors are Daibochi Plastic and Packaging Industry, Ampac Holdings, Innovia Films, Celplast Metallized Products, Charter NEX and Mondi.

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