Press release
Barrier Packaging Market Explores New Growth Opportunities By 2024
Barrier packaging is the most common type of packaging used to protect food stuff. It offers protection to food and beverages and retains their quality. In order to extend the shelf life of the products and preserve their original quality, barrier packaging is majorly used in pharmaceuticals, and food and beverages sectors. For instance, Nestle’s France SAS used structures containing DuPont Bynel in barrier packaging that can withstand the sterilization required for baby food. The light, easy-to-open, microwavable containers won a gold award at the 2005 DuPont Awards for Packaging Innovation.Request Free Sample Report @ https://www.zionmarketresearch.com/sample/barrier-packaging-market
Increasing demand for the packed goods globally is expected to boost the global barrier packaging market. Demand for stand-up pouches is also increasing at a faster rate which is also anticipated to fuel the global market growth in the near future. Moreover, some companies using barrier packaging to pack baby food products will also impact the market growth positively. Rising disposal income and changing preferences of manufacturers are anticipated to contribute to the global market growth in future. Changing consumer preferences for the ready meal and packed food also contributes to the growth of the barrier packaging market. Conversely, recycling of the barrier packaging is the major challenge before market.
The barrier packaging market is segmented on the basis of material as polyethylene (PE), polypropylene (PP), Polyamide (nylon), ethylene vinyl alcohol (EVOH), and others. PP is leading the segment in the global market. Further, based on the end-use application, the global market is divided into healthcare, consumer goods, food industry, and others. Of which, the food industry is a dominating application segment in the global market. The global market is further categorized based on types as blister pack base webs, forming webs, stand-up pouches, bags, and pouches, wrapping film, and tray lidding film. Stand-up pouches are the most demanding in the market. Furthermore, the barrier packaging market is fragmented on the basis of technology as, multi-layer film, polymer nanocomposites, melamine-based barrier coatings, ormocers, Besela barrier film, and sustainable barrier coatings.
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Geographically, the global barrier packaging market is segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific is the leading region in the global is barrier packaging due to increasing end-use applications. It is emerging as an attractive market for consumer goods and packed foods in countries such as India and China. These countries are anticipated to witness rapid growth in future. Changing consumer preferences and online marketing in Japan also positively impacts the barrier packaging market in this region. In addition, rising disposable income will also spur the global market in the coming years.
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Some of the major players in the barrier packaging market are Sealed Air, Schur Flexibles Group, Innovia Films, ALPLA-Werke, Daibochi Plastic, Celplast Metallized Products, DuPont, Amcor, Mondi, Charter Nex Films, RPC Group, Prairie State Group, and Berry Plastics. Other key players in the global market are Bemis, Wipak, LINPAC Group, Printpack, Taghleef Industries, 3M, Toray Plastics, and AMPAC.
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