openPR Logo
Press release

Barrier Foil Market Trends and Opportunities for the Industry by 2025

12-06-2017 02:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Barrier Foil Market Trends and Opportunities for the Industry

Barrier Foil Market: Overview

Barrier foil is a type of packaging, which offers a resistant barrier to prevent food, pharmaceutical, beverage, and cosmetics and helps in reducing waste. Barrier foil is extremely erosion-resistant and for most fillings, chemically neutral. Moreover, barrier foil is non-tainting, hygienic, and non-toxic in nature. Further, the raw material for barrier foil packaging is a kind of flexible packaging material and is primarily produced using aluminum sheets. The primary end-users of the barrier foil market are pharmaceuticals food, and beverages industries. Barrier foil wrap is manufactured through the continuous cold rolling and casting and henceforth it is appropriate to be used to enclose around any product for packaging purposes.

Download exclusive Sample of this report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30296

Barrier Foil Market: Drivers & Restraints

The major factors which are boosting the growth of barrier foil market are increasing use of rapid growth and technology advancement in the packaging industry, growing consumer emphasis on sustainable and convenience lifestyles turn to barrier foil packaging one of the rapidly growing packaging areas in forecast years. Moreover, with improving living standards and increasing consumption of packaged products driving demand there is continuous growth in barrier foil market. Transparent barrier foil is replacing traditional materials, such as flexible barrier foil, for numerous end-user applications due to increasing consumer demand for packaging feasibility, transparency, and the use of microwave ovens and metal detectors. In terms of industry verticals, the demand of barrier foil in packaging in food industry continues to be the major end-use segment for barrier foil market in coming years. The rapidly growing end-user applications for pouch barrier foil packaging include beverages, snack foods, meat, pet food, produce, pharmaceuticals pet supplies, and medical devices. The growth of barrier foil in food packaging usage is being driven by the demand and growth from families with all working adults, empty-nest households, and the subsequent consumer demand for shorter preparation times, convenience, and smaller package sizes. The growth of barrier foil packaging is partially due to the growing demand for pharmaceutical packaging, and convenience foods but the majority of barrier foil packaging’s growth is due to the expansion of the market in emerging economies. Also, price variability has also had an adverse effect, as aluminum foil is used for a varied range of barrier packaging products, including foil lidding, blister packaging, foil laminates, and foil sachets, bags, and pouches.

Barrier Foil Market: Market Segmentation

In terms of end-use types, Pouches accounts for significant share in overall Barrier Foil market due to its high demand in food and beverage, cosmetics, and pharmaceutical industry. Further due to price variability has also had an adverse effect, as aluminum foil is used for a varied range of end-user products. The Barrier Foil market is segmented into four parts based on the packaging type, application type, end-user type, and geography.

Obtain Report Details @ https://www.transparencymarketresearch.com/barrier-foil-market.html

Based on the packaging type barrier foil market is segmented into:

Flexible
Rigid
Semi-Rigid

Based on the end-use type barrier foil market is segmented into:

Cans
Aerosols
Tubes
Lids
Dishes
Containers
Pouches
Others

Based on the Industrial application barrier foil market is segmented into:

Food and Beverages
Pharmaceutical
Cosmetics
Others

Barrier Foil Market: Regional Outlook

Regarding geography, barrier foil market has been fragmented into seven key regions including North America, Eastern Europe, APEJ, Western Europe, Japan, Latin America, and the Middle East & Africa. Barrier foil market is expected to register significant CAGR during the forecast period due to its advanced properties such as it offers significant reductions in packaging costs, materials use and transport costs. The future growth rates of the barrier foil market are similar to the projected GDP growth rates. Economies with improving living standards will continue to grow steadily. High demand of barrier foil in FMCG products and technological advancement in packaging across the globe is increasing the demand and growth of barrier foil market in coming years. In terms of developing economies of APAC, the growth of the barrier foil is significantly high and with significant CAGR in projected years attributed to factors such as globalization, rapid economic development, and increasing demand of the flow pack in food & beverages industry and pharmaceutical as well as personal care products. Rising growth and demand for barrier foil and the high rate of corrosion resistance characteristics of aluminum is the major factor for the barrier foil market continuous growth in the coming years. Further, increasing demand for packed beverages and food upshots in an increase in consumer barrier foil packaging. Barrier foil used in pharmaceutical packaging is expected to witness the strongest growth in the forecast period. In addition, over the estimate period, APEJ barrier foil market for is expected to grow significantly due to the growth of packaging industry in the region. Overall, the global market for barrier foil is expected to grow significantly by the end of forecast period. Barrier foil market for APEJ is also expected to accounts for rapid growth during the projected period primarily attributed to the growth of smart packaging market and increasing usage of flow pack packaging in different industry verticals, especially in China and India. The barrier foil market is growing at rapid rate and is likely to grow at significant CAGR in forecast years.

Barrier Foil Market: Few Players

The leading manufacturer of barrier foil market is expanding their presence in developing economies with technological advancement and a wide range of product offering in different industry verticals. Moreover, Greiner Packaging GmbH together with the IPEC Institute for Polymer Extrusion and Compounding (IPEC) University exploring realistic production technologies for the manufacture of packaging barrier foil with a unique coextrusion facility.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Barrier Foil Market Trends and Opportunities for the Industry by 2025 here

News-ID: 848429 • Views: 164

More Releases from Transparency Market Research

Coconut Oil Market- Positive Long-Term Growth Outlook till 2025
Coconut oil is extracted from dried or tender coconut kernels and is a tasteless and colorless oil. The coconut oil is available in two types based on the extraction- unrefined and refined or virgin oil. Unrefined oil is unbleached and unprocessed and is rarely used in consumption, while virgin oil is used in consumption. Obtain Report Details @ https://www.transparencymarketresearch.com/coconut-oil-market.html The coconut oil market has seen tremendous potential in the personal
Cassava Flour Market: Global Size, Trends, Competitive, Historical and Forecast …
Cassava flour is gaining worldwide recognition as an alternative for wheat flour and other gluten-based flours. It contains more calories in comparison to other flours. Cassava flour is considered as a rich source of starch, which is the main source for carbohydrates and dietary fibers. In the global flour market, the demand for cassava flour is high, owing to its very less content of gluten in comparison to other varieties
Tiger Nuts Market - Growth Prospect and Future Scenario by 2026
The growing demand for healthy, plant-based snacks among consumers has fuelled the growth of tiger nuts in recent years. Tiger nuts are naturally occurring tuberous rhizome of sedge grass known as cyperus esculentus lativum. Tiger nuts do not belong to the nut family, but they have a texture similar to wrinkled crunchy granules. Tiger nuts are natively cultivated and consumed in Egypt and Spain as a part of the Mediterranean
Understanding Impact of COVID-19 on Wound Closure Products Market
The global wound closure products market is a highly competitive market with a high number of global and local players operating in it around the world, states a new market research study by Transparency Market Research. The key players in the market are focusing on the expansion of the product portfolio and the innovations, which is expected to support the growth of the overall market in the next few years.

All 5 Releases


More Releases for Barrier

Global Noise Barrier Market Research
Global Noise Barrier Market Research Clamor is exceptionally basic component in deciding the nature of human wellbeing as it might cause the psychological harm, for example, push, exasperates rest and trouble in concentrating. Clamor contamination made by vehicles, modern procedures, entertainment and others have come to at disturbing dimensions provoking the community organization experts to control its degree particularly in clinic zones, local locations and other delicate spots. Commotion hindrance
Barrier Resins Market aforementioned Analysis of 2025
Global Barrier Resins Market: Overview It is over 50 years now and the research and development activities on polymers and plastics have considerably increased over the years in order to make polymers and plastics more usable in many application areas. Plastics and polymers have various useful characteristics such as enhanced shelf life, easy transportation, clarity and transparency, flexibility, and low cost. Still, the leading application is the food and beverages industry.
Global Adhesion Barrier Market Research Report 2017
Report Hive Market Research Released a New Research Report of 104 pages on Title " Global Adhesion Barrier Market Research Report 2017 "with detailed Analysis, Forecast and Strategies. In this report, the global Adhesion Barrier market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented
Global Moisture Barrier Market Research Report 2017
Moisture Barrier Market Summary Wiseguyreports.Com Adds “Moisture Barrier -Market Demand, Growth, Opportunities and analysis of Top Key Player Forecast to 2021” To Its Research Database Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Moisture Barrier in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India ...….. For Sample report @ https://www.wiseguyreports.com/sample-request/1000334-global-moisture-barrier-market-research-report-2017 Global Moisture Barrier
Alenco Introduces Radiant Barrier Insulation
11/17/11, Kansas City, Mo – Alenco Inc announces the introduction of an exciting new product in the Kansas City metro area that will lower homeowners’ costs of living while allowing them to maintain comfortable temperatures in their home. The product is called Green Energy Barrier and it is a special radiant barrier reflective insulation system that is so powerful and effective, it is the same radiant heat barrier used
O2 More smashes the two million barrier
Personalised mobile marketing service doubles base in six months London: O2 Media today announces that its personalised media service, O2 More, has reached the milestone target of two million customers since its launch in November 2009. In addition O2 Media has now signed up over 1000 brands since launch including Marks & Spencer, Adidas, Sainsbury’s, Tesco, Ocado, House of Fraser, French Connection, The Economist, Kit Kat, Guinness and Honda. O2 was the first