As per this study the global high barrier packaging films market was valued at USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%. By volume, the market was estimated at XX KT in 2021 and is expected to reach XX KT by 2027 with a CAGR of XX%.
High barrier packaging films offer protection from external stimulus to avoid the degrading of product quality. They find application across the various end-use industry but food and beverage is one of the most prominent application areas for high barrier film packaging, where it is used to keep food protected. Also, it is used in pharma to keep the drugs protected and extend shelf-life. Further, it also ensures impermeability of oil, oxygen, water, gas, and moisture thereby maintains product integrity and quality. Some of the major end-use industry are food & beverage, pharmaceuticals, cosmetics and personal care, and healthcare industries.
Growing preference for dairy products and ready-to-eat packaged meals are projected to be the major market driver for the industry. High barrier film packaging is suitable substitutes for pharmaceutical packaging, to keep pharmaceutical products protected, and helps to extend shelf life. As a result, increased demand from the pharmaceutical sector is further fueling the market growth. Strong economic growth coupled with rising disposable income and changing lifestyle resulted into growing demand for convenience food in China & India. This, in turn, increased the demand for high barrier packaging films in Asia Pacific. However, environmental concerns and susceptible to degradation, difficult to recycle and expensive may hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of high barrier packaging films.
The broad high barrier packaging films market has been sub-grouped into technology, material, product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Polymer Nanocomposite
- Multi-Layer Film
- Sustainable Barrier Coatings
- Melamine-Based Barrier Coatings
- Besela Barrier Film
- Linear low-density polyethylene (LLDPE)
- Low Density Polyethylene (LDPE)
- High Density Polyethylene (HDPE)
- Biaxially Oriented Polypropylene (BOPP)
- Biaxially-oriented polyethylene terephthalate (BOPET)
- Cast Poly Propylene (CPP)
- Poly Vinyl Chloride (PVC)
- Polyester (PES)
- Polyamide (PA)
- Poly(Ethylene Vinyl Alcohol) (EVOH)
- Bags And Pouches
- Stand-Up Pouches
- Tray Lidding Film
- Forming Webs
- Wrapping Film
- Blister Pack Base Webs
- Food & Beverage
- Pharmaceutical & Medical
- Personal Care & Cosmetics
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for high barrier packaging films in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global High Barrier Packaging Films Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the high barrier packaging films market include Amcor, American Pouch, Bemis, BERNHARDT Packaging and Process, ClearBags, Flair Flexible Packaging, HPM Global, Krehalon, Oliver-Tolas Healthcare Packaging, Prairie State Group, Taghleef Industries Inc., Sealed Air, Shako Flexipack, and Jindal Poly Films. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.