With the persuasive Barrier Films Market research report, comprehensive analysis of the market structure along with forecast of the various segments and sub-segments of the Barrier Films Market industry can be obtained. The report is bifurcated into several attributes which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again detailed in the report as required to describe the topic and provide maximum information for better decision making. The large scale Barrier Films Market report also gives widespread study about different market segments and regions.
The world class Barrier Films Market report includes data on patterns and improvements, target business sectors and materials, limits and advancements. This market survey offers key information about the industry, helpful and important facts and figures, expert opinions, and the latest developments across the world. Because businesses can achieve extreme benefits with the different segments covered in the market research report, every bit of the market is touched. The business report on the global Barrier Films Market is a valuable document for every market enthusiast, policymaker, investor, and market player. Market share analysis and key trend analysis are the two other major success factors of the wide ranging Barrier Films Market report.
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According to the Food and Agriculture Organization, the per capita consumption of meat by the year 2028 is projected to be around 35.1 Kg. This factor is bound to further proliferate the utilization of ideal packaging such as barrier films wherein polyethylene would be used. Moreover, with increased amount of population is largely ordering food at home, as a result the demand for the films mentioned above is bound to soar. Consequently, the demand for barrier films is anticipated to have massive growth, which will continue over the forecast period.
Data Bridge Market Research analyses that the barrier films market which was USD 23,747.62 million in 2022, would rocket up to USD 36,224.64 million by 2030, and is expected to undergo a CAGR of 5.42% during the forecast period of 2023 to 2030.
“Metalized Barrier Films” dominates the type segment of the barrier films market due to metalized barrier films are specially designed to preserve various types of products to provide a high barrier against oxygen and humidity in terms of ensuring extent shelf life for sensitive products. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Market Definition
Barrier films are impervious packaging solutions that are typically composed of single or multiple layers of flexible films, the material of which varies depending on the application. Barrier films consist of two layers: multiple layers and single layers. Multiple layers based barrier films are specially designed to achieve high-performance levels as compared to single layers based barrier films. Barrier films help to prevent quality deterioration; therefore these films are used to put pharmaceutical products under specific environmental conditions for increased shelf life.
Drivers
- High Demand For Longer Shelf Life for Products
Barrier films extend product life and reduce the need for preservatives. The demand for barrier films is being driven by the consequent demand for convenient food packaging. Barrier films also serve as a printing substrate, enhancing the product's aesthetic appeal. The food and beverage industry is shifting away from traditional packaging formats and toward lightweight, transportable packaging. The barrier films help meet this demand because they are lighter than rigid packaging and eliminate the use of glass and cans, which add weight to the packaging.
Opportunity
- Production of Biodegradable Barrier Films
Furthermore, the initiatives of producing biodegradable and renewable cellulose-based barrier films in order to reduce the environmental impact by the market players extend profitable opportunities to the market players in the forecast period of 2023 to 2030. The environmental impact of packaging is under increasing scrutiny. The companies take these environmental concerns into account and reduce the amount of polymer used without compromising product performance.
Recent Development
- In September 2020, Amcor plc has developed the world's first recyclable flexible packaging, allowing the recycling of various consumer products such as ready meals, baby foods, pre-cooked soups, and many more. The new product development has required dedicated research and investment. The features of new product are increased shelf life and sustainability. According to the company, the new product development will give it good recognition in the market
Global Barrier Films Market Scope
The global barrier films market is segmented on the basis of type, material type, layers, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Metalized Barrier Films
- Transparent Barrier Films
- White Barrier Film
Material Type
- Polyethylene Teraphthalate (PET)
- Polyethylene (PE)
- Polypropylene(PP)
- Polyamides(PA)
- Ethylene Vinyl Alcohol (EVOH)
- Linear Low-Density Polyethylene (LLDPE)
- Others
Layers
- Multiple Layers
- Single Layers
Application
- Food and Beverage
- Pharmaceutical
- Electronics
- Agriculture
- Others
Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- E-Commerce
- Others
Some of the major players operating in the global barrier films market are:
- Amcor plc (Switzerland)
- Mondi (U.K.)
- Huhtamaki (Finland)
- Sealed Air (U.S.)
- Jindal Poly Films Limited (India)
- Toppan Inc., (Japan)
- Kureha Corporation (Japan)
- HPM Global, Inc. (South Korea)
- Flair Flexible Packaging Corporation (U.S.)
- Constantia Flexibles (Austria)
- MULTIVAC (Germany)
- DuPont (U.S.)
- Wihuri Group (Finland)
- BERNHARDT Packaging Process (France)
- Borealis AG (Austria)
- Uflex Limited (India)
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Key Pointers Covered in the Barrier Films Market Industry Trends and Forecast to 2029
- Global Barrier Films MarketSize
- Barrier Films Market New Sales Volumes
- Barrier Films Market Replacement Sales Volumes
- Barrier Films Market By Brands
- Barrier Films Market Procedure Volumes
- Barrier Films Market Product Price Analysis
- Barrier Films Market Regulatory Framework and Changes
- Barrier Films Market Shares in Different Regions
- Recent Developments for Market Competitors
- Barrier Films Market Upcoming Applications
- Barrier Films Market Innovators Study
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Barrier Films Market research report.
- Interaction with research scientists and development heads to understand the nature of the Barrier Films Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Barrier Films Market size
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