The market of packaging barrier films is expected to reach US$ 25.03 billion by 2029 from US$ 17.55 billion in 2022 at a CAGR of 5.2% during the forecast period.
Packaging Barrier Films Market Overview:
Maximize the new Market Research report, Global The market of packaging barrier films, is useful for understanding market competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that can provide readers with vital business insights. The research provides a market overview explaining value chain structure, geographical analysis, applications, market size and forecast (2021-2027). The research will serve as a tool for a more accurate assessment of the current and future conditions of the worldwide market for barrier packaging films.
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Packaging Barrier Films Market Scope:
The research provides an analytical view of the business by studying several elements such as the worldwide Barrier Packaging Films market growth, consumption volume, market trends, and company price structures throughout the forecast period. The analysis involves extensive research to explore the complexities of the market. The research provides an overview of the worldwide barrier packaging films market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographic landscape. The study considers the growth drivers, current trends, advancements, prospects and competitive environment in its research. This market has been examined in several areas based on productivity and production base.
Packaging Barrier Films Market Segmentation:
The Consumer Durables, Healthcare, Pharmaceuticals, Food & Beverage, Chemicals and Other segments of the Global Packaging Barrier Films Market are based on end-use. By 2029, the Food & Beverage segment, which dominated in 2022, is projected to control % of the market. The demand for protective barrier films has increased as a result of internal parameters such as pH and preservatives, as well as external parameters such as temperature, humidity and environmental factors that have an impact on food products.
Because consumers are now focusing on convenience, grab-and-go products are in high demand. This trend has also increased the demand for barrier packaging films in the food and beverage sector. Bakery items, cookies, frozen foods, pet food, chips and snacks, dairy products, meat, dried fruits and other products widely use barrier packaging films.
The Global Packaging Barrier Films Market is segmented into polyvinylidene chloride, PET, PE and others based on material. By 2029, the PET market segment, which dominated in 2022, is projected to control % of the market. Because PET can be metallized by metal vapor deposition, which increases barrier protection against oxygen and water, it is widely used. A newly developed PET film called liquid crystal PET is used for applications requiring high gas barriers.
Market size estimates and forecasts (value) by product type, 2022-2029
1. Leg bag
2. Bags and pouches
3. Formation of the Web
4. Film for tray cover
5. Blister pack
6. Wrapping films
Market size estimates and forecasts (value) by material, 2022-2029
1. Polyethylene (PE)
2. Polyvinylidene chloride
3. Polyethylene terephthalate (PET)
Market size estimates and forecasts (value) by end-use, 2022-2029
1. Durable consumer
4. Food & Beverage
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Key Players of Packaging Barrier Films Market:
Then it discusses in detail the top competitors in the global Packaging Barrier Films market, as well as the emerging players, including market share based on revenue, demand, high-quality product manufacturers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, value chain, price structure and industrial supply chain. The following players are featured in this report:
• Shako Flexipack
• Closed air
• Combs UK
• Prairie State Group
• American bag
• Oliver-Tolas Healthcare packaging
• BERNHARDT Packaging & Process
• HPM Global
• Vacuum bag
• Flair Flexible Packaging Corporation
• Mondi Plc
• Huhtamaki Oyj
• Winpak Ltd.
• Atlantis Pak Co. Ltd.
• Glenroy, Inc.
• Uflex Ltd.
• Plastissimo Film Co. Ltd.
• Bischof & Klein GmbH.
• Ampac Holdings LLC
• Schur Flexibles Holding GesmbH
• Linpac Packaging Limited
• Clondalkin Group Holdings BV
• Accredo Packaging, Inc.
• Sigma Plastics Group, Inc.
• Krehalon Industrie BV
• Supravis Group SA
• Sudpack Verpackungen GmbH & Co. KG
• Flexopack SA
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The report has analyzed the global market for packaging barrier films in the following regions:
- North America (United States, Canada and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy and rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia and Australia)
- Latin America (Brazil, Argentina, Colombia and the rest of South America)
- Africa and the Middle East (Saudi Arabia, United Arab Emirates, Egypt, South Africa and the rest of the Middle East and Africa)
The research provides comprehensive insights into the numerous development opportunities and challenges in the above-mentioned regions based on various commodity types, applications, end-users, and countries, among others. The research also includes the key features of the worldwide Packaging Barrier Films market such as sales growth, pricing and product analysis, growth potential, and suggestions for handling market issues in the given regions.
Analysis of the impact of COVID-19 on the packaging barrier films market:
COVID-19 is an unprecedented worldwide public health emergency that has affected virtually every business, and the long-term impacts are expected to impact industry growth throughout the projection period. Our ongoing study expands our research methodology to include underlying concerns of COVID-19 and potential next steps. The research provides insights into COVID-19 by considering changes in consumer behavior and demand, purchasing patterns, supply chain rerouting, the dynamics of contemporary market forces and key government initiatives. The revised report contains insights, analysis, projections and forecasts based on the impact of COVID-19 on the market.
Key questions answered in the Packaging Barrier Films Market Report are:
- Who are the leading companies in the Packaging Barrier Films market?
- What is the potential market for barrier packaging films in terms of region?
- Which application area of Packaging Barrier Films is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will the market size of Packaging Barrier Films be in 2027?
- What are the growth prospects for the Packaging Barrier Films market?
- What is the base year considered in the Packaging Barrier Films market report?
- Which region holds the largest market share in the packaging barrier film market?
- What Factors Are Expected To Drive The Packaging Barrier Films Market?