The latest research study “Barrier Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global barrier films market size reached US$ 31.18 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 43.91 Billion by 2027, exhibiting a growth rate (CAGR) of 5.70% during 2022-2027.
Barrier films represent the films made up of flexible substrates that reduce the need for preservatives and extend the life of products while adding an aesthetic appeal. They encapsulate flexible, organic, and printed electronics without affecting their functionality, printability, flexibility, or performance. Barrier films offer robust, lightweight, and versatile coverage that prevents external elements from entering or exiting the packaging of a product, therefore avoiding degradation caused by moisture, oxygen, and other environmental factors. Compared to conventional films, such as sliders and resealable zippers, they provide increased heat tolerance, faster machining speed, and extended shelf life, making this an ideal choice for packaging. In addition to this, barrier films can also serve as printing substrates. As a result, these products find widespread applications in pharmaceutical and food and beverage (F&B) packaging and the agriculture sector across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request a free sample brochure: https://www.imarcgroup.com/barrier-films-market/requestsample
Barrier Films Market Trends and Drivers:
The escalating demand for convenient packaging in various end-use industries, including food and beverage (F&B), pharmaceuticals, and fast-moving consumer goods (FMCG), is among the primary factors driving the barrier films market. Besides this, the elevating requirement for lightweight, easy-to-transport, and customer-friendly packaging and the continual package downsizing, and the expanding number of retail chains across the globe are further augmenting the market growth. Moreover, the launch of several policies by the government bodies to produce renewable and biodegradable cellulose-based barrier films to reduce the environmental impact by the players is also catalyzing the global market. Apart from this, the emerging trend of urbanization and industrialization, the inflating number of investments focusing on sustainable development, and the extensive utilization of innovative packaging strategies are anticipated to propel the barrier films market over the forecasted period.
Click here to view detailed information with table of content: https://www.imarcgroup.com/barrier-films-market
Barrier Films Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Amcor plc, Berry Global Inc., Cosmo Films Ltd., Dupont Teijin Films, Flair Flexible Packaging Corporation, HPM Global Inc, Jindal Poly Films Ltd., Mondi plc, Sealed Air Corporation and Toppan Inc.
The report has been segmented the market into following categories:
Breakup by Type:
- Metalized Barrier Films
- Transparent Barrier Films
- White Barrier Film
Breakup by Material:
- Polyethylene Teraphthalate (PET)
- Polyethylene (PE)
- Polypropylene (PP)
- Polyamides (PA)
- Ethylene Vinyl Alcohol (EVOH)
- Linear Low-Density Polyethylene (LLDPE)
- Others
Breakup by End Use:
- Food and Beverage Packaging
- Pharmaceutical Packaging
- Agriculture
- Others
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
