High Barrier Packaging Films Market Size

1. Summary Global High Barrier Packaging Films Industry Segments, Size, Share, Growth, Analysis, by Material (Polypropylene, Polyvinyl Chloride, Polyethylene, Ethylene Vinyl Alcohol, Low-Density Polyethylene And Linear Low-Density Polyethylene, Transparent high barrier films and Others), by Product (Pouches & Bags, Tray Lidding Film, Wrapping Film, and others), by Technology (Multi-Layer Film, Sustainable Barrier Coatings, Besela Barrier Film and Others), by Application (Food & Beverage, Pharmaceutical, Personal Care & Cosmetics, and Others) and By Region - Global Forecast To 2023 High Barrier Packaging Films Industry Overview High barrier packaging films provide protection to sensitive material from damage stimulus such as moisture, oxygen, and dust, which can degrade quality of products. These films are a suitable substitute for food packaging. They increase shelf life, serve as printing substrate and reduce the need for preservatives. As a result, high barrier films are extensively used in flexible packaging to ensure product integrity and maintain quality. These films are transparent and hence allow consumers to see wrapped products, which is a growing trend in the food industry. Additionally, factors such as growing e-commerce and retail sectors are bolstering the growth of the market. Substantial investments in the packaging industries are favoring the market. Burgeoning food and beverages industry and the online food delivery sector is a key driving force behind the increase of the size of the High Barrier Packaging Films Industry. Request Free Sample Copy With TOC @ https://www.marketresearchfuture.com/sample_request/5028 Considering the traction that the market is witnessing currently, Market Research Future (MRFR) in its recently published analysis asserts that the global High Barrier Packaging Films Industry is forecasted to witness significant growth by 2023, posting a CAGR of 6.5 % throughout the anticipated period (2017 – 2023). Major Players Players leading the global High Barrier Packaging Films Industry include •Bemis Company, Inc. (US) •Amcor Limited (Australia) •Ampac Packaging LLC (US) •Sealed Air Corporation (US) •The Mondi Group (Austria)

2. •Constantia Flexibles Group GmbH (Austria) •Coveris Holdings SA (Luxembourg) •Berry Plastics Corporation (US) •Sonoco Products Company (US) •Huhtamaki Group (Finland) •Wipak Walsrode GmbH & Co. KG (Germany) •Printpack Inc. (US) •Sigma Plastics Group (US) •Linpac Packaging Limited (UK) among others. Industry/Innovation/Related News May 22, 2019 ---- Innovia Films (the UK), a leading global manufacturer and supplier of biaxially-oriented polypropylene films for specialty packaging launched its new line of transparent high barrier packaging films - Propafilm Strata SL. The packaging can act as a standalone mono film and can be recycled in the facilities where polypropylene films are recycled. The glossy film is food contact compliant and chlorine free. Resultantly, Strata SL provides an effective barrier to the aroma, mineral oils, and oxygen, even at high relative humidity levels, ensuring increased shelf life and reduced food waste. Global High Barrier Packaging Films Market –Segmentations Global High Barrier Packaging Films Industry has been segmented based on material, product, technology, application and region. On the basis of material, the market has been segmented as bio plastics, polypropylene, polyvinyl chloride, polyethylene, ethylene vinyl alcohol, low-density polyethylene and linear low-density polyethylene, transparent high barrier films and others. Polyethylene dominates the material segment of the market, with the fastest growth, and is expected to be the fastest growing material segment. Majority of the end-users use LDPE for high barrier packaging films. It has numerous benefits such as ease of processing, barrier to moisture, strength/toughness, flexibility, and ease of sealing. Transparent high barrier films are expected to gain significant share during the forecast period Extensive research & development, and continuous product development for advanced packaging, is fuelling the transparent high barrier films segment growth. PVC is a dense material. It is considered a common material in India, when clarity is an important selection criterion, particularly for consumer packaging.

3. On the basis of technology, the market is segmented as multi-layer film, sustainable barrier coatings, Besela barrier film, and others. On the basis of application, the market is segmented as food & beverage, pharmaceutical, personal care & cosmetics, and others. Food & beverages has the highest share, with the fastest growth of all the application segments of the market, and is expected to be the fastest growing application segment. Increasing population, along with growing demand for food and beverages, is driving the growth of the market. The food products packaged using these films contain less preservatives than canned food products, which has increased their acceptance among health-conscious consumers. Transparent barrier packaging film is a preferred material for the packaging of meat, vegetable, and some beverages in the food industry. Pharmaceutical application is expected to contribute significantly during the forecast period. High Barrier Packaging Films Industry – Regional Analysis The Asia Pacific region due to its burgeoning food & beverages industry accounts for the largest share in the High Barrier Packaging Films Industry, globally. The region is expected to retain its dominance over the global market throughout the forecast period. Factors such as the increasingly lucrative opportunities in the packaging industry and the huge exports of fruits and vegetables, especially from China and India are fostering the growth of the regional market. Moreover, online food ordering business is taking its roots rapidly, especially in India, which in turn, substantiates the growth in the High Barrier Packaging Films Industry. The High Barrier Packaging Films Industry in the North American region holds the second-largest share in the global market. Stringent government regulations for packaging of edible items and the growing demand for quality packaging are driving the growth of the regional market. Higher disposable income is a key driving force behind the significant demand for efficient packaging for food & beverages. Europe High Barrier Packaging Films Industry is emerging as a profitable market, globally. Changing lifestyles drive the growth of the regional market, increasing the demand for eCommerce and online food delivery market. Additionally, the demand for convenience packaging is allowing the High Barrier Packaging Films Industry in the region to grow rapidly. Global High Barrier Packaging Films Industry– Competitive Landscape Highly competitive, the High Barrier Packaging Films Industry appears to be fragmented characterized by the presence of several large and small-scale players. These players incorporate strategic initiatives such as collaboration, acquisition, partnership, expansion, and technology launch to gain a competitive advantage in the market.

4. Manufacturers of these films employ continuous improvement strategies to upgrade products. To achieve this goal, they implement improvements and use advanced technologies. And, thus, meet the changing needs of the consumer. These players invest substantially in research and development projects and develop state-of-the-art equipment, facilities, advanced technology, and processes. Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/high-barrier-packaging- films-market-5028 Table Oof Contents 1 Executive Summary 2 Scope Of The Report 2.1 Market Definition 2.2 Scope Of The Study 2.2.1 Definition 2.2.2 Research Objective 2.2.3 Assumptions 2.2.4 Limitations 2.3 Research Process 2.3.1 Primary Research 2.3.2 Secondary Research 2.4 Market Size Estimation 2.5 Forecast Model 3 Market Landscape 3.1 Porter’s Five Forces Analysis 3.1.1 Threat Of New Entrants 3.1.2 Bargaining Power Of Buyers 3.1.3 Bargaining Power Of Suppliers 3.1.4 Threat Of Substitutes 3.1.5 Segment Rivalry 3.2 Value Chain/Supply Chain Analysis 4 Market Dynamics 4.1 Introduction 4.2 Market Drivers 4.3 Market Restraints 4.4 Market Opportunities 4.5 Market Trends Continues…… About Market Research Future

5. At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Office No. 528, Amanora Chambers Pune – 411028 Maharashtra, India Phone: +1646 845 9312 Email: sales@marketresearchfuture.com https://www.bakeryandsnacks.com/Article/2019/05/22/Innovia-Films-launches-transparent-high-barrier- packaging-films