Packaging films prevent permeation of water vapor, water, aroma, oxygen, light, gas, and flavor in products. These properties are extremely important to maintain the quality of products. Traditional packaging materials such as glass, metal, paper, etc. are being continuously replaced by barrier films, that are comparatively more economic and light-weight.
A major factor driving growth of the global barrier packaging market is increasing demand for processed and packaged food across the globe. Increasing adoption of barrier packaging by various industries such as pharmaceuticals, consumer goods, etc. is another factor driving growth of the global barrier packaging market.
On the basis of material, the global market is segmented into PP (polypropylene), PE (polyethylene), transparent high barrier films, polyvinyl chloride (PVC), ethylene vinyl alcohol (EVOH), and others. The PE segment accounts for highest share in terms of revenue in the global market.
On the basis of technology, the global market is segmented into polymer nanocomposites, multi-layer film, ORMOCERS, sustainable barrier coatings, melamine-based barrier coatings, and besela barrier film.
On the basis of type, the global market is segmented into bags and pouches, stand-up pouches, tray lidding film, forming webs, wrapping film, and blister pack base webs. The tray lidding film segment is expected to witness highest growth in terms of revenue during the forecast period.
On the basis of application, the global market is segmented into food, healthcare, and consumer goods. The consumer goods segment accounts for considerable share in the global market, the food segment is expected to witness highest growth over the forecast period.
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On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts for the significant share in the global market. The market in Asia Pacific is expected to witness highest growth over the forecast period.
Key players in the global market are Amcor Ltd., ALPLA-Werke, DuPont, Sealed Air Corporation, Sigma Plastics Group, The 3M Company (Printpack 3M), Daibochi Plastic & Packaging Industry Bhd., AMPAC, Mondi Plc, LINPAC Group, and other prominent players.