Global barrier films market is projected to grow at a brisk CAGR during 2022-2026. Rising demand for packaged and convenience foods, growing demand from high barrier packaging films, growing number of dual-earning families, increasing consumption ready-to-eat food, growing requirement of ready meals packaging and rising demand from the major food and beverages retailing companies in developing economies are some factors, that will propel the demand for barrier films over the next five years.
In terms of geography, APAC is anticipated to remain a strong contributor in the barrier films market in the forecast period, owing to rising demand for customer-friendly packaging. Moreover, presence of large number of retail chains in the countries such as China, India is driving the regional growth through 2026.
Some of the major players operating in the global barrier films are Amcor, Bemis, American Pouch, Sealed Air, BERNHARDT Packaging and Process, ClearBags, Flair Flexible, Packaging, HPM Global, Krehalon UK, Oliver-Tolas Healthcare Packaging, Prairie State Group, Shako Flexipack and The Vacuum Pouch etc
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2019
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
- To analyse and forecast market size of the global barrier films market, in terms of values & volume.
- To define, classify and forecast the global barrier films on the basis of type, end-use industry and region.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, based on region by segmenting global barrier films into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
- To identify tailwinds and headwinds for the global barrier films market.
- To examine competitive developments such as expansions, new product development, contracts, and mergers & acquisitions in the global barrier films market.
- To evaluate competitor and trends in the global barrier films market.
- To strategically profile the leading players, which are involved in barrier films market globally.
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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of barrier films manufacturers globally. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers, distributors and dealers that could not be identified due to the limitations of secondary research. TechSci Research analysed type, end-use industry & regional presence of all major barrier films manufacturers across the globe.
TechSci Research calculated the market size for the global barrier films using a bottom-up approach, where manufacturers’ value data for material of (PE, PP, PET/BOPET, polyamide, organic coating, inorganic oxide coatings & others), barrier films was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
- Global barrier films manufacturers
- Research organizations and consulting companies
- Organizations, associations and alliances related to barrier films
- Government bodies such as regulating authorities and policy makers.
- Industry associations
- Investment Research Firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as manufacturers, dealers, distributors and policy makers, which market segments should be targeted over the Barrier Films coming years (next five years) to strategize investments and capitalize on growth of the market.
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