MARKET OVERVIEW
Barrier films are plastic films used to package food and other goods. They are designed to provide an impermeable layer that protects the product from external factors such as moisture, oxygen, light, and aroma. Barrier films are used in various applications, including food, beverages, pharmaceuticals, and cosmetics packaging. The barrier films market is expected to grow due to increasing demand for packaged food, growing demand for packaging that preserves the freshness and quality of food, and rising consumer awareness about the environmental impact of packaging.
MARKET DYNAMICS
Barrier films market will grow owing to the factors such as the need of longer shelf life of food products and rising demand for customer attractive packaging. Barrier films' demand from the electronics industry will further drive the growth of the market. Barrier films' susceptibility to degradation may hinder the growth of the market to a certain extent. However, the emergence of biodegradable barrier films will attract opportunities for the barrier films market.
MARKET SCOPE
The "Barrier Films Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the barrier films market with detailed market segmentation by material, end-use industry, and region. The barrier films market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading barrier films market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The barrier films market is segmented based on material, end-use industry. Based on material, the barrier films market is segmented into PE, PP, PET/BOPET, polyamide, organic coatings, inorganic oxide coatings, others. Based on end-use industry, the barrier films market is segmented into food & beverage packaging, pharmaceutical packaging, agriculture, electronics, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the barrier films market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The barrier films market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the barrier films market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the barrier films market in these regions.
MARKET PLAYERS
The reports cover key developments in the barrier films market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from barrier films market are anticipated to lucrative growth opportunities in the future with the rising demand for barrier films in the global market. Below mentioned is the list of few companies engaged in the barrier films market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the barrier films market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.Â
- Amcor Limited
- Bemis Company, Inc.
- Berry Global, Inc.
- Cosmo Films Ltd.
- Dupont Teijin Films
- Jindal Poly Films Ltd.
- Raven Industries, Inc.
- Sealed Air
- Toppan Printing Co., Ltd.
- Uflex Ltd.