The barrier shrink films are used to offer protection to the food items from dust, moisture, and gas. These films also retain the aroma, flavor, freshness, and taste of the food items. The barrier shrink films have capability to increase the shelf life of the products. These films are used in food & beverages, healthcare, cosmetics & personal care, and many other industries.
MARKET DYNAMICS
The ability of barrier shrink films to protect the good for an elongated period of time is the major driver for the growth of the market. There is growing demand for barrier shrink films for food, ready-to-eat snacks, and frozen meals packaging. Many innovative products are being developed by the manufactures which further contributes for the growth of the market. However, the presence of other alternative products in the market may hinder the market growth.
MARKET SCOPE
The "Global Barrier Shrink Films Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the barrier shrink films market with detailed market segmentation by material and application. The global barrier shrink 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 shrink films market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global barrier shrink films market is segmented into material and application. By material, the barrier shrink films market is classified into polyethylene, polypropylene, polyethylene terephthalate, polyamide, and others. By application, the barrier shrink films market is classified into food & beverages, healthcare, cosmetics & personal care, and 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 global barrier shrink films market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The barrier shrink 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 shrink films market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 shrink films market in these regions.
MARKET PLAYERS
The report covers vital developments in the barrier shrink 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the barrier shrink films market are anticipated to lucrative growth opportunities in the future with the rising demand for barrier shrink films in the global market. Below mentioned is the list of few companies engaged in the barrier shrink films market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the barrier shrink films market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Sealed Air
- Coveris
- Flavorseal
- PREMIUMPACK
- FLEXOPACK S.A.
- PMMI Media Group
- WINPAK LTD
- Schur Flexibles Holding
- BUERGO.FOL GmbH
- KUREHA CORPORATION