Global Barrier Shrink Bags Market, By Barrier Type (Low Barrier, Medium Barrier, High Barrier, Ultra-High Barrier), Product Type (Round Bottom, Straight Bottom, Side Sealed), Material Type (Polyethylene (PE), Polypropylene (PP), PET, Ethylene Vinyl Alcohol (EVOH), Polyvinyl Chloride (PVC), Polyvinylidene Dichloride (PVDC), Polyamide (PA), Others), Thickness (Up to 50 Micron, 50 to 70 Micron,70 to 90 Micron, 90 to 110 Micron, above 110 Micron), Application (Seafood, Poultry, Cheese and Dairy Products, Other Food), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Barrier Shrink Bags Market
The barrier shrink bags market is expected to witness market growth at a rate of 4.5% in the forecast period of 2021 to 2028 and is estimated to reach 2,850 USD million by 2028. Data Bridge Market Research report on barrier shrink bags market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand from food industries for moisture and aroma barrier food packaging is escalating the growth of barrier shrink bags market.
Barrier shrink bags can be defined as bags that are produced with fiber and paper backing, which offers durability, high tear resistance, and high strength. The barrier shrink bags are accessible with a broad range of adhesion quality as per the demands in the several applications.
Major factors that are expected to boost the growth of the barrier shrink bags market in the forecast period are the rise in the demand for heavy duty adhesive packaging material. Furthermore, the increase in the industrialization is further anticipated to propel the growth of the barrier shrink bags market. Moreover, the increasing cross border trades around the globe is further estimated to cushion the growth of the barrier shrink bags market. On the other hand, the constant shift in the consumer demand and increase in the price regarding the raw materials is further projected to impede the growth of the barrier shrink bags market in the timeline period.
In addition, the meat packaging and poultry products packaging will further provide potential opportunities for the growth of the barrier shrink bags market. However, the constant change in the guidelines on the plastic use to decrease environmental influence might further challenge the growth of the barrier shrink bags market in the near future.
This barrier shrink bags market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on barrier shrink bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Barrier Shrink Bags Market Scope and Market Size
The barrier shrink bags market is segmented on the basis of barrier type, product type, material type, thickness and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of barrier type, the barrier shrink bags market is segmented into low barrier, medium barrier, high barrier, and ultra-high barrier.
- On the basis of product type, the barrier shrink bags market is segmented into round bottom, straight bottom, and side sealed.
- On the basis of material type, the barrier shrink bags market is segmented into polyethylene (PE), polypropylene (PP), PET, ethylene vinyl alcohol (EVOH), polyvinyl chloride (PVC), polyvinylidene dichloride (PVDC), polyamide (PA), and others.
- On the basis of thickness, the barrier shrink bags market is segmented into up to 50 micron, 50 to 70 micron, 70 to 90 micron, 90 to 110 micron, and above 110 micron.
- On the basis of application, the barrier shrink bags market is segmented into seafood, poultry, cheese and dairy products, and other food.
Barrier Shrink Bags Market Country Level Analysis
The barrier shrink bags market is analysed and market size, volume information is provided by country, barrier type, product type, material type, thickness and application as referenced above.
The countries covered in the barrier shrink bags market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the barrier shrink bags market due to the increase in the consumption of poultry and dairy and dairy products such as meat, fish, and cheese. Furthermore, the growing of the retail sector in the advancing countries will further boost the growth of the barrier shrink bags market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the barrier shrink bags market due to the rise in the number of modern retail outlets.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Barrier Shrink Bags Market Share Analysis
The barrier shrink bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to barrier shrink bags market.
The major players covered in the barrier shrink bags market report are Bemis Company, Inc., WINPAK LTD., KUREHA CORPORATION, Coveris, Schur Flexibles Holding GesmbH, Sealed Air, Flavorseal., Flexopack, Globus Group Pty Ltd, Buergofol GmbH, Allfo, PREMIUMPACK GmbH, ProAmpac., LINPAC Packaging, Bischof & Klein SE & Co. KG, Spektar d.o.o., Inauen Group, Atlantis-Pak, IZDELAVA EMBALAŽE KUPLAST MATEJKA KUMAR S.P., and VacPac Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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