Global Transparent Barrier Packaging Film Market, By Material (Polyvinylidene Chloride (PVDC), Ethylene Vinyl Alcohol (EVOH), Polypropylene (PP), Polyethylene Terephthalate (PET), Polyamide, Polyethylene, Biaxially Oriented Polypropylene (BOPP) and Other Materials), Application (Food and Beverages, Pharmaceutical Packaging, Personal Care Product Packaging, Household Care Product Packaging, Consumer Goods and Other Applications), Coatings (Silicon Oxide, Aluminium Oxide, and Ceramics), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Transparent Barrier Packaging Film Market
Data Bridge Market Research analyses that the transparent barrier packaging film market will project a CAGR of 6.80% for the forecast period of 2021-2028. Rising focus on the packaging product innovations by the manufacturers, growth and expansion of packaging industry especially in the developing economies like India and China, surging demand for consumer goods and increased personal disposable income are the factors driving the growth of transparent barrier packaging film market. Therefore, the transparent barrier packaging film market value, which was 4500 million in 2020, will rocket up to USD 7616.97 million by 2028.
The transparent barrier packaging films are used for a wide range of applications. The transparent barrier packaging films are coated with an inorganic layer through vapour deposition processing to suit multiple applications. The transparent barrier packaging films prevent permeations of gases into the packaged products.
Rising demand for customer friendly packaging solutions is driving the growth in the market value. Growing demand for ready to eat and processed food products and growth and expansion of the pharmaceuticals industry especially in the developing economies will further induce growth in the market value. Rising proliferation of e-commerce industry especially in the developing economies and growing awareness about the benefits of transparent barrier packaging films are some other market growth determinants. Also, increasing modernization, urbanization and increased focus on the product customization by the major manufacturers are some other indirect factors that will also promote the market growth rate.
However, fluctuations in the prices of raw packaging materials will create hindrances for the transparent barrier packaging film market growth rate. Issue related to recycling to multilayer films will further dampen the transparent barrier packaging film market growth rate. Also, growing availability of alternatives in the market such as aluminium foil will hamper the transparent barrier packaging film market growth rate.
This transparent barrier packaging film 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, geographic expansions, technological innovations in the market. To gain more info on transparent barrier packaging film market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Transparent Barrier Packaging Film Market Scope and Market Size
Global transparent barrier packaging film market is segmented on the basis of material, application and coatings. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of material, the transparent barrier packaging film market is segmented into polyvinylidene chloride (PVDC), ethylene vinyl alcohol (EVOH), polypropylene (PP), polyethylene terephthalate (PET), polyamide, polyethylene, biaxially oriented polypropylene (BOPP) and other materials.
- On the basis of application, the transparent barrier packaging film market is segmented into food and beverages, pharmaceutical packaging, personal care product packaging, household care product packaging, consumer goods and other applications.
- On the basis of coatings, the transparent barrier packaging film market is segmented into silicon oxide, aluminium oxide, and ceramics.
Transparent Barrier Packaging Film Market Country Level Analysis
The global transparent barrier packaging film market is analysed and market size insights and trends are provided by country, material, application and coatings as referenced above.
The countries covered in the transparent barrier packaging film market report are 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, South Africa, Egypt, Israel, 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.
Europe region dominates the transparent barrier packaging film market and will continue to flourish its trend of dominance during the forecast period owing to the increasing demand for packaged food products. Asia-Pacific will however register the highest CAGR for this period. Availability of raw materials, rising urbanisation, growth and expansion of pharmaceuticals industry and increasing personal disposable income are some important market growth determinants.
The country section of the transparent barrier packaging film market 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 Transparent Barrier Packaging Film Market Share Analysis
The transparent barrier packaging film 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 transparent barrier packaging film market.
The major players covered in the transparent barrier packaging film market report Amcor plc, Bemis Manufacturing Company, Berry Global Inc., Sealed Air, Sonoco Products Company, DS Smith, 3M, Mitsubishi Chemical Advanced Materials, Innovia Films, TOPPAN INC., Daibochi Berhad, Klöckner Pentaplast, OIKE & Co., Ltd., Mondi, DuPont., Celplast Metallized Products, Cosmo Films Ltd., UFlex Limited and WINPAK LTD. among other 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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