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Packaging Barrier Films Market Report Scope & Overview:

The Packaging Barrier Films Market is expected to grow at a CAGR of 5.3% from USD 32.81 billion in 2022 to USD 51.10 billion by 2030. The barrier films market is booming, thanks to consumer desire for longer shelf lives, rising demand for customer-friendly packaging, an increase in the number of retail chains in developing nations, and packaging downsizing. The best choice packaging element for protecting product freshness and quality is high-barrier packaging film. We employ high-barrier packaging to keep moisture, air, and other elements out of the contents of your flexible pouch or bag, as a flier.

Packaging Barrier Films Market Revenue Analysis

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Market dynamics:

Drivers:

Barrier films are in high demand due to customers' increasingly busy lifestyles and the resulting desire for simple snack food packaging. Barrier films extend the life of products and reduce the need for preservatives. Barrier films also serve as a printing substrate, enhancing the product's aesthetic appeal. Traditional container styles are giving way to lighter, easier-to-transport packaging in the food and beverage industries. Barrier films assist meet this demand since they are lighter than rigid packaging and avoid the usage of glass and cans, which add to the container's weight.

Restraint:

Barrier films are prone to oxidative breakdown at high temperatures. When exposed to UV radiation and heat, PVDC, which possesses characteristics comparable to PVC, becomes unstable. The presence of pinholes and cracks in the coating layers is the primary cause of barrier film degradation. Nylon is also one of the materials used to make barrier films that provide great flavour and gas barrier protection. Nylon, on the other hand, readily absorbs moisture and acts as a plasticizer, reducing the polymer's gas barrier qualities. When exposed to light or severe temperatures, certain of the resins used to make barrier films lose their characteristics. This affects the mechanical and tensile strength of films, and can lead to failure.

According to the Plastic Oceans International Organization, about 390 million tonnes of plastic are produced each year, with just 9% of it being regenerated and repurposed. Each year, one billion marine species die as a result of plastic waste, which also causes soil erosion. It is estimated that by 2050, there will be more plastic bags and covers in the waters than fish. This is a difficult truth to embrace because the use of plastic is increasing every day. The decrease of the high-barrier packaging film market trend was due to some social persons opposing the use of plastic.

Opportunities:

Customers' changing food consumption choices are driving the preference for ready-to-eat food in the current circumstances. Furthermore, due to a busy lifestyle, students eager to spend more money on processed and packaged food, and an increase in the need for comfort products, the market is expected to grow rapidly. Ready-to-eat and ready-to-cook foods, ready-made packed foods, rapid food packages, and processed foods, which are very portable and can be carried anywhere and cooked in a short amount of time, are in high demand.

In recent years, there has been an increase in demand for food delivery at work or at home, as well as sales of ready-to-eat and ready-to-keep on the shelf products. Even so, following interaction with the physical and chemical environment, as well as other atmospheric circumstances, processed food packaged items lose their quality and authenticity. As a result, high-barrier packaging films' high-quality packaging could lengthen the shelf life of these packed products, and high-barrier packaging films keep food products exceptionally fresh.

The usage of high-barrier packaging films to preserve the taste, quality, flavour, texture, scent, and enticing appearance of packaged food products is fueling the growth of the high-barrier packaging film market.

Challenges:

The hurdling qualities of the packaging items are an important consideration when selecting food packaging systems. Permeability of gases such as SO2, N2, and CO2, fragrance compounds, water vapour, and light are all examples of barrier qualities. These are critical variables in maintaining packaged food quality.

In the year 2020, federal politicians in the United States introduced the world's first bill to reduce single-use plastic. They introduced federal legislation to address the growing plastics crisis.

These plastic usage standards and restrictions must be followed by makers. As a result, market growth for high-barrier packaging films will slow.

Impact of COVID-19

The pandemic epidemic has had both beneficial and negative effects on the business sector and on people all across the world. Travel restrictions, curfews, and office closures have a negative impact on the economy and trade. Furthermore, the food packaging industry has suffered as a result of supply chain disruptions and stringent lockdowns. As a result, several food packaging, transport, and eCommerce companies reported delays in product distribution and lower revenues.

Food and beverages are considered essential items, and the lockdown created a large demand for these items. Food loss from contamination and wastage is minimised with high-barrier films, which ensure that the food reaches the customer safely.

As a result, people are more health concerned and mindful of health hygiene and safety. Medicines are used to save a life that requires the highest level of protection and safety from environmental factors. High-barrier packaging films protect medicines from light, air, bacteria, and germs, as well as moisture, and extend their shelf life. As a result, the market for high-barrier packaging films will benefit from this.

Market Segmentation:

By Material:

  • Polyvinyl Chloride

  • Ethylene-vinyl Alcohol

  • Polyethylene

  • Polypropylene

  • Transparent high-barrier films

  • Others

By Product:

  • Wrapping film

  • Pouches & bags

  • Tray Lidding film

  • Others

By  Technology:

  • Besela Barrier Film

  • Multi-Layer Film

  • Sustainable Barrier Coatings

  • Others

By  Application:

  • Personal care and Cosmetics

  • Food & Beverages

  • Pharmaceuticals

  • Others

Packaging Barrier Films Market Segmentation Analysis

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Regional Analysis:

The international high barrier packaging films market is divided into four regions: Asia Pacific, North America,  Europe nd the rest of the world. North America is another market leader, with APAC dominating the international high-barrier packaging films market. In the high-barrier packaging film market, it is expected to be the fastest-growing region. The market benefits from increasing urbanisation and industrialization in developing countries like India and China.

Furthermore, the availability of unprocessed commodities and lower labour costs work together to boost market expansion. China accounts for the most growth in the APAC high-barrier packaging films market.

 REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Sealed Air Corporation (U.S), Amcor Limited (Australia), Printpack Inc. (U.S),  The Mondi Group (Austria), Constantia Flexibles Group GmbH (Austria), Berry Plastics Corporation (U.S), Wipak Walsrode GmbH & Co. KG (Germany), Linpac Packaging Limited (U.K), Sonoco Products Company (U.S), Bemis Company Inc. (U.S) and Huhtamaki Group (Finland).

Printpack Inc. (U.S)-Company Financial Analysis

Packaging Barrier Films Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 32.81 Billion
Market Size by 2030 US$ 51.10 Billion
CAGR CAGR of 5.3% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Material (Polyvinyl Chloride, Ethylene-vinyl Alcohol, Polyethylene, Polypropylene, Transparent high-barrier films, Others)
• By Product (Wrapping film, Pouches & bags, Tray Lidding film, Others)
• By Technology (Besela Barrier Film, Multi-Layer Film, Sustainable Barrier Coatings, Others)
• By Application (Personal care and Cosmetics, Food & Beverages, Pharmaceuticals, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Sealed Air Corporation (U.S), Amcor Limited (Australia), Printpack Inc. (U.S),  The Mondi Group (Austria), Constantia Flexibles Group GmbH (Austria), Berry Plastics Corporation (U.S), Wipak Walsrode GmbH & Co. KG (Germany), Linpac Packaging Limited (U.K), Sonoco Products Company (U.S), Bemis Company Inc. (U.S) and Huhtamaki Group (Finland)

Frequently Asked Questions

Ans: The pandemic epidemic has had both beneficial and negative effects on the business sector and on people all across the world. Travel restrictions, curfews, and office closures have a negative impact on the economy and trade. Furthermore, the food packaging industry has suffered as a result of supply chain disruptions and stringent lockdowns. As a result, several food packaging, transport, and eCommerce companies reported delays in product distribution and lower revenues.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: The international high barrier packaging films market is divided into four regions: Asia Pacific, North America,  Europe nd the rest of the world.

Ans: Polyvinyl Chloride, Ethylene-vinyl Alcohol, Polyethylene, Polypropylene, Transparent high-barrier films and Others are the sub-segments of by Material segment.

Ans: The global barrier films market is expected to grow at a CAGR of 5.3% from USD 32.11 billion in 2021 to USD 46.10 billion by 2028.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World

5. Value Chain Analysis
 
6. Porter’s 5 forces model
 
7.  PEST Analysis

8. Packaging Barrier Films Market, By Material
8.1 Polyvinyl Chloride
8.2 Ethylene-vinyl Alcohol
8.3 Polyethylene
8.4 Polypropylene
8.5 Transparent high-barrier films
8.6 Others

9. Packaging Barrier Films Market, By Product
9.1 Wrapping film
9.2 Pouches & bags
9.3 Tray Lidding film
9.4 Others

10. Packaging Barrier Films Market, By Technology
10.1 Besela Barrier Fil
10.2 Multi-Layer Film
10.3 Sustainable Barrier Coatings
10.4 Others

11. Packaging Barrier Films Market, By Application
11.1 Personal care and Cosmetics
11.2 Food & Beverages
11.3 Pharmaceuticals
11.4 Others

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2  Canada
12.2.3  Mexico
12.3 Europe
12.3.1  Germany
12.3.2  UK
12.3.3  France
12.3.4  Italy
12.3.5  Spain
12.3.6  The Netherlands
12.3.7  Rest of Europe
12.4 Asia-Pacific
12.4.1  Japan
12.4.2  South Korea
12.4.3  China
12.4.4  India
12.4.5  Australia
12.4.6  Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1  Israel
12.5.2  UAE
12.5.3  South Africa
12.5.4  Rest
12.6 Latin America
12.6.1  Brazil
12.6.2  Argentina
12.6.3  Rest of Latin America

13. Company Profiles
13.1 Sealed Air Corporation (U.S)
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Amcor Limited (Australia)
13.3 Printpack Inc. (U.S)
13.4 The Mondi Group (Austria)
13.5 Constantia Flexibles Group GmbH (Austria)
13.6 Berry Plastics Corporation (U.S)
13.7 Wipak Walsrode GmbH & Co. KG (Germany)
13.8 Linpac Packaging Limited (U.K)
13.9 Sonoco Products Company (U.S)
13.10 Bemis Company Inc. (U.S)
13.11 Huhtamaki Group (Finland)

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share analysis
14.3 Recent Developments

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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