Credence Research has recently issued a new market assessment report titled “– Growth, Future Prospects, and Competitive Analysis, 2018 – 2026”. The Global Barrier Packaging Market study provides a comprehensive view of the ongoing and future phases of the Global Barrier Packaging industry based on parameters such as major commercial events, research initiatives, government guidelines, market drivers, restraints and opportunities and detailed industry segmentation and regional distribution.
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Plastic packaging is one of the most common forms of packaging, however, there is always a concern on their ability to retain the quality of the product in their original form. Therefore, there has been increased in the demand for the products which can give the greater level of protection to the product especially for food and beverage sector. So, many types of barrier packaging have been commercialized that prevent, preserve to increase the life of the perishable products like food, beverage, pharmaceuticals. This is the technology which is replacing the traditional form of packaging. In this fast pace of life and changing, consumer preference and technology has reduced the popularity of traditional packaging and increased the preference for barrier packaging. Together with the popularity of microwave cooking and ready to eat meal packs contributed to the growth of the barrier packaging. Markets for stand-up pouches are growing as it is used as a replacement for glass bottles.
Barrier Packaging Market: Market Drivers
Due to increase in the demand for the packaged good products, the demand for the barrier packaging is also increasing and this is one of the important factors for the growth of the barrier packaging market. The highly demanded product segment of barrier packaging market is Stand-up pouches followed by tray lidding films and forming webs. The limiting factor for the growth of the barrier packaging market is its susceptibility to degradation, recycling problems, and cost. Also baby food market is transiting to the plastic container, Nestle is using barrier packaging for it baby food and such steps by the leading company’s leads to increase the demand for the barrier packaging.
Barrier Packaging Market: Market Segmentation
The barrier packaging market on the basis of material is segmented in to PP (polypropylene), PE (polyethylene), mLLDPE (metallocene catalyzed linear low-density polyethylene), Polyamide (nylon), EVOH (ethylene vinyl alcohol), EVA (ethylene vinyl acetate), PLA (polylactic acid), Aluminium Oxide (AlOx), Silicon Oxide (SiOx), Polyvinyl Alcohol (PVOH), Polyvinyidene Chloride (PVdC), Organic Liquid Coatings, High Barrier Coatings, Cyclic Olefin Copolymer (COC), Polychlorotrifluoroethylene (PCTFE), Polyacrylonitrile (PAN), Transparent High Barrier Films, Metallised Films, Polyvinyl Chloride (PVC), Low-Density Polyethylene (LDPE) And Linear Low-Density Polyethylene (LLDPE), Biaxially Oriented Polyamide (BOPA), Biaxially Oriented Polyethylene Terephthalate (BOPET), Biaxially Oriented Polypropylene (BOPP) And Cast Polypropylene (CPP). The barrier packaging market on the basis of end users is also segmented into the food industry, healthcare industry, and consumer good industry. The barrier packaging market on the basis of type is also segmented into Bags and Pouches, Stand-Up Pouche, Tray Lidding Film, Forming Webs, Wrapping Film, Blister Pack Base Webs. The barrier packaging market on the basis of the technology is also segmented into Polymer Nanocomposites, Multi-Layer Film, ORMOCERS, Sustainable Barrier Coatings, Melamine-Based Barrier Coatings, Besela Barrier Film.
Barrier Packaging Market: Regional Outlook
Based on the geographies, Barrier Packaging Market is segmented into North America, Latin America, Europe, APAC, and the Middle East & Africa. Among the regions mentioned above, Asia-pacific accounts for significant share for barrier packaging market. The growth of packaged food and consumer goods and e-commerce industry in China, India, and Japan is contributing to the overall growth of APAC region for the barrier packaging market.
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Barrier Packaging Market: Key Player
Some of the major players identified in the barrier packaging market includes Amcor, Bemis, Berry Plastics, DuPont, Sealed Air, Sigma Plastics and other important vendors are 3M, ALPLA-Werke, AMPAC, Celplast Metallized Products, Charter Nex Films, Daibochi Plastic, Innovia Films, LINPAC Group, Mondi, Prairie State Group, Printpack, RPC Group, Schur Flexibles Group, Taghleef Industries, Toray Plastics (America), and Wipak.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.
The Report covers exhaust Analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends /Issues/Challenges
- Competition & Companies involved
Regional Analysis includes:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- The detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint(FMI)