According to Future Market Insights’ latest research publication titled “Packaging Barrier Films Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” the global market for packaging barrier films is expected to grow at a steady growth rate throughout the period of assessment. This exhaustive research study uncovers the impact of various restraints and drivers influencing the market. It also involves a brief analyses on various trends and opportunities in the packaging barrier films market. These influencing aspects are studied across different regions of North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Each of these regions have different regulations, growth propellers, trends and challenges. A detailed five level segmentation of the entire market is carried out to analyse the various market elements and get a detailed analyses based on which insightful forecasts are sketched for the period of 2017-2027.
Global Packaging Barrier Films Market: Future Estimations Exploration of packaging barrier films point to a steady growth of the global packaging barrier films market in the coming years. According to this market study, the global barrier packaging films market is expected to show steady growth during the assessment period 2017-2027 and is poised to register a CAGR of 5.22%. The global market is evaluated to show a value of about US$ 15.8 Bn in 2017 and is estimated to reach a value of above US$ 26 Bn by 2027 end. Global Packaging Barrier Films Market: Dynamics Influencing the Global Market
Several factors are responsible to impact the growth of the global packaging barrier films market. Packaging barrier films are widely used in the packaging of processed foods, which preserve the shelf life and maintain the quality of the food items by inhibiting external agents from coming in contact with the food products. EVOH has emerged as a cost efficient input material for the manufacturing of superior packaging barrier films, which also provides resistance against heat and chemical contents, thus enhancing the performance functionality of packaging barrier films. Moreover, the macro trends in food and beverage industry are piloting the dynamics for the growth of the packaging barrier films to a great extent. Rising collaborations between stakeholders in the food and beverages value chain is a major aspect steering the growth of this market. The MAP (Modified Atmospheric Packaging) Technology has spurred the demand for packaging barrier films. The MAP properties allows different levels of permeability for atmosphere in order to modify internal environment of the package. Also, manufacturers, are focusing on emerging economies for expansion as these regions are filled with opportunities. These aspects support the growth of the global packaging barrier films market. However, limited scope of recycling due to multi-layer structure of the packaging barrier films and sluggish economic prospects in the developed regions have affected the demand of packaging barrier films to certain extent.
The global packaging barrier films market research report involves a detailed analysis on the key players in the market. Key companies such as Amcor Limited, Bemis Company, Inc., Uflex Ltd., Sealed Air Corporation, Mondi Plc, Huhtamaki Oyj, Winpak Ltd., Atlantis Pak Co. Ltd., Glenroy, Inc., Plastissimo Film Co., Ltd., Bischof & Klein GmbH, Ampac Holdings LLC, Schur Flexibles Holding GesmbH, Linpac Packaging Limited, Clondalkin Group Holdings B.V., Accredo Packaging, Inc., Sigma Plastics Group, Inc., Krehalon Industrie B.V., Supravis Group S.A., Sudpack Verpackungen GmbH & Co. KG, Flexopack SA, Lietpak, VF Verpackungen GmbH and KOROZO Ambalaj San.ve Tic A.S., are profiled in the market study.
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