High Barrier Packaging Films Market Estimated to Grow at a Robust CAGR of 7.8% during Forecast 2017-2027

Market Research HUB

Market Research HUB

Albany, US, 2017-Aug-22 — /EPR Network/ — Nowadays, film manufacturing companies’ world over are investing considerably towards R&D for enhancing barrier properties of the substrates. Also, the ever increasing demand for high shelf-life of food product by consumers with less time and more disposable income at hand is giving a boost to the demand of high barrier films. To provide a comprehensive view of the market, a study titled “High Barrier Packaging Films Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2027” have been freshly broadcasted to the wide repository of Market Research Hub (MRH). This report analyzes the market size of the high barrier packaging films market for 2016 and forecast for the next ten years.

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This 500 pages research study analyzes the current and future prospects of the market by covering five major regions, which are Western Europe, Eastern Europe, Latin America, North America, Middle East & Africa, Asia-Pacific excluding Japan and North America. Of these, Asia Pacific accounts for maximum share in the market because of the proliferation of the packaged food market and increasing number of modern retail outlets. On the global level, high barrier packaging films market will likely expand at a 7.8% CAGR during the period between 2017 and 2027 to become worth US$43.08 bn by 2027.

Initially, the report starts by defining high barrier films along with its types and applications. High barrier materials in flexible packaging laminations prevent the permeation of water, water vapor, oil, oxygen, aroma, flavor, gas, or light. These days, growing health awareness among the consumers have generated substantial demand for convenient form of flexible packaging such as high barrier packaging films. The high barrier packaging films are extensively used for packaging fresh meat, processed meat, bakery products, and ready-to-eat meals.

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The market has been categorized by films type, material, by end-user base and packaging type. Packaging type includes Pouches, Bags, Shrink Films, Lids, Laminated Tubes and Others. On the other hand, film type is categorized into metalized films, clear films, inorganic and organic oxide coating films. At present, majorly fuelling growth in the global high barrier packaging films market is rapid rise in consumption of packaged food. Increasing consumption of dairy product and ready to eat meals are particularly stoking demand. In addition, increasing health awareness among the consumers have generated substantial demand for convenient form of flexible packaging such as high barrier packaging films.

Later, In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and company players with their SWOT analysis and strategic overview. Key players in global high barrier packaging films include Amcor Limited, Bemis Company, Inc., Uflex Ltd., Sealed Air Corporation, Glenroy, Inc., Schur Flexibles Hoilding GesmbH, Celplast Metallized Products Ltd., Winpak Ltd., The Mondi Group plc, Berry Global Group, Inc., Toray Plastics (America), Inc., Bischof & Klein GmbH & Co. KG LINPAC Packaging Limited, Huhtamaki Oyj, Ampac Hoilding LLC, Plastissimo Film Co., Ltd., DUNMORE Corporation, Polyplex Corporation Limited, ACG Worldwide Private Limited.

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