EVOH Films for Packaging Market To Partake Significant Development During 2031

Fact.MR recently published a market study, which reveals that the EVOH films for packaging market will grow at a healthy 4.7% value CAGR during the period 2018-2028. Demand will remain resurgent from the food and beverages sector, as manufacturers invest in innovative packaging technologies to appeal to wider consumer base of environmentally-conscious consumers. The Fact.MR study remains bullish on the long-term prospects of EVOH films for packaging market. According to the report, EVOH films are highly resistant to oxygen and carbon dioxide, which makes it one of the most preferred choice of packaging materials used in various industrial sectors.

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EVOH films remain a pragmatic packaging solution in the food and beverage industry, owing to its excellent anti-contamination properties. EVOH films for packaging manufacturers continue to benefit from the rising demand for flexible packaging solutions in healthcare, personals care & cosmetics, and electronics sectors. Owing to the excellent benefits of using EVOH films for packaging, such as extending shelf life and limiting product losses, the adoption of EVOH films will remain widespread across the packaging industry. Leading manufacturers are focusing on introducing additional functionalities of EVOH films for packaging such as cost-effectiveness and high seal strength, displaying an emerging trend in the EVOH films for packaging market.

“Growth of the e-commerce sector is likely to remain a key growth parameter for the EVOH films for packaging market. Along with various types of retail goods, modern consumers are favorably disposed towards the idea of purchasing perishables online, which is creating high demand for sustainable packaging solutions. EVOH films, when used as a food packaging solution, can successfully retain properties of food products, such as flavor, freshness, and aroma, preventing it from contamination during shipments. Marquee manufacturers of EVOH films are developing innovative food packaging solutions, such as bag-in-box and pouched for liquid food products, using EVOH films to gain competitive advantages in the EVOH films for packaging market,” says a lead analyst at Fact.MR.

Rising industrial applications of barrier packaging materials is triggering demand for raw materials with highly specialized properties among market players in the EVOH films for packaging market. Kuraray Co., Ltd, a Japanese manufacturer of EVOH films used in food packaging, recently acquired the U.S.-based Calgon Carbon Corporation, to boost the use of filtration media products in various manufacturing processes to deliver high-quality and sustainable EVOH films for packaging market. Although, the company’s focus on mitigating the negative impact of raw materials on its manufacturing procedures has resulted in a significant rise in the selling price of EVAL™ EVOH films manufactured by the company.

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Market Segmentation

The EVOH films for packaging market report provides a thorough market segmentation based on the product type, applications, end-use industry, and geographical regions.

Based on the product type, EVOH films for packaging market is segmented as blown films and cast films.

The report focused on primary product types of EVOH for packaging market, including pouches, trays, bags & sacks, wrapping films, lids, liquid packaging cartons, and other types of EVOH films, such as sachets, tubes, and bag-in-box.

Depending on end-use industries, the market report segments EVOH films for packaging market into leading industrial sectors such as food, healthcare, and personal care & cosmetics, and other industries such as building & construction and electronics industry.

Readers can find a detailed segmentation of EVOH films for packaging market based on regions including North America, Latin America, Europe, the Commonwealth of Independent States (CIS) & Russia, Middle East & Africa (MEA), Asia Pacific, and Japan.

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The EVOH Films for Packaging Market report addresses the below-mentioned queries:

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