Global Transparent Barrier Packaging Films Market By Material (Polyvinylidene chloride (PVDC), Ethylene vinyl alcohol (EVOH), Polypropylene (PP), and others), By End-Users (Food, Healthcare, Consumer Goods and others), & by Region – Global Forecast to 2023.
The rapid growth with improving living standards and increasing consumption of packaged products in emerging markets is driving demand for the transparent barrier packaging films market. Transparent barrier films are replacing traditional materials which are used for various applications, due to consumer demand for packaging transparency and the use of metal detectors and microwave ovens.
Market Research Analysis
The global transparent barrier packaging films market has been analyzed based on the three segments, namely material, end-users and regions. On the basis of material, the global transparent barrier packaging films market is segmented as polyvinylidene chloride (PVDC), ethylene vinyl alcohol (EVOH), polypropylene (PP), and others. PVDC segment accounted for largest market share in 2016. The popularity of PVDC film packaging in the food industry is due to its extended shelf life offering for food products, thus forming a major portion of food product manufacturers.
Based on end-users, the global transparent barrier packaging films market is bifurcated as food, healthcare, consumer goods and others. Transparent barrier packaging film is a preferred material for the packaging of meat, sausages, vegetable, and some beverages in the food industry.
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Scope of the Report
This study provides an overview of the global transparent barrier packaging films market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global transparent barrier packaging films market by its material, by end-users and regions.
- Polyvinylidene Chloride (PVDC)
- Ethylene Vinyl Alcohol (EVOH)
- Polypropylene (PP)
- Consumer Goods
- Asia Pacific
- North America
- Rest of World
The key players of the global transparent barrier packaging films market are Amcor Ltd. (Australia), Bemis Company, Inc. (U.S.), 3M Company (U.S.), Mitsubishi Plastic (Japan), AMPAC (U.S.), Berry Global, Inc. (U.S.), Innovia Films (U.K.), Toppan Printing Co., Ltd. (Japan), Daibochi Plastic & Packaging Industry Bhd (Malaysia), and LINPAC Group (U.K.).
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The growth of global transparent barrier packaging films market can majorly be attributed to increased consumption of processed food items and ready to eat food products. In addition, rapid urbanization coupled with changing food preferences of consumers due to increasing disposable income is expected to boost the market growth. However, rising competition from substitutes such as aluminum foil is the major restraint that could hinder the market growth.
Based on end-users, food segment accounted for the largest share in 2016, owing to rising acceptance of packaged food products across the globe. The food products that are packaged using these films contain less preservatives compared to canned food products, helping the health conscious consumers. In consumer goods, the products packaged with transparent barrier packaging films have longer shelf life, less prone to environmental factors such as moisture and UV.
Transparent barrier packaging films are made of plastic and can be moulded into various shapes. This films offer transparency to the product and protect them against gases, dust, moistness, and aroma. The global transparent barrier packaging films market is anticipated to grow at a CAGR of 5.45% during the forecast period.
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The report for Global Transparent Barrier Packaging Films Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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