Global Barrier Films Market – Industry Analysis and Forecast (2019-2026) _ by Material (PE, PET, PP, PA, Organic Coatings, Inorganic Oxide Coatings and Others), by End-Use Industry (Food & Beverage Packaging, Pharmaceutical Packaging, Agriculture, and Others), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)
Barrier films provides protection to product from damage from moisture, oxygen, vapor and dust that can degrade quality.
Barrier Films Market valued USD 21.82 Billion in 2018 and expected to reach USD 36.22 Billion by 2026, at a CAGR of 5.2%.
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Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the material, end-use industry, and geography to assist in strategic business planning.
The barrier film packaging are suitable for food packaging and pharmaceutical packaging to keep food and pharmaceutical products safe and extend shelf life. Growth of these industries have been a key driver for the growth of the barrier films market as well. However, poor sealability and changes of leakage that may hamper the quality of the product remain a key restraint for the market growth.
The Agriculture segment is expected to witness huge market growth and a large market share:
Agriculture segment is expected to grow at a high CAGR during the forecast period. This is due to the growing use of mulch films and silage films in farming.
Europe held one of the largest share of the market during the forecast period:
Europe is one of the largest markets for barrier films. Asia Pacific and North America are expected to grow at a high CAGR during the forecast period. The growth of food processing, packaging, and pharmaceutical industries are some of the key factors that have boosted the growth of this market.
Scope of the Report:
Global Barrier Films Market, by Material: PE, PET, PP, PA, Organic Coatings, Inorganic Oxide Coatings and Others
Global Barrier Films Market, by End-Use Industry: Food & Beverage Packaging, Pharmaceutical Packaging, Agriculture, and Others
Global Barrier Films Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
Global Barrier Films Market, Company profiles:
• Amcor (Australia)
• Sealed Air (US)
• Bemis (US)
• Toppan Printing (Russia)
• Cosmo Films (India)
• Jindal Poly Films (India)
• Berry Global (US)
• Sealed Air (US)
• Raven Industries (US)
• Dupont Teijin Films (US)
• Uflex (India)
• Sumitomo Chemical (Japan)