Barrier Films Market – Global Industry Analysis and Forecast (2023-2029)

Barrier Films Market is expected to reach USD 39.94 Bn by 2029 from USD 28.35 Bn in 2022 at a CAGR of 5.02% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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Barrier Films Market Dynamics:
Barrier films provide protection to the product from damage due to moisture, oxygen, vapor, and dust that can degrade quality. This barrier film packaging is suitable for food packaging and pharmaceutical packaging to keep food and pharmaceutical products safe and extend shelf life.
Barrier Films Market Segment Analysis:
The barrier films market has been segmented by end-use industry, material, and geography. Based on material, the barrier film market is segmented into PE, PET, PP, PA, organic coatings, inorganic oxide coatings, and others. Based on end-use industry barrier film is segmented into food & beverage packaging, pharmaceutical packaging, agriculture, and others.

The food & beverage packaging segment is expected to be one of the major contributors to market growth. The agriculture segment is expected to contribute high CAGR during the forecast period, owing to the growing use of mulch films and silage films in farming.
Barrier Films Market Regional Analysis:
Geographically, the barrier films market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is one of the largest markets for barrier films. The Asia Pacific and North America are expected to grow at a high CAGR during the forecast period.

Key Highlights:

• Barrier films market analysis and forecast in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the barrier films market.

• Barrier films market segmentation on the basis of material, end-use industry and geography (country-wise) has been provided.

• Barrier films market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study.

• Barrier films market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the barrier films market are also profiled.

The objective of the report is to present a comprehensive analysis of the Barrier Films Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Barrier Films Market dynamics, structure by analyzing the market segments and projects the Barrier Films Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Barrier Films Market make the report investor’s guide.
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Barrier Films Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 28.35 Bn.


Forecast Period 2023 to 2029 CAGR:
5.02%
Market Size in 2029:
US $ 39.94 Bn.


 Segments Covered:
by Material
• PE
• PET
• PP
• PA
• Organic Coatings
• Inorganic Oxide Coatings
• Others


by Industry
• Food & Beverage Packaging
• Pharmaceutical Packaging
• Agriculture
• Others


by Type
• Metalized Barrier Films
• Transparent Barrier Films
• White Barrier Film


by Distribution Channel
• Supermarkets/Hypermarkets
• Specialty Stores
• E-Commerce
• Others



Barrier Films Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Barrier Films Market Key Players:
• 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)

Frequently Asked Questions:

1. What is the growth rate of Global Barrier Films Market?
Ans: The Global Barrier Films Market is growing at a CAGR of 5.02% during forecasting period 2023-2029.

2. What is scope of the Global Barrier Films Market report?
Ans: Global Barrier Films Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

3. Who are the key players in Global Barrier Films Market?
Ans: The important key players in the Global Barrier Films Market are – Amcor, Sealed Air, Bemis, Toppan Printing , Cosmo Films , Jindal Poly Films , Berry Global , Sealed Air , Raven Industries , Dupont Teijin Films , Uflex , Sumitomo Chemical

4. What is the study period of this Market?
Ans: The Global Barrier Films Market is studied from 2022 to 2029.