Packaging Barrier Films Market: An Array of Graphics and Analysis of Trends
Posted by Kishor on July 25th, 2019
Over the last decade or so, rigid packaging formats have given way to flexible packaging and barrier films owing to various technology and consumer trends. Packaging barrier films are flexible films used mostly as suitable substitutes for food packaging. These films reduce the need for preservatives, serve as a printing substrate, and increase the shelf life of the product. Despite being costlier than conventional packaging solutions, packaging barrier films have been witnessing increased demand, especially from the food and beverages sector, owing to their ability to prevent oxygenation and thereby stop the degradation of contents.
The global market for packaging barrier films covers four main regions: North America, Europe, Asia Pacific, and Rest of the World. The key technologies used in packaging barrier films include multi-layer films, polymer nanocomposites, sustainable barrier coatings, organically modified ceramics (ORMOCERs), Besela barrier films, and melamine-based barrier coatings. The key product types of packaging barrier films are stand-up pouches, bags and pouches, forming webs, tray lidding film, blister packs, and wrapping films. The leading applications of packaging barrier films include retort convenience foods, fresh foods, processed chilled foods, dried foods, cheese, snacks and confectionaries, drinks, baked goods, personal care and cosmetics, and medicines and pharmaceuticals.
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Global Packaging Barrier Films Market: Key Trends and Opportunities
One of the most significant factors driving the global packaging barrier films market is the surging demand for packaging materials that can lend improved protection to their contents. This is noticeable especially in the pharmaceutical and food and beverages industries. Growing concerns regarding the ability of plastics to allow the exchange of vapors and gases that threaten to compromise the safety and quality of packaged products have also had a tremendous impact on the packaging barrier films market. The market for stand-up pouches is driven by not just their replacement of glass and plastic bottles and cans but also due to their ability to minimize packaging costs and, at the same time, providing better convenience to consumers.
In contrast, the packaging barrier films market is restricted by factors such as recycling problems, susceptibility to degradation, and increased costs. Mechanical recycling is a problem that continues to hamper the growth of the market since a number of multilayered packaging barrier film structures contain more than one type of plastic.
Global Packaging Barrier Films Market: Region-wise Outlook
Among the four regional segments, Europe dominates the worldwide market for packaging barrier films both in terms of production and demand. Asia Pacific and South America present lucrative opportunities for growth owing to the spread of domestic hypermarkets and supermarkets in several major cities. A number of large international retail chains have been setting up shop in the developing countries of Asia, Eastern and Central Europe, and South America, which have been dominated traditionally by local and independent artisan stores.
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About the AuthorKishor
Joined: February 12th, 2019
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