Flexible packaging solution for high barrier packaging films includes pouches, bags, lids, shrink films, laminated tubes, and others. Pouches can reseal with zippers and replace rigid pack designs, such as glass jars and metal tins. Customers' growing requirement for product safety and convenience are encouraging pouches in high-barrier packaging films packaging type.
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The global high barrier packaging films market is expected to reach USD 39,784.77 million by 2029 from USD 23,560.85 million in 2022, growing with a substantial CAGR of 7.8% in the forecast period of 2022 to 2029. Changing the lifestyle of consumers and the consequent demand for convenient food packaging is constantly driving the demand for high barrier films. The high barrier films help increase the product shelf-life and reduce the use of preservatives in their production and packaging. The increasing consumer demand for food with a longer shelf life and high quality has led to the development of increasingly sophisticated multi-layer film products in the packaging industry.
Increasing demand for multi-layer packaging to prevent oxygen and water permeation across the world will drive the market's growth rate
Multilayer films are specially designed for impervious gas migration; these types of barrier films are used to protect food from deterioration by reducing or eliminating oxygen, and water vapor permeation, which is highly demanded among the end-users. Therefore, the increasing demand for multi-layer high barrier packaging films to make packaged products safe from gases and moisture is expected to positively impact the demand for these films, leading to the growth of the global high barrier packaging films market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Non-Woven Metalized Films, Clear Films, Organic Coating Films, Inorganic Oxide Coating Films, Others), Material (Plastic, Aluminum, Oxides, Others), Packaging Type (Pouches, Bags, Lids, Shrink Films, Laminated Tubes, Others), End-User (Food, Beverages, Pharmaceuticals, Electronic Devices, Medical Devices, Agriculture, Chemicals)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Amcor plc (Switzerland), Mondi (U.K.), Huhtamaki (Finland), Sealed Air (U.S.), Jindal Poly Films Limited (India), Toppan Inc., (Japan), Kureha Corporation (Japan), HPM Global, Inc. (South Korea), Flair Flexible Packaging Corporation (U.S.), Constantia Flexibles (Austria), MULTIVAC (Germany), DuPont (U.S.), Wihuri Group (Finland), BERNHARDT Packaging & Process (France), Borealis AG (Austria), Schott (Germany), Dow (U.S.), Sonoco Products Company (U.S.), Bemis Company Inc. (U.S.), Huhtamaki Group (Finland) and Uflex Limited (India) among others.
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
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Segment Analysis:
The global high barrier packaging films market is segmented into four notable segments, based on type, material, packaging type and end user.
- On the basis of type, global high barrier packaging films market is classified into six segments namely non-woven metalized films, clear films, organic coating films, inorganic oxide coating films and others. In 2022, non-woven metalized films segment is expected to dominate the global high barrier packaging films market with an 32.22% market share because metalized film provides excellent barrier properties. Additionally, metalized films are of high strength and durability, good dimensional stability and excellent chemical resistance. clarity and handling characteristics which increases its demand as a high barrier packaging film type in the market.
- On the basis of material, global high barrier packaging films market is classified into four segments: plastic, aluminum, oxide and others. In 2022, plastic segment is expected to dominate the global high barrier packaging films market with an 52.36% market share because plastics serve best in protecting against oxygen and odor, water vapor transmission, moisture, contamination, and bacteria with lower cost.
- On the basis of packaging type, global high barrier packaging films market is classified into six segments: pouches, bags, lids, shrink films, laminated tubes and others. In 2022, pouches segment is expected to dominate the global high barrier packaging films market with an 44.63% market share because they provide appropriate protection and barrier properties. These are easy to handle and do not affect the product's quality.
The pouches segment will dominate the packaging type segment of the high barrier packaging films market
The pouches segment will emerge as the dominating segment packaging type segment. This is because of the growing demand for pouches in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
- On the basis of end user, global high barrier packaging films market is classified into eight segments: food, beverages, pharmaceuticals, electronic devices, medical devices, agriculture, chemicals and others. In 2022, food segment is expected to dominate the global high barrier packaging films market with an 38.82% market share because of growing ready to eat package food. High barrier film packaging ensures food safety, extends the shelf life, and also enhances food quality. Increasing popularity of ready-to-eat food.
The food segment will dominate the end user segment of the high barrier packaging films market
The food segment will emerge as the dominating segment under end user with approximately 55% market share. This is because of the growing number of infrastructural development activities in the market, especially in developing economies. Further, the growth and expansion of the materials and packaging industry all around the globe will further bolster the growth of this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the market players in high barrier packaging films market: Amcor plc (Switzerland), Mondi (U.K.), Huhtamaki (Finland), Sealed Air (U.S.), Jindal Poly Films Limited (India), Toppan Inc., (Japan), Kureha Corporation (Japan), HPM Global, Inc. (South Korea), Flair Flexible Packaging Corporation (U.S.), Constantia Flexibles (Austria), MULTIVAC (Germany), DuPont (U.S.), Wihuri Group (Finland), BERNHARDT Packaging & Process (France), Borealis AG (Austria), Schott (Germany), Dow (U.S.), Sonoco Products Company (U.S.), Bemis Company Inc. (U.S.), Huhtamaki Group (Finland) and Uflex Limited (India).
Market Development
- In February 2022, Sealed Air announced that it has completed the acquisition of Foxpak Flexibles Ltd. under SEE Ventures with its initiative to invest in disruptive technologies and business models to accelerate the company growth
- In March 2022, Winpak Ltd. has achieved "leadership" status by scoring A- in the 2021 Supplier Engagement Rating (SER) from CDP. The SER assesses performance on governance, targets, scope 3 emissions and value chain engagement. This enhances the company's image in the market
- In April 2022, Sonoco Products Company acquired the remaining one-third interest in its Sonoco do Brasil Participacoes, Ltda, which is a Brazil-based flexible packaging joint venture from the private investors
Regional Analysis
Geographically, the countries covered in the high barrier packaging films market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in the high barrier packaging films market during the forecast period 2022 - 2029
In 2022, the Asia-Pacific is expected to dominate the global high barrier packaging films market due to rising adoption of high barrier packaging films in the pharmaceutical and agriculture industry.
North America is estimated to be the fastest growing region in high barrier packaging films market the forecast period 2022 - 2029
North America on the other hand is projected to exhibit the highest growth rate during the forecast period. The major reason behind this is rising popularity of metallic films as a high-barrier film for different end uses and growing consumer preference for high-barrier film packaging solutions.
COVID-19 Impact
In 2020–2021, COVID-19 affected various manufacturing businesses since it caused workplace closures, supply chain disruptions, and transit limitations. However, the market for high barrier packaging films saw a major impact. High barrier packaging film businesses and supply chains, with numerous manufacturing sites, were still in place in the area. In the post-COVID environment, the service providers kept providing high barrier packaging films after implementing cleanliness and safety procedures.
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