Global Barrier Shrink Bag Market By Product Type (Round Bottom Sealed, Straight Bottom Sealed, Side Sealed), Material Type (Polyethylene, Polypropylene, Polyamide, EVOH, PVDC, Others), Barrier Type (High Barrier, Ultra-High Barrier), Abuse Strength (High Abuse, Low Abuse), Thickness (Up to 50 Microns, 50 to 70 Microns, 70 to 90 Microns, 90 to 110 Microns, Above 110 Microns), Application (Seafood, Poultry, Cheese & Dairy Products, Other Foods), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Barrier Shrink Bag Market
Barrier shrink bag market will reach an estimated valuation of USD 1.5 billion by 2027. Barrier shrink bag market report analyses the growth, which is currently being growing due to the rising preferences towards convenience packaging product during the forecast period of 2020-2027.
The growing usages of barrier shrink bags for contamination free food packaging, increasing demand of heavy duty adhesive packaging, rapid industrialisation across the globe, and prevalence of high strength, high tear resistance, and durable are some of factors that will likely to enhance the growth of the barrier shrink bag market in the forecast period of 2020-2027. On the other hand, rising applications in building and construction, food and beverages, electrical and others along with effective marketing which will further boost various opportunities that will lead to the growth of the barrier shrink bag market in the above mentioned forecast period.
Easy availability of packaging solutions along with rising shift towards rigid packaging which will hamper the growth of the barrier shrink bag market in the above mentioned forecast period.
This barrier shrink bag market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on barrier shrink bag market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Barrier Shrink Bag Market Scope and Market Size
Barrier shrink bag market is segmented on the basis of product type, material type, barrier type, abuse strength, thickness and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, barrier shrink bag market is segmented into round bottom sealed, straight bottom sealed, and side sealed.
- Based on material type, barrier shrink bag market is segmented into polyethylene, polypropylene, polyamide, EVOH, PVDC, and others. Polyethylene has been further segmented into LDPE, and LLDPE.
- On the basis of barrier type, barrier shrink bag market is segmented into high barrier, and ultra-high barrier.
- Based on abuse strength, barrier shrink bag market is segmented into high abuse, and low abuse.
- On the basis of thickness, barrier shrink bag market is segmented into up to 50 microns, 50 to 70 microns, 70 to 90 microns, 90 to 110 microns, and above 110 microns.
- Barrier shrink bag market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for barrier shrink bag market includes seafood, poultry, cheese & dairy products, and other foods.
Barrier Shrink Bag Market Country Level Analysis
Barrier shrink bag market is analysed and market size, volume information is provided by country product type, material type, barrier type, abuse strength, thickness and application as referenced above.
The countries covered in the barrier shrink bag 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, Israel, Egypt, South Africa, 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.
North America dominates the barrier shrink bag market due to the growing demand of cost effective packaging along with prevalence of various manufacturers. Asia-Pacific region is expected to hold the largest growth rate due to the rising applications from food industries and aroma barrier food packaging.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Barrier Shrink Bag Market Share Analysis
Barrier shrink bag market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to barrier shrink bag market.
The major players covered in the barrier shrink bag market report are Bemis Company Inc., Winpak Ltd, KUREHA CORPORATION, Coveris., Schur Flexibles Holding GesmbH, Sealed Air, Flavorseal., Flexopack S.A., Globus Group Southern, BUERGOFOL GmbH, Allfo Vakuumverpackungen Hans Bresele Kg, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.