Global Ultra-high Barrier Films Market, By Material Type (Plastic, Aluminium Oxide and Others), Packaging Format (Bags, Pouches, Tray Lidding Films, Forming Webs, Wrapping Films and Blister Pack Base Webs), End User (Food, Beverages, Pharmaceuticals, Electronic Devices, Medical Devices, Agriculture, Chemicals and Others), Barrier Material (Ethylene Vinyl Alcohol, Polyvinylidene Chloride, Polyamide, Polyethylene Naphthalate, Micro fibrillated Cellulose, Aluminium, Aluminium Oxide and Silicon Oxide), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the ultra-high barrier films market will project a CAGR of 4.50% for the forecast period of 2021-2028. Rising focus on the packaging product innovations by the manufacturers, growth and expansion of packaging industry especially in the developing economies like India and China, surging demand for such packaging solutions by food and beverages industry and increased personal disposable income are the factors driving the growth of ultra-high barrier films market.
From the name itself, it is clear that the ultra-high barrier films are the packaging solutions that are used to create barriers to limit the entry or passage of any unwanted molecules or compounds. The ultra-high barrier films are made out of a wide range of materials that ensure protection against oxygen and moisture.
Rising demand for qualitative packaging materials that provide preservation, protection and prolongation of the shelf life of processed foods is driving the growth in the market value. Growing demand from the consumer electronics industry and growth and expansion of the pharmaceuticals industry especially in the developing economies will further induce growth in the market value. Rising proliferation of e-commerce industry especially in the developing economies and growing demand for innovative and inventive packaging solutions are some other market growth determinants. Also, surging modernization and globalization are some other indirect factors that will also promote the market growth rate.
However, fluctuations in the prices of raw packaging materials will create hindrances for the market growth rate. Rising costs of innovative packaging solutions will further dampen the market growth rate. Rising environmental concerns and stringent regulations imposed by the government on the application of plastic will also derail the market growth rate. Also, growing availability of alternatives in the market will hamper the market growth rate.
This ultra-high barrier films 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, geographic expansions, technological innovations in the market. To gain more info on ultra-high barrier films 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 Ultra-high Barrier Films Market Scope and Market Size
Global ultra-high barrier films market is segmented on the basis of material type, packaging format, end user and barrier material. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of material type, the ultra-high barrier films market is segmented into plastic, aluminium oxide and others. Plastic segment is sub-segmented into polyethylene (PE), polypropylene (PP), ethylene vinyl alcohol (EVOH), polyethylene terephthalate (PET), polyvinylidene chloride (PVDC), polyamide (nylon), polylactic acid and others. Others segment is further bifurcated into PVC, PS, LCD and PEN. Aluminum oxide segment is sub-segmented into aluminum oxide and silicon oxide. Others segment is sub-segmented into micro fibrillated cellulose.
- On the basis of packaging format, the ultra-high barrier films market is segmented into bags, pouches, tray lidding films, forming webs, wrapping films and blister pack base webs. Bags segment is sub-segmented into retort and non-retort.
- On the basis of end user, the ultra-high barrier films market is segmented into food, beverages, pharmaceuticals, electronic devices, medical devices, agriculture, chemicals and others. Food segment is sub-segmented into meat, seafood and poultry, baby food, snacks, bakery and confectionery, pet food, dairy food, ready-to-eat meals and other food. Beverages segment is sub-segmented into alcoholic beverages and non-alcoholic beverages.
- On the basis of barrier material, the ultra-high barrier films market is segmented into ethylene vinyl alcohol, polyvinylidene chloride, polyamide, polyethylene naphthalate, micro fibrillated cellulose, aluminium, aluminium oxide and silicon oxide.
Ultra-high Barrier Films Market Country Level Analysis
The ultra-high barrier films market is analysed and market size insights and trends are provided by country, material type, packaging format, end user and barrier material as referenced above.
The countries covered in the ultra-high barrier 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.
Asia-Pacific will register the highest CAGR for the forecast period. Availability of raw materials, rising urbanisation, growth and expansion of pharmaceuticals industry and increasing personal disposable income are some important market growth determinants.
The country section of the ultra-high barrier films market 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 Ultra-high Barrier Films Market Share Analysis
The ultra-high barrier films 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 ultra-high barrier films market.
The major players covered in the ultra-high barrier films market report Amcor plc, Bemis Manufacturing Company, Berry Global Inc., Sealed Air, Sonoco Products Company, DS Smith, 3M, Mitsubishi Chemical Advanced Materials, Innovia Films, TOPPAN INC., Daibochi Berhad, Klöckner Pentaplast, OIKE & Co., Ltd., Mondi, DuPont., Mondi, Avery Dennison Corporation, Honeywell International Inc., Celplast Metallized Products, Cosmo Films Ltd., UFlex Limited and WINPAK LTD. among other 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.