The global high barrier packaging films market is expected to surpass US$ 18.5 billion in 2023, and is likely to witness a moderate CAGR of 3.9% in the estimated time frame (2023 to 2033). The market is projected to be valued at US$ 33.6 billion by 2033.
High barrier film packaging refers to a specialized packaging technique that utilizes films with exceptional barrier properties. These films are designed to provide a robust shield against external factors such as moisture, oxygen, light, and contaminants. By creating a protective barrier, high barrier films maintain the integrity and quality of the packaged products, ensuring they reach consumers in pristine condition.
The Growing Demand for High Barrier Film Packaging
The High Barrier Film Packaging Market has witnessed significant growth in recent years, driven by the rising demand for extended product shelf life, increased convenience, and enhanced product presentation. Industries such as food and beverage, pharmaceuticals, personal care, and electronics heavily rely on high barrier film packaging to safeguard their goods from external influences that could compromise their quality.
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Key Benefits of High Barrier Film Packaging
High barrier film packaging offers a multitude of benefits for both manufacturers and consumers alike. Let’s explore some of the key advantages:
- Superior Product Protection: High barrier films act as a protective shield, preventing moisture, oxygen, and UV light from entering the package and causing product deterioration. This ensures that products remain fresh, flavorful, and visually appealing for extended periods.
- Extended Shelf Life: By effectively blocking external factors, high barrier films contribute to the extension of product shelf life. This translates into reduced product waste and enhanced customer satisfaction.
- Preservation of Nutritional Value: In the food and beverage industry, high barrier film packaging helps retain the nutritional value of perishable items by preserving their essential nutrients and vitamins.
High Barrier Film Packaging Market Trends
To stay ahead in a dynamic marketplace, it is crucial to keep track of emerging trends and developments in the High Barrier Film Packaging Market. Here are some notable trends to watch out for:
1. Sustainable Packaging Solutions
As sustainability becomes increasingly important, the demand for eco-friendly packaging solutions continues to rise. The High Barrier Film Packaging Market is no exception, with a growing emphasis on recyclable and biodegradable materials that minimize the environmental impact.
2. Intelligent Packaging
The integration of smart technologies in packaging is gaining traction. Intelligent packaging systems can monitor product quality, track inventory, and provide interactive features to enhance the consumer experience. High barrier films can incorporate smart sensors and indicators to ensure product freshness and integrity.
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High Barrier Film Packaging Market – Region-wise Analysis
Europe and North America would remain at the driver’s seat in the high barrier film packaging market, based on manufacturing capacity and demand. Evolving trends such as on-the-go flexibility and at-home usage are fueling the demand for packaged foods and beverages in both the regions.
Presence of well-established digital ecosystem continues to attract stakeholders. Furthermore, the flexible packaging industries in North America and Europe are outpacing the rigid packaging market, given rising concerns regarding ecological burden.
Moving ahead, the high barrier film packaging market in Asia Pacific (APAC) is expected to witness rapid, owing to surging consumption of ready-to-eat (RTE) food products.
High Barrier Film Packaging Market: Competitive Analysis
Market players are aggressively focusing on enhancing their global footprint by mergers & acquisitions (M&A), and enhancing product portfolios.
- In order to boost its ability to develop eco-friendly, clean, safe liners, Mondi PLC has set up its new unit in Styria to develop high-barrier, side-folded tubes for FIBCs. This further enables the company to make these films in several structures, from PE/EVOH to seven-layered PE/PA/EVOH, and PE to PE/PA structures.
- Amcor has developed AmLite Ultra Recyclable prepared from more sustainable high-barrier polyolefin film. The new films package a variety of food, pharmaceutical, and home, and personal care products, and are able to be reprocessed in existing polyolefin recycling streams.
- Huhtamaki has begun its flexible packaging production in Egypt. The investment marks its entrance into the production of flexible packaging in Africa. Additionally, the manufactured products will be exported to Europe and other African nations.
Major companies in the global market are
- Bemis Company, Inc.
- Amcor Limited (Australia)
- American Pouch
- Ampac Oliver-Tolas
- Sealed Air
- Krehalon
- Flair Flexible
- HPM Global, Inc.
- Constantia Flexibles
- Winpak Limited
- Janco Inc.
- MULTIVAC
- Wipak Group Dupont
- BERNHARDT Packaging
Other prominent companies include 3D Packaging, Sonoco, Prairie State Group, Perlen Packaging, Shako Flexipack, and ClearBags,.
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High Barrier Film Packaging Market – Segment Analysis
The global market is segment on the following basis:
By Technology
- Polymer Nano Composites
- ORMOCER
- Multi-layer film
- Besela barrier film
- Sustainable barrier coatings
- Melamine-based barrier coatings
- Others
By Material
- Biaxial oriented polypropylene
- Cast polypropylene
- Biaxial oriented polyethylene terephthalate
- Biaxial oriented polyamide
- Transparent high barrier films
- Low-density polyethylene
- Linear low-density polyethylene
- Polyvinyl chloride
- Metalized films
- Ethylene vinyl alcohol
- Polyvinyidene chloride
- Polyacrylonitrile
- Cyclic olefin copolymer
- Polyvinyl alcohol
- Inorganic
- Silicon oxide, and aluminium oxide
- Nylon (cast and biax) and vinyl
By Product Type
- Pouches & bags
- Tray lidding film
- Wrapping film
- Stand-up pouches
- Forming webs
- Blister packs
By Application
- Food & beverage
- Pharmaceutical & medical
- Personal care & cosmetics
- Other applications
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