Barrier Films: Introduction
- Barrier films protect products ranging from pharmaceuticals and electronics to food products. Barrier film is an inseparable element of food packaging solutions. It is particularly used in products that are thin plastic based.
- Barrier films play a crucial role in preserving the integrity of products packed within and are thus used in a variety of industries that require high quality packaging such as pharmaceuticals, electronics, and food products. Thus, it is also significant to pick the right film for a particular product.
- Some of the factors that should be judged before opting for a film are OT (Oxygen Transfer Rate) and purpose of packaging. For instance, food items require less oxygen, as oxygen spoils food by breeding bacteria.
Key Drivers and Restraints of Barrier Films Market
- Hectic lifestyle of people has led to ever-changing food habits and such a lifestyle generates the need for packaged food, which can be eaten on-the-go, without the hassle of cooking. Besides, improvement in lifestyle and increase in disposable income have boosted the consumption of packaged food. These factors are driving the global barrier films market.
- Grab-and-go food (GNG) refers to ready-to-eat, pre-packaged food products that are often sold at a self-service refrigerator or somewhat similar outlets. Such products require longer shelf life with quality being intact. This acts as an important driver for the global barrier films market.
- Increase in sales of food packaging products is expected to drive the global barrier films market
- At elevated temperatures, barrier films are susceptible to oxidative degradation. PVDC, which has similar properties to that of PVC, is unstable when exposed to UV light and heat. Some of the resins used for the production of barrier films change their properties when exposed to light or extreme temperatures. This changes the mechanical and tensile strength of films and, sometimes, leads to scaling of films. These factors are likely to hamper the global barrier films market during the forecast period.
Barrier Films: Material Segment
- Based on material, the barrier films market can be segmented into PE, PP, PET/BOPET, polyamide, organic coatings, inorganic coatings, and others
- PE holds the major share of the overall barrier films market owing to its good moisture barrier properties. Inorganic coatings segment is projected to be the fastest-growing segment during the forecast period.
COVID-19 Impact on Barrier Films Market
- On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 214 countries and territories around the world.
- Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
- Manufacture of various consumer goods and other products across the globe came to a halt due to the unavailability of raw materials, shortage of labor, and other reasons. This is expected to hamper the barrier films market.
Asia Pacific to be Rapidly Growing Region of Global Barrier Films Market
- In terms of region, the barrier films market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- The global market has expanded significantly over the last two decades. This trend is estimated to continue during the forecast period. Asia Pacific held dominant position of the market in 2020. Asia Pacific is the largest market for barrier films and is expected to register the highest CAGR, owing to strong demand from end-use industries, such as food & beverage packaging and agriculture, in the region. This dominance can be ascribed to the high demand for barrier films in food & beverages, pharmaceutical, and agriculture end-use industries in China, Japan, and India, among others.
- Rise in demand for barrier films in emerging economies and trend toward sustainability are creating lucrative opportunities for the market
- High demand for barrier films in the pharmaceutical sector in Europe is driving the market in the region
Key Manufacturers Operating in Barrier Films Market
The barrier films market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the barrier films market include:
- Sumitomo Chemical Co., Ltd
- ProAmpac LLC
- Berry Global
- Dupont Teijin Films
- Raven Industries
- Cosmo Films Ltd.
- Uflex Ltd
- Amcor Limited
- Toppan Prnting Co., Ltd.
- Sealed Air Corporation.
- Jindal Poly Films Ltd.
Barrier Films Market: Research Scope
Barrier Films Market, by Material
- PE
- PP
- PET/BOPET
- Polyamide
- Organic Coatings
- Inorganic Coatings
- Others
Barrier Films Market, by End-use
- Food & Beverage Packaging
- Pharmaceutical Packaging
- Agriculture
- Others
Global Barrier Films Market, by Region
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
