Inclination towards Case Ready Packaging Products Driving the Growth of High Barrier Packaging Films Market during the Forecast Period

The global market for high barrier packaging films was valued at over US$ 20 Bn in 2018 and is projected to expand at a CAGR of 7.8% during the forecast period (2018-2028).

High barrier packaging films are those packaging materials which have thickness more than 25 µm. Ideally high barrier packaging films are packaging films used for providing oxygen and moisture barrier protection for end use products like food, beverages, pharmaceuticals, chemicals, etc.       

global high barrier packaging films market

Growing emphasis on manufacturing smaller pack size-compatible flexible packaging solutions to create growth opportunities for high barrier packaging films

In recent years, consumers have become more educated about environmental issues and prefer lighter weight packaging products like high barrier packaging films in order to prioritize portable packaging and reduce waste. Consumers across the developed market have shifted to smaller pack packaging purchase which is reseal able and easy to carry like high barrier packaging films. Manufacturers are thus adopting high barrier packaging films which eliminates the need for secondary material of packaging a product.

Inclination towards case ready packaging products driving the growth of high barrier packaging films market

Over the last few years high barrier packaging films which render convenience of peel able and the demand for case ready packaging products are growing. Products falling in case ready packaging products categories are meat, cheese, poultry and fish products are key factors driving the growth for high barrier packaging films market. Predominantly such products are stored in plastics trays covered with high barrier packaging films are reusable.

  • For Instance, Schur Flexibles Holding GesmbH offers innovative high barrier packaging films for processed and case ready products. EVOH based shrink films are primary choice of material which are excellent properties to restrict Oxygen Transmission Rate (OTR), heat and UV rays.

Rising demand for retort pouches is expected to drive the growth for high barrier packaging films market

Technological development in packaging has enabled new and convenient invention of flexible packaging such as retort pouches which need high barrier packaging films. It has added value to high barrier packaging films packaging, coupled with an additional implementation such as reseal able zippers, sliders, spouts, and handles.

Increasing usage of modern packaging techniques for high barrier packaging films applications

Vendors across the globe are switching to modern packaging techniques such as Vacuum Skin Packaging, Aseptic Packaging, Modified Atmospheric Packaging, etc. for high barrier packaging films applications have attracted by the benefits associated with such techniques in comparison to conventional methods. Furthermore, owing to the benefit of extended shelf-life of new technology packaging used in high barrier packaging films, consumers can eat a meal over multiple days, without worrying about the onset of spoilage. These factors are expected to boost the sales of high barrier packaging films market.

Key Developments in the Global High Barrier Packaging Films Market

  • Manufacturers in high barrier packaging films market are actively focusing on increasing the global footprint of high barrier packaging films solutions by acquisition
    • In June 2016 Amcor Limited completed the acquisition of Alusa S.A a U.S based packaging manufacturer.
    • In October 2015 Amcor Limited announces acquisition of BPI China a plastic film manufacturer, subsidiary of British Polythene Industries plc.
    • In May 2016, Bemis Company, Inc. acquired packaging operations of SteriPack Group in Ireland. SteriPack Group specializes in medical device packaging.
  • Manufacturers focusing on product launch for enhancing their product portfolio
    • In April 2016, Amcor Limited launched “Amlite Ultra”, a transparent high barrier packaging films product.
    • In February 2016, Celplast Metallized Products Ltd launched a new kind of metallizer with metacoat- inline coating for producing high barrier packaging films
    • In February 2017 Uflex ltd. launched high barrier packaging films product comprising of polyester in Cold form Alu- Alu laminate in pharmaceutical industry
  • Collaborations with regional manufacturers as an expansion strategy
    • In February 2017, Uflex ltd. collaborated with Comiflex to expand its manufacturing capability.
    • In May 2016 Toray Plastics (America), Inc. collaborated with Packaging Products Corporation, LLC for producing clear and PVDC free high barrier packaging films

Competitive Landscape

Key players operating in the global high barrier packaging films market include Amcor Limited, Uflex Ltd, Glenroy, Inc, Winpak Ltd., The Mondi Group plc., Toray Plastics (America), Inc., LINPAC Packaging Limited, Schur Flexibles Holding GesmbH, Huhtamaki Oyj, Berry Global Group Inc., Ampac Holdings LLC., Bischof & Klein GmbH & Co. KG, Celplast Metallized Products Ltd, Plastissimo Film Co., Ltd., Sealed Air Corporation, DUNMORE Corporation, Bemis Company, Inc, Polyplex Corporation Limited, Shrinath Rotopack Pvt Ltd, and ACG Worldwide Private Limited.

Key resin manufacturers operating in the global high barrier packaging films market include Exxon Mobil Corp, Mitsubishi Chemical Holdings Group, Kuraray Co Ltd, LyondellBasell Industries N.V, LG Chem Ltd., United Co Rusal PLC, Alcoa Corporation, BASF SE, Saudi Arabia Basic Industries Corporation (SABIC), and Chevron Phillips Chemical Company LLC.

Key end-user base manufacturers operating in the global high barrier packaging films market include Nestlé S.A, Tyson Foods, Inc, PepsiCo, Inc., The Procter & Gamble Company, JBS SA, Danone SA, Mondelez International, Inc., Johnson & Johnson, Unilever Plc. and Cargill Incorporated.

In this report, Transparency Market Research (TMR) offers a 10-year forecast of the global high barrier packaging films market between 2018 and 2028. In terms of value, the global high barrier packaging films market is expected to expand at a CAGR of 7.8% during the forecast period. The study reveals market dynamics in seven geographic segments along with high barrier packaging films market analysis for the current market environment and future scenario over the forecast period.

Report Description

This Transparency Market Research report studies the global high barrier packaging films market for the period 2018–2028. The prime objective of global high barrier packaging films market is to offer insights and key market trends pertaining to the global high barrier packaging films market that are gradually helping transform global businesses.

The global high barrier packaging films market report initiates with the executive summary for several categories in the high barrier packaging films market. It is trailed by market dynamics and a summary of the global high barrier packaging films market, which includes TMR analysis of market drivers, opportunities, trends, and restraints that are moving the growth of the high barrier packaging films market. Furthermore, to comprehend the popularity of the high barrier packaging films market segment, the BPS analysis and attractiveness index with key insights on the same are provided. To display the performance of the high barrier packaging films market in every country and region, BPS and Year-on-Year growth analysis of high barrier packaging films are provided.

The global market for high barrier packaging films is further segmented as per high barrier films type, material type, end user base, and packaging type. On the basis of high barrier films type, the global high barrier packaging films market is segmented into metalized films, clear films, organic coating films, and inorganic oxide coating films. On the basis of material type, the global high barrier packaging films market is segmented into plastic, aluminium, oxides, and others. The plastic segment is further sub-segmented into polyethylene (PE), polypropylene (PP), ethylene vinyl alcohol (EVOH), polyethylene terephthalate (PET), polyvinylidene chloride (PVDC), polyamide (nylon), polyethylene naphthalate (PEN), and others (LCD, PS, PVC, PLA). On the basis of the end user base, the global high barrier packaging films is segmented into food, beverages, pharmaceuticals, electronic devices, medical devices, agriculture, chemicals, and others. On the basis of packaging type, the global high barrier packaging films is segmented into pouches, bags, lids, shrink films, laminated tubes, and others.

Another section of the report highlights the high barrier packaging films market, by region, and delivers the market viewpoint for 2018–2028. The study examines the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional high barrier packaging films market. Main regions assessed in the report on the global high barrier packaging films market include North America, Asia Pacific excluding Japan (APEJ), Latin America, the Middle East & Africa (MEA), Western Europe, Eastern Europe, and Japan.

To determine the market size in terms of value and volume, the revenue generated by the key producers of high barrier packaging films and their individual production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the high barrier packaging films market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis of how the high barrier packaging films market is expected to develop in the future. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the high barrier packaging films market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the high barrier packaging films market and identify the right opportunities across the market.

The market segments for the global high barrier packaging films market have been analysed in terms of basis point share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important to identify various key trends in the high barrier packaging films market. Another key feature of the global high barrier packaging films market is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the high barrier packaging films market. The overall absolute dollar opportunity along with the segmental split is mentioned in the report titled global high barrier packaging films market.

To understand the key growth segments in terms of growth and adoption for high barrier packaging films globally, Transparency Market Research developed the high barrier packaging films market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities in the global high barrier packaging films market.

In the final section of the report on high barrier packaging films, the ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution to the total high barrier packaging films market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth evaluation of their capabilities and success in the high barrier packaging films marketplace.

Detailed profiles of companies in the global high barrier packaging films market are also included in the report to evaluate their strategies, key product offerings, and recent developments. Key manufacturers and suppliers operating in the high barrier packaging films market include Amcor Limited, Bemis Company, Inc., Uflex Ltd., Sealed Air Corporation, Glenroy, Inc., Celplast Metallized Products Ltd, Winpak Ltd., The Mondi Group plc., Toray Plastics (America), Inc., Berry Global Group Inc., LINPAC Packaging Limited, Schur Flexibles Holding GesmbH, Huhtamaki Oyj, Ampac Holdings LLC., Bischof & Klein GmbH & Co. KG, Plastissimo Film Co., Ltd., DUNMORE Corporation, Polyplex Corporation Limited, Shrinath Rotopack Pvt Ltd., and ACG Worldwide Private Limited.

Key manufacturers of resins operating in global high barrier packaging films market include Exxon Mobil Corp, Mitsubishi Chemical Holdings Group, Kuraray Co Ltd, LyondellBasell Industries N.V, LG Chem Ltd., United Co Rusal PLC, Alcoa Corporation, BASF SE, Saudi Arabia Basic Industries Corporation (SABIC), and Chevron Phillips Chemical Company LLC.

Key end users operating in the global high barrier packaging films market include Nestlé S.A., Tyson Foods, Inc., PepsiCo, Inc., The Procter & Gamble Company, JBS SA., Danone SA, Mondelez International, Inc, Johnson & Johnson, Unilever Plc., and Cargill, Incorporated.

Key Segments Covered of the Global High Barrier Packaging Films Market

By high barrier films type, the global high barrier packaging films market is segmented as:

  • Metalized Films
  • Clear Films
  • Organic Coating Films
  • Inorganic Oxide Coating Films

By material type, the global high barrier packaging films market is segmented as:

  • Plastic
    • Polyethylene (PE)
    • Polypropylene (PP)
    • Ethylene Vinyl Alcohol (EVOH)
    • Polyethylene Terephthalate (PET)
    • Polyvinylidene Chloride (PVDC)
    • Polyamide (Nylon)
    • Polyethylene Naphthalate (PEN)
    • Others (LCD, PS, PVC, PLA)
  • Aluminium
  • Oxides
    • Aluminium Oxides
    • Silicon Oxides
  • Others

By end user base, the global high barrier packaging films market is segmented as:

  • Food
    • Meat, Seafood, and Poultry
    • Baby Food
    • Snacks
    • Bakery and Confectionery
    • Pet Food
    • Dairy Food
    • Ready-to-eat Meals
    • Other Food
  • Beverages
    • Alcoholic Beverages
    • Non-alcoholic Beverages
  • Pharmaceuticals
  • Electronic Devices
  • Medical Devices
  • Agriculture
  • Chemicals
  • Others

On the basis of packaging type, the global high barrier packaging films is segmented as:

  • Pouches
  • Bags
  • Lids
  • Shrink Films
  • Laminated Tubes
  • Others

Regional analysis of the high barrier packaging films market is presented for following market segments:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Nordic
    • Benelux
    • Rest of Western Europe 
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe 
  • Asia Pacific Excluding Japan (APEJ)
    • China
    • India
    • ASEAN
    • Australia and New Zealand
    • Rest of APEJ 
  • Middle East and Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of MEA 
  • Japan
.