Global High Barrier Film Packaging Market 2019-2025
発行: Orion Market Research Pvt Ltd
Global High Barrier Film Packaging Market Size, Share & Trends Analysis Report by Product Type (Pouches & Bags, Tray Lidding Film, Wrapping Film, and Forming Webs and Blister Packs), by Application (Food & Beverages, Pharmaceutical & Medical, Personal Care & Cosmetics) and Forecasts, 2019 - 2025
Packaged foods are increasingly preferred across the globe owing to growing demand for lyophilized food and growing significance of packaging. Rising millennials is one of the factors that drive the demand for on-the-go packaged foods around the globe. However, there is also a concern for the safety of the food and health issues associated with it. In recent years, consumers have become increasingly conscious about their health and hence, are willing to pay a higher price for healthy and fresh food. Consequently, consumer food industries have begun to apply advanced technologies to preserve the freshness and nutrients of the food. The causes of food spoilage include microbial growth, chemical interactions between the components of a foodstu?, and the action of enzymes present in the products. Some of these causes stem from the presence of oxygen around the product. Oxygen can turn fats rancid, cause ﬂavor deterioration, create color changes, encourage the growth of mold and aerobic bacteria, and deplete nutritional value.
Most of the foods are oxygen sensitive, which can be better protected using advanced packaging technologies such as high barrier film packaging. High barrier film packaging is widely used in the food industry, as they extend the shelf life of food products; thereby, prevailing the growth of the global high barrier film packaging market. Global high barrier film packaging market is segmented on the basis of product type, application, and region. On the basis of product type, the market is sub-segmented into pouches & bags, tray lidding film, wrapping film, and forming webs and blister packs. Whereas, on the basis of application, the market is classified into food & beverages, pharmaceutical & medical, personal care & cosmetics.
Geographically, the market has been divided into North America, Europe, Asia-Pacific, and Rest of the World. These regions contribute significantly into the growth of the global high barrier film packaging market. Furthermore, the global high barrier film packaging market players provide wide range of packaging solutions to cater to a wide range of customers from around the globe. Some of the major market players include Amcor Ltd., Bemis Co. Inc., Polyplex Corp. Ltd., Sealed Air Corp., and Uflex Ltd. These players adopt various strategies; such as mergers and acquisitions, product launch, geographical expansion, and partnerships and collaborations to stay competitive in the market. For instance, in May 2016, Toray Plastics (America), Inc. collaborated with Packaging Products Corp., LLC for producing clear and PVDC free high barrier packaging films.
The market study of the global high barrier film packaging market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for market research firms, investment companies, food & beverages companies, personal care & cosmetics manufacturer for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.