Barrier Packaging Market Scope
Enlarged demand for high barrier packaging films, which offer advanced protection serving various industries including food, pharmaceutical, and consumer products. This will help to led global barrier packaging market in the forecasted period. Barrier packaging is one of the most effective forms, which used for manufacturing stand up bags. Barrier packaging technology is substituting the outdated packaging type. It is used because they offer a strong safeguard against dust and germs. Its multi-layer system confirms a high level of purity. It helps to preserve to rise the life of perishable products like beverage, food, pharmaceuticals. Additionally, rapidly changing consumer preferences, lifestyle-related changes among the population, and accessibility of advanced technology have reduced the demand for traditional packaging. These aspects are anticipated to drive the global barrier packaging market. Moreover, the emergent trend of microwave cooking, as well as ready-to-eat meals, is estimated to further drive this market’s growth in the upcoming years.
The market study is being classified by Type (Bags and Pouches, Stand-Up Pouch, Tray Lidding Film, Forming Webs, Wrapping Film and Blister Pack Base Webs), by Application (Food Industry, Healthcare, Consumer Goods and Others) and major geographies with country level break-up. According to AMA, the Global Barrier Packaging market is expected to see growth rate of 5.5%
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Barrier Packaging market throughout the predicted period.
Amcor Limited (Australia), Schur Flexibles Group (Austria), Bemis Company (United States), Berry Global. (United States), Ampac Holdings. LLC. (United States), Clondalkin Group Holdings B.V. (Netherlands), Constantia Flexibles Group. (Austria), Innovia Films Limited. (United Kingdom), Winpak Ltd (Canada) and Sealed Air Corporation (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Glenroy, Inc. (United States), Charter Nex Films (United States), ALPLA-Werke (Austria) and Celplast Metallized Products (United States).
AdvanceMarketAnalytics has segmented the market of Global Barrier Packaging market by Type, Application and Region.
On the basis of geography, the market of Barrier Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. Polymer Nanocomposites will boost the Barrier Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Polyethylene (PE) will boost the Barrier Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 28th February 2019, Amcor, global packaging leader has collaborated with MassChallenge Switzerland, part of MassChallenge’s global network of zero-equity start-up accelerators. This partnership is help to identify and support start-up companies doing innovative work in sustainability and packaging.
On 24th April 2019, Amcor has launched AmLite Ultra Recyclable, its first packaging product made from the company’s revolutionary, more sustainable high-barrier polyolefin film.
The U.S. Food and Drug Administration (FDA) regulates the packaging and labeling of food. The intent of these regulations is to enhance the safety of food distributed throughout the United States and keep consumers informed about the food they're consuming. The FDA classifies any packaging that comes into direct contact with food as a "food contact substance." It is the responsibility of The Office of Food Additive Safety and The Center for Food Safety and Applied Nutrition (CFSAN) to ensure the safety of these food contact substances. This means packaging materials like plastics, coatings, papers, food colorants, and adhesives must be regulated and deemed safe for use. The Environmental Protection Agency (EPA) requires that antimicrobial technology be built into plastic and textiles used in food packaging to prevent the growth of bacteria, mold, mildew, fungi, discoloration and odor.
- High Adoption of Convenient and Sustainable Packaging
- Growing Demand in Baby Food Packaging
- Growing Development in Large Retail Chains
- Increasing Demand for Processed and Packaged Food
- Upsurging Inclination towards Ready to Eat Food
- Technological Advancements towards Expansion of Advanced and Nano-Based Barrier Packaging
- Intensifying Demand for Barrier Packaging From Pharmaceuticals As Well As Consumer Electronics Sectors
- Huge Opportunities Due To New Product Development
- High Cost of Barrier Packaging
- Rising Concern about Recycling
- Stringent Environmental Norms on Use of Certain Barrier Packaging Material
Key Target Audience
Barrier Packaging Providers, Food Industry, Pharmaceutical Industry, Government Regulatory Bodies, Government and Private Research Organizations and Others
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