Global High Barrier Films Market

High Barrier Films Market Size, Share, Growth Analysis, By Material Type(PE, BOPP, BOPET, CPP), By End User(Processed food manufacturers, suppliers, packaging service providers), By Application(Meat, fish, dairy, snacks), By High barrier films type(Metalized Films, Clear Films, Organic Coating Films, and Inorganic Oxide Coating Films), By Packaging type(Pouches, Bags, Lids, Shrink Films), By Region - Industry Forecast 2024-2031


Report ID: SQSG15A2051 | Region: Global | Published Date: February, 2024
Pages: 246 | Tables: 157 | Figures: 78

High Barrier Films Market Dynamics

High Barrier Films Market Driver

  • Demand for Longer Self Life for Food Products

The need for barrier films is being driven by customers’ increasingly hectic lifestyles and their resulting need for simple food packing. The use of preservatives is decreased and the product life is extended thanks to barrier films. Barrier films can serve as a printing substrate, which gives the product a beautiful appearance. The food and beverage sector is moving away from heavy, cumbersome packaging to lightweight, portable packaging. Barrier films assist in meeting this need since they are more flexible than rigid packaging and do not contain glass or cans, which add to the weight of packaging.

High Barrier Films Market Restraint

  • Susceptibility to Degradation

Barrier coatings are vulnerable to oxidative deterioration at high temperatures. PVDC, which resembles PVC in certain ways, becomes unstable in the presence of heat and UV radiation. Pinholes and cracks in the coating layers are the primary causes of the degradation of barrier films. Another material utilised in the creation of barrier films that provides great protection against odours and gases is nylon. However, nylon has a propensity to quickly absorb moisture and function as a plasticizer, reducing the polymer’s ability to operate as a gas barrier. When exposed to light or very high temperatures, several resins used to create barrier films change their characteristics.

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Global High Barrier Films Market size was valued at USD 4916.02 million in 2019 and is poised to grow from USD 12057.17 million in 2023 to USD 19345 million by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

Global High Barrier Films Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Mondi plc', 'Amcor Limited', 'Sealed Air Corporation', 'Berry Global Inc.', 'Winpak Ltd.', 'Coveris Holdings S.A.', 'DuPont de Nemours, Inc.', 'Mitsubishi Chemical Corporation', 'Huhtamaki Oyj', 'Plastopil Hazorea Company Ltd.', 'Toray Industries, Inc.', 'Flexopack SA', 'Schur Flexibles Holding GesmbH', 'Innovia Films Ltd.', 'Jindal Poly Films Limited', 'Uflex Limited', 'Bemis Company, Inc.', 'Glenroy, Inc.', 'Cosmo Films Limited', 'Seiwa Inc.'

Demand for Longer Self Life for Food Products

Depending on the tailored and application needs from industries, bespoke high barrier packaging film production varies. According to the thickness and different layer options needed based on the products that need to be packaged, customised high barrier films are produced. Every product is distinct, and every buyer has distinctive needs. Customized high barrier films add a sense of individuality to a product and strengthen its branding.

North America is dominated the high barrier film maker in 2021, and account a largest share of market in coming years. In the US, presence of food and beverage industry boost the demand for high barrier film to pack food products for safety of product. Also, the availability of many end user industry of high barrier film in North America region accelerate the market growth in the region.

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Global High Barrier Films Market

Report ID: SQSG15A2051

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