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 News

In October 2022, Toppan launched new product of GL Barrier brand products centered on transparent barrier films by developing new polypropylene (PP) mono material barrier packaging with outstanding heat and water resistance.
In September 2022, Jindal introduced new high barrier Ethy-Lyte films, which can be adopted in the flexible packaging market as PE printing films for recyclable mono-PE structures.

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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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