Transparent Barrier Packaging Films Market Research Report – Forecast to 2023

Transparent Barrier Packaging Films Market
Research Report - Global Forecast to 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Transparent Barrier Packaging Films Market
Global Transparent Barrier Packaging Films Market By Material (Polyvinylidene chloride (PVDC), Ethylene vinyl alcohol
(EVOH), Polypropylene (PP), and others), By End-Users (Food, Healthcare, Consumer Goods and others), & by Region Global Forecast to 2023.
The growth of global transparent barrier packaging films market can majorly be attributed to increased consumption of processed food
items and ready to eat food products. In addition, rapid urbanization coupled with changing food preferences of consumers due to
increasing disposable income is expected to boost the market growth. However, rising competition from substitutes such as aluminum
foil is the major restraint that could hinder the market growth.
Based on end-users, food segment accounted for the largest share in 2016, owing to rising acceptance of packaged food products across
the globe. The food products that are packaged using these films contain less preservatives compared to canned food products, helping
the health conscious consumers. In consumer goods, the products packaged with transparent barrier packaging films have longer shelf
life, less prone to environmental factors such as moisture and UV.
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Transparent Barrier Packaging Films Market
Regional Analysis
The global transparent barrier packaging films market has the highest share in Asia-Pacific. Factors such as surging demand for
processed food, increasing purchasing power of consumers across the globe and the growth of developing economies such as China and
India is driving the growth of the market. In addition, the growing e-commerce industry and international trade will also augment the
demand for transparent barrier packaging films in the region. Furthermore, the presence of large untapped consumer base will provide
considerable growth opportunities to the market in the region.
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Transparent Barrier Packaging Films Market
Segmentation
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Transparent Barrier Packaging Films Market
Major Players
Amcor Ltd. (Australia), Bemis Company, Inc. (U.S.), 3M Company (U.S.), Mitsubishi Plastic (Japan), AMPAC (U.S.), Berry
Global, Inc. (U.S.), Innovia Films (U.K.), Toppan Printing Co., Ltd. (Japan), Daibochi Plastic & Packaging Industry Bhd
(Malaysia), and LINPAC Group (U.K.) are some of the leading players operating in the global transparent barrier packaging
films market.
Transparent barrier packaging films are made of plastic and can be moulded into various shapes. This films offer transparency
to the product and protect them against gases, dust, moistness, and aroma. The global transparent barrier packaging films
market is anticipated to grow at a CAGR of 5.45% during the forecast period.
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Global Transparent Barrier Packaging Films Market By Material (Polyvinylidene chloride (PVDC), Ethylene vinyl alcohol (EVOH), Polypropylene (PP), and others), By End-Users (Food, Healthcare, Consumer Goods and others), & by Region - Global Forecast to 2023. The growth of global transparent barrier packaging films market can majorly be attributed to increased consumption of processed food items and ready to eat food products. In addition, rapid urbanization coupled with changing food preferences of consumers due to increasing disposable income is expected to boost the market growth. However, rising competition from substitutes such as aluminum foil is the major restraint that could hinder the market growth. Based on end-users, food segment accounted for the largest share in 2016, owing to rising acceptance of packaged food products across the globe. The food products that are packaged using these films contain less preservatives compared to canned food products, helping the health conscious consumers. In consumer goods, the products packaged with transparent barrier packaging films have longer shelf life, less prone to environmental factors such as moisture and UV. Enquiry Before Buying@ https://www.marketresearchfuture.com/enquiry/4098