Global High Barrier Packaging Films Market – Industry Trends and Forecast to 2026

High barrier packaging films are packaging which is used to protect the quality of the product from external stimulus. It stops the passage of oil, oxygen, aroma etc. It is widely used in food and beverage industry because it has the ability to protect the food from getting damaged. Clear films, organic coating films, inorganic oxide coating films and metalized coating films are some of the common type of high barrier packaging films. They are widely used industries such as medical, electrical, agriculture, pharmaceutical and others. Increasing demand for ready to eat products is the factor fuelling the growth of this market.

Market Analysis: Global High Barrier Packaging Films Market

Global high barrier packaging films market is set to witness a substantial CAGR of 7.95% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing concern related to environment and rising demand for ready packaging products are the factor for the growth of this market.

Top Market Competitors:

Few of the major competitors currently working in the global high barrier packaging films market are Amcor Limited, Bemis Company, Inc., American Pouch Converters, Inc., Sealed Air, Krehalon, HPM GLOBAL INC., FLAIR Flexible Packaging Corporation, CONSTANTIA, Winpak Ltd, MULTIVAC, DuPont de Nemours, Inc., BERNHARDT Packaging & Process, Sonoco Products Company, ClearBags, Perlen Packaging, Sigma Plastics Group, Oliver, Berry Global Inc., Celplast Metallized Products, Toray Plastics (America), Inc., TAGHLEEF INDUSTRIES GROUP, Schur Flexibles Holding GesmbH.

Key Developments in the Market:

• In April 2019, Cosmo Films announced the launch of their new cast polypropylene (CPP) high barrier film for packaging which needs high hot tack and low sealing temperature. It also provides excellent aroma, light, oxygen and moisture barrier properties. It also offer high metal bond. It is available in different ranges and is very suitable for cookies, chocolate, ice creams etc.
• In May 2019, Innovia films announced the launch their new range of transparent high barrier packaging film- Propafilm Strata SL. It is very suitable for biscuits, dried fruit, bars, tea, coffee and cereal bar. Even at high humidity, it has excellent barrier to aroma, mineral oil and oxygen. It also has the ability to increase the shelf life of the product.

Global High Barrier Packaging Films Market Segmentation:

• Global High Barrier Packaging Films Market By Type (Metalized Films, Clear Films, Organic Coating Films, Inorganic Oxide Coating Films)
• Material Type (Plastic, Aluminium, Oxides, Others), Technology (Multi-Layer Film, Sustainable Barrier Coatings, Besela Barrier Film and Others)
• End- User (Food, Beverages, Pharmaceutical, Electronic Device, Medical Device, Agriculture, Chemicals, Others)
• Packing Type (Pouches, Bags, Lids, Shrink Films, Laminated Tubes, Others)
• Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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Competitive Analysis:

Global high barrier packaging films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of high barrier packaging films market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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