DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Transparent Barrier Packaging Films Market in North America 2017-2021" report to their offering.
The analysts forecast the transparent barrier packaging films market in North America to grow at a CAGR of 5.07% during the period 2017-2021.
Transparent Barrier Packaging Films Market in North America 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from the research team said: The latest trend gaining momentum in the market is increasing usage of sustainable packaging. The packaging waste in the US accounted for more than 65 million tons in 2016. With the growing waste from packaging materials in North America, an increasing trend is experienced in the use of biodegradable packaging materials, which can be disposed of in an eco-friendly way.
According to the report, one of the major drivers for this market is innovations in packaging films industry. The growth of the transparent barrier packaging films market in North America is driven by innovations in the packing films industry. Manufacturers are providing innovative solutions, which are leading the market positively. In 2017, Innovia Films, a global producer of BOPP films, produced RayoForm ICU, crystal clear and high-gloss films. Such continuous innovations in the transparent barrier packaging films market are becoming a major driver for the market growth in North America.
Further, the report states that one of the major factors hindering the growth of this market is increasing price of plastic resins. The packaging industry is the major end-user for the plastic resins manufacturing industry, which comprised more than 40% share in 2016 in North America. Plastic resins are the key materials used in the formation of plastic films packaging. The major types of plastic resins consist of thermoplastics such as PVC, polypropylene (PP), and PE.
- Berry Plastics
- Toppan Printing
Other prominent vendors
- Dai Nippon Printing (DNP)
- Honeywell International
- Innovia Films
- Sealed Air
- Taghleef Industries
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Market segmentation by geography
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
For more information about this report visit https://www.researchandmarkets.com/research/29gtpk/transparent