DUBLIN--(BUSINESS WIRE)--The "Barrier Films Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global barrier films market to grow with a CAGR of 5.1%% over the forecast period of 2018-2024.
The report on global barrier films market provides qualitative and quantitative analysis for the period of 2016 to 2024.
Growing need for consumer friendly packaging that provides transparency in product packaging helps consumer to easily identify the product.
Growing demand of packaged food in food industry is likely to propel the growth of the market due to increasing the shelf life of food products. The demand for compact packaging is increased over the upcoming years. On the other hand, fluctuating prices of raw types and difficulties in recycling of multilayer films are likely to restraint the growth of the market. Furthermore, the demand for biodegradable and soluble films is anticipated to bring more opportunities to this market.
Among the regions, Asia-Pacific is expected to be the largest market for barrier films followed by Europe. The demand for processed food, increasing per capita income of an individual, and the growth in developing economies such as China and India are likely boost the growth in this region. Furthermore, growth in international trade and presences of number of packaging industries will augment the demand of barrier film market in the coming years.
Growing environmental concerns and strict government regulation, number of packaging company are shifting toward the use of biodegradable types. Moreover, the rising market for pharmaceutical and health products and eatable and soluble food packaging will contribute to the high demand for bio-based polymer films during the forecast period. The merger and acquisition is the key strategy of the leading player to expand their product line and strengthen their position and presence in the market.
The report on barrier films market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global barrier films market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings. Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global barrier films market over the period of 2016 to 2024. Further, the Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.
Global Barrier Films Market by Materials
Global Barrier Films Market by Type
- Organic Coating Films
- Inorganic Oxide Coating Films
- Metallized Films
- Other barrier Films
Global Barrier Films Market by End Users
- Healthcare Industry
- Food industry
- Consumer goods industry
- Other industries
- Mitsubishi Plastic
- Berry Plastics
- Toppan Printing Co. Ltd.
- Amcor Limited
- Sealed Air Corporation
- Huhtamaki Oyj
- Uflex Ltd.
Atlantis Pak Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/kmk7lh/barrier_films?w=4