Global High Barrier Packaging Films Market, to grow at a 5.2% CAGR during the Forecast Period 2030

High barrier packaging films are widely used packaging solution which offers outstanding barrier resistance against air, gas, light, and moisture. Available in both transparent and non-transparent format, high barrier packaging films offer prolonged shelf life to the products and maintain the required quality of the product. Back on its convenient and robust packaging outlook, the high barrier packaging films are gaining significant traction in the market. The future demand and sales outlook for high barrier packaging films appears astonishing, as the demand for flexible packaging solutions is on a significant rise.

Market Synopsis

The Global High Barrier Packaging Films Market was valued at USD 22.88 billion in 2021; it is expected to reach USD 36.11 billion in 2030, growing with 5.2% CAGR.

The pharmaceutical manufacturers are significantly incorporating high barrier packaging films for medicine wrapping. These films laminate medicines and limit the chemical and physical change of the wrapped drugs. These films prevent the contact of medicines from moisture, oxygen, and water vapor that are predominantly responsible for disrupting the medicinal properties. In addition, the manufacturers offer inert and non-contaminating films that will create a barrier between pharmaceutical products and other packaging materials. Similarly, the inert property of the film does not react with other materials keeping the medicinal properties intact. Moreover, high barrier packaging films are also used in nutritional supplement wrapping and bottling. The growing health consciousness among the young population, increasing demand for nutraceuticals among the employees to meet the daily nutritional needs, and rising awareness about the positive impacts of the nutritional supplements generate opportunities for the industry players. Moreover, growing health and wellness awareness among young individuals for organic food is accelerating the organic food industry, thereby enhancing the utilization of high barrier packaging films. These aspects are expected to fuel the market growth in the assessed timeline.

Like most industries, the packaging industry got affected by the emergence of COVID-19. In the first few months of the pandemic, the growth of the packaging industry slumped, characterized by declining revenues and disruption of the supply chain and manufacturing facilities operating with a partial workforce in their production line. however, accelerated the key mobility value chain trends that were still in the pipeline before the emergence of the pandemic. The packaging industry is expected to be more advanced, connected, and digital in the coming years. The players operating in the packaging industry are working on pragmatic plans focused on cash flows, debt levels, and critical operations.

Competitive Landscape

The Global High Barrier Packaging Films Market is characterized by the presence of many regional and local vendors. The global market is highly competitive, with all the players competing to gain a larger market share. The vendors compete based on cost, product quality, reliability, and aftermarket services. Therefore, vendors must provide cost-effective and efficient products to survive and succeed in a competitive market environment.

Amcor plc, sealed air, Huhtamaki, Klockner Pentaplast, Mondi, Berry global inc, and Sonoco product company are the major players in the market, competing in terms of a variety of applications for the Global High Barrier Packaging Films Market and their components, as well as efficiency, reliability, affordability, and advanced technology. The primary focus of the players is to provide advanced products to aid in increasing adoption, which could help strengthen a country's growth with advanced products.

Segmentation:

Based on Material

• Plastic: High barrier packaging films are made of different plastic materials such as polyethylene (PE), polypropylene (PP), biaxially oriented polypropylene (BOPP), cast polypropylene (CPP), high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), ethylene vinyl alcohol (EVOH), and polyvinyl chloride (PVC). These materials are used for their high tensile strength, chemical and dimensional stability, transparency, reflectivity, gas and aroma barrier properties, and electrical insulation. They are widely utilized for preventing the physical, chemical, and microbiological deterioration of foods, nutrients, drinks, pharmaceuticals, and cosmetics.


• Metal: A metalized film is a high barrier layer film with high oxygen and moisture barrier properties, including a core layer and a metal bonding layer that is preferably formed by coextruding. These are polymer films coated with a thin metal layer, usually aluminum but other metals such as nickel and chromium are also used. Polypropylene (PP), polyethylene terephthalate (PET), polyethylene (PE), and cast polypropylene are the most common films used for metallization.


• Oxides: A high barrier oxide film is normally a thin layer deposited on the surface of a metal that has undergone an oxidation reaction from air or moisture surrounding the material. Oxide films are chemically produced by exposing the material's surface to controlled oxygen and temperature levels. They reduce corrosion on the material's surface by preventing further reaction. The most used oxide films are zinc oxide and aluminum oxide layers because they are most protective against corrosion and are amphoteric oxides, which means they do not react with acids and bases.

Based on Product

• Bags & Pouches: Bags and pouches made up of high barrier films are protective packaging used across various industries to provide shelf life to products during the shipping and storing processes. Robust product presentation, efficient protection, and enhanced shelf-life are some of the benefits of high barrier film bags and pouches. This type of packaging can be molded into any shape, making it easy to incorporate into the internal structure of a package for separating and protecting each part and preventing any potential corrosion or contamination in the materials.


• Trays Lidding Films: Tray lidding films are majorly made up of a range of plastic materials. These are available in both easy-peel and lock-tight versions. They are used to seal and pack plastic trays and containers for various food and non-food items. Brand owners from various end-use industries use tray lidding films to increase shelf life and prevent contamination of packaged products.


• Wrapping Films: Wrapping films are stretchable high barrier films that can be metallic and non-metallic. Their elastic recovery keeps the products tightly bound. Wrapping films are generally used to reduce problems during transit, including product damage, tampering, and loss. They also come in various thicknesses, widths, and formulations to secure and protect a variety of product sizes.


• Blister Packs: Blister packs are a pre-formed high barrier packaging solution used for packaging and storing pharmaceutical drugs, consumer goods, and food items. They are useful for protecting products against external factors, such as humidity and contamination, for extended periods. The materials used for making blister packs include plastic and aluminum. Blister packs are anticipated to witness soaring demand in the foreseeable future due to their high usage in pharmaceutical drug packaging.


• Others: The other segment among the product type comprises of small barrier labels, tubes, stick packs etc. which are frequently used for food and non food packaging application. Back on their considerable demand, need and aesthetic packaging outlook, these high barrier packaging products, experiences noticeable demand in the market.

Based on Technology

• Multi-Layer Films: Multilayer high barrier films are used to minimize permeation and effusion. Multiple extruders equipped with the special dies produce a multilayer film. Many polymers and substrates are also used to manufacture multilayer high barrier packaging films. Back on their multilayer structure, these films offer excellent moisture, gas, air barrier, high heat seal strength, and outstanding metallic appearance.


• Sustainable Barrier Coating Films: The sustainable barrier coating films are more sustainable than other multilayer metallic and non-metallic high barrier packaging films. These types of films come up with organic coatings or solvent-free coatings. The shifting focus of leading packaging manufacturers and end use customers towards highly sustainable and recyclable flexible packaging solutions are one of the pivotal factors that boosts the sales of sustainable barrier packaging films.


• Besela Barrier Films: Besela are high-barrier films used to laminate products in various industries. These are manufactured by coating acrylate plastic onto the base material of the polyester film. The films come with enhanced performance such as high barrier capabilities, heat resistance, transparency, resource-saving, and they have the unique feature of high flexibility. Experts engineer these to avoid food spoilage and minimize raw material consumption.


• Others: The others segment comprises high barrier packaging films with inorganic coatings and other oxides coatings. These films provide excellent gas and moisture barrier properties with high transparency. They are also not affected by high temperatures and relative humidity.

Based on Application

• Food & Beverages: High barrier packaging films are substantially used in the food & beverage industry to package, store, and ship a range of items such as meat, seafood, bakery, confectionery, ready-to-eat meals, fruits and vegetables, dairy products, and alcoholic and non-alcoholic beverages. Regarding demand and usage of high barrier packaging films, the food and beverage segment is leading among other industries.


• Pharmaceuticals: Manufacturers offer various high barrier film packaging products for the pharmaceutical industry to meet the needs of the industry. Blood oxygenators, glucose monitors, medicine, and test kits are medical products for which high barrier film packaging is needed. Pharmaceutical industries need protection against the damaging effects and require proper maintenance at every stage of their product sales cycle, including manufacturing operations, packaging, warehousing, handling, transportation to the dealer, and display.


• Personal Care & Cosmetics: The personal care & cosmetics industry manufactures consumer products used for beauty and personal hygiene. Personal care is a growing market for high barrier film packaging. This type of product requires safety and increased shelf life, which are some of the benefits of high barrier film packaging.


• Others: The others segment includes electronic appliances, agriculture, and chemicals. Electronic appliances need protection against the damaging effects of vibration and shock. The superior performance offered by high barrier film packaging reduces the chances of surface scratches and abrasions on electronic products. The high barrier film is used in agriculture for packaging pesticides, fertilizers, and biochemicals.

Based on Region

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  North America: North America is one of the prominent regional markets for high barrier packaging film. Despite challenges such as the rising environmental concerns regarding plastic use and water source contamination, the high barrier packaging film sector in North America witnessed noticeable growth in the financial year due to the rise in product manufacturing. Successful track records of developing new products by companies such as Sealed Air, Berry Global Inc., and Sonoco Product Company are driving the growth of the high barrier packaging film market in North America.

  
  


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  Europe: In Europe, the increase in production of food & beverages and cosmetics has raised the need to manufacture high barrier films for the protection of material from further spoilage. Moreover, according to Food Federation, the food industry is the largest manufacturing sector in the UK. The growing sectors in the countries of Europe raise the need for packaging of these products, which further leads to an increased demand for high barrier film packaging solutions in Europe.

  
  


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  Asia Pacific: The Asia-Pacific high barrier packaging film market region includes India, China, Japan and Others. These countries have set several regulations to monitor the quality and safety of packaging. India has the largest number of US FDA-approved pharmaceutical plants. These pharmaceutical products are packed in blister packs, bags and pouches made up of high barrier films, enhancing the growth of this market. These factors are driving the high barrier packaging film market in various end use applications. The fastest-growing packaging segment in Asia-Pacific is high barrier film packaging, especially plastic and sub segments.

  
  


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  Rest of the World: The opportunities for high barrier packaging film manufacturers are impressive in the Middle East & Africa and South America. The growth of the high barrier packaging film market in the Middle East & Africa and South America is attributed to the inclination towards case-ready packaging products, the rising need for high barrier packaging films for longer shelf-life, growing consumer concerns for food wastage reduction, and growing demand from the meat industry.
  
  
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