Transparent Barrier Packaging Films Market is Predicted to Grow Approximately at 3.72% CAGR by 2032
Transparent Barrier Packaging Films Market to grow at 3.72% CAGR by 2032
MRFR Press Release/—Market research future published a half cooked research report on global transparent barrier packaging films market. The global transparent barrier packaging films market was valued at USD 3.12 billion in 2022 and is projected to grow from USD 3.24 billion in 2023 to USD 4.5 billion by 2032, registering a CAGR of 3.72% during the forecast period from 2024 to 2032.
Transparent Barrier Packaging Films Market Highlights
The rapid growth with improving living standards and increasing consumption of packaged products in emerging markets is driving demand for the transparent barrier packaging films market. Transparent barrier films are replacing traditional materials which are used for various applications, due to consumer demand for packaging transparency and the use of metal detectors and microwave ovens.
Drivers
Market Research Analysis
The global transparent barrier packaging films market has been analyzed based on the three segments, namely material, end-users and regions. On the basis of material, the global transparent barrier packaging films market is segmented as polyvinylidene chloride (PVDC), ethylene vinyl alcohol (EVOH), polypropylene (PP), and others. PVDC segment accounted for largest market share in 2022. The popularity of PVDC film packaging in the food industry is due to its extended shelf life offering for food products, thus forming a major portion of food product manufacturers.
Based on end-users, the global transparent barrier packaging films market is bifurcated as food, healthcare, consumer goods and others. Transparent barrier packaging film is a preferred material for the packaging of meat, sausages, vegetable, and some beverages in the food industry.
Global Transparent Barrier Packaging Films Market, By Region
Scope of the Report
This study provides an overview of the global transparent barrier packaging films market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global transparent barrier packaging films market by its material, by end-users and regions.
By Material
- Polyvinylidene Chloride (PVDC)
- Ethylene Vinyl Alcohol (EVOH)
- Polypropylene (PP)
- Others
By End-Users
- Food
- Healthcare
- Consumer Goods
- Others
By Region
- Asia Pacific
- North America
- Europe
- Rest of World
Key PlayersThe key players of the global transparent barrier packaging films market are 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.).
Get Full Information About This Report: Transparent Barrier Packaging Films Industry