The Global Transparent Barrier Packaging Film Market is estimated to be USD 11.73 Bn in 2023 and is expected to reach USD 17.63 Bn by 2028 growing at a CAGR of 8.49%.Rising proliferation of e-commerce industry especially in the developing economies
The growing consumer demand for sustainable and eco-friendly packaging solutions is a major factor driving the transparent barrier packaging film market. Consumers are increasingly conscious of the environmental impact of packaging materials and are seeking out alternatives that are more environmentally friendly. This has resulted in the emergence of new packaging materials that are biodegradable and compostable, as well as the incorporation of recycled materials into packaging. Furthermore, increasing consumer demand for food safety and freshness has also fueled the markets’ growth. To meet this demand, transparent barrier packaging films are being developed with advanced properties that can provide effective protection against moisture, oxygen, and other contaminants, thus helping to preserve food for extended periods. Additionally, the rising popularity of packaged and ready-to-eat food products is contributing to the market's growth for transparent barrier packaging films as consumers seek out packaging solutions that can keep their food fresh and flavorful. Moreover, the market is being driven by innovations in packaging materials and technologies, as manufacturers are creating new films with better barrier properties, improved printing capabilities, and greater durability, which are expanding the applications of transparent barrier packaging films and driving growth in the market.
However, the transparent barrier packaging film market encounters several limitations and obstacles, including high costs compared to traditional packaging materials, restrictions in their usage due to limited mechanical strength or high oxygen permeability, and concerns about their recyclability, which can negatively impact their environmental impact goals. In addition, the shelf life of certain products may be affected by the barrier properties of the packaging film, and the need to comply with various regulations, such as food contact regulations, can increase complexity and costs for producers. Furthermore, intense competition in the market can make it difficult for new suppliers and technologies to establish themselves, and limited consumer awareness of the benefits of transparent barrier packaging films or reluctance to pay a premium for them can reduce demand and slow adoption in certain markets.
Market Segmentations
- The Global Transparent Barrier Packaging Film Market is segmented based on Material, End User, and Geography.
- By Material, the market is classified into Polyvinylidene Chloride (PVDC), Ethylene Vinyl Alcohol (EVOH), Polypropylene (PP), and Others (PE, PET/BOPET, Polyamide, etc.).
- Polyvinylidene Chloride has the largest market share due to its high transparency, excellent barrier properties, good heat-selability, has low permeability to odors and flavors, and has compatibility with other materials.
- By End User, the market is classified into Food, Healthcare, Consumer Goods, and Others.
- Food segment holds the highest market share. This can be attributed to the rising acceptance of packaged food products globally.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
- Asia-Pacific accounts for the largest market share due to the significant increase in the consumption of packaged food and healthcare products.
Recent Development
- Amcor, a global leader in flexible and rigid packaging, announced the launch of its new transparent barrier packaging film, called AmLite Ultra Recyclable. The film is made from a blend of polyethylene and proprietary additives that provide excellent barrier properties and can be easily recycled - May 2022.
- Berry Global, a global leader in flexible packaging and engineered materials, announced the acquisition of MGM Industries, a manufacturer of high-barrier films and laminates for the food packaging industry. The acquisition will expand Berry Global's product portfolio and strengthen its position in the transparent barrier packaging film market - April 2022.
- Klöckner Pentaplast, a global leader in rigid and flexible packaging, announced the launch of its new line of sustainable barrier packaging films, called Pentadecor PET. The films are made from recycled PET and provide excellent barrier properties to protect food products - January 2022.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 3M Company, Amcor Ltd., AMPAC Packaging, Bemis Company, Inc., Berry Global, Inc., CCL Industries Inc., Clondalkin Group, etc.Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxembourg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle East and Africa (Egypt, Israel, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
- The report presents a detailed Ansoff matrix analysis for the Global Transparent Barrier Packaging Film Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
- The publisher analyses the Global Transparent Barrier Packaging Film Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
- Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Transparent Barrier Packaging Film Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
- Excel data sheet for the market size will also be provided with the report.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
- The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
- The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
- Market segmentation
- Competitive Analysis: Comparative analysis of competitor
- Historical, current, and projected size of the market based on value and volume
- Market size of the US states
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Transparent Barrier Packaging Film Market, By Material
7 Global Transparent Barrier Packaging Film Market, By End User
8 Americas' Transparent Barrier Packaging Film Market
9 Europe's Transparent Barrier Packaging Film Market
10 Middle East and Africa's Transparent Barrier Packaging Film Market
11 APAC's Transparent Barrier Packaging Film Market
12 Competitive Landscape
14 Appendix
Companies Mentioned
- 3M Company
- Amcor Ltd.
- AMPAC Packaging
- Bemis Company, Inc.
- Berry Global, Inc.
- CCL Industries Inc.
- Clondalkin Group
- Cosmo Films Ltd.
- Daibochi Plastic & Packaging Industry Bhd
- Dupont Teijin Films
- Green Packaging Material Co. Ltd.
- Glenroy, Inc.
- Innovia Films
- Jindal Poly Films Ltd.
- Linpac Group
- Mitsubishi Chemical Advanced Materials Ag
- Raven Industries, Inc.
- SAES Getters S.p.A
- Toppan Printing Co., Ltd.
- Toray Advanced Film Co. Ltd.
- Uflex Ltd.
- Winpak Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2024 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 11.73 Billion |
| Forecasted Market Value ( USD | $ 17.63 Billion |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 22 |
