Overview

Barrier Packaging Market Introduction:

Barrier packaging market is expected to register a CAGR of 5.2% during the forecast period of 2020-2027 with a market value over USD 13 billion by 2027 end.
Barrier packaging acts as an obstruction between the original product and secondary packaging material. It acts as an obstacle and doesn’t allow the entry of light, heat, moisture & gases into the product, in order to maintain the product in original form. The packaging is aesthetically pleasing, has a functional size and shape to retain the products in indigenous form without any damages or leakages. Glass, metals, laminates and some plastic materials are used as barrier packaging materials and sometimes adding of nano-sized & sub-micron-sized additives to enhance the barrier properties of packaging materials.

An increasing need for barrier packaging due to the rising need for secure packaging and protection of product led to the robust development of the market. This form of packaging increases the visibility of the product and improves brand perception among the general population. They also improve the aesthetics of a product and have huge application in pharmaceuticals and food sector which led to lucrative trade avenues in the market globally. Additionally, the rapid advancement of technologies led to developing a fully automated process. All these factors led to the potential growth of the market worldwide.

North America barrier packaging market is a major shareholder in the global market due to high adoption among end-user segment. Europe is the second major stakeholder of globally. The Asia Pacific and Latin America regions created to potential opportunistic space for manufacturers due to a large number of manufacturers of pharmaceuticals and food products. They are expected to witness the highest growth rate during the forecast period. Rest of the world is expected to account significant share in the global market due to increasing adoption.

Significant market players include:

Amcor, Daibochi Plastic, Charter Nex Films, Celplast Metallized Products, Prairie State Group, Schur Flexibles Group and others. The market witnessed high capital investments due to increasing utilization of barrier packaging among different sectors.

Barrier Packaging Market

Barrier Packaging Market Segmentation:

By Material
- Polyethylene
- Polypropylene
- Polyamide
- Ethylene vinyl alcohol
- Others

By End User
- Pharmaceutical
- Food & Beverage
- FMCG
- Personal Care
- Electronics
- Others

By Region
- Europe
- North America
- APAC
- Latin America
- Rest of World

Competitive Landscape:
- Tier 1 players- established companies in the market with a major market share
- Tier 2 players
- Emerging players which are growing rapidly
- New Entrants

FutureWise Takeaways:
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market growth

Objectives of the Study:
- To provide with an exhaustive analysis on the global barrier packaging market by material, by end-user, and region
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
- To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
- To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
- Profiling of companies to evaluate their market shares, strategies, financials and core competencies