Barrier Packaging Market to Value of Over $ 13 Billion by 2026 End

  • 15 Apr 2019

The global barrier packaging market is expected to register a CAGR of 5.2% during the forecast period of 2019-2026 with a market value over 13 billion by 2026 end.

The necessity to maintain the original product condition until it reaches target customers, aesthetically designed packaging that serves as a barrier between the original product and secondary packaging warranting positive brand perception, and prevention of quantitative losses due to leakages and spillages, are factors boosting the market growth of barrier packaging.  Development in automated packaging technologies is further fuelling market growth. 
Drawbacks of traditionally prevalent barrier packaging solutions like price, moisture‐sensitivity, imperviousness and possible ecological destruction additionally triggered the accelerated growth of modern-day barrier packaging market that relies on nano-sized and sub-micron sized additives.


Stringent environmental measures on the use of particular barrier packaging material are anticipated to impede the growth of the global market during the forecast period.


Global Barrier Packaging Market Trends

> Changing preferences towards wider usage of nutritional supplement, ready to eat baby food, ready meals will continue to boost the need for a safer barrier packaging that maintains the quality shelf life of such products
> Glass, metals, laminates are used for barrier packaging, but soon becoming less prevalent due to the scarcity of natural resources and lab researchers to continually explore alternatives like bio-friendly polymers for barrier packaging 
> Increased investments by existing organisations and new entrants in the barrier packaging market 
> Food and beverage, personal care and cosmetics, as well as the pharmaceutical industry, are estimated to propel the global barrier packaging market over the next few years.
> Emphasis on reducing the overall packaging costs to make the original product affordable for the end customer.

Global Barrier Packaging Market, by Material

•    Polyethylene
•    Polypropylene
•    Polyamide
•    Ethylene vinyl alcohol 
•    Others 
The convenience of packaging using polyethylene along with superior barrier qualities makes polyethylene largest segment holder amongst other materials like polypropylene, polyamide and ethylene vinyl alcohol. Polyethylene is anticipated to continue grabbing the major market share during the forecast period. The innovations to find alternative barrier material go along below outlines: 
•    thin, transparent vacuum‐deposited coatings
•    organic barrier coatings
•    blends of barrier polymers and standard polymers
•    new barrier polymers as discrete layers and 
•    nanocomposite materials

Global Barrier Packaging Market, by End User

•    Pharmaceutical
•    Food & Beverage
•    FMCG
•    Personal Care
•    Electronics
•    Others

Global Barrier Packaging Market, by Region:  
•    Europe  
•    North America  
•    APAC  
•    Latin America 
•    Rest of World 
The Asia Pacific market is estimated to dominate the global market during the forecast period. Accelerated development in food and packaging, personal care, and consumer electronics industry are key factors propelling the growth of barrier packaging market in the Asia Pacific. 

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  

 

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