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The transparent barrier packaging film market size is forecast to increase by USD 7.71 billion at a CAGR of 8.06% between 2023 and 2028. The market is experiencing significant growth, driven by the high demand for these films in the food industry. The increasing preference for extended shelf life and improved product preservation is fueling the market's expansion. Additionally, there is a rising demand for high-performance, specialty barrier films that offer superior protection against moisture, oxygen, and other contaminants. The industry landscape is characterized by the production of specialty plastic films, primarily made from PE, BOPET, and BOPP. However, the market faces challenges from substitute products such as aluminum foil and glass packaging. Aluminum foil, a traditional packaging material, faces competition from these films due to their superior properties and eco-friendly nature. Despite this, the market is expected to continue its growth trajectory due to the increasing awareness of food safety and the convenience offered by transparent barrier packaging films.
The market is witnessing significant growth in the food and beverage industries due to the increasing demand for sustainable and eco-friendly materials. Biodegradable and recyclable materials are gaining popularity as they align with consumer preferences for reducing waste and enhancing brand image. Historical data indicates that regulatory requirements and disposable incomes have been the factors driving market growth. Transparent barrier packaging films made of Polyethylene and Polyamide are widely used due to their excellent shelf life extension properties. These films protect processed food items from humidity, punctures, and external contaminants, reducing the need for artificial preservatives. Aluminum foil, a traditional packaging material, faces competition from these films due to their superior tensile strength and humidity resistance. The market is expected to continue its growth trajectory as consumers increasingly demand longer shelf life, improved product protection, and sustainable packaging solutions. The use of transparent barrier packaging films not only ensures product freshness but also enhances brand image and meets regulatory requirements.
The market report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The food segment is estimated to witness significant growth during the forecast period. The market is poised for significant growth, particularly in the food and beverage industries. This trend is driven by the increasing demand for sustainable and eco-friendly packaging solutions, as consumers become more conscious of the environmental impact of disposable incomes. Transparent barrier packaging films made from biodegradable and recyclable materials, such as polyethylene, polyamide, polypropylene, and polyvinylidene chloride, are gaining popularity. Regulatory requirements, especially in the food and drug administration sectors, are also pushing for the adoption of these materials. Transparent barrier packaging films are widely used for packaging various food items, including beverages, baby food, biscuits, dairy products, and chocolate.
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The food segment accounted for USD 7.83 billion in 2018. These films offer superior puncture resistance, tensile strength, humidity resistance, heat resistance, and gas resistance, ensuring the freshness and safety of the packaged products. The organic and natural foods market, which is witnessing demand due to health and sustainability concerns, is also a significant contributor to the market. E-commerce and the chemicals and materials industry are other key end-users. Ethylene vinyl alcohol and other advanced materials are being explored for their potential in this market. Historical data indicates a steady growth trajectory for the market, with the market size expected to expand at a steady pace during the forecast period.
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APAC is estimated to contribute 48% to the growth of the global market during the market forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market caters to the food and beverage industries, prioritizing sustainable and eco-friendly materials such as biodegradable and recyclable options. Brands increasingly focus on these materials to enhance their image, aligning with consumer preferences for health, sustainability, and organic or natural products. Regulatory requirements and disposable incomes further fuel market growth. Historical data reveals significant demand for films like Polyethylene, Polyamide, Polypropylene, and Polyvinylidene chloride in packaging beverages, drugs, and processed food items. Aluminum foil, with its excellent heat resistance and gas resistance, remains a popular choice for baby food, biscuits, dairy products, and chocolate. However, chemicals like ethylene vinyl alcohol and polyethylene are gaining traction due to their puncture resistance, tensile strength, and humidity resistance. The materials industry responds to these trends by innovating new transparent barrier films that extend shelf life and reduce the need for artificial preservatives. E-commerce growth also contributes to the market's expansion, as consumers increasingly opt for online shopping and demand convenient, protective packaging.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The high demand for transparent barrier packaging film in food industry is notably driving market growth. Transparent barrier packaging films have gained significant traction in the industry landscape due to their ability to extend the shelf-life of food and beverage products while maintaining their visual appeal. End-users, particularly in the healthcare and consumer goods sectors, prioritize the use of these films for preserving the integrity and freshness of their offerings. The market for transparent barrier packaging films is driven by the unique properties of the materials used, such as resistance to heat, humidity, gas, and aroma barrier. These films also exhibit high tensile strength, durability, and chemical properties, making them an ideal choice for manufacturers.
Additionally, their lightweight nature significantly reduces the overall weight of the packaging. Competition analysis and regulatory compliance are crucial aspects of the market. Organic growth strategies, such as product innovation and improving the sustainability of packaging, are prevalent. Inorganic growth strategies, such as mergers and acquisitions, are also employed by key players to expand their market presence. Statistical expertise and market research firms provide valuable insights into market trends and future growth prospects. Thus, such factors are driving the growth of the market during the forecast period.
The increased demand for high-performance, specialty barrier films is the key trend in the market. The market has experienced significant growth due to the increasing demand from end-user industries such as healthcare and consumer goods. These films offer superior barrier properties, stiffness, and tensile strength, making them ideal for various applications. Moreover, specialty packaging films like BOPA and CPP are gaining traction due to their unique features. Key raw materials for these films include EVOH, PVDC, and polyamide.
Further, regulations play a crucial role in the market, with stringent guidelines set by various authorities to ensure food safety and product integrity. Competition analysis reveals the presence of numerous players, leading to organic growth strategies such as product innovation and improved production techniques. Inorganic growth strategies like mergers and acquisitions and collaborations are also prevalent. Statistical expertise and technological advancements are essential for companies to maintain a competitive edge in the market. Thus, such trends will shape the growth of the market during the forecast period.
The growing use of substitute products is the major challenge that affects the growth of the market. Transparent barrier packaging film is a crucial component in various end-user industries, including healthcare and consumer goods. However, the industry landscape is witnessing a shift towards more sustainable alternatives due to growing environmental concerns. Biodegradable packaging materials, such as aluminum foil, paper, edible packaging, and edible blobs, are increasingly being adopted as substitutes. This trend is particularly noticeable in the food industry, where some manufacturers are focusing on launching new products in paper packaging. Technological advancements and the development of new features in packaging films continue to drive demand.
However, the extensive use of plastic transparent barrier packaging film poses sustainability challenges. In the US alone, the food packaging industry is a significant contributor to the waste stream, with a substantial portion consisting of non-degradable materials, including transparent film packaging. Competition analysis reveals that key players in the market are employing both organic and inorganic growth strategies to expand their market presence. Organic growth strategies include product innovation and expansion of production capacity, while inorganic growth strategies involve mergers and acquisitions. Regulations regarding plastic waste disposal and the increasing awareness of the environmental impact of packaging are also influencing market dynamics. With the need for more sustainable packaging solutions, statistical expertise will be crucial in understanding market trends and forecasting future demand. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
3M Co. - The company offers transparent barrier packaging films such as Scotchpak 9733 backing polyester film laminate.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Market in the food and beverage industries is witnessing significant growth due to increasing consumer preferences for sustainable and eco-friendly materials. This market caters to various sectors, including beverages, processed food items, baby food, biscuits, dairy products, chocolate, and organic foods. Key drivers for this market include brand image, regulatory requirements, disposable incomes, and historical data. The use of biodegradable and recyclable materials is gaining popularity, as consumers are more conscious of the environmental impact of packaging. Polyethylene, Polyamide, Polypropylene, and Polyvinylidene chloride are commonly used materials in this industry. Transparent barrier films made from these materials offer advantages like puncture resistance, tensile strength, humidity resistance, heat resistance, and gas resistance, ensuring a longer shelf life for food products. The chemicals and materials industry also plays a crucial role in the production of these films. Ethylene vinyl alcohol and other advanced materials are being used to create films with superior properties. Regulatory bodies like the Food and Drug Administration (FDA) and the European Commission have set guidelines for food contact materials, ensuring safety and quality. The e-commerce sector is another significant contributor to the growth of this market, as online sales of food and beverage products continue to increase. Organic and natural products, including health and wellness foods, are also driving demand for transparent barrier packaging films. In conclusion, the Market in the food and beverage industries is expected to continue growing due to increasing consumer awareness, regulatory requirements, and technological advancements.
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Market Scope |
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Report Coverage |
Details |
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Page number |
155 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.06% |
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Market growth 2024-2028 |
USD 7.71 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.85 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 48% |
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Key countries |
US, China, UK, India, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3M Co., Amcor Plc, Ampac Packaging, Berry Global Inc., CCL Industries Inc., Celplast Metallized Products Ltd, Cosmo First Ltd., DUO PLAST AG, DuPont de Nemours Inc., Jindal Poly Films Ltd., Mitsubishi Chemical Group Corp., Mondi Plc, Riddhi Siddhi Plastic, Sumilon Polyester Ltd., Taghleef Industries SpA, Toppan Inc., UFlex Ltd., and Winpak Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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