Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.28 Billion | USD 10.36 Billion | 5.72% | 2023 |
The global barrier packaging market size was worth around USD 6.28 Billion in 2023 and is predicted to grow to around USD 10.36 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.72% between 2024 and 2032.
In order to give the users of this report a comprehensive view of the barrier packaging market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Plastic packaging is among the most familiar forms of packaging. Thus, there is always a concern about its capability to retain the quality of products in their original form. There is a rising need for products that can provide a high protection level to products, particularly for the food and beverage industry. Hence, various barrier packaging options have been commercialized that prevent and preserve perishable products by increasing their shelf-life, such as pharmaceuticals, foods, beverages, etc.
Moreover, lifestyle-related changes among the population, rapidly changing consumer preferences, and availability of advanced technology have decreased the demand for traditional packaging. These factors are expected to drive the global barrier packaging market over the forecast time period. Furthermore, the growing use of ready-to-eat meals and microwave cooking is expected to further drive this market.
Barrier packaging is considered to be ones of the most commonly used forms of packaging to preserve food products. Barrier packaging is mainly used in food and beverages and pharmaceutical sectors to prolong the shelf life of products and maintain their original quality. This is also expected to drive the barrier packaging market growth over the projected time period.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers the product portfolio of various companies.
The study provides a decisive view of the barrier packaging market based on material, type, technology, application, and region.
Based on material, the global barrier packaging market includes polyethylene (PE), polypropylene (PP), polyamide (nylon), ethylene vinyl alcohol (EVOH), transparent high barrier films, and others. Transparent high barrier films are expected to grow significantly in the future, owing to the increasing product demand for various packaged food products.
By type, the market includes bags and pouches, stand-up pouch, tray lidding film, forming webs, wrapping film, and blister pack base webs.
By technology, the market includes polymer nanocomposites, multi-layer film, ORMOCERS, sustainable barrier coatings, melamine-based barrier coatings, and besela barrier film.
By application, this global market includes food industry, healthcare, consumer goods, and others.
Report Attributes | Report Details |
---|---|
Report Name | Barrier Packaging Market |
Market Size in 2023 | USD 6.28 Billion |
Market Forecast in 2032 | USD 10.36 Billion |
Growth Rate | CAGR of 5.72% |
Number of Pages | 110 |
Key Companies Covered | Schur Flexibles Group, Sealed Air, Amcor, Innovia Films, Charter Nex Films, ALPLA-Werke, Celplast Metallized Products, Daibochi Plastic, DuPont, Mondi, RPC Group, Prairie State Group, Berry Plastics, LINPAC Group, and Printpack |
Segments Covered | By material, By type, By technology, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
By region, Europe held a major share of the global barrier packaging market in 2018, due to the presence of major industry players across the region. The Asia Pacific barrier packaging market is expected to show the highest growth rate over the projected timeframe, owing to the rising product awareness levels among the regional consumers regarding its health benefits and the presence of a huge consumer base.
Some major players of the barrier packaging market are
Global Barrier Packaging Market: Material Analysis
Global Barrier Packaging Market: Type Analysis
Global Barrier Packaging Market: Technology Analysis
Global Barrier Packaging Market: Application Analysis
Global Barrier Packaging Market: Regional Analysis
FrequentlyAsked Questions
Barrier packaging is a type of packaging that is intended to create a protective barrier that inhibits the ingress of unwanted elements and the egress of the product's contents. By protecting products from contaminants, oxygen, light, and moisture, it aids in the preservation of their quality, safety, and shelf life.
The demand for effective barrier packaging solutions is driven by the necessity to extend the shelf life and enhance the freshness of perishable products. In order to preserve the efficacy and safety of medications, they must be safeguarded from moisture, oxygen, and light.
The global barrier packaging market size was worth around USD 6.28 Billion in 2023 and is predicted to grow to around USD 10.36 Billion by 2032.
The global barrier packaging market a compound annual growth rate (CAGR) of roughly 5.72% between 2024 and 2032.
The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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