The global transparent barrier packaging film market is expected to
register a CAGR of almost 6% during the period 2018-2022,
according to the latest market research report by Technavio.
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Technavio has published a new market research report on the global transparent barrier packaging film market from 2018-2022. (Graphic: Business Wire)
A key factor driving the market’s growth is the high demand for
transparent barrier packaging films (TBPF) by the food industry.
Packaging plays a vital role in the preservation of food and beverages.
Manufacturers of food and beverage products choose packaging materials
that can extend the shelf-life of food. The manufacturers prefer food
packaging solutions with less preservatives. Transparent barrier
packaging films also increase the stability of products.
This market research report on the global
transparent barrier packaging film market 2018-2022 also
provides an analysis of the most important trends expected to impact
the market outlook during the forecast period. Technavio predicts an
emerging trend as a major factor that has the potential to significantly
impact the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
In this report, Technavio highlights the increased demand for
high-performance, specialty barrier films as one of the key emerging
trends in the global transparent barrier packaging film market:
Global transparent barrier packaging film
market: Increased demand for high-performance, specialty barrier films
The increased demand for TBPF by the packaging industry led to the
development of the specialty plastic films. The key raw materials used
for manufacturing transparent plastic films are PE, BOPET, and BOPP.
Specialty packaging films such as BOPA, also known as nylon and cast
polypropylene films (CPP) are also gaining popularity because of their
unique physical and chemical properties.
“Specialty packaging films are primarily known for their excellent
barrier properties, stiffness, and tensile strength. Specialty packaging
films mainly include raw materials such as ethylene vinyl alcohol, PVDC,
and polyamides. In 2016, PVDC packaging film material accounted for more
than 50% share of the global transparent barrier packaging film market
in the food industry,” says a senior analyst at Technavio for
research on packaging.
Global transparent barrier packaging film
market: Segmentation and analysis
This market research report segments the global transparent barrier
packaging film market into the following end-users (food, healthcare,
and consumer goods) and key regions (the Americas, APAC, and EMEA).
The food segment held the largest market share in 2017, accounting for
nearly 58% of the market. This end-user segment is expected to dominate
the global market throughout the forecast period.
APAC held the highest share of the global transparent barrier packaging
film market in 2017, accounting for a market share of more than 35%.
This region is anticipated to post the fastest growth during the period
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Some of the key topics covered in the report include:
Five Forces Analysis
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180620005890/en/