High Barrier Films Market for Food Packaging is segmented by Material Type (PE, BOPP & BOPET, CPP, EVOH, Nylon), Technology, Application (Meat and Fish, Dairy, Snacks, Confectionery, Bakery Products, Pet Food), End User, and Geography
High Barrier Films are used in several product packaging including pouches, bags, blister packaging, forming webs and lidding. These films are flexible enough to prevents water, air, light and other substances from entering or leaking out a product’s packaging.
The High Barrier Films Market for food packaging is projected to reach USD 30.8 billion at a 5.9% CAGR by 2031.
Market Growth Attributes
The continuing growth of this market can be attributed to the increase inclination in case-ready packaging products, increasing demand for high barrier packaging films to have longer shelf-life products, consumer awareness on food wastage, and high demands from the meat industry. Increasing demand for biodegradable high barrier packaging films opens up opportunities for manufacturers to divulge on this market.
Consumers favor products with longer shelf life like processed, canned, and frozen foods and many of them do away with fresh foods and favor stockpiling these products.
Impact of COVID-19
The packaging industry has been adversely affected by COVID-19 along with other industries. The pandemic has disrupted the supply chains regarding distributing and manufacturing raw materials needed for in this market. With the limited operation caused by restrictions and safety protocols, operations dropped considerably since manufacturing are affected with respect to workforce, facility operations and supply or raw materials. Regional areas whose investments are of high value have also halted their operations to comply with government restriction. The beverage and food industry experienced a set back due to fluctuations in the economic conditions and limit productions with respect to this market.
Key Findings in the Market of Global High Barrier Films
In terms of material type, global high barrier films market for food packaging is further segmented into PE, BOPP and BOPET, CPP, EVOH, nylon, and other materials. Polyethylene (PE) segment is projected to have the largest share in the market. Positively, this segment is reported to have a fast growth during the forecast period of 2022-2031. this growth is mainly attributed to the increasing need of replacing glass and metal with polyethylene films as well as the spike in demand for a clean, safe, and durable food packaging materials that will meet consumers’ environmental concerns.
Plasma Enhanced Chemical Vapor Deposition (PECVD) segment is expected to grow at the highest CAGR. This is due to low operation temperature, cracking the deposited layer will have lower chances, better quality dielectric properties of the deposited layer, better step coverage, little dependency on temperature and increasing demand for packaged goods.
In terms of application, the market is further segmented into meat and fish, dairy, snacks, beverages, dehydrated foods & cereals, bakery products, confectionery, pet food, and other applications. Meat and fish segment is projected to dominate the market in 2022 due to the high and continuing increase of processed meat products, global consumption of fish is higher, and preference for protein-rich food.
With respect to end user segment, it is classified into, processed food manufacturers and suppliers, packaging service providers, and other end users. The processed food manufacturers and suppliers segment is projected to have the largest share accounted for in 2022 and is expected to reach a rapid growth. The high demand is due to the growing need for processed food products and the rise of food processing facilities.
Regional Market Analysis
Over all, Asia Pacific is estimated to account for the largest share in the market in 2022. The region’s large share is mainly caused by the increase demand for processed food products, development in the beverage and food industry, growing health awareness of consumers, increasing disposable income levels, cold chain systems promotion, pet food supplies and demand, and support from the government.
Share and Competition of Market Key Players
The prominent key players in the market for food packaging who contribute to the growth are, Amcor plc (Switzerland), Mondi plc (U.K.), Huhtamaki Group (Finland), Sealed Air Corporation (U.S.), Jindal Poly Films Limited (India), Toppan Printing Co., Ltd. (Japan), Kureha Corporation (Japan), HPM Global, Inc. (South Korea), Flair Flexible Packaging Corporation (U.S.), Constantia Flexibles Group GmbH (Austria), MULTIVAC (Germany), DuPont Teijin Films (U.S.), Wihuri Group (Finland), BERNHARDT Packaging & Process (France), Borealis AG (Austria), and Uflex Limited (India)
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Material Type Analysis (Revenue, USD Million, 2022 - 2031)
• BOPP and BOPET
• Other Material Types
Technology Analysis (Revenue, USD Million, 2022 - 2031)
• Plasma Enhanced Chemical Vapor Deposition (PECVD)
• Other Technologies
Application Analysis (Revenue, USD Million, 2022 - 2031)
• Meat and Fish
• Dehydrated Foods & Cereals
• Bakery Products
• Pet food
• Other Food Products
End User Analysis (Revenue, USD Million, 2022 - 2031)
• Processed Food Manufacturers and Suppliers
• Packaging Service Providers
• Other End Users
Region Analysis (Revenue, USD Million, 2020 – 2031)
• United States
• United Kingdom
• South Korea
• Saudi Arabia
• Rest of World
• United States High Barrier Films Industry Research Report
• Europe High Barrier Films Industry Research Report
• Asia Pacific High Barrier Films Industry Research Report
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