Barrier Films Market to Create Lucrative Opportunities for Emerging Players| MarketsandMarkets™

Posted by Jack Martin on March 20th, 2023

Barrier films are a type of packaging material that provides a barrier against moisture, oxygen, light and other external influences. They are used to extend the shelf life of food, pharmaceutical and consumer products and to protect them against spoilage and contamination. Barrier films are also used in the medical, automotive and construction industries. The demand for barrier films has grown significantly in recent years due to their ability to extend the shelf life of products and their cost-effectiveness. They are also in high demand due to their sustainability, as they can be recycled and reused.

The global barrier films market size is estimated at USD 3.1 billion in 2020 and is projected to reach USD 4.1 billion by 2025, at a CAGR of 5.3%, between 2020 and 2025. Barrier films are single-layered or multi-layered films, which are manufactured from polymeric materials such as PE (polyethylene), PP (polypropylene), PVC (polyvinyl chloride), PET (polyethylene terephthalate), BOPET (biaxially-oriented polyethylene terephthalate), PS (polystyrene), EVOH (ethylene vinyl alcohol), inorganic oxides, aluminum, and polyamide. These films are specifically used for the packaging of food materials to ensure longer shelf life of products. These are also used in agriculture, aerospace, pharmaceutical, automotive and electronics industries. These films provide barrier against gas, aroma, vapor, and moisture. 

The key players in the barrier films market are Berry Global Inc. (US), Amcor Plc (Australia), Sealed Air (US), Raven Industries (US), Toppan Prnting Co., Ltd. (Japan), Cosmo Films Ltd. (India), Jindal Poly Films Ltd. (India), Dupont Teijin Films (US), Uflex Ltd. (India), and Sumitomo Chemical Co., Ltd. (Japan). The barrier films market report analyzes the key growth strategies adopted by the leading market players, between 2014 and 2020, which include expansions, merger & acquisition, new product developments, and collaborations. 

Berry Global, Inc. (US) is one of the major providers of engineered materials, nonwoven specialty materials, and plastic consumer packaging. The company is focused on providing high-quality custom-made solutions. In April 2017, Berry Plastics Group, Inc. changed its name to Berry Global, Inc. It serves barrier films through its consumer packaging international and consumer packaging North America segments. The company offers barrier films made from EVOH, HDPE, LLDPE, or PP. The company’s engineered materials division recently expanded with the acquisition of AEP Industries Inc. (US), a key player in flexible plastics packaging with an enriched portfolio of agricultural films and custom films in North America. Berry Global Group has a strong global presence, with more than 130 facilities. 

Amcor Plc (Australia) was formerly known as Australian Paper Manufacturers (APM). The company is a global packaging manufacturer that offers innovative and flexible packaging solutions. It offers plastic packaging film, metal, and glass packaging for several industries, such as food & beverage, medical, household, industrial goods, pharmaceutical, and tobacco. The company operates through two business segments, flexibles and rigid packaging. It offers barrier films through its flexibles business segment.