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Barrier Films Market Size

  • Report ID: GMI7330
  • Published Date: Nov 2023
  • Report Format: PDF

Barrier Films Market Size

Barrier Films Market was valued at over USD 28.5 billion in 2022 and is anticipated to grow at a CAGR of around 5.5% between 2023 and 2032. The growing global demand for packaged and processed foods boosts the need for effective barrier packaging solutions. Rising online food delivery platforms and changing consumer preferences have led to a significant increase in takeout & delivery orders from restaurants. According to Nation Statistics, the number of restaurants in Europe reached over 101,785 in 2022 compared to 95,060 in 2021 and the takeaway food shop count in the UK increased to over 43,000 in 2022 compared to 40,000 in 2021. Barrier films are essential for securely packaging orders placed at these establishments, ensuring that the food remains fresh, hot & free from contamination during transit. Barrier films extend the shelf life of prepared foods, allowing restaurants to prepackage meals for delivery or takeout. This capability reduces food wastage and allows restaurants to offer a wider variety of food items for delivery, thereby catering to diverse customer preferences.

 

 

Barrier Films Market

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Barrier films are thin, protective layers used in packaging to prevent the permeation of gases, moisture, light, and contaminants. These specialized films enhance the shelf life and quality of products, such as food, pharmaceuticals & electronics, by creating a barrier against external elements, ensuring product freshness and integrity.
 

The production of high-performance barrier films often involves specialized materials, precise manufacturing processes, and advanced technologies. These factors contribute to elevated production costs, making the final products expensive. In cost-sensitive markets, businesses may opt for alternative packaging solutions to minimize expenses, hindering the wide adoption of barrier films.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for barrier films was valued at over USD 28.5 billion in 2022 and is anticipated to grow at a CAGR of around 5.5% between 2023 and 2032, backed by the growing global demand for packaged and processed foods that need for effective barrier packaging solutions.

The organic coating segment is anticipated to register a CAGR of over 7% through 2032, as they often consist of biodegradable and environmentally friendly materials and are considered safe for food contact applications.

Asia Pacific dominated the global barrier films market with a share of over 35% in 2022 as the food & beverage sector in the region is experiencing significant growth due to changing lifestyles, dietary habits, and a preference for convenience foods.

Berry Global Inc., Amcor PLC, Sealed Air Corporation, Toppan Inc., Cosmo Films Ltd., Jindal Poly Films Ltd., and DuPont Teijin Films.

Barrier Films Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 314
  • Countries covered: 21
  • Pages: 220
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