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Barrier Material Market Trends

Report ID: GMI7072
Published Date: Oct 2023
Report Format: PDF

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Barrier Material Market Trends

Sustainable packaging solutions have led to increased environmental concerns and triggered significant trends in the barrier material industry. New developments arise with time as a result of increased consumer need for longer storage periods and better food protection. Barrier properties in nanotechnology and advanced coatings are transforming into revolutionary eco-efficient packaging solutions. Moreover, an emerging trend towards use of recyclable as well as biodegradable materials has also impacted on the market. COVID-19 pandemic has accentuated these trends, stressing hygiene and safety, leading to an increase for high barrier materials in packaging mainly food, pharmaceuticals, and health care industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for barrier material was USD 3.2 billion in 2022 and may reach USD 5.6 billion by the end of 2032 due to the increased demand for innovative packaging solutions with improved barrier characteristics in food and medicine sectors.

Barrier material industry size from the polyvinylidene chloride (PVDC) type segment reached USD 1.4 billion in 2022 owing to growing shift to greener materials and alternative recycling options due to environmental pressure.

U.S. industry size for barrier material was USD 0.8 billion in 2022 and is anticipated to expand at significant pace from 2023-2032 owing to the rising demand in eco-friendly packaging products.

Some of the major barrier material providers are Dow Chemical Company, DuPont, 3M Company, Honeywell International Inc., Berry Global Group Inc., and Sealed Air Corporation.