Barrier Films Market by Material (PE, PET, PP, PP, Organic Coatings, Inorganic Oxide Coatings), End-Use Industry (Food & Beverage Packaging, Pharmaceutical Packaging, Agriculture), and Region (North America, APAC, Europe) - Global Forecast to 2022
[130 Pages Report] barrier films market was valued at USD 24.49 billion in 2016 and is projected to reach USD 32.63 billion by 2022, at a CAGR of 5.0% from 2017 to 2022. In this study, 2016 has been considered as the base year and the forecast period has been considered from 2017 to 2022.
Objectives of the Study
- To analyze and forecast the barrier films market both, in terms of value
- To define, describe, and segment the barrier films market based on material and end-use industry
- To forecast the size of each market segment for various regions, such as APAC, North America, Europe, Middle East & Africa, and South America
- To provide detailed information regarding key factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the barrier films market
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the overall market
- To identify and analyze opportunities for stakeholders in the barrier films market
- To analyze competitive developments, such as expansions, mergers & acquisitions, contracts, agreements, and new product developments/launches in the barrier films market
- To strategically profile key players and comprehensively analyze their core competencies
Research Methodology
This study aims to estimate the market size for barrier films in 2017 and forecast the market size till 2022. It offers qualitative and quantitative analysis of the barrier films market. Various secondary sources, including the Flexible Packaging Association (FPA), Foodservice Packaging Association, and Retail Packaging Association (RPA) have been used to identify and collect information useful for an extensive and commercial study of the barrier films market. Primary sources, such as experts from related industries and suppliers, have been interviewed to obtain and verify critical information, as well as to assess growth prospects of the barrier films market.
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Market Ecosystem
Key manufacturers of barrier films include Amcor (Australia), Sealed Air (US), Bemis (US), Toppan Printing (Russia), Cosmo Films (India), Jindal Poly Films (India), and Berry Global (US). These manufacturers focus on improving their product portfolios and increasing their regional presence by adopting strategies, such as new product developments, mergers & acquisitions, expansions, and partnerships.
Key Target Audience
- Manufacturers of Barrier Films
- Traders, Distributors, and Suppliers of Barrier Films
- Regional Manufacturers' Associations for Barrier Films
- Government & Regional Agencies and Research Organizations
Scope of the Report
The barrier films market has been classified into the following segments:
Based on Material:
- PE
- PET
- PP
- PA
- Organic Coatings
- Inorganic Oxide Coatings
- Others
Based onEnd-Use Industry
- Food & Beverage Packaging
- Pharmaceutical Packaging
- Agriculture
- Others
Based on Region
- APAC
- North America
- Europe
- Middle East & Africa
- South America
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to a companys specific needs. The following customization options are available for the report:Product Analysis
- Product Matrix that offers a detailed comparison of product portfolio of each company
Regional Analysis
- Further breakdown of a region with respect to a particular country
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
The barrier films market is projected to reach USD 32.63 billion by 2022, at a CAGR of 5.0% between 2017 and 2022. Barrier films are plastic films used for the protection of various products by acting as a barrier against vapor, moisture, and gas. These films are produced from materials, such as PE, PP, PA, PET, organic coatings, and inorganic oxide coatings. The growth of the barrier films market is primarily driven by the increasing demand for barrier films in various end-use industries, such as food & beverage packaging, pharmaceutical packaging, and agriculture.
The barrier films market has been segmented on the basis of end-use industry, material, and region. Based on end-use industry, the barrier films market has been segmented into food & beverage packaging, pharmaceutical packaging, agriculture, and others. The food & beverage packaging segment is the largest end-use industry segment of the barrier films market. The agriculture end-use industry of the barrier films market is projected to grow at the highest CAGR during the forecast period both, in terms of value. This growth can be attributed to the increasing use of mulch films and silage films in farming, as these films help preserve crop quality and increase crop production.
Asia Pacific, North America, and Europe are considered to be key regional markets for barrier films. The barrier films market in the Asia Pacific region is projected to grow at the highest CAGR between 2017 and 2022 both, in terms of value.
Based on material, the barrier films market has been segmented into PE, PP, PA, PET, organic coatings, inorganic oxide coatings, and others. The PE is the largest material segment of the barrier films market both, in terms of value. PE is considered to be a preferred material used in the development of barrier films, owing to its excellent moisture barrier properties. Products that need barrier resistance against moisture are developed with high-density PE. The inorganic oxide coatings segment is projected to grow at the highest CAGR during the forecast period both, in terms of value. This growth can be attributed to the increasing use of inorganic oxide coatings to develop barrier films.
Volatile prices of raw materials are acting as a restraint to the growth of the barrier films market. Multilayer films encompass superior properties as compared to monolayer films. However, recyclability of multilayer films serves to be a major challenge to the growth of the barrier films market.
Amcor (Australia), Sealed Air (US), Bemis (US), Toppan Printing (Russia), Cosmo Films (India), Jindal Poly Films (India), and Berry Global (US) are leading companies operating in the barrier films market. These companies are expected to account for a significant share of the barrier films market in the near future.
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.3.1 Assumptions
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 27)
4.1 Attractive Opportunities in the Barrier Films Market
4.2 Barrier Films Market, By Region
4.3 APAC Market of Barrier Films
4.4 Market of Barrier Films, By Material
4.5 Market Growth of Barrier Films
5 Market Overview (Page No. - 30)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for Longer Shelf Life of Food Products
5.2.1.2 Increasing Demand for Customer-Friendly Packaging
5.2.1.3 Increasing Number of Retail Chains in Developing Countries
5.2.1.4 Downsizing of Packaging
5.2.2 Restraints
5.2.2.1 Susceptibility to Degradation
5.2.2.2 Volatile Raw Material Prices
5.2.3 Opportunities
5.2.3.1 Biodegradable Barrier Films
5.2.3.2 Increasing Usage of Agriculture Films
5.2.3.3 Increasing Application of Barrier Films in Electronics Industry
5.2.4 Challenges
5.2.4.1 Challenges in Recycling of Multilayer Films
5.3 Porters Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Forecast of GDP
5.4.2 Trends in Plastic Packaging and Processing
6 Barrier Films Market, By Material (Page No. - 38)
6.1 Introduction
6.2 PE
6.3 PP
6.4 PET/BOPET
6.5 Polyamide
6.6 Organic Coatings
6.7 Inorganic Oxide Coatings
6.8 Others
7 Barrier Films Market, By End-Use Industry (Page No. - 46)
7.1 Introduction
7.2 Food & Beverage Packaging
7.3 Pharmaceutical Packaging
7.4 Agriculture
7.5 Others
8 Barrier Films Market, By Region (Page No. - 51)
8.1 Introduction
8.2 APAC
8.2.1 China
8.2.2 India
8.2.3 Japan
8.2.4 South Korea
8.2.5 Indonesia
8.2.6 Rest of APAC
8.3 North America
8.3.1 US
8.3.2 Mexico
8.3.3 Canada
8.4 Europe
8.4.1 Germany
8.4.2 France
8.4.3 UK
8.4.4 Italy
8.4.5 Russia
8.4.6 Turkey
8.4.7 Rest of Europe
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Rest of South America
8.6 Middle East & Africa
8.6.1 UAE
8.6.2 Saudi Arabia
8.6.3 South Africa
8.6.4 Rest of Middle East & Africa
9 Competitive Landscape (Page No. - 78)
9.1 Introduction
9.2 Market Ranking of Key Players
9.3 Competitive Scenario
9.3.1 New Product Launches/Developments
9.3.2 Expansions/Joint Ventures/Agreements
9.3.3 Mergers & Acquisitions
10 Company Profiles (Page No. - 85)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
10.1 Berry Global, Inc.
10.2 Amcor Limited
10.3 Sealed Air
10.4 Raven Industries, Inc.
10.5 Bemis Company, Inc.
10.6 Toppan Printing Co., Ltd.
10.7 Cosmo Films Ltd.
10.8 Jindal Poly Films Ltd.
10.9 Dupont Teijin Films
10.10 Uflex Ltd.
10.11 Sumitomo Chemical Co., Ltd.
10.12 Mitsubishi Chemical Holdings Corporation
10.13 Honeywell International Inc.
10.14 3M
10.15 Other Key Players
10.15.1 Fraunhofer-Gesellschaft
10.15.2 Vitriflex, Inc.
10.15.3 Glenroy, Inc.
10.15.4 Mondi
10.15.5 Winpak Ltd.
10.15.6 Clondalkin Group
10.15.7 Plastissimo Film Co., Ltd.
10.15.8 Daibochi Plastic and Packaging Industry Bhd.
10.15.9 Proampac
10.15.10 Huhtamaki Group
10.15.11 Linpac Senior Holdings Limited
10.15.12 Klφckner Pentaplast
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
11 Appendix (Page No. - 123)
11.1 Insights From Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports
11.7 Authors Details
List of Tables (57 Tables)
Table 1 Forecast of GDP, 20162022 (USD Billion)
Table 2 Annual Growth of Plastic Consumption, By Region
Table 3 Market Size, By Material, 20152022 (USD Million)
Table 4 Pe Market Size, By Region, 2015-2022 (USD Million)
Table 5 Pp Market Size, By Region, 2015-2022 (USD Million)
Table 6 Pet/Bopet Market Size, By Region, 2015-2022 (USD Million)
Table 7 Polyamide Market Size, By Region, 2015-2022 (USD Million)
Table 8 Organic Coatings Market Size, By Region, 2015-2022 (USD Million)
Table 9 Inorganic Oxide Coatings Market Size, By Region, 2015-2022 (USD Million)
Table 10 Other Market Size, By Region, 2015-2022 (USD Million)
Table 11 Market Size, By End-Use Industry, 20152022 (USD Million)
Table 12 Barrier Films Market in Food & Beverage Packaging, By Region, 20152022 (USD Million)
Table 13 Barrier Films Market in Pharmaceutcal Packaging, By Region, 20152022 (USD Million)
Table 14 Barrier Films Market in Agriculture, By Region, 20152022 (USD Million)
Table 15 Barrier Films Market in Other End-Use Industries, By Region, 20152022 (USD Million)
Table 16 Market Size, By Region, 20152022 (USD Million)
Table 17 APAC: Market Size, By Country, 20152022 (USD Million)
Table 18 APAC: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 19 APAC: Market Size, By Material, 20152022 (USD Million)
Table 20 China: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 21 India: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 22 Japan: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 23 South Korea: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 24 Indonesia: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 25 Rest of APAC: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 26 North America: Market Size, By Country, 20152022 (USD Million)
Table 27 North America: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 28 North America: Market Size, By Material, 20152022 (USD Million)
Table 29 US: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 30 Mexico: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 31 Canada: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 32 Europe: Market Size, By Country, 20152022 (USD Million)
Table 33 Europe: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 34 Europe: Market Size, By Material, 20152022 (USD Million)
Table 35 Germany: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 36 France: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 37 UK: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 38 Italy: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 39 Russia: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 40 Turkey: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 41 Rest of Europe: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 42 South America: Market Size, By Country, 20152022 (USD Million)
Table 43 South America: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 44 South America: Market Size, By Material, 20152022 (USD Million)
Table 45 Brazil: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 46 Argentina: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 47 Rest of South America: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 48 Middle East & Africa: Market Size, By Country, 20152022 (USD Million)
Table 49 Middle East & Africa: Barrier Films Market, By End-Use Industry 20152022 (USD Million)
Table 50 Middle East & Africa: Barrier Films Market, By Film Type, 20152022 (USD Million)
Table 51 UAE: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 52 Saudi Arabia: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 53 South Africa: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 54 Rest of Middle East & Africa: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 55 New Product Launches/Developments, 20142017
Table 56 Expansions/Joint Ventures/ Agreements, 20142017
Table 57 Mergers & Acquisitions, 20142017
List of Figures (36 Figures)
Figure 1 Market Segmentation
Figure 2 Barrier Films Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Barrier Films Market: Data Triangulation
Figure 6 Pe to Lead Overall Market of Barrier Films During Forecast Period
Figure 7 Food & Beverage Packaging End-Use Industry to Lead the Market of Barrier Films During Forecast Period
Figure 8 India to Be Fastest-Growing Market in Barrier Films During Forecast Period
Figure 9 APAC Lead Barrier Films Market in 2016
Figure 10 Growing Demand From Food & Beverage Packaging Sector to Drive Barrier Films Market Between 2017 and 2022
Figure 11 APAC to Be Fastest-Growing Market for Barrier Films During Forecast Period
Figure 12 China Accounted for Largest Market Share of Barrier Films in 2016
Figure 13 Pe Segment to Be Largest Segment of Barrier Films Market in 2017
Figure 14 APAC and North America Markets to Witness Significant Growth Between 2017 and 2022
Figure 15 Market Dynamics of Barrier Films
Figure 16 Barriers Films Market: Porter's Five Forces Analysis
Figure 17 Pe Films to Dominate the Market of Barrier Films, 20172022
Figure 18 Food & Beverage Packaging to Be the Dominant End-Use Industry of Barrier Films Between 2017 and 2022
Figure 19 Regional Snapshot: India Expected to Be Fastest-Growing Market of Barrier Films, 20172022
Figure 20 APAC Market Snapshot: Food & Beverage Packaging to Be Largest End User of Barrier Films
Figure 21 North America Market Snapshot: Food & Beverage Packaging to Be Largest Consumer of Barrier Films
Figure 22 Companies Mainly Adopted Inorganic Growth Strategies, 20142017
Figure 23 Market Ranking of Key Players, 2016
Figure 24 Berry Global, Inc.: Company Snapshot
Figure 25 Amcor Limited: Company Snapshot
Figure 26 Sealed Air: Company Snapshot
Figure 27 Raven Industries, Inc.: Company Snapshot
Figure 28 Bemis Company, Inc.: Company Snapshot
Figure 29 Toppan Printing Co., Ltd.: Company Snapshot
Figure 30 Cosmo Films Ltd.: Company Snapshot
Figure 31 Jindal Poly Films Limited: Company Snapshot
Figure 32 Uflex Ltd.: Company Snapshot
Figure 33 Sumitomo Chemical Co., Ltd.: Company Snapshot
Figure 34 Mitsubishi Chemical Holdings Corporation: Company Snapshot
Figure 35 Honeywell International Inc.: Company Snapshot
Figure 36 3M: Company Snapshot
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