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(USGovernment-News.Com, January 24, 2017 ) High barrier packaging films are used for different packaging applications in the food, healthcare, consumer goods, and other industries. These films are usually made of plastic as it is lightweight, non-corrosive, relatively cheaper than other materials, and can be molded into different shapes. The materials generally used in the manufacture of packaging films are polypropylene, polyamide, polyethylene, polyvinyl chloride, ethylene vinyl alcohol, and polyester. Their inert nature and ability to preserve products for a long period make them a popular choice in the food industry. High barrier materials in packaging laminations help prevent the permeation of water, oil, oxygen, aroma, flavor, and light for the better preservation of food products.
Technavios analysts forecast the global High barrier packaging film market to grow at a CAGR of 5.35% during the period 2016-2020.
Covered : The report covers the present scenario and the growth prospects of the global high barrier packaging film market for 2016-2020. To calculate the market size, Technavio analysts consider the total revenue generated by vendors through the sales of high barrier packaging films to industries such as food, healthcare, and consumer goods.
Segments based on geography: APAC Europe North America ROW
Technavio's report, Global High Barrier Packaging Film Market Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors 3M ALPLA-Werke AMPAC Celplast Metallized Products Charter Nex Films Daibochi Plastic Innovia Films LINPAC Group Mondi Prairie State Group Printpack RPC Group Schur Flexibles Group Taghleef Industries Toray Plastics (America) Wipak
Key driver Need for extended shelf life For a full, detailed list, view our report
Key challenge Environmental concerns with plastic material For a full, detailed list, view our report
Key trend Rise in bio-based polymer films For a full, detailed list, view our report
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