The global barrier films market size reached US$ 31.18 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 43.91 Billion by 2027, exhibiting a growth rate (CAGR) of 5.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Barrier films refer to films made up of flexible substrates that extend the life of products and reduce the need for preservatives while adding an aesthetic appeal to the product. These films encapsulate organic, flexible, and printed electronics without affecting their flexibility, functionality, printability, or performance. They offer lightweight, robust, and versatile coverage that prevents external elements from entering or exiting a product’s packaging, therefore avoiding degradation caused by oxygen, moisture, and other environmental factors. When compared to conventional films, such as resealable zippers and sliders, they offer faster machining speed, increased heat tolerance, extended shelf life, thereby making this an ideal choice for packaging. In addition to this, these films can also serve as printing substrates.

Barrier Films Market Trends:
The market is majorly driven by the escalating demand for convenient packaging in a wide range of end-use industries, such as food and beverage (F&B), pharmaceuticals and fast-moving consumer goods (FMCG). This can be attributed to the flourishing logistics services on the global level, majorly due to considerable growth in the e-commerce sector. In addition to this, the augmenting adoption of lightweight, easy to transport, and customer-friendly packaging, along with continual package downsizing, is providing an impetus to the market. Moreover, the expanding number of retail chains across the globe is also acting as a significant growth-inducing factor for the market. Furthermore, the numerous initiatives undertaken for producing renewable and biodegradable cellulose-based barrier films for the purpose of reducing the environmental impact by the market players are expected to create profitable opportunities in the market. Some of the other factors creating a positive outlook for the market include rapid urbanization and industrialization, growing government investments focusing on sustainable development, the adoption of innovative packaging strategies and extensive research and development (R&D) activities conducted by key players.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global barrier films market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, material and end use.

Breakup by Type:

Metalized Barrier Films
Transparent Barrier Films
White Barrier Film

Breakup by Material:

Polyethylene Teraphthalate (PET)
Polyethylene (PE)
Polypropylene (PP)
Polyamides (PA)
Ethylene Vinyl Alcohol (EVOH)
Linear Low-Density Polyethylene (LLDPE)
Others

Breakup by End Use:

Food and Beverage Packaging
Pharmaceutical Packaging
Agriculture
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amcor plc, Berry Global Inc., Cosmo Films Ltd., Dupont Teijin Films, Flair Flexible Packaging Corporation, HPM Global Inc, Jindal Poly Films Ltd., Mondi plc, Sealed Air Corporation and Toppan Inc.

Key questions answered in this report:
How has the global barrier films market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global barrier films market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the material?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global barrier films market and who are the key players?
What is the degree of competition in the industry?