Super Barrier Coated Film Market, witnessing a CAGR of 5.2% in the forecast period 2022-2032

The global super barrier coated film market is expected to witness a CAGR of 5.2% between 2022 and 2032.

Super barrier coated films, as the name suggests, could be referred to as advanced packaging solutions formed by application of barrier coatings to the film structures. The basic purpose is that of reduction of diffusion of gas and water into and from flexible and rigid packages. The properties that work to advantage include acting as barriers to ultra-high moisture and oxygen, better transparency, and enhanced tensile strength.

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The super barrier coated films has, since the last few years, have gained popularity across pharmaceutical and food & beverage verticals. When it comes to sensitive foodstuff and pharmaceuticals, super barrier coated films are the most preferred ones.

These days, having a proper shelf life is of utmost importance; especially as foodstuff and drugs get transported worldwide. Any damage would prove to be detrimental to the demand as well as supply side.

The key manufacturers are innovating on a continuous basis for catering to the demands of extensive packaging applications. They are making use of new materials for creating eco-friendly, advanced, and cost-effective super barrier coated films. Compliance with government regulations would also be fulfilled.

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The factors damaging the probiotics, foodstuff, nutraceuticals, and pharmaceuticals include light, humidity, germs, air, heat, and likewise. On incorporating these super barrier coated films, protection to the quality and composition of products in these categories could be ascertained.

At the same time, the super barrier coated film market could be subject to restraints like higher cost and growing application of alternative packaging films. Plus, the under-developed economies are yet to delve deeper into the advantages offered by super barrier coated films. Awareness campaigns on this count could help.

Future Market Insights has etched these findings with future perspectives in its latest market study entitled ‘Super Barrier Coated Film Market’. It has its line of expertise in the form of analysts and consultants to have a 360-degree across macros and micros.

“The fact that super barrier coated films help in reducing diffusion of water and gas out as well as into flexible and rigid packages would help the super barrier coated film market to grow inadvertently in the upcoming period”, says an analyst from Future Market Insights.

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Key Takeaways from Super Barrier Coated Film Market

• North America holds the largest market share due to the US being home to numerous manufacturers of super barrier coated films. Plus, the fact that packaging and pharmaceutical verticals are flourishing can’t be ignored.
• The Asia-Pacific is expected to grow at a rapid pace in the super barrier coated film market in the forecast period. This could be reasoned with countries like India and China witnessing a remarkable demand for super barrier coated films. The UN’s FAO (Food and Agriculture Organization) has confirmed that China alone witnesses’ loss of nearly 35 Million tons of food every year (during supply chain). This calls for greater demand for super barrier coated films that help in minimizing these losses.
• Europe is expected to grow along the similar lines as that of the US in the super barrier coated film market in the forecast period.

Competitive Films

• Linpac has come up with its new generation of ‘high-barrier PE vacuum skin top films’ for enhancing shelf-appeal and performance of Rfresh Evolve rPET trays.
• Constantia has its ‘EcoLamHighPlus’, which comes across as a mono-PE laminate capable of blocking water vapour and oxygen barrier.

The key players are:

• Mondi Group Plc
• Sealed Air Corporation
• Berry Global Inc.
• Sonoco Products Company
• Linpac Packaging Limited
• Constantia Flexibles Group GmbH
• Others

What does the Report state?

• The research study is based on material type (plastic, PE (polyethylene), PP (polypropylene), PA (polyamide), PVDC (polyvinylidene chloride), PET (polyethylene terephthalate), oxides, aluminum, and likewise), by weight (less than 120 GSM, 150 GSM, 180 GSM, and more than 180 GSM), and by end-use (food, pharmaceuticals, nutraceuticals, probiotics, and others).
• With verticals like nutraceuticals, pharmaceuticals, and food witnessing an increasing demand for super barrier coated films, the global super barrier coated film market is likely to grow on a substantial note in the upcoming period.

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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