Barrier Coated Flexible Paper Packaging Market Segmentation:
Coating Segment Analysis
The global barrier coated flexible paper packaging market is segmented and analyzed for demand and supply by coating into water-based, solvent-based, wax, and extrusion coating. Out of these segments, the water based coatings segment is anticipated to garner the largest market share during the forecast period. Barrier coatings are used to prevent any type of interior and exterior effects caused to the packaging. The barrier coatings with a water base increase the protection and seal the surface stronger. This protects the ingredients or products in the packaging from oil, fat, alcohol, and water vapor. According to the estimations, water based coatings reached a revenue of USD 70 billion in 2021 across the world. Additionally, the water based coatings are eco-friendly which increases the demand from people who are concerned about the damage caused to the environment.
End-user Segment Analysis
The global barrier coated flexible paper packaging market is also segmented and analyzed for demand and supply by end-user industry into food & beverage, building & construction, cosmetics, pharmaceuticals, and others, out of which, the food & beverage segment is projected to witness noteworthy growth over the forecast period. The significant demand for barrier coated flexible paper packaging in the food and beverage sector can be attributed to the segment's expansion. Further, as per the estimations for 2022, the food segment is projected to reach over USD 170 billion across the globe. The food and beverages are bought by many consumers across the world. So, it is very important to maintain hygiene and allergic reactions caused by them. Perfect packaging is a necessary thing to prevent spoilage, food poisoning, and damage to the food inside the packets. It also helps to retain the shelf life and quality of the food. This type of packaging makes it comfortable to carry the food everywhere without the fear of spillage.
Our in-depth analysis of the global market includes the following segments:
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By Coating |
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By Application |
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By End-User Industry |
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