High Barrier Packaging Films Market Share

  • Report ID: 6451
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

High Barrier Packaging Films Market Share

North America Market Analysis

The high barrier packaging films market in North America is projected to experience significant growth owing to rising demand for extended shelf-life for products like food and other consumer goods. Growing e-commerce and changing preferences for convenient foods are encouraging manufacturers in the region to develop superior-quality packaging films. For instance, in October 2022, Toppan added their series of GL BARRIER1 brand products to meet the growing demand for mono-material solutions, particularly in North America.

Rising engagement in online shopping and home delivery services are two of major the driving factors for the high barrier packaging films market in the U.S. It is further fueled by the demand for snacks, and ready-to-eat meals owing to the busy lifestyle of the citizens. According to the U.S. Department of Agriculture, in April 2024, agriculture, food, and related industries contributed 5.6% to U.S. gross domestic product in 2023. This signifies that owing to the high demand for food-related products and services, the U.S. market will witness notable growth in North America.

Canada's government is focusing on reducing plastic waste and encouraging the use of recyclable and compostable materials. This is expected to accelerate biodegradable high-barrier packaging film developments in the country. Additionally, the country is witnessing a rising demand for frozen food, mainly in the dairy and meat sectors, which is further boosted by the e-commerce sector expansion. Consumers in the country also prefer fresh and locally sourced products with effective packing. Factors like these suggest a rise in the high barrier packaging films market in Canada with a considerable share.

APAC Market Statistics

APAC is expected to register a healthy CAGR, driven by ongoing urbanization, increasing disposable income, and the rise of e-commerce, leading to innovations in packaging technologies. Driven by the massive consumer base, China and India are the largest contributors to the growth of the region. Companies in the region are likely to focus on sustainable solutions to align with global environmental standards.

Advancements in material science have unlocked ways for the development of more efficient and sustainable packaging solutions in India. This includes the development of biodegradable and recyclable high-barrier films. Companies are also shifting their focus to sustainable films to gain a bigger consumer base. For instance, in March 2024, TOPPAN Inc. along with India-based TOPPAN Speciality Films Private Limited (TSF) announced the launch of GL-SP, a barrier film for sustainable packaging. GL-SP uses biaxially oriented polypropylene (BOPP) as the substrate. These films are eco-friendly packaging that caters to strict regulatory requirements that further contribute to the market growth.

The increasing middle-class population in China is driving the demand for packaged food with a longer shelf-life, leading to a higher need for packaging films.  The e-commerce in China is at a boom, in addition to an expansion of the pharmaceutical sector due to the rapidly aging population. These sectors demand high-barrier packaging films to protect their products from environmental damage factors. Furthermore, the Plastic Ban Policy in China, aimed at plastic waste reduction is prompting the industry to develop alternative and sustainable materials.

Research Nester
High Barrier Packaging Films Market size
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Author Credits:  Abhishek Anil


  • Report ID: 6451
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the high barrier packaging films market was estimated USD 19.1 billion.

The market size for the high barrier packaging films market is projected to reach USD 31.3 billion by the end of 2037 expanding at a CAGR of 4.2% during the forecast period i.e., between 2025-2037.

The major players in the market are Amcor Ltd., Bemis Co., Inc., Berry Global Group, Inc., and others.

In terms of applications segment, the food and beverage segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share by the end of 2037 and provide more business opportunities in the future.
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