close
close

Rising demand for high barrier packaging films, driven by global rise in meat consumption and sustainable trends

High barrier packaging films market
High barrier packaging films market

Specialized materials, called high barrier packaging films, are created to provide excellent protection against elements such as moisture, oxygen, light and other external influences that can damage the quality of packaged goods and shorten their shelf life.

The global High Barrier Packaging Films market is poised for significant growth, with an expected value of over $18.5 billion by 2023. This upward trajectory is expected to continue at a moderate compound annual growth rate (CAGR) of 3. 9% over the estimated time frame. from 2023 to 2033. By the end of this period, the market is expected to reach a substantial value of $33.6 billion.

Sales of high-performance polyethylene films are expected to increase in response to rising demand for meat around the world. These specialty films have a number of benefits that meet the unique needs of meat, poultry and fish, making them ideal for use in the packaging of these foods. These films are notable for their remarkable heat resistance, durability and oxygen barrier, all of which help preserve and protect meat products throughout their shelf life. Because of this special blend of qualities, polyethylene films are the best option for packaging meat while still meeting strict industry standards.

Request a sample copy of the report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2138

Growth factors

Transparent and translucent packaging has a major impact on food and beverage products. High barrier packaging films are manufactured using specialized materials that serve as a functional shield, preserving the quality, aroma, taste and texture of food products. These films find extensive application in packaging a wide range of food products including dairy products, fruits and vegetables.

The increasing demand for high barrier packaging films can be attributed to their exceptional oxygen barrier properties, durability, lightweight properties and resistance to heat. These features ensure their popularity, and the demand is expected to skyrocket in the coming period. Another crucial factor contributing to the robust sales in this market is the global rise in meat consumption. This trend underlines the versatile application of high barrier packaging films and their relevance in the food and beverage industry.

For example,

In December 2022, AlphaFlex Corporation, a renowned player in the packaging industry, opened its state-of-the-art flexible packaging facility in China, marking a major milestone in its expansion strategy. The new factory, touted as China’s largest of its kind, underlines AlphaFlex’s commitment to meeting the rising demand for flexible packaging solutions in the Asia-Pacific region.

Similarly, EcoPack Innovations, a leading provider of sustainable packaging solutions, was honored with the prestigious International Sustainability and Carbon Certification (ISCC) award in June 2022 for the exemplary use of recycled materials in its product range. This recognition affirms EcoPack Innovations’ commitment to environmental stewardship and underlines its role as an industry pioneer in sustainable packaging practices.

Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-2138

Main players in the market

  • Amcor Plc
  • Sealed Air Corp
  • Glenroy, Inc.
  • Winpak Ltd.
  • Mondi Plc
  • Toray Plastics (America), Inc.
  • Berry Global, Inc.
  • Schurflexibels GmbH
  • Huhtamaki Oyj
  • Jindal Polyfilms Ltd.
  • Uflex Ltd.
  • Cosmo Films Ltd.
  • Bischof & Klein SE & Co. KG
  • Plastissimo Film Co., Ltd.

Segments Covered:

  • Film type
  • material type
  • Packaging type
  • End User
  • Region

Contact us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Business, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For sales questions:
[email protected]
Website: https://www.futuremarketinsights.com
LinkedIn| Tweet| Blogs | YouTube