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Packaging Barrier Films Market 2021 | Latest Trends, Demand, Growth, Opportunities & Outlook till 2030Apr 15, 2021 (MarketersMedia) — 2020 Analysis and Review: Packaging Barrier Films Market by Barrier Type – Low Barrier, Medium Barrier, High Barrier, and Ultra High Barrier for 2020 – 2030
— The packaging barrier films market is anticipated to surpass a valuation of US$ 13 Bn by the conclusion of the assessment period in 2027. The packaging barrier films market is expected to face a number of challenges owing to the coronavirus pandemic as costs of labor, raw materials, power, and transport has increased. On the other hand, while demand for packaging barrier films has fallen marginally, many countries have designated packaging films as essential items, which has proven useful to sustain operations throughout the crisis period. "Stand-up pouches made from barrier films are rapidly replacing plastic and glass packaging alternatives owing to lower costs and higher convenience levels. Further, packaging barrier films use lesser materials and are lighter than rigid packaging options, thereby boosting adoption and revenues," says the FMI analyst. To Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5000 Packaging Barrier Films – Key Takeaways Pharmaceutical applications are anticipated to contribute significantly to revenues, driven by higher investments in healthcare and drug formulations that require protection from contaminants. Packaging Barrier Films – Driving Factors Niche applications of barrier films in packaging of electronic items such as OLED and photovoltaic material generates lucrative opportunities. Packaging Barrier Films – Key Constraints Environmental concerns associated with the production and disposal of conventional packaging barrier films hurt market prospects. For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-5000 The Anticipated Impact of Coronavirus The coronavirus pandemic will negatively impact the packaging barrier films market owing to high production costs from fluctuating raw material supplies, and shortage of manpower. In addition, the lockdown has caused suspension of production, and disrupted supply chains in the short term. However, the designation of barrier packaging films as essential items, and applications in FMCG sector will help players to sustain operations and partially cut losses during the crisis period. Competition Landscape Leading players in the packaging barrier films market include but are not limited to KOROZO Ambalaj San.ve Tic A.S, Amcor Ltd., VF Verpackungen GmbH, Bemis Company Inc., Lietpak, Uflex Ltd., Flexopack SA, Sealed Air Corp., Sudpack Verpackungen GmbH & Co. KG, Mondi plc, Supravis Group SA, and Huhtamaki Oyj. Manufacturers are primarily pushing for circular economy initiatives to set up recycling facilities and developing recyclable or biodegradable packaging barrier film options, to bolster portfolios and meet consumer bias towards eco-friendly products. For instance, Mondi plc has collaborated with Hutthaler for the development of a completely recyclable, mono-material, thermoforming barrier film for meat packaging applications. Innovia Films has collaborated with Wildcorn for fully recyclable packaging barrier film pouches for its popcorn products. Also, Amcor Ltd. has unveiled AmLite, a polyolefin, ultra-recyclable packaging film for food, personal care, and pharma packaging applications. Download Complete TOC of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-5000 More About the Report The FMI's market research report offers detailed insights on packaging barrier films. The market is scrutinized on the basis of application (pouches, blister pack base web, shrink films, stretch wrap, sachets, and lids), material (PE, BOPET, PP, Aluminum, Inorganic oxides, nylon, PVDC, EVOH, and others), barrier type (low, medium, high, and ultra-high), end use (food & beverages, pharmaceuticals, personal care, home care, and electronics) and film type (metallized films, inorganic oxide coated films, organic coated, and coextruded films), across five key regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa). Explore Extensive Coverage of FMI's Packaging Landscape Pharmaceutical Unit Dose Packaging Market Contact Info: Source: MarketersMedia Release ID: 89005498 This press release is syndicated from MarketersMEDIA, your global press release service which provides business announcements, market trends, financial analysis, expected growth forecast, predictions, and more since 2012. MarketersMEDIA press releases syndicated on this website are accurate at the time of release. Information provided in the release such as global trends, analysis, growth forecast, and expected market share in dollars may change over time, and may or may not be accurate after the date of release. ********************************************************************** As of Sunday, 04-11-2021 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-18-2012 for BMS @ $30.02. For more inform Please read the End User Agreement. News provided by COMTEX. |
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