Global Transparent Barrier Packaging Films Market in Food Industry 2017-2021
About Transparent Barrier Packaging Films in Food Industry
Transparent barrier film is a packaging film made up of different types of polymers, based on the application. The global food industry is the major contributor to the growth of the global transparent barrier packaging films market, and contributes around 57.36% share to the market. In the food industry, these packaging films are used to provide both moisture and vapor-resistance packaging for food products. The high barrier property of transparent film provides extended shelf-life for food. Processed food items, fruits, vegetables, and dairy products are the prominent items that are packed using transparent barrier films. Food manufacturers use transparent barrier films packaging as a tool to increase the sales of the food product by projecting the freshness of the food items to the customers.
Technavio’s analysts forecast the global transparent barrier packaging films in food industry to grow at a CAGR of 6.34% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global transparent barrier packaging films in food industry for 2017-2021. To calculate the market size, the report considers the revenue generated by the players of the market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Transparent Barrier Packaging Films in Food Industry 2017-2021
Technavio recognizes the following companies as the key players in the global transparent barrier packaging films in food industry: Toppan Printing, Amcor, Bemis, Berry Global, and Mitsubishi Plastic.
Other Prominent Vendors in the market are: Ampac Holdings, Celplast Metallized Products, Charter NEX, Daibochi Plastic and Packaging Industry, Innovia Films, and Mondi.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is innovation in transparent barrier films. The growing environmental concern is bringing a lot of innovation in transparent barrier films market for the last few years. Many manufacturers are adding additive agents in polymers to get more moisture and vapor resistance. By doing so, they can replace the requirement of aluminum foil to some extent, which can bring some percentage of sustainability in their business divisions.”
According to the report, one of the major drivers for this market is Dominance of PVDC polymers in the transparent barrier films market. Polymers are the major raw materials used for the production of transparent films. There are many types of polymers in the market, which are used to produce different types of films, depending upon the packaging applications. In the food industry, the polymers that have high water vapor and oxygen barrier, aroma retention, high flame resistance, and good printability and adhesion, are preferred. PVDC, EVOH, and PVA are the frequently used polymers for food packaging; PVDC has been dominating the food industry application for last decade. It is a polymer that can act as a barrier and can be used as a coat to add barrier property to other polymers. The popularity of PVDC film packaging in the food industry is due to its extended shelf-life offering for food products, thus forming a major portion of food product manufacturers.
Further, the report states that one of the major factors hindering the growth of this market is Competitive pressure from substitutes. Transparent barrier films are facing a lot of competition from non-transparent barriers films, such as aluminum foil, aluminum vapor deposition films, and others. Aluminum is a metal that can offer high barrier properties for both oxygen and moisture. It is one of the oldest barrier materials and has zero percentage of moisture and oxygen transmittance. Because of its strong properties, it cannot be replaced in certain moisture and oxygen sensitive packaging like dairy products packaging and others. These properties help food products in gaining extended shelf-life with strong aroma barrier, which is the major concern for dairy product manufacturers.
Toppan Printing, Amcor, Bemis, Berry Global, Mitsubishi Plastic, Ampac Holdings, Celplast Metallized Products, Charter NEX, Daibochi Plastic and Packaging Industry, Innovia Films, and Mondi.
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