Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Transparent Barrier Packaging Films Market | Page 3
Global In-flight Advertising Market Research Report: Forecast to 2023
Global Transparent Barrier Packaging Films Market By Material (Polyvinylidene chloride
(PVDC), Ethylene vinyl alcohol (EVOH), Polypropylene (PP), and others), By End-Users
(Food, Healthcare, Consumer Goods and others), & by Region - Global Forecast to 2023.
Market Scenario
The growth of global transparent barrier packaging films market can majorly be
attributed to increased consumption of processed food items and ready to eat food
products. In addition, rapid urbanization coupled with changing food preferences of
consumers due to increasing disposable income is expected to boost the market growth.
However, rising competition from substitutes such as aluminum foil is the major restraint
that could hinder the market growth.
Based on end-users, food segment accounted for the largest share in 2016, owing to
rising acceptance of packaged food products across the globe. The food products that
are packaged using these films contain less preservatives compared to canned food
products, helping the health conscious consumers. In consumer goods, the products
packaged with transparent barrier packaging films have longer shelf life, less prone to
environmental factors such as moisture and UV.
Amcor Ltd. (Australia), Bemis Company, Inc. (U.S.), 3M Company (U.S.), Mitsubishi Plastic
(Japan), AMPAC (U.S.), Berry Global, Inc. (U.S.), Innovia Films (U.K.), Toppan Printing Co.,
Ltd. (Japan), Daibochi Plastic & Packaging Industry Bhd (Malaysia), and LINPAC Group
(U.K.) are some of the leading players operating in the global transparent barrier
packaging films market.
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