Transparent Barrier Packaging Film Market by Material, Application

Description

List of Tables

[193 Pages Report] The Transparent Barrier Packaging Film Market size was estimated at USD 9.90 billion in 2023 and expected to reach USD 10.63 billion in 2024, at a CAGR 7.51% to reach USD 16.45 billion by 2030.

Transparent barrier packaging film is a type of packaging material designed to be both visually clear and resistant to the passage of gasses, aromas, and moisture. This specialized film ensures that packaged goods are protected against external environmental factors while allowing the product to be visible to the consumer. It is generally used in the food and pharmaceutical industries to extend shelf life and maintain the quality of the contents by providing a protective barrier against oxygen, carbon dioxide, and other gasses that can lead to degradation or spoilage. In the electronics industry, it is used for packaging sensitive electronic components to prevent damage from moisture and other contaminants. Several factors contribute to the growth of the transparent barrier packaging film market, including an increase in the demand for packaged food products due to changing consumer lifestyles, growth in the pharmaceutical industry where product integrity is critical, and increasing awareness of the importance of extending product shelf life and reducing food waste. However, the transparent barrier packaging film market faces certain challenges, such as fluctuating raw material costs that can impact profitability and competition from substitute products offering similar barrier properties at a lower cost. On the other hand, environmental concerns, the shift towards sustainable packaging solutions, the development of bio-based barrier films, and the expanding eCommerce industry necessitating robust packaging solutions present potential opportunities for the market to grow in the coming years.

KEY MARKET STATISTICS
Base Year [2023]	USD 9.90 billion
Estimated Year [2024]	USD 10.63 billion
Forecast Year [2030]	USD 16.45 billion
CAGR (%)	7.51%

Material: Growing usage of polychlorotrifluoroethylene (PCTFE) and Polyvinylidene chloride (PVDC) in the pharmaceutical packaging

Ethylene-vinyl alcohol (EVOH) is a co-polymer of ethylene and vinyl alcohol, offering excellent barrier properties to gasses such as oxygen. Food packaging often prefers this material to extend shelf life by preventing oxidation. Polychlorotrifluoroethylene (PCTFE) is valued for its extremely low gas permeability and is thus employed in pharmaceutical and aerospace applications where strong barrier properties are crucial. Polyethylene terephthalate (PET) is a widely employed plastic due to its strength, thermo-stability, and clarity. In the packaging industry, PET is chosen for its good barrier to moisture and gasses. Polyvinylidene chloride (PVDC) stands out for its excellent barrier to oxygen and moisture, creating it an ideal choice for products requiring long-term storage. When comparing the materials, EVOH offers the best oxygen barrier but can be cost-prohibitive for some applications. PVDC also offers excellent oxygen and moisture barriers but faces more environmental scrutiny due to chlorine content. PET provides a moderate barrier at a more economical price point, and its strength and clarity make it highly versatile. PCTFE boasts the lowest gas permeability and is used in niche markets requiring ultimate barrier properties. Overall, the choice of material heavily depends on the specific product requirements and the balance between cost, barrier properties, and environmental considerations.

Application: Increasing popularity of bio-based films in food and beverages sector

Transparent barrier films are extensively utilized in packaging a wide array of consumer goods, including electronics, textiles, and other non-food items. The primary need for this application is to ensure product visibility while providing a barrier against moisture, oxygen, and other environmental factors that degrade the product's quality. In the food and beverage sector, transparent barrier films are crucial for preserving freshness, extending shelf life, and displaying the product attractively. These films are favored for their ability to keep out contaminants and prevent the exchange of gases such as oxygen and carbon dioxide, vital in maintaining product taste and preventing spoilage. Packaging household care products, such as cleaning supplies and detergents, requires films resistant to chemicals and abrasion. The preference here is for multi-layer films that can protect the contents from moisture and ensure the packaging integrity is maintained during its lifecycle. For personal care items, such as cosmetics and shampoos, transparent barrier films are chosen for their protective qualities and aesthetic appeal. These films help in preventing contamination and preserving the efficacy of the products. Pharmaceutical packaging demands the highest standards in barrier properties to protect medication from environmental factors, thereby ensuring patient safety and product efficacy. The films are tailored to offer protection against moisture, gases, light, and contaminants, with regulations often dictating the specific requirements. The application of transparent barrier films varies considerably across different sectors. While consumer goods often emphasize clarity and printability, food and beverage packaging prioritizes the extension of shelf life and freshness conservation. Household and personal care products share a common need for chemical and puncture resistance but differ in their marketing and presentation requirements. Conceivably, the most stringent pharmaceutical packaging places paramount importance on barrier properties and regulatory compliance. Each sector drives different innovations, with food packaging leaning towards recyclability and sustainability and pharmaceutical packaging focusing heavily on safety and security enhancements.

Regional Insights

In the United States, the demand for transparent barrier films is primarily driven by the food and pharmaceutical industries. Consumers in this region show an increased preference for packaged food with a longer shelf life, leading to a need for efficient barrier properties against moisture, oxygen, and other gasses. Canadian consumers are environmentally conscious, which has steered the market towards more eco-friendly packaging solutions. South America is witnessing substantial growth, with Argentina emerging as a growing market with increasing demand in the food and medical sectors and Brazil's robust food industry and active pharmaceutical sector. The EU market for transparent barrier films is heavily influenced by stringent regulations on packaging waste and recycling targets. Consumer behavior in EU countries leans towards products with reduced environmental impact, driving brands to incorporate sustainable packaging solutions. Investments in these regions are often directed at material reduction and improving the circularity of packaging films. The markets in the Middle East and Africa (MEA) are emerging concerning transparent barrier films, with growth fueled by the rising food and beverage industry in these regions. The MEA market faces challenges around infrastructure and recycling. Yet, an increasing awareness and demand for quality packaging can influence future investments and technological advancements in the packaging industry. China is a leading player in the Asia Pacific market for transparent barrier films, backed by massive manufacturing capabilities and a large consumer base. The country's market is experiencing substantial growth due to increasing urbanization and disposable income. Research and development in Japan are geared toward cutting-edge technology in barrier materials and functional coatings, positioning Japan as a prominent country in the high-performance segment of transparent barrier films. India is a rapidly growing market for transparent barrier films, driven by the expanding food industry and retail sector. The convenience of packaged foods and increased health awareness have accelerated the demand for high-quality packaging films. Although the region has vast potential, local manufacturers face competition from international players.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Transparent Barrier Packaging Film Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Transparent Barrier Packaging Film Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Transparent Barrier Packaging Film Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Amcor PLC, Bemis Company, Inc., Bemis Manufacturing Company, Berry Global, Inc., Celplast Metallized Products, Cosmo Films, Inc., Dai Nippon Printing Co., Ltd., DS Smith PLC, DuPont de Nemours, Inc., Ester Industries Ltd., Glenroy, Inc., Green Packaging Material (Jiangyin ) Co., Ltd., Innovia Films, Jindal Poly Films Limited, Mitsubishi Chemical Corporation, Mondi Group PLC, Oliver Healthcare Packaging Company, Polyplex Corporation, Sealed Air Corporation, Sonoco Products Company, Toppan Inc., Toray Advanced Film Co., Ltd., and UFlex Limited.

Market Segmentation & Coverage

This research report categorizes the Transparent Barrier Packaging Film Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material
- Ethylene-Vinyl Alcohol (EVOH)
- Polychlorotrifluoroethylene (PCTFE)
- Polyethylene Terephthalate (PET)
- Polyvinylidene Chloride (PVDC)

Application
- Consumer Goods
- Food & Beverages
- Household Care Product Packaging
- Personal Care Product Packaging
- Pharmaceutical Packaging

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Transparent Barrier Packaging Film Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Transparent Barrier Packaging Film Market?

3. What are the technology trends and regulatory frameworks in the Transparent Barrier Packaging Film Market?

4. What is the market share of the leading vendors in the Transparent Barrier Packaging Film Market?

5. Which modes and strategic moves are suitable for entering the Transparent Barrier Packaging Film Market?

Product Code: MRR-031685195788

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Expanding demand for packaged food products due to changing consumer lifestyles
  - 5.1.1.2. Growth in the pharmaceutical industry, where product integrity is critical
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuating raw material costs
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing development of bio-based barrier films
  - 5.1.3.2. Expanding e-commerce industry necessitates robust packaging solutions
- 5.1.4. Challenges
  - 5.1.4.1. Availability of substitute products
5.2. Market Segmentation Analysis
- 5.2.1. Material: Growing usage of polychlorotrifluoroethylene (PCTFE) and Polyvinylidene chloride (PVDC) in the pharmaceutical packaging
- 5.2.2. Application: Increasing popularity of bio-based films in food and beverages sector
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Transparent Barrier Packaging Film Market, by Material

6.1. Introduction
6.2. Ethylene-Vinyl Alcohol (EVOH)
6.3. Polychlorotrifluoroethylene (PCTFE)
6.4. Polyethylene Terephthalate (PET)
6.5. Polyvinylidene Chloride (PVDC)

7. Transparent Barrier Packaging Film Market, by Application

7.1. Introduction
7.2. Consumer Goods
7.3. Food & Beverages
7.4. Household Care Product Packaging
7.5. Personal Care Product Packaging
7.6. Pharmaceutical Packaging

8. Americas Transparent Barrier Packaging Film Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Transparent Barrier Packaging Film Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Transparent Barrier Packaging Film Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Camvac unveils Camfoil barrier film
- 11.3.2. TOPPAN Holds Groundbreaking Ceremony to Kick Off Construction of New Barrier Film Plant in the Czech Republic
- 11.3.3. Toppan Acquires Thai Packaging Manufacturer
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio