USD 6.89 bn growth in Transparent Barrier Packaging Film Market Size - Technavio

NEW YORK, Sept. 7, 2022 /PRNewswire/ -- The transparent barrier packaging film market report has been recently added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 7.31%. The potential market growth difference from 2021 to 2026 will be USD 6.89 billion, as per the report. The report on the transparent barrier packaging film market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. Technavio categorizes the global transparent barrier packaging film (TBPF) market as a part of the global metal and glass containers market. Our report provides extensive information on the value chain analysis for the transparent barrier packaging film market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

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  • The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by High demand for TBPF from the food industry. Manufacturers of food and beverage products choose packaging materials that can extend the shelf-life of food. Packaging film materials exhibit unique properties such as resistance to heat, humidity, gas, and aroma barrier. The manufacturers prefer food packaging solutions with fewer artificial preservatives. TBPF also increases the salability of products. The materials resist puncture and display high tensile strength, durability, and chemical properties. As these are lightweight, they significantly reduce the overall weight of the packaging. The high demand for packaging films will increase the consumption of TBPF in the forecast period.
  • However, One of the key challenges to the global transparent barrier packaging film market growth is the growing use of substitute products. Biodegradable packaging materials such as aluminum foil, paper, edible packaging, and edible blobs are increasingly used as substitutes for TBPF in end-use industries. In January 2020, Nestle SA (Nestle) announced the launch of Nesquik All Natural powder in paper packaging as a part of the company's growing inclination toward reducing plastic waste. The energy consumption during the production of producing transparent films is comparatively higher than that of other packaging materials. In the US, aluminum foil is reprocessed in higher quantities in comparison to plastics. Such factors may hamper the market growth in the coming years.

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This report extensively covers transparent barrier packaging film market segmentation by end-user (food, healthcare, consumer goods, and others) and geography (APAC, North America, Europe, Middle East and Africa, and South America).

  • Revenue-generating Segment Highlights: The transparent barrier packaging film market share growth by the food segment will be significant during the forecast period. TBPF are popularly used for packaging meat, meat products, fruits, and vegetable. Processing of meat and meat products includes procedures such as meat drying, controlling acidity, and storing them in airtight containers to reduce microbial attacks. The increasing use of visible packaging solutions in the food industry will further drive the demand for TBPF.
  • Regional Opportunities: 39% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for transparent barrier packaging films in APAC. Market growth in this region will be faster than the growth of the market in other regions. The significant increase in the consumption of packaged food and healthcare products will facilitate the transparent barrier packaging film market growth in APAC over the forecast period.

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The transparent barrier packaging film market covers the following areas:

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters

Transparent Barrier Packaging Film Market Sizing
Transparent Barrier Packaging Film Market Forecast
Transparent Barrier Packaging Film Market Analysis

Companies Mentioned

The transparent barrier packaging film market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market. This statistical study of the transparent barrier packaging film market encompasses successful business strategies deployed by the key vendors. The transparent barrier packaging film market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

  • 3M Co.
  • Amcor Plc
  • Ampac Packaging
  • Berry Global Group Inc.
  • CCL Industries Inc.
  • Celplast Metallized Products Ltd
  • Cosmo Films Ltd
  • Dai Nippon Printing Co. Ltd.
  • Daibochi Berhad
  • DUO PLAST AG
  • DuPont de Nemours Inc.
  • Jindal Poly Films Ltd.
  • Mitsubishi Chemical Corp.
  • Mondi plc
  • Riddhi Siddhi Plastic
  • Sumilon Polyester Ltd.
  • Taghleef Industries spa
  • Toppan Printing Co. Ltd
  • UFlex Ltd.
  • Winpak Ltd.

Grab a Sample PDF report for Vendor-based Insights and their strategic initiatives

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Transparent Barrier Packaging Film Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.31%

Market growth 2022-2026

$ 6.89 billion

Market structure

Fragmented

YoY growth (%)

6.52

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 39%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Amcor Plc, Ampac Packaging, Berry Global Group Inc., CCL Industries Inc., Celplast Metallized Products Ltd, Cosmo Films Ltd, Dai Nippon Printing Co. Ltd., Daibochi Berhad, DUO PLAST AG, DuPont de Nemours Inc., Jindal Poly Films Ltd., Mitsubishi Chemical Corp., Mondi plc, Riddhi Siddhi Plastic, Sumilon Polyester Ltd., Taghleef Industries spa, Toppan Printing Co. Ltd, UFlex Ltd., and Winpak Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Food - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Food - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Food - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Food - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Food - Year-over-year growth 2021-2026 (%)
  • 5.4 Healthcare - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
  • 5.5 Consumer goods - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Consumer goods - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Consumer goods - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Consumer goods - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Consumer goods - Year-over-year growth 2021-2026 (%)
  • 5.6 Others - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.7 Market opportunity by End-user
    • Exhibit 44: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 48: Chart on Geographic comparison
    • Exhibit 49: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 UK - Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.11 India - Market size and forecast 2021-2026
    • Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.12 Germany - Market size and forecast 2021-2026
    • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 93: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 95: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 96: Matrix on vendor position and classification
  • 10.3 3M Co.
    • Exhibit 97: 3M Co. - Overview
    • Exhibit 98: 3M Co. - Business segments
    • Exhibit 99: 3M Co. - Key news
    • Exhibit 100: 3M Co. - Key offerings
    • Exhibit 101: 3M Co. - Segment focus
  • 10.4 Amcor Plc
    • Exhibit 102: Amcor Plc - Overview
    • Exhibit 103: Amcor Plc - Business segments
    • Exhibit 104: Amcor Plc - Key news
    • Exhibit 105: Amcor Plc - Key offerings
    • Exhibit 106: Amcor Plc - Segment focus
  • 10.5 Berry Global Group Inc.
    • Exhibit 107: Berry Global Group Inc. - Overview
    • Exhibit 108: Berry Global Group Inc. - Business segments
    • Exhibit 109: Berry Global Group Inc. - Key news
    • Exhibit 110: Berry Global Group Inc. - Key offerings
    • Exhibit 111: Berry Global Group Inc. - Segment focus
  • 10.6 Celplast Metallized Products Ltd
    • Exhibit 112: Celplast Metallized Products Ltd - Overview
    • Exhibit 113: Celplast Metallized Products Ltd - Product / Service
    • Exhibit 114: Celplast Metallized Products Ltd - Key offerings
  • 10.7 Cosmo Films Ltd
    • Exhibit 115: Cosmo Films Ltd - Overview
    • Exhibit 116: Cosmo Films Ltd - Product / Service
    • Exhibit 117: Cosmo Films Ltd - Key offerings
  • 10.8 Mitsubishi Chemical Corp.
    • Exhibit 118: Mitsubishi Chemical Corp. - Overview
    • Exhibit 119: Mitsubishi Chemical Corp. - Business segments
    • Exhibit 120: Mitsubishi Chemical Corp. - Key news
    • Exhibit 121: Mitsubishi Chemical Corp. - Key offerings
    • Exhibit 122: Mitsubishi Chemical Corp. - Segment focus
  • 10.9 Mondi plc
    • Exhibit 123: Mondi plc - Overview
    • Exhibit 124: Mondi plc - Business segments
    • Exhibit 125: Mondi plc - Key news
    • Exhibit 126: Mondi plc - Key offerings
    • Exhibit 127: Mondi plc - Segment focus
  • 10.10 Toppan Printing Co. Ltd
    • Exhibit 128: Toppan Printing Co. Ltd - Overview
    • Exhibit 129: Toppan Printing Co. Ltd - Business segments
    • Exhibit 130: Toppan Printing Co. Ltd - Key offerings
    • Exhibit 131: Toppan Printing Co. Ltd - Segment focus
  • 10.11 UFlex Ltd.
    • Exhibit 132: UFlex Ltd. - Overview
    • Exhibit 133: UFlex Ltd. - Business segments
    • Exhibit 134: UFlex Ltd. - Key news
    • Exhibit 135: UFlex Ltd. - Key offerings
    • Exhibit 136: UFlex Ltd. - Segment focus
  • 10.12 Winpak Ltd.
    • Exhibit 137: Winpak Ltd. - Overview
    • Exhibit 138: Winpak Ltd. - Business segments
    • Exhibit 139: Winpak Ltd. - Key offerings
    • Exhibit 140: Winpak Ltd. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 141: Inclusions checklist
    • Exhibit 142: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 143: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 144: Research methodology
    • Exhibit 145: Validation techniques employed for market sizing
    • Exhibit 146: Information sources
  • 11.5 List of abbreviations
    • Exhibit 147: List of abbreviations
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