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High Barrier Packaging Films Market – Food Segment Driving Market Substantially
- Jun 16, 2018 -

Currently, the global high barrier packaging film market is fragmented on account of numerous local and international players. The players try to stay ahead of the curve through product differentiation and pricing. In the upcoming years, the competition is slated to heat up further on the back of mergers and acquisitions, product extensions, and technological progress.

Prominent participants in the global high barrier packaging films market are Ampac Hoilding LLC, Glenroy, Inc., Amcor Limited, Bemis Company, Inc., Uflex Ltd., The Mondi Group plc, Sealed Air Corporation, Celplast Metallized Products Ltd., Winpak Ltd., Toray Plastics (America), Inc., Polyplex Corporation Limited,Berry Global Group, Inc., LINPAC Packaging Limited, Bischof & Klein GmbH & Co. KG, Schur Flexibles Hoilding GesmbH, Huhtamaki Oyj, Plastissimo Film Co., Ltd., DUNMORE Corporation, and ACG Worldwide Private Limited.As per a report by Transparency Market Research, the global high barrier packaging films market will likely expand at a 7.8% CAGR during the period between 2017 and 2027 to become worth US$43.08 bn by 2027.

The global high barrier packaging films market can be segmented based upon different parameters. By the type of packaging, for example, it can be divided into bags, pouches, lids, films, shrink, laminated tubes, etc. Of them, pouches are slated to clock maximum growth in the next couple of years by expanding at a CAGR of 7.9% between 2017 and 2027.