The barrier packaging market is projected to register a CAGR of 5.2% during the forecast period 2020-2027 and register a market value of over $13 billion by 2027.
Rising demand for safe packaging and product protection has led to a strong development of the market as the demand for barrier packaging increases. This form of packaging increases the visibility of the product and increases brand awareness among the general public. They have also improved the aesthetics of their products and have been widely applied in the pharmaceutical and food sectors, leading to lucrative trade routes in markets around the world. In addition, rapid advances in technology have led to the development of fully automated processes. All these factors have led to the potential growth of the global market.
A full report of Barrier packaging Market available at: https://www.orionmarketreports.com/repair-and-rehabilitation-type-construction-chemicals-market/2971/
Significant market players include:
Amcor, Daibochi Plastic, Charter Nex Films, Celplast Metallized Products, Prairie State Group, Schur Flexibles Group and others. The market witnessed high capital investments due to increasing utilization of barrier packaging among different sectors.
Barrier packaging Market- Segmentation
By Material
• Polyethylene
• Polypropylene
• Polyamide
• Ethylene vinyl alcohol
• Others
By End User
• Pharmaceutical
• Food & Beverage
• FMCG
• Personal Care
• Electronics
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
