The “Barrier Material Market“ Report provides comprehensive information on the top of market owners, their annual transactions, the stability of their actions and the strategies used to attract the activity. Barrier Material Market report also highlights some of the rules and regulations that have been established by the governing bodies of some countries that can stimulate and restrict commercial activities in certain parts of the world. The information includes the company profile, annual turnover, the types of products and services they provide, income generation, which provide direction to businesses to take important steps.
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Barrier Material Market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The global barrier material market is expected to witness a CAGR of approximately 7.26% during the forecast period (2018-2023), majorly driven by rising demand to increase shelf-life of packaging from the food industry, as they have high durability and strong resistance to atmospheric gases and water vapors.
Demand to Increase Shelf-life of Packaged Foods is Driving the Market
Barrier materials have recently gained attention across food industry as they help in increasing shelf-life and thermal stability of the food packaging. They provide protection against atmospherics gases, water vapor, and aroma. They are used in the form of thin films and sheets for food packaging. Consumers, across the globe, are increasing being health conscious and avoiding food with artificial flavors and preservatives. This is likely to drive the barrier materials market in food industry.
Packaging Application Making Food & Beverage the Dominating End-User Industry
The global barrier material market, based on the end-user industry, can be broadly segmented into pharmaceutical, agriculture, cosmetics, food & beverage, and others. The food & beverage industry is expected to dominate the barrier material market, accounting for almost half of the total market share. These materials are widely used for the packaging of food & beverage products, such as, canned milk, beer, wine, and canned fruits and vegetables. The rising demand of convenience food products is likely to drive the barrier material market during the forecast period.
Demand from Pharmaceutical Packaging Industry is driving the Asia-Pacific Market
Asia-Pacific is expected to be high revenue-generating region, and is likely to account approximately to 50% of the total market share. There has been an increase in demand for packaging from the pharmaceutical industry. Improved health care services, coupled with rapid adoption of contract packaging in the pharmaceutical industry, and the stringent regulations against the counterfeit medicines is likely to drive the pharmaceutical packaging industry. In 2016, around 113 million counterfeit tablets were seized by the World Customs Organization (WCO), out of which 97% were manufactured in India and China. To protect the shelf-life of drug products, the demand for barrier material is likely to grow at a fast rate in Asia-Pacific.
In Dec 2017, Toppan Printing developed a paper-based barrier material for food and toiletries industries.
Major Players: Solvay SA, DowDuPont, 3M , Kuraray Co. Ltd, Asahi Kasei Corporation, amongst others.
Reason to Purchase the Report
To understand the impact of various material type on the market.
Analyzing various perspectives of the market with the help of Porterâs five forces analysis.
To understand the dominating end-user industry in the market.
Countries expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
3 months analyst support, along with the Market Estimate sheet (in Excel).
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Barrier Material Market Analyse according to leading players, Competitive landscape, geographical regions, top manufacturers, types, and applications forecast over a period of 2019 to 2024. Geographically, this report is divided into many key Regions, with production, consumption, revenue (million USD), market share and rate of Barrier Material Market 2019 in these regions, from 2018 to 2024 (forecast), covering: North America, China, Europe, Japan, Southeast Asia, India.
The Objectives of this report are:
- To define, describe, and analyze the Barrier Material market on the basis of product type, application, and region
- To forecast and analyze the size of the Barrier Material market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
- To forecast and analyze the Barrier Material market at country-level in each region
- To strategically analyze each submarket with respect to individual growth trends and its contribution to the Barrier Material market
- To analyze opportunities in the Barrier Material market for stakeholders by identifying high-growth segments of the market
Key Questions Answered in Barrier Material market report:
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Barrier Material Market Report Provides Comprehensive Analysis as Following:
Market segments and sub-segments
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Market Analysis and Segmentation
Supply and demand
Technological inventions in Barrier Material trade
Marketing Channel Development Trend
Barrier Material Market Positioning
Distributors/Traders List enclosed in Positioning Barrier Material Market
Barrier Material Market report provides you a visible, one-stop breakdown of the leading product, submarkets and market leaders revenue forecasts till 2024. In conclusion, Barrier Material Market 2019 report presents the descriptive analysis of the Barrier Material Market Major Key-players, Types, Application and Forecast Period knowledge which is able to function a profitable guide for all the Barrier Material Market competitors.
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