Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Ultra-High Barrier Films Market size was valued at USD 1.89 billion in 2024 and is expected to reach USD 2.99 billion by 2037, expanding at around 3.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ultra-high barrier films is assessed at USD 1.95 billion.
Market owing to the high moisture and gas barrier properties of the films which make them suitable for packaging of medicines, aromatic oils, fat rich content, and other food and beverages products. The increasing demand for ultra-high barrier films in packaging of pharmaceutical products is estimated to be one of the major growth factors for the market. The exceptional properties of these films to preserve fragrance, flavor and taste is anticipated to increase their demand for packaging of spices, dry fruits and essential oils amongst these product manufacturers.
Ultra-High Barrier Films Sector: Growth Drivers and Challenges
Growth Drivers
- Technological Advancements and Rising Demand for Better Packaging Methods
- Rising Trend for Customizable and Flexible Packaging
- Growing Concern towards Developing Ecofriendly Solutions to Minimize Generation of Plastic Wastes
Restraints
- High Initial Investment for the Production of Ultra-High Barrier Films
- Heavier Weight of the Films
Ultra-High Barrier Films Market: Key Insights
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
3.6% |
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Base Year Market Size (2023) |
USD 1.82 billion |
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Forecast Year Market Size (2036) |
USD 2.88 billion |
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Regional Scope |
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Ultra-High Barrier Films Segmentation
The global ultra-high barrier films market is segmented by end-user industry into food & beverages, pet food, pharmaceuticals, electronics and others, out of which, the pharmaceuticals segment is foreseen to garner maximum revenue by the end of 2029, on the back of growing demand for the films to package tablets, capsules and other form of medicines.
On the basis of material type, the ultra-high barrier films market is segmented into polymers, aluminum, oxides and others, out of which, the polymers segment is estimated to hold the leading share over the forecast period on the back of easy availability and affordability of polymers, such as, polypropylene (PP), ethylene vinyl alcohol (EVOH), polyethylene terephthalate (PET), and others.
Our in-depth analysis of the global market includes the following segments
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By Material Type |
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By Product |
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By End-User Industry
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Customize this ReportUltra-High Barrier Films Industry - Regional Synopsis
On the basis of regional analysis, the global ultra-high barrier films market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America Market Statistics
North America industry is predicted to account for largest revenue share by 2037, account of presence of numerous pharmaceutical companies in the region. Moreover, the growing healthcare and pharmaceutical industry, which requires ultra-high barrier films for the packaging of medicines and other disposable surgical tools, is estimated to promote the growth of the ultra-high barrier films market in the region.
APAC Market Analysis
Alternatively, the ultra-high barrier films market in the Asia Pacific region is predicted to grow at a considerable CAGR during the forecast period owing to the tremendous untapped market potential in the developing countries, backed by the easy availability of cheap labor and raw materials for manufacturing these films. Moreover, the growing requirements for advanced packaging solutions for tea, coffee, spices and dry fruit amongst the manufacturers in countries including India, China, Bangladesh and Sri Lanka among others, is expected to further promote the market growth over the forecast period.
Companies Dominating the Ultra-High Barrier Films Landscape
- Berry Global Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Amcor plc
- Sealed Air Corporation
- Mondi plc
- Celplast Metallized Products Limited
- Winpak Ltd.
- Taghleef Industries Group
- Glenroy, Inc.
- Toray Industries Inc.
- ACG
In the News
Author Credits: Abhishek Anil
- Report ID: 2901
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT
