High Demand for Ready-to-eat Foods Is Set To Propel the Barrier Shrink Film Market

Barrier Shrink Films Market

Barrier shrink films are used for packaging and provide food protection against dust, moisture and gases. It sustains the taste, aroma, and flavor of food. The barrier shrink films is used for packaging or wrapping, to bundle, to improve aesthetics and / or make weather resistance. Food market trends clearly show the growing demand for healthy and safe food and the need for packaging with less impact on the environment. In terms of health, the food industry seeks to offer new products in limited quantities or without preservatives that meet the strict safety requirements of a globalized market.

The growing demand for barriers shrinks films led by end users, where products such as meat, poultry and cheese are stored on store shelves, as well as in the packaging and protection of goods in the process of Storage and distribution. Moreover, growing consumption of dairy and ready-to-eat foods, snacks and frozen meals are the main factors expected to ramp up the global in the Barrier Shrink Film market

Dow today announced the first large-scale commercial use of its AGILITY CE resin, which is 70% recycled plastic. Plastigaur, a barrier shrink film maker, based in Spain, uses the machine in a film packaging resin commonly used to transport cans or PET bottles. Dow informs that the final packaging contained in the PCR content developed by Plastigaur is 50%, which will result in a 25% reduction in carbon emissions.

The global barrier shrink films market is diversified based on material, product, end-user, and region. Based on material, the global market is categorized into polyamide, polyethylene, ethyl vinyl alcohol, polyethylene terephthalate, and polypropylene. The global market is also segmented based on shrink forms such as flowpacks, shrink wraps, vacuum bags, and chubs. By end-user, the global market is diversified into healthcare, electronics, cosmetics & personal care, and food & vacuum bags, and others.

Region-wise, the global barrier shrink films market is led by Asia Pacific region owing to escalating demand for food products in emerging markets such as India, Indonesia, China, Thailand, and others. Moreover, inclination towards sustainable food packaging to prevent spoilage and food wastage is set to increase the demand for barriers shrink films.

The global barrier shrink films market is broadly dominated by some of the leading market participants. This key players include Coveris Holdings S.A., Sealed Air Corporation, Flavorseal Llc., Kureha Corporation, Schur Flexibles Group, Bemis Company Inc., Premiumpack GmbH, Winpak Ltd., Flexopack S.A, and Buergofol GmbH, among others.