Multilayer Barrier Packaging: What Competitive Factors are Powering Future Potential?
Increased demand for processed food in Asia-Pacific and the Middle East, Africa and South Asia drives the growth pipeline
This Frost & Sullivan study presents an assessment of the global multilayer barrier packaging market in 2021 and its future growth prospects. It discusses the different tiers of the value chain and estimates volume and revenue for polymer manufacturers, functional film manufacturers, and packaging manufacturers.
The study discusses volume and revenue forecasts for each value chain tier and region from 2018 to 2028. The analysis focuses on the primary regions and competitive environment at the subsegment level but includes competitive structure and market share data at the overall level. The study also provides a seven-year forecast based on expected compound average growth rates in which the base year is 2021 and the forecast period is 2022 to 2028.
The study includes key market participants and their critical competitive factors to achieve organic growth and gain a solid foothold in the market. The current size of the multilayer barrier packaging market is assessed by factors such as end-use sector growth, material substitution potential, and shifting political, socio-economic, regulatory, environmental, raw material, and technology trends. These factors, classified as growth drivers and restraints, are considered in the forecast analysis. The study also analyzes the role of digitalization, high per capita income, and demand for fast-moving consumer goods and pharmaceutical products. The study offers an in-depth look into the various recycling scenarios for multilayer barrier packaging products and a snapshot of feasible technologies companies are developing or using to make these products and existing multilayer film designs recyclable.
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