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Barrier Coatings for Packaging Market Trends

Report ID: GMI11767
Published Date: Oct 2024
Report Format: PDF

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Barrier Coatings for Packaging Market Trends

The market is evolving through sustainability efforts and smart technology integration. Companies are developing recyclable and biodegradable coatings to reduce environmental impact, responding to consumer preferences and stricter regulations.

For instance, in June 2024, Arcos Dorados Holdings, the largest independent McDonald's franchise in Argentina, has partnered with J&J Green Paper to implement sustainable packaging technology, JANUS. JANUS is an all-natural, 100% biodegradable coating that provides a barrier against grease, water, and oxygen when applied to paper-based food packaging, offering a sustainable alternative to the current petroleum-derived polyethylene coating.

The rapid growth of e-commerce has fueled the demand for packaging materials that are durable and protective. Barrier coatings play a crucial role in preventing damage and maintaining product quality during shipping and storage. With more products being delivered directly to consumers, especially food, beverages, and pharmaceuticals, manufacturers are turning to advanced barrier coatings to ensure that items remain fresh, safe, and intact throughout the supply chain.

Authors: Suraj Gujar , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for barrier coatings for packaging was valued at USD 12.3 billion in 2023 and is estimated to grow at a CAGR of over 10% from 2024 to 2032, driven by the increasing demand for high-performance coatings in the food and beverage industry.

The food and beverage segment dominated the market with a share of over 40% in 2023, driven by the rising demand for packaged foods and the need for coatings that preserve food quality and extend shelf life.

North America dominated the global market with a significant share of over 35% in 2023, driven by the demand for eco-friendly packaging and stringent regulations in the U.S.

Major players in the industry include Amcor, Avery Dennison, Cattie Adhesives, Sierra Coating Technologies, Solenis, Sonoco Products, Stahl Holdings, Stora Enso, and Teknos.