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Oxygen Barrier Films & Coatings For Dry Food Market Share

Report ID: GMI3106
Published Date: Feb 2019
Report Format: PDF

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Oxygen Barrier Films & Coatings For Dry Food Market Share

The global oxygen barrier films & coatings for dry food market share is competitive. Key industry players include :

Amcor
Bemis
American Pouch
Dupont Teijin Films
Honeywell

R&D initiatives to produce enhanced quality products and innovations regarding transparent lamination will drive the industry share. Packaging process automation, product portfolio expansion, collaborations, and long-term supply agreements are key strategies adopted by the industry players.

North America and Europe are mature markets and are saturated in terms of growth. Distribution channel expansion and R&D expenditure for better product innovation are among the key strategic initiatives taken by the firms operating in these regions. Regulatory bodies are expected to promote and develop innovative packaging solutions to reduce food waste generation.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

Global oxygen barrier films & coatings for dry food industry size will grow at a 5% CAGR through 2025 driven by higher intake of packaged food and the changing consumer eating patterns.

The metalized films material segment will hold a considerable market share owing to the growing obligation for strong resistance against moisture, glossy appearance, and light weightiness.

The oxygen barrier films & coatings for dry food industry size from baked goods will value at over USD 500 million by 2025 due to increasing consumer spending on bakery products.

Asia Pacific oxygen barrier films & coatings in dry food industry size could exceed USD 350 million through 2025 owing to the expanding urbanizing population and the rising per-capita incomes in the region.