Barrier Materials Market Report

Barrier materials are plastic coatings or multilayer combinations intended to minimize the diffusion of water and gas into and out of a flexible or rigid package. The EVOH, PVDC, PEN, PP, and PE are some of the examples of the barrier materials. These materials are effective against nitrogen, water vapors, oxygen, carbon dioxide, light and aroma compounds, and preserve the quality of the packaged products. Also, these materials are transparent and flexible and can be used in packaging applications in industries such as the food and beverage, pharmaceutical, and cosmetic industry. The market for barrier materials is on the rise as they have been widely adopted in numerous applications on account of their unique properties such as thermal stability, long shelf life, and high-performance levels. Moreover, barrier materials finds its applications in individual moisture barrier packing, air barrier packing, and vapor barrier packing applications. Thus increased adoption of barrier materials in applications such as food ingredients, dried food, resins, pharmaceuticals and cosmetics, automotive coatings, pigments and animal feed is further improving the market growth at rapid pace. 

A surge in the demand for packaged food products increases the demand for barrier materials for food packaging applications. Food is an integral part of daily life. Sustainability, counterfeit protection, efficiency, convenience, traceability, and flexibility are some of the main parameters associated with packaging solutions. For consumers, sustainable and easy-to-use packaging is becoming a priority now than ever before. Thus, factors such as growing demand of the consumer for packaged food owing to changing eating habits and improving lifestyle, high disposable income of the consumers, increasing population, demand for high quality and natural food with increased shelf life are propelling the growth of the market. Moreover, factors such as a surge in the demand for blister packaging and drug delivery systems, growing technological advancements, adoption of new regulatory standards and increased health awareness, and increasing demand for primary pharmaceutical packaging are again impelling the growth of the market.

The need for barrier films in the food and beverage industry is increasing, which will boost the market growth in the upcoming years. The expansion of packaged food items has been assisted by changes in lifestyle and increased expenditure on healthy and nutritious food. Also, growing food safety awareness and technological improvements towards the creation efficient and bio-based barrier material is expected to create lucrative opportunities for the market. 

However, rising packaging costs will hinder market expansion, and rigorous health regulatory compliance standards, environmental regulations, and political norms are likely to constrain market expansion for packaged items as a whole.

The Covid-19 pandemic hampered the growth of the market to a major extent, which has created a major challenge for market growth. In the upcoming years, bridging the gap between raw material supply and demand and preventing goods are expected to be the main challenge in the market.

The report provides in-depth analysis of barrier material market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With rising demand for packaged food products increases the demand for barrier materials for food packaging applications is fuelling the growth of the market and is expected to witness the growth at a CAGR at specific CAGR from 2021-2028.