Transparent Barrier Packaging Films Market in North America 2017-2021

Overview of the transparent barrier packaging films market in North America

Market research analysts at Technavio predict that the transparent barrier packaging films market in North America will grow steadily at a CAGR of more than 5% by 2021. This market research analysis identifies the growing demand for packaging in the food industry as one of the primary growth factors for this market. Transparent barrier packaging is a type of flexible packaging that is witnessing a huge demand in the food industry. The barrier provides protection against moisture accumulation and enhances the shelf-life and permeability, consequently increasing the demand for the transparent barrier packaging films. Additionally, barrier packaging films  also prevent the food from deteriorating which will further influence the growth of the transparent barrier packaging films market.

To reduce the amount of waste from packaging materials, manufacturers and customers in North America are increasingly preferring the use of bio-degradable packaging materials which can be disposed in an eco-friendly way. This will induce vendors to innovate and provide sustainable packaging solutions that results in less waste compared to the conventional packaging techniques. According to this market research report, this increasing demand for sustainable packaging will be one of the key trends behind the growth of the transparent barrier packaging films market in North America.

Competitive landscape and key vendors

This market is highly competitive due to the presence of numerous well-established global and local vendors who intensely compete to gain the maximum market share. The vendors in the market are increasingly engaging in M&As to increase their geographical presence. To gain additional competitive advantage, the vendors are also focusing on offering various innovative and customized packaging solutions.

The leading vendors in the market are -

• Amcor
• Bemis
• Berry Plastics
• Toppan Printing

The other prominent vendors in the market are Ampac, Dai Nippon Printing (DNP), Honeywell International, Innovia Films, Sealed Air, Taghleef Industries, Treofan, and Winpak.

Segmentation by end user and analysis of the transparent barrier packaging films market in North America

• Food Industry
• Health care
• Consumer goods industry

During 2016, the food industry segment accounted for the major shares of the transparent barrier packaging films market in North America. Advantages of barrier packaging such as protection against moisture and gases, convenience, safety, and flexibility coupled with the ability to view the products and ingredients, will fuel the demand for transparent barrier packaging films from the food industry.

Geographical segmentation and analysis of the transparent barrier packaging films market in North America

• Canada
• Mexico
• US

This market study estimates that in terms of geographic regions, the US will be the major revenue contributor to the market throughout the forecast period. This mainly attributed to the rising demand for innovative packaging films which can retain the freshness of food for a longer time. The meat sector is one of the largest contributors to the market in which the need to maintain the freshness of food drives the market's growth prospects.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the transparent barrier packaging films market in North America?
• What are the key market trends impacting the growth of the transparent barrier packaging films market in North America?
• What are the challenges to market growth?
• Who are the key vendors in the transparent barrier packaging films market in North America?
• What are the market opportunities and threats faced by the vendors in the transparent barrier packaging films market in North America?
• Trending factors influencing the market shares of the Canada, Mexico, and the US.
• What are the key outcomes of the five forces analysis of the transparent barrier packaging films market in North America? 

Technavio also offers customization on reports based on specific client requirement.

Technavio offers a huge collection of research reports from the transportation and logistics industry, which is a matter of pivotal importance in the era of hypermobility. The upcoming research report on the transparent barrier packaging films market in North America is a part of Technavio's packaging sector and includes an analysis of variables such as market size, growth rate, technological advancements, and the latest market trends, which serves as a primary decision input tool to the clients.

By considering a broad range of factors such as the growth potential, market size key geographical regions, and market drivers, research analysts at Technavio conduct a thorough primary and secondary research to accurately predict the growth potential of the market. Toppan Printing Co. Ltd., Mitsubishi Plastic Inc., Amcor Limited, Bemis, and Berry Plastics are some of the vendors covered in this market research report on the transparent barrier packaging films market in North America.

The upcoming research report on the transparent barrier packaging films market in North America also considers the growth of similar markets such as the pharmaceutical packaging market in North America and global plastic packaging sacks market, which are expected to grow at a CAGR of 5% and 3%, respectively, for the forecast period of 2017 to 2021. The upcoming research report on the transparent barrier packaging films market in North America also analyzes investment feasibility and returns, competitive landscaping, and emerging trends and industry forecasts that influence the market's landscape. The report also covers related sectors from transportation and logistics industry such as transportation and distribution, warehouse and storage, and tags and labels sectors.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.