The market for vapour barrier films is expected to grow to US$ 27.1 billion by 2032. According to Future Industry Insights (FMI), the market is expected to benefit from the increased need for consumer-friendly packaging and the rising number of retail chains in emerging markets.
The global market is anticipated to increase at a CAGR of 6.4% over the projected period, reaching a value of US$ 22.8 billion in 2022. (2022-2032). Since they were first used in the packaging sector a few years ago, vapour barrier films have revolutionised it. These have transformed how things, like perishable food items and moisture-sensitive military equipment, are packaged.
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Market Competition
Some of the renowned companies operating in the global vapor barrier films market include
- Glenroy Inc.,
- Celplast Metallized Product Ltd.,
- Polifilm Group,
- ProAmpac Holdings,
- Optimum Plastics, Inc.,
- 3M Company,
- Amcor Limited,
- SAES Getters S.p.A.,
- Kalliomuovi Oy,
- GLT Products, and
- Layfield Poly Films Ltd. among others.
The global market is highly competitive with the presence of a large number of key players. Majority of these companies are adopting numerous organic and inorganic growth strategies to strengthen their position in the market. A few others are increasingly focusing on mergers and acquisitions, expansions, collaborations, and new product launches to broaden their geographic presence and improve their product offerings.
Infestation of insects is how Driving the Market for Vapor Barrier Films to Grow
In contrast to an acrylic box or a welded metal, vapour barrier films have many benefits. These are adaptable, more affordable, and simpler to make. Their considerable elasticity allows them to adjust for pressure fluctuations brought on by temperature changes inside a packaging box.
These films are intended to be used for maintaining low oxygen atmospheres during the treatment of insect infestations. These films’ performance standards must meet a number of military requirements, including those for contact corrosivity, breaking strength, water vapour permeability, oil resistance, and flame resistance. These elements are anticipated to fuel market growth for vapour barrier films during the assessment period.
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Key Segments Profiled in the Vapor Barrier Films Industry Survey
By Material:
- Polyethylene (PE)
- Polyamide (PA)
- Polyethylene Terephthalate (PET)
- Others
By Thickness:
- Below 5 mil
- 5 mil – 10 mil
- 10 mil – 15 mil
- 15 mil and Above
By End-use Industry:
- Chemicals
- Automotive
- Food & Beverages
- Building & Construction
- Pharmaceuticals & Healthcare
- Electrical & Electronics
- Other Industries
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
About Future Market Insights, Inc.
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