As per FMI, the total sales of barrier shrink bags for the year 2023 are estimated to be around US$ 2,112.3 million. The overall barrier shrink bags market is projected to register a CAGR of 5.9% during the forecast period. Barrier shrink bags are a type of flexible packaging solution that is made from plastic shrink …
Tag Archives: Barrier Shrink Bags Market
North American Barrier Shrink Bags Market is accounted to hold for 92% value share in USA by 2027
The global barrier shrink bags market is predicted to reach a valuation of US$ 2.8 Bn in 2027, with the market expanding at an average CAGR of 5.7% from 2022 to 2027. Predicted to reach an estimated US$ 2.1 Bn by the end of 2022, the target market is likely spurred by the escalating demand for extended …
Barrier Shrink Bags Market Future Outlook | Remains Afloat Amid Covid-19 Pandemic, To Surge Positively, Projects FMI
Increasing hygiene awareness and advanced packaging technologies play a key role in growth of the barrier shrink bags market. Barrier shrink bags reduce chances of package failure and provide extra barriers for moisture, ensuring retention of aroma, and reduction of spoilage. Barrier shrink bags are thus an excellent packaging solution for protecting fresh meats from …