Research on Global Transparent Barrier Packaging Film Market 2016-2020 adds on RnRMarketResearch.com. Transparent Barrier Films are used for different packaging applications in the food, healthcare, consumer goods, and other industries. These films are usually made of plastic as it is lightweight, non-corrosive, and relatively cheaper than other materials, and can be molded into different shapes. The materials generally used in the manufacture of transparent barrier films are polypropylene, polyamide, polyethylene, polyvinyl chloride, ethylene vinyl alcohol, and polyester.
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The analysts forecast global transparent barrier packaging film market to grow at a CAGR of 5.81% during the period 2016-2020. This report covers the present scenario and the growth prospects of the global transparent barrier packaging film market for 2016-2020. To calculate the market size, the report takes into consideration the volume of labels produced by the vendors for the packaging of different goods from the food, healthcare, and consumer goods industry.
The market is divided into the following segments based on geography:
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The following companies are the key players in the Global Transparent Barrier Packaging Film Market: Toppan Printing, Mitsubishi Plastic, Amcor, Bemis, Berry Plastics, 3M, AMPAC, Celplast Metallized Products, Charter Nex Films, Daibochi Plastic, Innovia Films, LINPAC Group, Mondi, Prairie State Group, Printpack, RPC Group, Schur Flexibles Group, Taghleef Industries, Toray Plastics (America), and Wipak.
One trend spurring market growth is the rise in bio-based polymer films. The demand for biodegradable and soluble films is expected to increase at a fast pace during the forecast period. With improvement in technology, new applications of these products are being developed to fulfill the end-user demand for sustainable, specialty, and high-performance films.”
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Further, the report states that a major challenge for this market is the rising awareness pertaining to the harmful effect of plastics. Transparent barrier films are lightweight, durable, moisture- and air-resistant, and cheap. However, they are made of plastic polymers, which are derived from hydrocarbons. The production process of these plastic polymers is energy-intensive and not environmentally friendly. Keeping this in mind, various countries are passing legislations related to sustainable packaging that aim at making companies more accountable for the impact of their products on the environment.