Barrier Resins for Food Packaging Market was valued at USD 5.00 Billion in 2022 and is projected to reach USD 8.50 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The global Barrier Resins for Food Packaging Market was valued at approximately USD 3.2 billion in 2022. It is projected to witness a compound annual growth rate (CAGR) of around 6.5% from 2023 to 2028, driven by the increasing demand for extended shelf life and enhanced food safety. Barrier resins are integral in maintaining the freshness and quality of food products by providing protection against oxygen, moisture, and contaminants. The market's growth is further fueled by rising consumer preferences for convenience foods and the expanding food and beverage industry across developing regions.
Opportunity analysis indicates significant potential in emerging markets, particularly in Asia-Pacific and Latin America, where rapid urbanization and changing lifestyles are propelling the demand for advanced food packaging solutions. As disposable incomes rise and food consumption patterns shift, there is a growing need for innovative barrier materials that offer improved protection and sustainability. Investments in research and development for biodegradable and eco-friendly barrier resins are anticipated to open new avenues for market expansion, catering to the evolving consumer and regulatory demands.
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Chang Chun Petrochemical
Asahi Kasei
SK (Dow）
Kureha
Kuraray
Teijin
Solvay
Juhua Group
Mitsubishi Chemical Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Barrier Resins for Food Packaging Market
Dairy Products
Meat
Beverage
Others
Based on Types the Market is categorized into Below types that held the largest Barrier Resins for Food Packaging market share In 2023.
EVOH Resin
PVDC
PEN
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Barrier Resins for Food Packaging Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Barrier Resins for Food Packaging Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Barrier Resins for Food Packaging Market, By Type
6. Global Barrier Resins for Food Packaging Market, By Application
7. Global Barrier Resins for Food Packaging Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Barrier Resins for Food Packaging Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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