High Barrier Packaging Films Market

  Market Overview Market Research Future (MRFR), in its recently published research report, asserts that the global  high barrier packaging film market trends  2020 is booming and expected to grow exponentially over the review period, recording a substantial market valuation and a healthy 6.2% CAGR in the forecast period. Drivers and Restraints Packaging applications for food are expected to account for a key share of the barrier film market. This can be attributed to the rising trend of down-gauging, which has supported the shift from rigid to flexible packaging. Strong incentives from retailers, producers, and consumers to increase product shelf life and reduce wastage of packaging material, along with the increasing preference for fresh foods, such as fruits, meat, vegetables, and seafood, have augmented the demand for barrier films. Furthermore, Pharmaceutical and medical products make up one of the significant markets for high barrier films. This market is anticipated to rise at a