Barrier Material Market - Segmented by Type, End-User Industry and
Geography - Growth, Trends and Forecasts (2018 - 2023)" report
has been added to ResearchAndMarkets.com's offering.
The global barrier material market is expected to witness a CAGR of
approximately 7.26% during the forecast period 2018-2023.
Barrier materials have recently gained attention across the food
industry as they help in increasing shelf-life and thermal stability of
the food packaging. They provide protection against atmospherics gases,
water vapor, and aroma. They are used in the form of thin films and
sheets for food packaging.
The global barrier material market, based on the end-user industry, can
be broadly segmented into pharmaceutical, agriculture, cosmetics, food &
beverage, and others. The food & beverage industry is expected to
dominate the barrier material market, accounting for almost half of the
total market share.
Asia-Pacific is expected to be high revenue-generating region, and is
likely to account approximately to 50% of the total market share. There
has been an increase in demand for packaging from the pharmaceutical
industry. Improved health care services, coupled with rapid adoption of
contract packaging in the pharmaceutical industry, and the stringent
regulations against the counterfeit medicines is likely to drive the
pharmaceutical packaging industry. In 2016, around 113 million
counterfeit tablets were seized by the World Customs Organization (WCO),
out of which 97% were manufactured in India and China.
Kuraray Co. Ltd.
Asahi Kasei Corporation
The Nippon Synthetic Chemical Industry Co. Ltd.
Toppan Printing Company Ltd.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/ts2qjv/global_barrier?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180518005342/en/