Global Plastics for Barrier Packaging Market Set for a Positive Growth Forecast at CAGR of 2.5% till 2022
All packaging provides some type of barrier; this can be a primary reason for packaging products within the initial place. Packaging protects products from infiltration of contaminants, of flavor, color, odor, and a lot of yet as conserving the contents. Packaging, and plastics utilized in packaging, are seen nearly everyplace in fashionable developed society. Most of the products that general public buys in developed societies are prepacked, as an increasing variety in developing countries yet.
U.S. packaging barrier resin market should reach9.4 billion pounds in 2017 and 10.6 billion pounds in 2022, with a compound annual growth rate(CAGR) of 2.5% through 2017-2022.
- 20 data tables and 15 additional tables
- An overview of the global markets for plastics used in barrier packaging
- Analyses of global market trends, with data estimates for 2017 and projections of compound annual growth rates (CAGRs) through 2022
- Information on barrier polymers and their applications, their technology, competing barrier materials, and future trends
- Analysis of the market's drivers and opportunities
- In-depth analysis of the market's restrictions, specifically including susceptibility to contamination or degradation, disposability and recyclability issues, challenges compared to competing materials, and costs
-Profiles of major players in the industry
In this report, we have reevaluated the entire subject and introduced any new barrier packaging concepts and products that we found in the intervening period. We have updated and extended our market analyses, estimates, and forecasts for five additional years into the future, from base year 2017 to 2022.
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Study Goals and Objectives
Packaging, and plastics used in packaging, are seen virtually everywhere in modern developed society. Most of the goods that the public buys in developed societies are packaged, as are an increasing number in developing countries as well. One side effect of all this packaging has been a constant barrage of complaints from activists that products are “overpackaged,” and this excess packaging contributes to our big waste load. Many companies have reacted and continue to react to these complaints by reducing or changing their packaging to make the final package less complex or using less packaging material.
Packaging has been around for centuries, and probably was developed for a number of reasons. These include preservation and stability of products over time and the protection of products from damage, dirt, moisture, and more. Early packaging was quite crude; for example, the casks and cases of salted meat carried on old sailing ships, which often went to sea for extended lengths of time.
Reasons for Doing This Study
As noted above, packaging constitutes the single largest end use of plastics in the U.S, and more and more, packaging is barrier packaging which is taking on increased importance each year as both producers and customers seek longer shelf life and better product integrity, flavor, potency, and more.
This report is intended to inform and assist those involved in several different U.S. industrial and commercial business sectors, primarily individuals with a primary interest in packaging. These organizations and people include those involved in the development, formulation, manufacture, sale, and use of barrier polymer and polymer processes; also, those in ancillary businesses such as processing equipment as well as additives and other support chemicals and equipment.
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