Global Barrier Coated Flexible Paper Packaging Market Size
Brooklyn, New York, May 27, 2021 (GLOBE NEWSWIRE) – Findings reviewed by GME indicate that the Overall barrier coated flexible paper packaging Market will grow with a CAGR value of 7.2% from 2021 to 2026. Extensive research and development programs, the advent of innovative polymer solutions and proactive and intelligent packaging, the constantly growing e-commerce industry, the The goal of sustainability and the growing demand for smart solutions Printing are the main emerging fields and technologies that are propelling the market forward and helping to synchronize with the dynamic demands of the customer. In addition, there is a growing demand for products which can provide exceptional levels of product safety, especially in the food industry. In addition, the industry is supported by a strengthened economy and the increase in impoverished technologies. Hence, these factors will act as catalysts for the barrier coatings market to grow rapidly during the forecast period.
On the other hand, demographic changes in lifestyle, rapidly changing customer tastes and the advent of modern technologies have reduced the need for conventional packaging. Throughout the forecast period, these considerations are expected to drive the global barrier coated flexible paper packaging market. The growing awareness of consumers and business owners regarding the plastic ban rule may offer an excellent prospect for developing barrier coated flexible paper packaging solutions.
Browse 159 Market data tables and 119 Numbers spread across 189 Pages and detailed table of contents on “Overall barrier coated flexible paper packaging Market – Forecast at 2026“.
By coating type (water-based coating (dispersion), solvent-based coating, wax coating and extrusion coating), by application (packaging [Cups & Lids, Trays, Boxes, Bags & Pouches, Labels, Blisters, Wraps, and Tapes] and printing), by end use (food [Bakery, Confectionery, Snacks, Dairy, Spices, and Sauces], Beverages, cosmetics, pharmaceuticals, building and construction, electricity and electronics, and others [Publications, Automotive, Etc]), By region (North America, Asia-Pacific, Europe, Latin America, Middle East and Africa); End User Landscape, Company Market Share Analysis, and Competitor Analysis
Key market information
- Globally, as governments and businesses seek substitutes for plastic packaging and catering models, these coating materials will play an important role.
- Water-based (dispersion) coatings are analyzed to dominate the coating types segment as they are more resistant to high temperatures and have improved air and humidity characteristics.
- Water-based coatings are widely used in the consumer and specialty goods industries as coatings on paper
- Packaging is likely to dominate the application segment as it is often used to package and transport a variety of industrial and non-industrial products.
- The packaging application strives to demand multifunctional and flexible barrier coatings for paper that will help the product, the retailer and the customer.
- Food is presumed to be the leader in the end use segment due to the boom in the food delivery industry.
- As the packaging producers in the market are keen to switch to new packaging options, the European region is expected to conquer the market.
- The main players in the market are Nippon Paper Industries, BASF, Solenis, Ahlstrom Munksjo OYJ, Mitsubishi Paper Mill, Westrock Company, Billerudkorsnas AB, International Paper Company, Graphic Packaging International, DOW Chemical, Upm-Kymmene OYJ, Sappi Ltd, Stora Enso OYJ , Mondi Plc, Gascogne Group, Metpro Group, PG Paper Company Ltd, Feldmuehle, Nordic Paper and others.
Major players offering barrier coating packaging solutions:
1. BASF SE:
BASF SE is a company engaged in the manufacture, development, innovation and marketing of chemical, agricultural and healthcare products. BASF SE offers its products and services in more than 190 countries in North America, Europe, Asia-Pacific, Middle East and Africa, as well as Central and South America. The company operates more than 390 manufacturing plants in the Americas, South Africa and Australia, among others. BASF SE operates its R&D facilities in approximately 70 countries around the world. BASF’s barrier coating product line includes Epotal and Ecovio. These are used to cover the main barrier applications, namely oil, grease and mineral oil, coating. Ecovio has done well in the area of application of organic waste bags and agricultural films. The company has adopted key strategies such as expanding their reach into local areas, developing regions and low-income countries, launching cutting-edge technologies, working with research partners and distribution partnerships. . With wide geographic reach and strong brand image, BASF is one of the major market players during the forecast period.
2. Nippon Paper Industries Co. Ltd .:
Nippon Paper Industries Co., Ltd. is engaged in the manufacture and sale of paper and pulp products. The company is recognized as the industry leader in advanced wound care and a therapeutic biologics company. The company has segmented its business activities into four categories, namely, Paper and Board segment, Energy segment, Daily life products segment, and Wood and construction products segment. The company offers a paper-based barrier coating against oxygen and aromas, namely SHIELDPLUS. Nippon has adopted key organic growth strategies such as bulk production and supply of barrier coated solution and expansion thereof into most developed and developing regions.
Solenis is recognized as the world’s leading producer of specialty chemicals focused on providing sustainable solutions for water intensive industries including pulp, wrapping paper and cardboard, among others. The company has a diverse product portfolio comprising a wide range of water treatment solutions, process solutions, pulp and paper solutions, and monitoring solutions, among others. The company offers its products to many industries including mining, biorefining, chemical processing, oil and gas, wood adhesives, and power generation industries, among others. The company contributes to the barrier coatings industry through its products such as organic wax barrier coatings, topscreen barrier coatings for cupstock, water repellent barrier coatings from topscreen and oil resistant barrier coatings and to fats. The company has adopted both organic and inorganic strategies in order to spread its products around the world. Strategies such as product launches, agreements, partnerships and collaborations have catalyzed the visibility of the company and its products in the flexible barrier coated paper packaging market.
The barrier coated flexible paper packaging market has seen organic strategies such as product launch, product presentation, bulk production and establishment of supply chain etc. and Europe in addition to the countries of North America. There are many players involved in adopting exclusive partnership and distribution strategies due to which the competition in the market has increased and will rapidly increase from 2021 to 2026.
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coating Type Outlook (revenues, billion USD, 2019-2026)
- Water-based coating (dispersion)
- Solvent based coating
- Wax coating
- Extrusion coating
Application Outlook (revenues, billion USD, 2019-2026)
- Cups and lids
- Bags and pouches
End use Outlook (revenues, billion USD, 2019-2026)
- Sauce trays
- Beauty products
- Building construction
- Electrical and electronic
Regional outlook (revenues, billion USD, 2019-2026)
- The rest of europe
- South Korea
- Rest of APAC
Central and South America
- Rest of ASC
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
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