Barrier Packaging Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
The global barrier packaging market is expected to register a CAGR of 5.2% during the forecast period of 2019-2026 with a market value over 13 billion by 2026 end. The necessity to maintain the original product condition until it reaches target customers, aesthetically designed packaging that serves as a barrier between the original product and secondary packaging warranting positive brand perception, and prevention of quantitative losses due to leakages and spillages, are factors boosting the market growth of barrier packaging. Development in automated packaging technologies is further fuelling market growth. Drawbacks of traditionally prevalent barrier packaging solutions like price, moisture‐sensitivity, imperviousness and possible ecological destruction additionally triggered the accelerated growth of modern-day barrier packaging market that relies on nano-sized and sub-micron sized additives. Stringent environmental measures on the use of particular b...