Market Overview:
The global barrier shrink bags market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for barrier shrink bags from various end-use industries, such as food, electronics, cosmetic & personal care, homecare, healthcare and industrial. In terms of type, the global barrier shrink bags market is segmented into round bottom sealed (RBS), straight bottom sealed (SBS) and side sealed. Of these types, SBS is expected to witness the highest growth during the forecast period owing to its properties such as high gas and water resistance. In terms of application, food held the largest share in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to rising demand for packaged foods across regions due to changing lifestyles and growing urbanization.
Product Definition:
Barrier shrink bags are designed to protect food from contamination and extend product shelf life. The bag's barrier properties prevent oxygen and moisture from entering the bag, while its heat-sealing capabilities create a secure closure. Barrier shrink bags are an important tool for food processors, as they help ensure that products are safe and fresh when they reach the consumer.
Round Bottom Sealed:
Round bottom sealed bags are shrink bags that have a bottom seal. The bag is closed by folding a portion of the bag, which is then welded or heat sealed to the lower edge of thebag. This provides an additional layer of protection from contamination and helps ensure complete closure even inthe eventof puncture or tear during use and transport.
Straight Bottom Sealed:
Straight bottom sealed bags are manufactured in a continuous process with the use of heat sealing machines. These bags have uniform thickness from end to end and are available in various sizes, shapes, and materials. The straight-sealed barrier shrink bags market is expected to witness significant growth over the forecast period owing to its wide range of applications including food packaging & processing, consumer goods packaging among others.
Application Insights:
The food application segment accounted for the largest market share in 2017 and is projected to expand at a steady CAGR over the forecast period. The bags are used for packaging various food products such as fruits, vegetables, meat, poultry & seafood and dairy products. Various regulations pertaining to safety and hygiene of foodstuffs transported by air are expected to boost demand over the coming years.
Electronics was another prominent application segment accounting for 9% of total revenue in 2017 due to high usage of barrier shrink bags across electronic components such as mobiles phones, laptops/notebooks, cameras/camcorders etc. The cosmetic & personal care industry is anticipated to witness significant growth on account of rising consumer awareness regarding product safety features along with increasing spending capacity in developing regions like Latin America and Asia Pacific.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly driven by the rising demand for pharmaceutical products and food products. North America has a well-established infrastructure network, which enables quick transportation of goods from one place to another. This factor is anticipated to fuel up the demand for barrier shrink bags over the forecast period.
Asia Pacific region is expected to witness significant growth over the next eight years owing to increasing trade activities between Asia Pacific countries such as China, Japan, India and South Korea among others will boost product usage across industries such as electronics, cosmetic & personal care and healthcare among others in this region.
Growth Factors:
- Increasing demand for Barrier Shrink Bags from food and beverage industry as a result of the growing trend of packaging food and beverages in small quantities to cater to the needs of individual consumers.
- Rising demand for Barrier Shrink Bags from pharmaceuticals and healthcare sector due to their ability to protect products from moisture, dust, light, and other environmental contaminants.
- Growing popularity of Barrier Shrink Bags as an effective means of marketing and branding products owing to their ability to create a unique visual identity for products.
- Increasing use of Barrier Shrink Bags in e-commerce sector due to benefits such as tamper evidence, product protection, etc., offered by these bags over traditional packaging methods like cardboard boxes or polyethylene bags.
Scope Of The Report
Report Attributes
Report Details
Report Title
Barrier Shrink Bags Market Research Report
By Type
Round Bottom Sealed, Straight Bottom Sealed, Side Sealed
By Application
Food, Electronics, Cosmetic & Personal Care, Homecare, Healthcare, Industrial, Others
By Companies
Amcor, Sealed Air Corporation, Winpak, Kureha Corporation, Coveris Holdings, Schur Flexibles Group, Flavorseal, BUERGOFOL, Flexopack, Globus Group, Amcor, PREMIUMPACK, Kuplast, Vac Pac, Vector Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Barrier Shrink Bags Market Report Segments:
The global Barrier Shrink Bags market is segmented on the basis of:
Types
Round Bottom Sealed, Straight Bottom Sealed, Side Sealed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Electronics, Cosmetic & Personal Care, Homecare, Healthcare, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- Sealed Air Corporation
- Winpak
- Kureha Corporation
- Coveris Holdings
- Schur Flexibles Group
- Flavorseal
- BUERGOFOL
- Flexopack
- Globus Group
- Amcor
- PREMIUMPACK
- Kuplast
- Vac Pac
- Vector Packaging
Highlights of The Barrier Shrink Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Round Bottom Sealed
- Straight Bottom Sealed
- Side Sealed
- By Application:
- Food
- Electronics
- Cosmetic & Personal Care
- Homecare
- Healthcare
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Barrier Shrink Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A barrier shrink bag is a type of packaging that is used to protect products from moisture and air. Barrier shrink bags are made from a number of different materials, including plastic, paper, and film. They are often sealed with heat or pressure to create an airtight seal. This prevents the product from absorbing moisture or other contaminants and ensures that it remains in good condition during transport.
Some of the key players operating in the barrier shrink bags market are Amcor, Sealed Air Corporation, Winpak, Kureha Corporation, Coveris Holdings, Schur Flexibles Group, Flavorseal, BUERGOFOL, Flexopack, Globus Group, Amcor, PREMIUMPACK, Kuplast, Vac Pac, Vector Packaging.
The barrier shrink bags market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Barrier Shrink Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Barrier Shrink Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Barrier Shrink Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Barrier Shrink Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Barrier Shrink Bags Market Size & Forecast, 2020-2028
4.5.1 Barrier Shrink Bags Market Size and Y-o-Y Growth
4.5.2 Barrier Shrink Bags Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Round Bottom Sealed
5.2.2 Straight Bottom Sealed
5.2.3 Side Sealed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Electronics
6.2.3 Cosmetic & Personal Care
6.2.4 Homecare
6.2.5 Healthcare
6.2.6 Industrial
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barrier Shrink Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Barrier Shrink Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Round Bottom Sealed
9.6.2 Straight Bottom Sealed
9.6.3 Side Sealed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Electronics
9.10.3 Cosmetic & Personal Care
9.10.4 Homecare
9.10.5 Healthcare
9.10.6 Industrial
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Round Bottom Sealed
10.6.2 Straight Bottom Sealed
10.6.3 Side Sealed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Electronics
10.10.3 Cosmetic & Personal Care
10.10.4 Homecare
10.10.5 Healthcare
10.10.6 Industrial
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Round Bottom Sealed
11.6.2 Straight Bottom Sealed
11.6.3 Side Sealed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Electronics
11.10.3 Cosmetic & Personal Care
11.10.4 Homecare
11.10.5 Healthcare
11.10.6 Industrial
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Round Bottom Sealed
12.6.2 Straight Bottom Sealed
12.6.3 Side Sealed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Electronics
12.10.3 Cosmetic & Personal Care
12.10.4 Homecare
12.10.5 Healthcare
12.10.6 Industrial
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Round Bottom Sealed
13.6.2 Straight Bottom Sealed
13.6.3 Side Sealed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Electronics
13.10.3 Cosmetic & Personal Care
13.10.4 Homecare
13.10.5 Healthcare
13.10.6 Industrial
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Barrier Shrink Bags Market: Competitive Dashboard
14.2 Global Barrier Shrink Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Sealed Air Corporation
14.3.3 Winpak
14.3.4 Kureha Corporation
14.3.5 Coveris Holdings
14.3.6 Schur Flexibles Group
14.3.7 Flavorseal
14.3.8 BUERGOFOL
14.3.9 Flexopack
14.3.10 Globus Group
14.3.11 Amcor
14.3.12 PREMIUMPACK
14.3.13 Kuplast
14.3.14 Vac Pac
14.3.15 Vector Packaging
