High barrier films are widely used due to growing awareness about their properties. These properties include moisture barrier, gas barrier or oxygen barrier, odor barrier, and light barrier. The barrier films with thickness of more than 25µm are considered as high barrier films. The growing popularity of high barrier packaging films is helping the market increase its application among several end-use industries. Food industry is the largest end user, while the pharmaceuticals industry is the fastest growing.
Growing importance of quality packaging of pharmaceuticals is the primary factor boosting market growth. In terms of application, high barrier packaging films includes bags & pouches and blisters. Blisters are the most preferred format of packaging for pharmaceuticals due to unit dosing feature and high protection from contamination of the primary product. Bags and pouches are largely used for packaging pharmaceutical powders or bulk medication.
Other packaging formats with high barrier films are still in the development stage and are more likely to be introduced in a few years. Among these applications, blisters lead the segment with a huge margin. The market for blisters is expected to reach a valuation of over US$ 400 Mn by the end of 2027, growing at a robust CAGR of 6.1% during the forecast period.
The growing demand for blisters is mainly contributed by the pharmaceuticals industry. Pharmaceuticals that need to be transported for long distances might be required to be stored for a longer period of time and require proper material for packaging to bear several stresses.
High Barrier Packaging Films for Pharmaceuticals Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027Buy Now
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