Our specialty film market analysis highlights that the rising use of barrier films in food and pharmaceutical industries is driving the market for specialty films in the packaging industry. The advantages provided by specialty barrier films, like moisture resistance, very low permeability to air, and flexibility are expected to further drive the demand for barrier films in the packaging segment. The growing demand for packed ready-to-eat food products and microwaveable products among consumers is also on the rise, which is resulting in the growing acceptance of high-performance films products.
One of the emerging specialty film market trends expected to gain momentum in the coming years is the market’s shift toward replacing aluminum foils, waxing paper, and cellophane with specialty films. The reason for this shift is owing to specialty films serving as a more flexible packaging solution that can facilitate faster packaging with excellent sealing properties. Increasing demand for biodegradable and soluble films is another key trend expected to impact market growth during the same forecast period. With the implementation of stringent environmental regulations and growing awareness about sustainable development among the consumers, market players are increasingly developing environmental-friendly specialty and high-performance packaging films.
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Within our specialty film industry research, we provide deep insights into the market landscape and its segments. Our specialty film market segmentation research offerings include:
We at Technavio, with our comprehensive understanding of the specialty film market, have been monitoring the latest industry trends and developments to create an in-depth portfolio of market research reports. These reports help our clients identify opportunities within the market and develop effective strategies to optimize their market positions. Our specialty film market reports offer the following insights: