High barrier packaging films have a thickness greater than 25 µm. Ideally, high barrier packaging films is designed to restrict oxygen and moisture that makes them an excellent choice as a packaging material in the pharmaceutical industry. Alongside, there are several other features that are increasing their desirability across other industries, such as the food and beverage, and the chemical industry. Durability, flexibility, and transparency of these films are those other features of high barrier films. The pharmaceutical industry is widely using these films owing to their benefits. The global market of high barrier packaging films for pharmaceuticals is likely to capitalize on these advantages.
Most of the therapeutic principles of drugs are sensitive to moisture, and often to oxygen. The rise in need to retain the action of drugs by protecting drug from such conditions is surging the adoption of high barrier films for packing. This is expected to be the primary factor that is likely to drive the growth of the global market. In addition, the proactive need to safeguard moisture and oxygen sensitive drugs while in the supply chain is likely to amplify the global high barrier packaging films for pharmaceutical market expansion. The report throws light on factors that are likely to regulate the market. It offers insights that can aid in the apprehension of the market that allows to devise growth strategic.
Technological advancements are expected to contribute largely to the market’s dynamics. The flexibility of high barrier films allows it to shape in any form that can support drugs. Hence, the feasibility of packaging is a factor that is likely to gain traction for the global market. Additionally, high film barrier eliminates the need for secondary packaging, thereby reducing the production cost. These are some of the causes that are likely to be responsible for the market to expand.
The worldwide market of high barrier packaging films for pharmaceuticals has been studied by type and application. The type segment of the market includes thermo-formable films, cold-formable films, and coextruded films. The growing need to maintain shelf-lives of drugs by protecting them from environmental changes is likely to escalate the expansion of the global market. The application segment of the market includes bags & pouches, and blisters. The extensive application of high barrier films in form of pouches in the pharmaceutical industry is expected to encourage the expansion of the market.
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In North America, the high barrier packaging films for pharmaceuticals market is likely to surge owing the increase in the adoption of latest packaging technologies. The presence of renowned pharmaceutical companies that are actively deploying high barrier films for packaging is anticipated to favor the North America market. In Europe, the market is expected to gain high traction owing to the quick unfurling of innovations, as extensive amount of research and development activities are observed in the region. In the Asia Pacific region, the market is expected to demonstrate robust growth.
For each manufacturer covered, this report analyzes their High Barrier Packaging Films for Pharmaceuticals manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
Segment by Type
Segment by Application
Bags & Pouches
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