Product Code: ETC4513165 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India barrier materials market import shipment demonstrated a robust CAGR from 2020 to 2024, indicating significant expansion. However, the growth rate between 2023 and 2024 exhibited a notable decline, suggesting a slowdown in market momentum towards the end of the period. Overall, the market trend shifted from rapid growth to stabilization.
The India Barrier Materials Market is experiencing significant growth as the packaging industry seeks advanced solutions to protect products and reduce food waste. Barrier materials, such as films and coatings, provide protection against moisture, oxygen, and other external factors that can affect product quality and shelf life. The growing e-commerce sector and increased demand for packaged food products have boosted the need for efficient and sustainable barrier materials. As consumer preferences evolve and environmental concerns rise, the barrier materials market is expected to witness continuous expansion in India.
The India Barrier Materials Market is witnessing substantial growth due to several influential factors. First, the increasing emphasis on food safety and extended shelf life in the food and beverage industry is driving the market. Barrier materials are essential in packaging to protect products from oxygen, moisture, and other external factors that can cause spoilage. Second, the growth of the e-commerce sector and the need for packaging materials that can protect products during transit and storage have led to increased adoption of barrier materials. Third, government initiatives promoting the use of sustainable packaging materials and supporting the `Plastic Waste Management` program are encouraging the adoption of barrier materials in packaging. Moreover, advancements in barrier material technology and the development of recyclable and biodegradable options are supporting the market`s expansion.
The barrier materials market in India confronts challenges linked to sustainability and environmental concerns. As consumer awareness of the environmental impact of packaging materials grows, the demand for eco-friendly, biodegradable barrier materials increases. Additionally, maintaining product integrity while reducing material usage is a constant challenge for the market. Ensuring that barrier materials can effectively protect products and extend shelf life remains a priority.
The India Barrier Materials market exhibited resilience during the pandemic, driven by the continued demand for packaging materials, especially in the food and pharmaceutical industries. The market`s recovery has been robust.
Prominent participants in the India barrier materials market encompass Amcor plc, Berry Global Inc, Mondi plc, Huhtamaki Oyj, and Sealed Air Corporation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Barrier Materials Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Barrier Materials Market Revenues & Volume, 2021 & 2031F |
3.3 India Barrier Materials Market - Industry Life Cycle |
3.4 India Barrier Materials Market - Porter's Five Forces |
3.5 India Barrier Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Barrier Materials Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Barrier Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly packaging solutions |
4.2.2 Growing awareness about food safety and hygiene |
4.2.3 Rise in the pharmaceutical and healthcare industries in India |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Lack of standardized regulations for barrier materials in India |
4.3.3 Limited technological advancements in barrier material manufacturing |
5 India Barrier Materials Market Trends |
6 India Barrier Materials Market, By Types |
6.1 India Barrier Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Barrier Materials Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Barrier Materials Market Revenues & Volume, By PVDC, 2021-2031F |
6.1.4 India Barrier Materials Market Revenues & Volume, By EVOH, 2021-2031F |
6.1.5 India Barrier Materials Market Revenues & Volume, By PEN , 2021-2031F |
6.1.6 India Barrier Materials Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Barrier Materials Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Barrier Materials Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 India Barrier Materials Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 India Barrier Materials Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.2.5 India Barrier Materials Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.6 India Barrier Materials Market Revenues & Volume, By Others, 2021-2031F |
7 India Barrier Materials Market Import-Export Trade Statistics |
7.1 India Barrier Materials Market Export to Major Countries |
7.2 India Barrier Materials Market Imports from Major Countries |
8 India Barrier Materials Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly barrier materials in packaging industry |
8.2 Number of new product developments using advanced barrier materials |
8.3 Investment in research and development for barrier material innovations |
8.4 Percentage increase in demand for barrier materials in the pharmaceutical and healthcare sectors |
8.5 Compliance rate with emerging regulations and standards for barrier materials |
9 India Barrier Materials Market - Opportunity Assessment |
9.1 India Barrier Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Barrier Materials Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Barrier Materials Market - Competitive Landscape |
10.1 India Barrier Materials Market Revenue Share, By Companies, 2024 |
10.2 India Barrier Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |