The EVOH films for packaging market is projected to reach US$ 8.01 Bn by 2032, at a CAGR of 5.05% from 2022 to 2032.
The EVOH (ethylene vinyl alcohol) films for packaging market refers to the industry segment that deals with the production, distribution, and use of EVOH films for various packaging applications. EVOH is a high-barrier material known for its excellent gas barrier properties, particularly for oxygen, making it suitable for food, pharmaceuticals, and other perishable product packaging.
EVOH films are commonly used in multilayer packaging structures where they act as a barrier layer to prevent the ingress of oxygen, moisture, and other gases, thereby extending the shelf life of the packaged products. These films are typically combined with other materials such as polyethylene (PE), polypropylene (PP), and polyethylene terephthalate (PET) to form a laminated structure that provides additional functionalities like heat sealability, puncture resistance, and printability.
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The EVOH films for packaging market has witnessed significant growth in recent years due to the increasing demand for packaged foods, beverages, pharmaceuticals, and personal care products. The key factors driving this market growth include:
- Shelf Life Extension: EVOH films help in preserving the freshness and quality of packaged products by minimizing oxygen and moisture transmission. This extends the shelf life of perishable goods, reduces food waste, and enhances product safety.
- Barrier Properties: EVOH films offer excellent gas barrier properties, particularly for oxygen, which helps in protecting sensitive products from oxidation, flavor loss, and spoilage.
- Lightweight and Sustainable Packaging: EVOH films are lightweight, which contributes to reduced packaging material usage and transportation costs. Additionally, they are recyclable, making them an environmentally friendly choice for packaging applications.
- Rising Consumer Awareness: Increasing consumer awareness about food safety, product quality, and sustainability has led to a greater demand for high-performance packaging materials like EVOH films.
- Technological Advancements: Ongoing research and development efforts have resulted in improved EVOH film formulations, making them more versatile, cost-effective, and suitable for a wide range of packaging applications.
The EVOH films for packaging market caters to various industries, including food and beverage, healthcare and pharmaceuticals, personal care, and industrial packaging. Major players in the market include film manufacturers, converters, and packaging companies that offer EVOH-based packaging solutions.
Overall, the EVOH films for packaging market is expected to continue growing as the demand for high-barrier packaging solutions, sustainability, and product protection remains a priority for consumers and industries alike.
Key findings of the EVOH Films for Packaging market study:
- The report provides a present market outlook on EVOH Films for Packaging. Additionally, the EVOH Films for Packaging market share is anticipated to grow with a CAGR of 5.05% in the forecast period.
- Regional breakdown of the EVOH Films for Packaging market based on predefined taxonomy.
- Innovative manufacturing processes implemented by EVOH Films for Packaging vendors in detail.
- Region-wise and country-wise fragmentation of the EVOH Films for Packaging market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global EVOH Films for Packaging market.
- EVOH Films for Packaging price, market share, and Trends forecast for assessment period 2022-2032
Global EVOH Film for Packaging Market by Category
- By Product Type,
- Blown Film
- Cast Film
- By Application,
- Pouches
- Trays
- Bags & Sacks
- Wrapping Films
- Lids
- Liquid Packaging Solutions
- Others (Sachets, Bag-in-box, Tubes)
- By End-use Industry,
- Food
- Healthcare
- Personal Care & Cosmetics
- Others (Building, Construction and Electronics Industry)
Competitive Landscape
EVOH film for packaging manufacturers are exploring new and innovative designs focusing on consumer convenience. Key manufacturers are utilizing consumer inclination towards sustainable packaging in way of new product development. For instance,
- March 2021, Ireland-based, Smurfit Kappa has launched an EVOH film as part of its Bag-in-Box solution. This 60-micron film, marketed as E Compact 60, makes less use of plastic as compared to its counterparts. This packaging is said to be sustainable, resistant to gases and offers enhanced customer convenience.
Market Players:-
- Mondi Group
- Smurfit Kappa Group Plc
- Kuraray Co. Ltd
- Amcor Ltd
- Berry Global Inc.
- Coveris Holdings S.A.
- Winpak Ltd.
- Schur Flexibles Holding GesmbH
- Mitsubishi Chemical Holdings Group
- FLAIR Flexible Packaging Corporation.
- Korozo Packaging
- Nippon Gohsei
- Kaneka Corporation
- Sasol
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