EVOH Films for Packaging Market Share, Size, Growth and Forecast Report, 2022 to 2030

EVOH Films for Packaging Market Overview

The report is titled as ‘EVOH Films for Packaging Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the EVOH Films for Packaging market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. EVOH Films for Packaging market is expected to grow with significant rate in the near future.

The EVOH films for packaging market is estimated to reach at a value of US$ 5.1 Bn by the end of 2022 and expected to reach at a value of US$ 7.7 Bn by 2030 with a significant CAGR of 5.1%.

EVOH Films for Packaging Introduction

Ethylene-vinyl alcohol copolymer or EVOH can be distinguished as a pliant, transparent and crystal clear, as well as slick thermoplastic copolymer with exceptional flex-crack resistivity, along with extremely high resistance to oils, hydrocarbons, and natural solvents.

EVOH films, attributing to its excellent barrier properties to gasses such as nitrogen, oxygen, and carbon dioxide, makes its ideal packaging for a wide range of products including cosmetics, foods, drugs as well as other delicate or perishable products as it maintains and extends its shelf life.

In addition to that, compared with several other common films, EVOH has excellent barrier attributes. On that account as well as to maximize both performance and cost, it is oftentimes employed in multilayer, co-extruded films like PP, HDPE, and PET, which have excellent moisture barrier characteristics. Owing to which, the EVOH films are achieving several applications across various industries including food, healthcare, personal care and many more.

In addition to that, the growing demand for innovative packaging, particularly in the food industry, in order to extend the shelf life of products is further protected to offer major opportunities to the EVOH films for the packaging market in the forthcoming years.

EVOH Films for Packaging Market Segmentation

The global EVOH films for packaging market is segmented on the basis of product type, application, end use, and region.

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

Food

Personal Care & Cosmetics

Household

Pharmaceutical

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

EVOH Films for Packaging Market Key Players

Some of the key participating players in global EVOH films for packaging market are:

Mitsubishi Chemical Holdings Group

FLAIR Flexible Packaging Corporation

Schur Flexibles Holding GesmbH

Smurfit Kappa Group Plc

Coveris Holdings S.A.

Kuraray Co. Ltd

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product development and launches

Current product compliance

Reimbursement

Concerns for use of EVOH Films for Packaging

Advantages of EVOH Films for Packaging

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.