Market Trends of Packaging Film

Packaging film are used to pack various items. packaging films are ideal choice to pack frozen foods, vegetables, industrial oil, and medicines, etc. Vishakha packaging films are barrier flexible films for Vertical Form Fill Seal Films (VFFS Films) Applications.

Packing Films in Pharmaceutical Industries

VISHBARR VFFS Packing Films are used in pharmaceutical industry to pack various type of medicines. The demand for pharmaceutical packaging is expected to increase in the coming years. This will be a result of the increased need for product protection, along with the need for sustainable delivery methods.

Medical packaging films are used to protect medicines, medical products and other essentials from extreme environmental conditions. They also offer transparency and high performance. These films are lightweight, easy to store and open, and resistant to chemical and other external factors.

Medical packaging films have a wide range of applications, including blister packs, pouches, and medical bags. They are also used in the manufacturing of nutritional supplements. Moreover, these films have been gaining a lot of popularity because they provide an extra layer of protection.

The global market for medical packaging films is projected to rise to USD 8.90 billion by 2027. Increasing disposable incomes and the growing aging population are among the key factors contributing to the growth. In addition, the introduction of new recycling regulations is expected to further drive growth.

Europe is the second largest market for pharmaceutical packaging. In 2021, it accounted for 35.0% of the global total. Although, the region generated the highest revenue share, it is predicted that this share will decrease in the near future.

Globally, the demand for flexible packaging has been increasing, as the industry has shifted to more environmentally friendly solutions. Furthermore, VISHBARR VFFS Packing Films are more cost-effective and generates less waste.

VISHBARR VFFS Packing Films – for Packing Food & Drinks

The drinks packaging industry is expected to witness significant growth in the coming years. Rising consumer demand for coffee, tea and other hot beverages is expected to accelerate the market. In the short term, the industry is expected to be impacted by stagflation, inflation and other economic challenges. However, long-term growth prospects are promising.

Asia Pacific is the fastest-growing region and holds a promising outlook. It is home to a large population and a growing retail sector. Moreover, it also boasts of a robust e-commerce sector. Besides, it is home to a number of pharmaceutical industries.

Increasingly, flexible packaging is being used for a wide range of applications. It is used for beauty and personal care products, pharmaceutical and food industry products, and home care products. Also, they are environmentally friendly which do not cause any harmful affect to environment.

Despite the competitiveness in the Hot Drinks Packaging industry, growth opportunities are expected. The industry is undergoing several innovations to increase production volume and reduce costs. As a result, it is estimated that the Drinks Packaging market will register a 4.8% CAGR from 2021 to 2028.

Applications of VISHBARR VFFS Packing Films in Beauty & Personal Care Products

The Beauty and Personal Care Packaging market has seen an enormous growth in recent years. The industry has been boosted by advancements in packaging technologies and the availability of innovative designs. It has also been driven by consumers’ increasing desire for portability and functionality.

Increasingly, customers are shifting towards more sustainable ingredients and eco-friendly packaging. This, in turn, is contributing to the growth of the cosmetic packaging market.

Plastic packaging, with its flexibility and durability, is the most common material used in cosmetic packaging. Rigid plastics are lightweight and non-corrosive, thus making them cost-effective.

Flexible packaging is airtight and allows for higher filling volumes. In addition to providing a high barrier against moisture and oxygen, these pouches can be easily filled with hard-to-hold products, such as lip glosses, face creams, and other beauty items.

VISHBARR VFFS Packing Films are widely utilized in the personal care and cosmetic industry, as well as in the food and pharmaceutical industries. Their durability allows them to withstand the crumpling and rolling pressures associated with transportation and manufacturing.

Increasing demand for premium cosmetics is also boosting the market. The rise in disposable incomes is also driving this trend. These products are accompanied by a variety of different layers of packaging, which are essential for preserving the integrity of the product and its content.

Plastic is the most common material in cosmetic packaging, accounting for approximately 30% of the market. It is also easy to process, odourless, and provides a clean, dry environment for the product.

Asia-Pacific Largest Consumer for Packaging Film

Asia Pacific is expected to maintain its position in the global flexible plastic packaging market over the next few years. Rapid urbanization, growing disposable income, and increasing consumption of packaged foods are contributing to market growth. Moreover, the rapid expansion of the retail sector is also supporting the market.

The global e-commerce sector has witnessed a significant growth over the past few years. This has resulted in higher demand for packaging films. In addition, an increase in the number of consumer goods offered by e-commerce retailers is creating a high demand for packaging films. These products are used in the e-commerce market to offer portability, security, and durability.

Food and beverage industry are one of the main end-user industries of flexible packaging. The industry is experiencing a shift toward environmentally friendly packaging formats. Additionally, manufacturers are using innovative technologies such as steam cooking within packaging.

The market is fragmented, with several key players. Nevertheless, the top players in the industry are working on developing innovative solutions at affordable prices to meet the demands of their customers.

Asia Pacific is the largest consumer goods market in the world, offering potential growth opportunities for flexible packaging. Furthermore, the region has a fast-growing population. Increasing per capita income and growing organized retail sectors are further driving the market.

The food & beverages segment is estimated to reach USD 28 million in 2022. Moreover, seafood is expected to remain the leading market, with ongoing consumer demand for case-ready proteins and individually wrapped portions.

The retail industry is projected to be a major driver of the flexible packaging film market in the AP region. Increasing demand for ready-to-eat meals has led to higher demand for safe and environmentally-friendly packaging.

Latin America a Highly Fragmented Market for Packaging Film

The Latin America packaging films market is characterized by high competition and low product differentiation. Technological advancements in the food and beverage segment are driving the demand for packaging films in the region. It helps reduce waste and improve the shelf life of perishable products. Increasing health awareness among consumers is also contributing to the growth of the packaging films market.

In addition, the growing consumer base and the rising retail sales are expected to drive the market. However, increased environmental concerns and focus on reducing plastic packaging may hamper the market’s growth.

Latin America is a highly fragmented market with a large number of regional and international players. Increasing urbanization and increasing consumer spending are fostering the growth of the food and beverage end-user segment. Moreover, the increasing adoption of these films in labelling and lamination is further fuelling the growth of the market.

Among the product types, the retort pouch packaging segment is expected to contribute to the growth of the market. Retort pouches are used to pack food, candies, liquids and other personal care products. As a result, the market for this segment is projected to grow at a significant CAGR.