The report titled “High Barrier Packaging Films Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period.
Growing awareness levels among consumers regarding environmental issues and growing preferences towards light weight packaging solutions are expected to drive product demand over the coming years. Use of lighter weight packaging solutions offer advantages such as portable packaging and limit waste generation. Additionally, stringent government norms and regulation and shifting trend towards smaller pack packaging purchase is projected to further drive product demand across the globe. Asia Pacific excluding Japan currently holds major market share, owing to the strong economical developments and growing concerns regarding environmental hazards.
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