Vapor Permeability Films Market

Global vapor permeability films market expected to increase over the forecast period. Optimized packaging systems for effective and efficient delivery using flexible packaging globalization, which leads to accelerated growth of imports and exports by manufacturers and companies, is accelerating market growth. The vapor permeability films market provide good shelf appeal and cost-effectiveness properties of the packaging and ensure efficient delivery of the beverages product as compared to rigid packaging. Vapor permeability films are used to seal pallets to protect them from contamination and adverse weather conditions throughout transportation. Advantages of using vapor permeability films within in packaging processes include flexibility, strength, recyclability, and aesthetic look.

Market Scope and Structure Analysis

Vapor permeability films permit prolonged periods, strong sealing capability, printability, and lightweight packaging. These films are lighter to hold and have fewer expenses for the transportation of beverages as compared to rigid packaging. Vapor permeability films are wont to ensure pallets also preserve pallets from contamination and adverse weather during transportation. The advantages of using vapor permeability films within the packaging process include flexibility, strength, recyclability, and aesthetic look.

COVID-19 Impact Analysis

• The COVID-19 crisis is expected to affect the vapor permeability films market negatively, as a result of halted manufacturing and massive reduction in demand for luxury and non-essential services globally.
• The COVID-19 crisis had a mixed impact on the packaging industry, mainly expected to the closure of physical retail stores globally. However, availability of online retailing has gained high impact of this shutdown.
• The requirement for ecommerce specific packaging is expected to remain strong, although ecommerce companies would have to focus on protection of goods and sanitization of packages. 
• In addition, the food packaging industry is leading the global packaging market, driven by demand for essential products such as groceries and fresh food mainly from local retailers. 
• Industrial, transportation, and bulk packaging has led to decline, and owing to decrease in demand for non-essential goods in 2020. 
• Owing to the reduced disposable income of maximum population and weak demand for packaging from industrial goods, the packaging industry might face significant pressure of reduction in both wholesale and retail costs. 
• Consumers are expected to stay hesitant for consumption of luxury products, travel, and hospitality services, which is expected to hinder packaging industry growth in future after the COVID-19 crisis. 

Top Impacting Factors

The factor is driving the demand for vapor permeability films. Low-cost, lightweight, and damage- resistant characteristics of packaging with vapor permeability films are promoting the demand for these in the transportation industry. Rigid packaging is rapidly being replaced by flexible packaging, owing to the latter’s properties such as better barrier resistance, cost efficiency, and light weight packages. Among numerous variants of flexible packaging, shrunken films have several applications throughout the availability chain. The demand for vapor permeability films has been grown significantly within the packaging sector in the upcoming years. The features of vapor permeability films as high barrier resistance and controlled packages have proven to the players in the e-commerce sector to ensure the convenient and effective delivery of products.

Market Trend

• Polyethylene vapor permeability films save on hidden costs of pre- labeled products and expenses on the Universal Product Code. These films also limit utilization of adhesives and need for secondary sleeves for branding. Demand for vapor permeability films has increased in the beverages packaging industry. These films provide a one stop solution for companies that need sustainable and low- cost packaging options with good shelf appeal. 
• The vapor permeability film market in Asia-Pacific is increasing drastically throughout the forecast period. The increase in consumption of alcoholic drinks and rise in demand for ready to drink fruit juices in the food & beverage packaging industry.

Key Benefits of the Report

• This study presents an analytical depiction of the vapor permeability films market along with current trends and future estimations to determine the imminent investments pockets.
• The report presents information related to key drivers, restraints and opportunities along with detailed analysis of the vapor permeability films market.
• The current market is quantitatively analyzed to highlight the vapor permeability films market growth.
• Porter’s five forces analysis illustrates potency of buyers & suppliers in the market.
• The report provides a detailed vapor permeability films market analyzed based on competitive intensity and how the competition will take shape in coming years.

 Vapor Permeability Films Market Report Highlights