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Barrier Resins Market Size Forecast to Reach $3.3 Billion by 2025


Barrier Resins Market Size Forecast to Reach $3.3 Billion by 2025
High Growth of Barrier Resins for Pharmaceutical & Medical Packaging Driving the Growth of Barrier Resins Market
BriefingWire.com, 1/14/2021 - Barrier Resins Market size is forecast to reach $3.3 billion by 2025, after growing at a CAGR of 5.2% during 2020-2025. The global demand for barrier resins is expected to experience growth with the rising preference for packaged food over unpacked food. The increasing concern of health and hygiene is leading consumers to opt for packaged food which is healthier and less likely to cause adverse effects. Also, the rise in the pharmaceutical packaging industry in developed economies, improved shelf-life of packaged food products, increased urbanization, and evolving lifestyle patterns continue to drive the Food packaging market which is expected to boost the barrier resins industry over the forecast period. ....

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