Report  - Global Ethylene-Vinyl Alcohol Copolymer (EVOH) Films Market - 2023-2030

Market As per DMI analysis The Global Ethylene-Vinyl Alcohol Copolymer (EVOH) Films Market is expected to reach at a Significant CAGR during the forecasting period (2024-2031).

The global Ethylene-Vinyl Alcohol Copolymer (EVOH) Films market is experiencing significant growth due to a combination of factors that drive its demand, particularly in the packaging and food sectors.

EVOH's key attributes, such as its excellent gas, moisture, and oil barrier properties, make it an ideal material for multi-layer packaging systems, particularly for food and beverage products. This demand is fueled by the increasing need for longer shelf life and enhanced food safety.

The growing trend towards packaged and processed foods, which often require strict quality control and preservation, is a major factor driving the EVOH market.

The market is also being influenced by technological innovations aimed at enhancing the sustainability of EVOH-based products.

Market Dynamics

Growth of the Food & Beverage Industry

The growth of the food and beverage industry significantly drives the demand for Ethylene Vinyl Alcohol (EVOH), especially due to its exceptional barrier properties that extend the shelf life of perishable products.

As consumer demand for processed, packaged, and convenience foods rises, manufacturers require effective packaging materials to preserve the quality and freshness of their products. EVOH plays a crucial role in this by providing a barrier against oxygen, moisture, and oils, all of which can degrade food products.

For instance, multi-layer packaging systems often incorporate EVOH as a key layer to prevent the infiltration of oxygen, which can spoil food, particularly in ready-to-eat meals, snacks, and beverages. This capability is especially beneficial in packaged food items like processed meats, dairy, and frozen foods, where extended shelf life is critical.

The demand for packaged products that maintain their integrity during long supply chains—particularly for export markets—is further fueling the need for EVOH.

Additionally, as food safety regulations become stricter globally, EVOH's use helps manufacturers meet regulatory standards for packaging. With its ability to prevent contamination and preserve the nutritional value and flavor of food, EVOH is increasingly seen as an essential material in food packaging, reinforcing its importance in the ongoing expansion of the food and beverage industry.

COVID-19 Impact Analysis on Market

COVID-19 has impacted the EVOH film market. Supply chains were disrupted at various points, hampering the overall production of EVOH films for various purposes. Store sales ceased due to stringent government lockdown by government authorities. The transportation ban disrupted the supply of raw materials, which also affected other processes. Due to a lack of resources and skilled labor, manufacturing facilities have halted or closed. However, demand for sustainable product packaging that extends shelf life is anticipated to increase as the economy improves. Since nitrogen, carbon dioxide and oxygen are strongly obstructed by EVOH films, product freshness is maintained. The demand for EVOH packaging is anticipated to rise shortly due to increased packaged food consumption and the development of new packaging ethylene contents like pouches and bags.

Market Segmentation Analysis

By Distribution Channel

Direct Sales

Global Ethylene-Vinyl Alcohol Copolymer (EVOH) Films market for direct sales was valued at US$ XX million in 2023 and is estimated to reach US$ XX million by 2031, growing at a CAGR of XX% during the forecast period from 2024-2031.

The direct sales segment plays a significant role in the growth of the Ethylene-Vinyl Alcohol Copolymer (EVOH) Films market by enabling manufacturers to sell directly to end-users, bypassing intermediaries. This approach allows for greater control over pricing, customer relationships, and supply chain management. As the demand for specialized packaging solutions, especially in the food and beverage, pharmaceutical, and cosmetic industries, increases, direct sales allow EVOH producers to more efficiently cater to these specific needs.

For example, EVOH's excellent barrier properties make it highly suitable for food packaging, especially for perishable goods that require extended shelf life. Direct sales allow manufacturers to establish tailored solutions for large-scale packaging companies, ensuring that the products meet the precise specifications required. In the pharmaceutical sector, direct sales ensure that the packaging used for medications maintains the integrity and shelf life of sensitive products.

Additionally, companies that focus on direct sales often offer value-added services such as custom packaging solutions, which further strengthen their customer base and market penetration. By establishing close relationships with customers through direct sales, EVOH manufacturers can also gather feedback more rapidly, allowing them to innovate and improve product offerings in response to evolving industry trends. This contributes to a more agile market presence, better alignment with customer demands, and increased competitiveness in the market.

Market Geographical Share

The global EVOH films market is classified based on ethylene content, application, end-user and region.

Growing infrastructure development in emerging economies to boost the growth of the global EVOH films market over the forecasted period

Due to rising per capita income, population growth and consumer awareness of food safety packaging, the Asia Pacific market is anticipated to present numerous untapped opportunities. These factors are expected to boost the demand for EVOH films in the global market. China is anticipated to play a key role in driving the market as several manufacturing facilities are available in the country. It is a hub for many healthcare and cosmetic industries that need packaging to ship goods to local or distant markets for sale and distribution. Due to this, the demand for EVOH packaging films is projected to increase during the coming years.

Market Companies

In order to gain a significant market share in the global EVOH films market, manufacturers are focusing on offering strategic mergers, acquisitions and new and existing product developments. Major players operating in the EVOH films market are Mondi Group, Smurfit Kappa Group Plc, Kuraray Co. Ltd, Coveris Holdings S.A., Winpak Ltd., Schur Flexibles Holding GesmbH, Mitsubishi Chemical Holdings Group, FLAIR Flexible Packaging Corporation, Korozo Packaging and Nippon Gohsei.

Smurfit Kappa Group Plc

Overview: The Smurfit Kappa Group plc is engaged in the paper-based and corrugated packaging business. It is a part of the FTSE 100 Index and has been listed on the London Stock Exchange. Smurfit has 350 production facilities across 36 countries and employs over 48,000 globally. The company serves regions that include: the Americas and EMEA. Smurfit serves 24 sectors and its product portfolio includes packaging, BIB packaging, displays, containerboard, paper & paperboard, recycling and packaging machinery.

Product Portfolio:

Bag-in-Box bags: The bags can hold 1.5 to 1000 liters of liquid and come in square or rectangular shapes with right-angled, rounded or delta corners. The selection of Smurfit's extensive film structure satisfies clients' mechanical resistance and oxygen barrier requirements. In the packaging of BIB bags, semi, non-barrier and transparent films are used.

Key Development:

On March 23, 2022, Smurfit Kappa, an Irish company, introduced an EVOH film as a component of its Bag-in-Box solution in March 2021. E Compact 60, the brand name for this 60-micron film, uses less plastic than comparable products. The sustainability, gas resistance and increased customer convenience of this packaging are claimed.

The global EVOH films market report would provide approximately 61 tables, 60 figures and 235 pages