Global Metalized Film Flexible Packaging Market, By Structure (Laminated Structures, Mono Extruded Structures, Others), Packaging Type (Pouches, Bags, Wraps, Rollstock, Others), End-Use Industry (Food, Beverages, Personal Care, Pharmaceuticals, Pet Food, Others) - Industry Trends and Forecast to 2029
Market Analysis and Size
Rapid increase in busy lifestyle and desire for convenient food packing increases the demand for Metalized film flexible packaging in the market it also extends the shelf life of products while reducing the need for preservatives. According to the International Trade Policy Division, the Processing equipment and materials with plastic container manufacturers focused on the cleaning and sanitizing products and the personal care industry present significant prospects for American companies. The packaging industry in Mexico is developing due to the demand for higher production requirements and higher quality materials. Flexible packaging, for instance, is used by 63% of food goods and is increasing at a rate of over 10% each year.
Data Bridge Market Research analyses that the metalized film flexible packaging market was valued at USD 1498.00 million in 2021 and is expected to reach USD 2573.84 million by 2029, registering a CAGR of 7.00 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Metalized Film Flexible Packaging is generally a polymer film with a metal coating. Aluminium is the most often utilized metal. However, chromium and nickel are also used for coating. Metals are normally heated in a vacuum to create these films. Metalized films are formed when droplets of these metals condense on polymer films. Metalized flexible films have a polished metallic surface which are highly combustible, and comparable to aluminium foils. On the other hand, these films are considerably thinner than aluminium foils, making them both cheaper and lighter. The extensive adoption of film flexible packaging is due in great part to several technological advancements in the industry.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Structure (Laminated Structures, Mono Extruded Structures, Others), Packaging Type (Pouches, Bags, Wraps, Rollstock, Others), End-Use Industry (Food, Beverages, Personal Care, Pharmaceuticals, Pet Food, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Amcor plc (Switzerland), Mondi (UK), Sonoco Products Company (Us), Sealed Air (US), Huhtamaki (Finland), Transcontinental Inc (Canada), Cosmo Films Ltd (India), Polyplex (India), UFlex Limited (India), Jindal Poly Films (India), Esterindustries.com (India), CLONDALKIN GROUP (Netherlands), Constantia Flexibles (Austria), TAGHLEEF INDUSTRIES GROUP (UAE), DUNMORE (US), celplast metallized product (Canada), Ultimet Films Ltd (US), Accrued Plastic Ltd (UK), All Foils, Inc. (US), SRF Limited (India)
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Market Opportunities
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Metalized Film Flexible Packaging Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Demand for longer shelf life of products
Due to consequent demand for convenient food packaging and busy lifestyle of customers is driving the need for metalized film flexible packaging. Metalized film flexible packaging helps to rise the product life and decrease the use of additives. The use of metalized films in food packaging helps raise the shelf life of the food products, which directly helps reduce the wastage of food.
- Increase in demand due to favourable properties
Metallized films flexible packaging market is leading in the overall packaging films market due to the favorable product properties and attracting new producers to invest in the same market. These films act as a barrier to environmental changes and increase the packed products' shelf life.
- Increase the demand of packaged food
Adopting metalized film flexible packaging which enables food brands to protect the substances against vapour and prevent aroma loss in acidic and alkaline food products is increasing the market. Further, this also helps to maintain good hygiene characteristics, fueled the growth of the metallized flexible packaging market.
Opportunities
- Sustainable and new metalized flexible packaging solutions
Vigorous changes in industry, such as the introduction of new regulatory initiatives, have encouraged manufacturers to create new packaging options. Increasing concerns about the use of bio-degradable metalized film flexible packaging and its impact on the environment have also driven producers to develop ecological packaging options which are safe and secure for use.
- Rise in product innovations
The increasing number of product innovations will boost new market opportunities for the market's growth rate. Various product advancements targeted at improving design and manufacturing processes also aid market expansion. Manufacturers are working on more efficient, reliable, and convenient goods. Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market's growth rate.
Restraints/ Challenges
However, fluctuating price of raw material can affect the manufacturers' productivity, which is restraining the growth of metalized film flexible packaging. The recyclability of metalized film flexible packaging is an ecological and social issue and is also the major challenge which has faced by the packaging industry. Recycling multiple-layer metalized film flexible packaging is difficult because it involves more steps than the mono-layer metalized film flexible packaging. Due to this increase the production expenses and time on this product. These are the major market restrains that will obstruct the market's growth rate.
This metalized film flexible packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the metalized film flexible packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Metalized Film Flexible Packaging Market
The global metalized film flexible packaging market is anticipated to witness a moderate decrease in its growth rate in covid period. The packaging industry observe a substantial drop in its manufacture. However, a rise in the demand for metalized flexible film packaging for pharmaceutical, food, and beverage applications for product packaging. An increase in the demand for metalized film flexible packaging. FMCG companies are demanding more during COVID-19.The demand for film flexible packaging in the pharmaceutical industry, is anticipated to remain vigorous as hospitals, drugs, producers are responding to the crisis. The demand for healthcare, household essentials, and medical goods is not expected to reduce dramatically, and retail distribution for these types of products through online delivery can be likely to grow.
Recent Development
- In November 2021, Cosmo Films Ltd. launched a new product which has named as Enhanced Barrier Metalized BOPP Film in the market. This new film is specially invented for some few applications such as flexible packaging for, packaging of biscuits, lamination, snacks and bakery products.
Metalized Film Flexible Packaging Market Scope
The metalized film flexible packaging market is segmented on the basis of structure, packaging and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Structure
- Laminated Structures
- Mono Extruded Structures
- Others
Packaging Type
- Pouches
- Bags
- Wraps
- Rollstock
- Others
End-User
- Food and Beverages
- Personal Care
- Pharmaceuticals
- Pet Food
- Others
Metalized Film Flexible Packaging Market Regional Analysis/Insights
The metalized film flexible packaging market is analysed and market size insights and trends are provided by country, structure, packaging and end-user as referenced above.
The countries covered in the metalized film flexible packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the metalized film flexible packaging market in terms of market share and revenue and will continue to flourish its dominance during the forecast period. This is due to the rising demand for metalized film flexible packaging in this region. The Asia-Pacific region dominates the metalized film flexible packaging market, with China leading the way in terms of ready-to-eat food, convenience food and processed and semi-processed food and surge in disposable income of film flexible packaging. Due of the ease of convenience food and processed and semi-processed food and surge in disposable income of film flexible packaging, China is leading the Asia-Pacific market.
During the projected period, North America is expected to be the fastest developing region due to high demand for lightweight, increased need for extended shelf life, consumer-friendly and easy to handle products consumer focus on ease of use and increasing standards of hygiene and developing focus on sustainability in this region
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Metalized Film Flexible Packaging Market Share Analysis
The metalized film flexible packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to metalized film flexible packaging market.
Some of the major players operating in the metalized film flexible packaging market are:
- Amcor plc (Switzerland)
- Mondi (UK)
- Sonoco Products Company (Us)
- Sealed Air (US)
- Huhtamaki (Finland)
- Transcontinental Inc (Canada)
- Cosmo Films Ltd (India)
- Polyplex (India)
- UFlex Limited (India)
- Jindal Poly Films (India)
- Esterindustries.com (India)
- CLONDALKIN GROUP (Netherlands)
- Constantia Flexibles (Austria)
- TAGHLEEF INDUSTRIES GROUP (UAE)
- DUNMORE (US)
- Celplast metallized product (Canada)
- Ultimet Films Ltd (US)
- Accrued Plastic Ltd (UK)
- All Foils, Inc. (US)
- SRF Limited (India)
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