The global metallized films market is expected to hit a market value of more than US$ 4 Billion by 2022, and is expected to reach US$ 5.6 Billion expanding at a CAGR of 5% from 2022-2028.
The metallized films market has been experiencing steady growth, with a wide range of applications across industries such as food and beverages, pharmaceuticals, cosmetics, and electronics. These films offer several benefits over traditional packaging materials, including enhanced barrier properties, improved shelf life of products, and increased visual appeal. The demand for metallized films is fueled by their ability to provide excellent moisture and oxygen barrier properties, ensuring the preservation of products and extending their shelf life.
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Growth Drivers for the Metallized Films Market
Rising Demand for Flexible Packaging Solutions
Flexible packaging has gained immense popularity in recent years due to its lightweight, convenience, and cost-effectiveness. Metallized films play a crucial role in the production of flexible packaging, as they offer excellent barrier properties, high printability, and an attractive appearance. The growing preference for flexible packaging solutions in various industries is driving the demand for metallized films.
Increasing Focus on Sustainable Packaging
In an era of heightened environmental awareness, sustainable packaging has become a key focus for manufacturers and consumers alike. Metallized films, with their recyclability and reduced carbon footprint compared to other packaging materials, have emerged as a sustainable alternative. The metallized films market is witnessing growth as more companies adopt eco-friendly packaging solutions to meet consumer demands and regulatory requirements.
Technological Advancements in Metallized Film Production
Advancements in manufacturing processes and technologies have contributed to the growth of the metallized films market. Innovations such as plasma coating and vacuum metallization have improved the efficiency and quality of metallized films, making them more viable for a wide range of applications. These technological advancements have enabled manufacturers to produce metallized films with enhanced barrier properties, better adhesion, and increased flexibility.
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Competitive Landscape
Key manufacturers operating in the metallized films market are focusing on producing lighter-weight and sustainable metallized films.
- In 2021, Flex Films launched metallic polyester ultra-high barrier film ‘F-UHB-M’ as Aluminium foil replacement in flexible packaging solutions.
- In 2020, Nobelus launched gilt metallized, a thermal printable film that has a golden lustre to it. The film is expected to cater to the luxury packaging segment.
Key Players:
- Amcor plc
- Uflex Ltd.
- Jindal Poly Films Limited
- Klöckner Pentaplast Europe GmbH & Co. KG
- AR Metallizing N.V.
- Treofan Group
- Cosmo Films Ltd.
- Toray Plastics (America) Inc.
- DUNMORE Corporation
- SRF Limited.
- FILMtech Inc.
Metallized Films Market by Category
By Material Type:
- Plastic
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Others (PA, PE)
- Metal
- Aluminum
- Others (Copper, Nickel)
By Applications:
- Packaging
- Bags & Pouches
- Tubes & Sachets
- Wrapping & Lidding Films
- Others
- Decorating
- Others
By End Use:
- Food and Beverage
- Pharmaceuticals
- Cosmetics & Personal Care
- Automotive
- Electrical and Electronics
- Others
By Region:
- North America
- Latin America
- Eastern Europe
- Western Europe
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