Sustainable Packaging Trend Lifts Nylon Films for Liquid Packaging Market to US$ 599 Million by 2027

The worldwide market for nylon films utilized in liquid packaging is forecast to increase to US$ 599 million by 2027 from an estimated valuation of US$ 454 million in 2022. This indicates a 5.7% compound annual growth rate (CAGR) over the duration of the prediction. The upward trend can be ascribed to the growing need for effective and environmentally friendly packaging options, especially in the liquid packaging industry. The continued emphasis on innovative materials by the industry is highlighted by this market expansion, with nylon films being essential in satisfying changing packaging requirements and sustaining a stable growth rate.

According to the yearly market analysis conducted by Future Market Insights, the nylon films for liquid packaging market is expected to generate US$ 304 million in revenue in 2022 between the beverage and industrial sectors. The aforementioned data highlights the noteworthy financial influence that these particular end-use industries have on the broader market environment.

The food and drink business in the UK is the largest manufacturing sector, according to the Food and Drink Federation, with a predicted 16% market share in the liquid packaging market for nylon films by 2022. This industry is crucial to the nation’s economy, bringing in a healthy US$ 33 billion a year and being a key link in the US$ 135.4 billion “farm to fork” food chain. Through its economic reporting, the FDF aims to underscore the industry’s economic significance, emphasizing its potential for growth and productivity enhancements on a national scale.

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Market Drivers:

1. Increasing Demand for Flexible Packaging: The need for packaging solutions that are lightweight and flexible has been increasing due to various aspects like portability, sustainability, and convenience. Nylon films are appropriate for liquid packaging because of their flexibility and robustness.
2. Rising Consumer Preferences for Convenience: Consumers are increasingly looking for convenient and user-friendly packaging solutions. Nylon films, with their ability to provide barrier properties and flexibility, can meet the demand for convenient liquid packaging.
3. Technological Advancements: Continuous technological advancements in packaging and film manufacturing processes enhance the performance and affordability of nylon films. Improved barrier qualities, sealability, and compatibility with different liquids are a few examples of innovations.
4. Focus on Sustainable Packaging: As sustainability becomes a more critical concern, manufacturers are exploring eco-friendly packaging options. If nylon films can be produced using sustainable materials or processes, they may gain traction in the market.
5. Growth in End-Use Industries: The growth of industries such as food and beverage, pharmaceuticals, and personal care, which often require liquid packaging solutions, can drive the demand for nylon films.

Market Restraints:

1. Environmental Concerns: Despite their advantages, plastic materials, including nylon, face scrutiny due to environmental concerns. The push for reducing plastic usage and increasing recycling efforts could pose a challenge to the growth of nylon films in liquid packaging.
2. Regulatory Challenges: Stringent regulations related to the use of certain materials in packaging, especially those that come into contact with food and beverages, can impact the adoption of nylon films. Compliance with regulatory standards is crucial for market acceptance.
3. Cost Factors: The cost of manufacturing nylon films may be a limiting factor, especially if more cost-effective or environmentally friendly alternatives are available in the market.
4. Shift Towards Alternative Materials: The market dynamics can change if there is a significant shift towards alternative packaging materials that offer similar or better performance in terms of barrier properties, flexibility, and sustainability.
5. Supply Chain Disruptions: Disruptions in the supply chain, whether due to raw material shortages or other factors, can affect the availability and pricing of nylon films, impacting market stability.

Competitive Landscape

The key manufacturers operating in nylon films for liquid packaging market are focusing on increasing their production capacity to meet the increasing demand for nylon films for liquid packaging. Moreover, the key players are increasing their product portfolio to cater for the growing nylon films for liquid packaging market.

• In January 2021, an international provider of innovative and sustainable films for flexible packaging industry, Jindal Films, has signed an agreement for the acquisition in Italy-based nylon film specialist DOMO Films Solutions Spa (DFS) from private owned group DOMO Chemicals.
• In February 2021, a company known as INDEVCO Plastics, has launches recyclable industrial bags and films that contains up to 50% recycled resin.

The Major Key Players Are:

• Nampak Ltd
• SIG Combibloc Group AG
• Uflex Ltd
• Constantia Flexibles Group GmbH
• Berry Global Group, Inc
• Tetra Pak International S.A.
• DS Smith Plc
• The Mondi Group plc.
• International Paper Company.
• Winpak Ltd.
• Clondalkin Group Holdings B.V.
• Glenroy, Inc
• Polyoak Packaging (Pty) Ltd
• Paharpur 3P
• other

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Nylon Films for Liquid Packaging Market by Category

By Material :

• Nylon 6
• Nylon 6,6
• Nylon 6,12

By Product Type :

• Pouches
• Mono Layer Pouches
• Multi-Layer Pouches
• Bags
• Bag-in-Box
• Bag-in-Tubes
• Others (Bottles, etc.)

By Application :

• Hot Fill Packaging
• ESL (Extended Shelf Life)
• Aseptic Packaging

By End Use Industry :

• Food
• Beverages
• Personal Care & Cosmetics
• Home care
• Industrial
• Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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