IMARC Group, a leading market research company, has recently releases report titled “Metalized Flexible Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global metalized flexible packaging market size reached US$ 5.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.22% during 2023-2028.
What are Metalized flexible packaging?
Metalized flexible packaging represents polymer films coated with a thin layer of metals used for packaging applications. They are made utilizing tinplate, aluminum, tin-free steel (TFS), and stainless steel (SS), and can be categorized into pouches, bags, wraps, roll stock, etc. Metalized flexible packaging products are lightweight and extremely resistant to light, water, moisture, and oxygen. They aid in packing and transporting numerous items, such as canned food, medicine, paint, etc., without impacting their textural integrity and quality. As a result, metalized flexible packaging solutions find extensive utilization across several sectors, including food and beverages (F&B), personal care, pharmaceuticals, pet food, etc.
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What are the growth prospects and trends in the Metalized Flexible Packaging industry?
The inflating demand for packaged and ready-to-eat food items and the growing need for effective packaging materials in the F&B segment are among the key factors driving metalized flexible packaging market. Additionally, the increasing consumption of alcoholic beverages is acting as another significant growth-inducing factor. Apart from this, the escalating environmental awareness among the masses and the launch of various favorable policies by government bodies aimed at promoting the adoption of sustainable packaging methods for reducing greenhouse gas (GHG) emissions are also positively influencing the market across the globe. Moreover, the rising product employment in the pharmaceutical industry to pack medicines and other supplies to eliminate cross-contamination among healthcare professionals and patients is further stimulating the market growth. In line with this, the elevating product usage to package hair wax, perfumes, moisturizers, creams, etc., in the personal care and cosmetic sector is expected to propel the metalized flexible packaging market in the coming years.
Metalized Flexible Packaging Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Amcor plc
- Celplast Metallized Products Limited
- Cosmo First Limited
- DUNMORE Corporation
- Huhtamäki Oyj
- Kendall Packaging Corporation
- Nissha Co. Ltd.
- Polyplex Corporation Limited
- Sonoco Products Company
- Transcontinental Inc. and UFlex Limited.
What is included in market segmentation?
Breakup by Material Type:
- Aluminum Foil Based
- Metalized Film
Breakup by Packaging Type:
- Pouches
- Bags
- Roll Stock
- Wraps
- Others
Breakup by Application:
- Packaging
- Decoration
- Printing & Lamination
- Labelling
- Insulations
Breakup by End Use Industry:
- Food
- Beverages
- Personal Care
- Pharmaceuticals
- Pet Food
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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