Metalized Flexible Packaging Market by Material Type (Aluminum Foil Based, Metalized Film), Packaging Type (Pouches, Bags, Roll Stock, Wraps and Others), Application (Packaging, Decoration, Printing & Lamination, Labelling, Insulations), End Use Industry (Food, Beverages, Personal Care, Pharmaceuticals, Pet Food and Others), and Region 2023-2028
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.
Metalized flexible packaging is a polymer film with a metal coating that offers a glossy metallic surface. It is made using materials, such as aluminum, tinplate, tin-free steel (TFS), and stainless steel (SS). It is lightweight, cost-effective, and resistant to light, moisture, water, and oxygen. It is commonly available in various shapes, sizes, and capacities to suit the requirements of the users. It is used to pack and transport products, such as canned food, paint, and aerosol cans. Metalized flexible packaging is also utilized in pet food to preserve textural integrity at lower temperatures and maintain nutritional value.
Metalized Flexible Packaging Market Trends:
Metalized flexible packaging finds extensive application in the food and beverage (F&B) industry for the packaging of food products and drinks. This, along with the escalating demand for ready-to-eat (RTE) food products on account of hectic lifestyles and the expanding purchasing power of individuals, represents one of the major factors strengthening the market growth around the world. The rising consumption of alcoholic beverages like beer is also favoring the market growth. Moreover, the growing environmental awareness among the masses and several initiatives undertaken by the governments of numerous countries are promoting the adoption of sustainable packaging methods to reduce greenhouse gas (GHG) emissions. This, in turn, is contributing to the growth of the market. In addition, metalized flexible packaging is employed in the pharmaceutical industry for the packaging of medicines, medical products, and other supplies to reduce cross-contamination among patients and healthcare professionals. Apart from this, it is used in personal care and cosmetic products, such as deodorants, creams, hair wax, perfumes, and moisturizers, which is providing a thrust to the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global metalized flexible packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material type, packaging type, application and end use industry.
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global metalized flexible packaging market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global metalized flexible packaging market?
What are the key regional markets?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the packaging type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global metalized flexible packaging market and who are the key players?
What is the degree of competition in the industry?
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