Global Metalized Flexible Packaging Market is valued at approximately USD 5 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2022-2028. Metalized Flexible films are polymer film that is covered with a thin layer of metal, which is highly adopted for packaging applications. These films are used as blockade components for personal healthcare, food & beverage, and pharmaceutical products. Accordingly, the increasing population and improving economic conditions of developing nations, growing trend of customer-friendly packaging, as well as rising demand for the longer shelf life of products are propelling the market growth across the globe. For instance, according to the World Bank, in 2019, the Global population was accounted for 7.683 billion and which has reached 7.762 billion in 2020. Thereby, the increasing population is propelling the demand for metalized flexible packaging, which, in turn, surges the market growth. However, stringent government norms regarding the raw materials used in food packaging impede the growth of the market over the forecast period of 2022-2028. Also, sustainable and new metalized flexible packaging solutions are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the Global Metalized Flexible Packaging Market study include Asia Pacific, North America, Europe, Latin America and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the growing demand for consumer-friendly, lightweight, and easy-to-handle goods, tied with the rising focus on sustainability, and increasing standards of hygiene. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the changing lifestyles, escalating middle-class population, and rapid growth of end-use industries like healthcare, food & beverages, and personal care would create lucrative growth prospects for the Metalized Flexible Packaging Market across the Asia-Pacific region.
Major market players included in this report are:
Sealed Air Corp
Polyplex Corporation Limited
Transcontinental Inc.
Cosmo Films Ltd.
Amcor Limited
Sonoco Products Company
Mondi Group
Huhtamaki
Ester Industries Ltd.
Clondalkin Industries Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type
Aluminium Foil based Flexible Packaging
Metalized Film Flexible Packaging
By Structure
Laminated Structures
Mono Extruded Structures
Others (Co-Extruded Structures and Insulated Structures)
By Packaging Type
Pouches
Bags
Wraps
Rollstock
Others (Sachets, and Stick Packs)
By End-use Industry
Food
Beverages
Personal Care
Pharmaceuticals
Pet Food
Others (Agriculture, Oil & Lubricant and Consumer Goods)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Metalized Flexible Packaging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors