Overview and Scope
Metalized flexible packaging is the packaging process that uses thin layers of metals or metal-mounted packaging materials to pack products whose shape can be changed during packaging. The metalized flexible packaging is used in packaging products that are sensitive to light and to increase product shelf life.
Sizing and Forecast
The metalized flexible packaging market size has grown rapidly in recent years. It will grow from $5.86 billion in 2023 to $6.62 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The growth in the historic period can be attributed to market penetration in diverse industries, impact of regulatory standards, rise in convenience packaging demand, innovation in sustainable packaging solutions, expanding pharmaceutical sector usage.
The metalized flexible packaging market size is expected to see rapid growth in the next few years. It will grow to $10.88 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be attributed to growing demand for sustainable packaging, expansion in e-commerce and home delivery services, shift towards convenience and on-the-go packaging, increasing utilization in personal care products, rise in ready-to-eat food products. Major trends in the forecast period include shift towards smart packaging technologies, demand in personal care and cosmetics, adoption in pharmaceutical and healthcare sectors, innovation in convenience features, eco-friendly packaging solutions.
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Segmentation & Regional Insights
The metalized flexible packaging market covered in this report is segmented –
1) By Material Type: Aluminum Foil-Based Flexible Packaging, Metalized Film Flexible Packaging
2) By Packaging Type: Bags, Pouches, Wraps, Rollstock, Other Packaging Types
3) By Application: Packaging, Decoration, Printing And Lamination, Labelling, Insulations
4) By End-Use Industry: Food, Beverage, Personal Care, Pharmaceuticals, Pet Food, Other End-Use Industries
Asia-Pacific was the largest region in the metalized flexible packaging market in 2023. The regions covered in the metalized flexible packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand for sustainable packaging is expected to propel the growth of the metalized flexible packaging market going forward. Packaging solutions that have minimal environmental impact and footprint are referred to as sustainable packaging. The metalized flexible packaging can be recycled and helps in reducing solid waste and the carbon footprint. For instance, according to an article published by Drapers, a UK-based business-to-business magazine and website, 64% of UK customers are likely to make purchases from merchants who use eco-friendly packaging and 50% of people are willing to pay more for sustainable packaging and delivery. Therefore, increasing demand for sustainable packaging is driving the demand for the growth of the metalized flexible packaging market.
Key Industry Players
Major companies operating in the metalized flexible packaging market report are Polinas Group, Dow Packaging & Specialty Plastics LLC, Amcor Limited, Berry Global Group Inc., Mondi Group, Sonoco Products Company, Sealed Air Corporation, Transcontinental Inc., Verso Corporation, Jindal Poly Films Limited, AR Metallizing N.V., Toray Plastics Inc., Celplast Metallized Products Limited, Constantia Flexibles Group GmbH, Cosmo Films Ltd., Dunmore Corporation, Ester Industries Ltd., Flex Films Inc., Huhtamäki Oyj, Impex Global LLC, Klöckner Pentaplast GmbH, Nissha Co Ltd., Polibak Plastik Film Sanayi Ve Ticaret A.S., Polyplex Corporation Limited, Taghleef Industries, Treofan Germany GmbH & Co KG, Tri-Wall Europe Limited, Uflex Limited, UPM-Kymmene Oyj, Vacmet India Ltd.
The metalized flexible packaging market report table of contents includes:
1. Executive Summary
2. Metalized Flexible Packaging Market Characteristics
3. Metalized Flexible Packaging Market Trends And Strategies
4. Metalized Flexible Packaging Market – Macro Economic Scenario
5. Global Metalized Flexible Packaging Market Size and Growth
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32. Global Metalized Flexible Packaging Market Competitive Benchmarking
33. Global Metalized Flexible Packaging Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Metalized Flexible Packaging Market
35. Metalized Flexible Packaging Market Future Outlook and Potential Analysis
36. Appendix
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