Global Metalized Flexible Packaging Market Size, Trends, and Analysis - Forecasts To 2026 By Material Type (Metalized Film Flexible Packaging, Aluminum Foil based Flexible Packaging), By Structure (Mono Extruded Structures, Insulated Structures, Laminated Structures, Co-Extruded Structures), By Packaging Type (Wraps, Cartons, Pouches, Bags, Others), By End-Use Industry (Food, Personal Care, Pet Food, Beverage, Pharmaceuticals, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Metalized Flexible Packaging Market: Insights
Metalized flexible packaging films are being used for personal healthcare, food & drink, and pharmaceutical products as barrier materials. Metalized flexible films offer a metallic gloss close to that of a regular aluminum foil for packaging, but at reduced weight and expense. Advancements in metalized packaging include durability, environmental sustainability, no breakage, longer shelf life due to higher barrier capabilities, and lower end-user supply chain costs. Traditional aluminum foil packaging and rigid containers are replaced easily by metalized flexible plastic packaging. The rising demand for consumer packaging and growing concerns about changing consumer preferences are boosting the demand for flexible metal packaging. One of the substantial factors projected to drive the market for metalized flexible packaging is the growing demand for longer shelves of products. Furthermore, initiatives are being taken by the government of many countries around the world and rising standards of hygiene during the expected timeframe.
Metalized Flexible Packaging Market: By Material Type
Metalized film flexible packaging and aluminum foil-based flexible packaging are the numerous types of material in the market. The flexible aluminum foil-based packaging is expected to increase in value over the projected timeframe to retain the largest market shareholder in 2019. In packaging, aluminum foil-based flexible packaging is used for candy and pastries, frozen desserts, frozen meals, snacks, and coffee pouches, among others. It offers an excellent performance barrier against water vapor & gases, good thermal & mechanical characteristics, and good metal strength properties. These factors are expected to fuel the demand for aluminum foil-based flexible packaging.
Metalized Flexible Packaging Market: By Type of Packaging
The metalized flexible packaging market is categorized into wraps, cartons, pouches, and bags, among others, based primarily on the type of packaging. Pouches are simpler to manage and are chosen for the space they offer for product data and branding to fit. To make the transportation of food items simpler, they can be supplied in a wide variety of configurations. In medical facilities, flat pouches used for medical products are often very popular for sampling and storage. Therefore, the leading segment pouches are estimated to expand at a significant CAGR in 2019.
Metalized Flexible Packaging Market: By End-Use Industry
The numerous end-use sectors of the market are food, personal care, pet food, drink, and pharmaceuticals. The food segment is anticipated to lead the market over the projected timeframe. Shifting habits and busy schedules of the working population have driven the market for on-the-go flexible packaging products in the food & beverage industry. Food products are the primary user of flexible plastic packaging, due to their ease and portability. Reducing the quantity of packaging to minimize packaging waste without compromising the quality and hygiene of food products is one of the big developments in the food industry.
Metalized Flexible Packaging Market: By Region
In terms of market share, due to the high demand for consumer-friendly, lightweight, and easy to handle commodities and the growing consumer emphasis on sustainability, the leading market segment is held by the European region. Furthermore, Asia-Pacific is predicted to expand at a high CAGR. The growth of this market is mainly driven by the growing population of the middle class and the rising demand for convenience food has also led to many important factors contributing to market growth. Moreover, the increasing demand for ready-to-eat meals and the growing expansion of numerous end-use industries due to the rising disposable income were also key factors contributing to the growth of the APAC sector.
Metalized Flexible Packaging Market Share & Competitor Analysis
Amcor, Constantia Flexibles, Sealed Air Corp, Cosmo Films, Huhtamaki., Mondi Group, Sonoco, Clondalkin Group, Polyplex Corporation, and Transcontinental Inc. among others are the primary producers competing in the market.
Please note: This is not an exhaustive list of companies profiled in the report.
In March 2020, Huhtamaki successfully acquired Laminor S.A., Brazil which is specialized in high-quality tube laminates in general for oral care applications.
Check the Press Release on Global Metalized Flexible Packaging Market Report
We value your investment and offer free customization with every report to fulfil your exact research needs.
The Global Metalized Flexible Packaging Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Metalized Flexible Packaging Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
80% of our clients seek made-to-order reports. How do you want us to tailor yours?