Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.55 Billion | USD 4.02 Billion | 5.2% | 2023 |
According to the report published by Zion Market Research, the global Metalized Films Market size was valued at USD 2.55 Billion in 2023 and is predicted to reach USD 4.02 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.2% during the forecast period. The report analyzes the global Metalized Films Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Metalized Films industry.
Metalized films are covered with a thin layer of metal, which in most of the cases is aluminum. Other metals that can also be used for the coating are chromium, copper, or nickel metal. The coating provides different parameters such as high barrier properties, higher stiffness, glossy appearance, low permeability, and excellent sealing strength.
There are developments being made in the metalized films among which are the developments of the in-vacuum flexo top-coated metalized film. The lamination and the barrier bond properties are proven out along with different adhesive lamination systems. It is a promising solution for the retort and other demanding flexible packaging applications. It is extremely clean and has no detectable extractable thus helpful in the food industry.
The global market for the metalized films is fragmented into its type, metal type, material type, film type, printing technology, and the end-use.
On the basis of the type, the global market is segregated into gloss voided metalized films, reflective metalized films, transparent metalized films, and voided metalized films.
On the basis of the type of the metal used, the market is categorized into copper and aluminum.
On the basis of the type of the material used, the market is divided into PET, nylon, polycarbonate, thermoplastic polyurethane, PE, PP, polyimide, and others.
On the basis of the film type, the market is bifurcated into multilayer film, three layer film, and two layer film.
On the basis of the printing technology, the market is fragmented into gravure, flexographic, and offset.
On the basis of the end-use, the market is segregated into personal care, automotive/industrial, household products, pharmaceutical, and food products.
Metalized Films Market: Growth Factors
The pharmaceuticals and the food industry require efficient packaging solutions that will help in protecting the products from the surrounding environment this is the key factor that is driving the metalized films market. The metalized films have the same characteristics as that of the aluminum foils and they are a cost effective solution, thus the demand for the metalized films are increasing. The development of the plural metalized layers is trending in the packaging industry; it increases the moisture resistance of the film. If the food material is kept for a longer duration in the metalized films in contact with the UV light colors are emitted in the food items which cause harmful effect on the human health thus limiting the growth of the market.
Report Attributes | Report Details |
---|---|
Report Name | Metalized Films Market |
Market Size in 2023 | USD 2.55 Billion |
Market Forecast in 2032 | USD 4.02 Billion |
Growth Rate | CAGR of 5.2% |
Number of Pages | 201 |
Key Companies Covered | Cosmo Films Ltd., Sierra Coating Technologies LLC, Avery Dennison Corp., Accrued Plastic Ltd., Invico S.A., Taghleef Industries Group, Innovia Films Ltd., Jindal Poly Films Limited, Dunmore Corporation, Flex-Film International BV, Polinas Plastik Sanayi ve Ticaret A.S., Polifilm Group, Manucor S.p.A., and Klöckner Pentaplast Ltd |
Segments Covered | By type, By metal type, By material type, By film type, By printing technology, By the end-use and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The increasing penetration of the metalized films in the food sector owing to the increasing demand for the packaged food products has majorly contributed to the growth of the market. In terms of consumption, Europe and North America have the largest share in the market. The region such as Latin America and Asia Pacific will experience a vast expansion in the market owing to the increasing disposable incomes and the high rate of consumption. There is a wide range of opportunities for the growth of the market in the Middle East and Africa region.
The key market players that are involved in the metalized films market include :
The Global Metalized Films Market is segmented as follows:
By type
By metal type
By material type
By film type
By printing technology
By end-use
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