What is the global market size of Metalized Flexible Packaging Market?

Global Metalized Flexible Packaging Market size was valued at USD 4.76 billion in 2021 and is poised to grow from USD 5.04 billion in 2022 to USD 7.91 billion by 2030, growing at a CAGR of 5.8% in the forecast period (2023-2030).

Metalized Flexible Packaging Market Size, Share, Growth Analysis, By Application(Packaging, Decoration, Printing & Lamination, Labeling), By Type(Aluminum Foil Based Flexible Packaging, Metalized Film Flexible Packaging.), By Structure(Laminated Structures, Mono Extruded Structures, Others.), By Packaging type(Pouches, Bags, Wraps, Rollstock), By End user(Food, Beverages, Personal Care, Pharmaceuticals), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15G2032 | Region: Global | Published Date: February, 2024
Pages: 273 | Tables: 150 | Figures: 78

Metalized Flexible Packaging Market Regional Insights

Globally, Asia pacific is estimated to grow with the highest CAGR in global Metalized Flexible Packaging market share. Main factors during this growth period is the presence of top market players such as UFlex Limited (India), Jindal Poly Films (India), Ester Industries.

Rapid expansion of End use industries such as food and beverages, healthcare and personal care has led to the expansion of flexible metal packaging in Asia Pacific region. Along with the Asia Pacific region, the European metalized flexible packaging is expected to witness the drastic rise in future years. The key drivers in Europe are growing focus on sustainability, increased need for extended shelf life, raising standards of hygiene and Consumer Focus on ease.

Metalized Flexible Packaging Market Report Snapshots

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Metalized Flexible Packaging Market size was valued at USD 4.76 billion in 2019 and is poised to grow from USD 5.04 billion in 2023 to USD 7.91 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

Competition in the global Metalized Flexible Packaging market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of products compatible with Metalized Flexible Packaging will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'Amcor plc', 'Sealed Air Corporation', 'Huhtamaki Oyj', 'Berry Global Inc.', 'Mondi plc', 'Sonoco Products Company', 'Uflex Ltd.', 'Constantia Flexibles Group GmbH', 'ProAmpac LLC', 'Bemis Company Inc.', 'Winpak Ltd.', 'Glenroy Inc.', 'Rollprint Packaging Products Inc.', 'Schur Flexibles Holding GesmbH', 'Coveris Holdings S.A.', 'Cosmo Films Ltd.', 'Clondalkin Group Holdings B.V.', 'Flex Films (USA) Inc.', 'Innovia Films Ltd.', 'HPM Global Inc.'

Metalized flexible packaging offers a variety of applications in the packaging industry. Busy lifestyles of consumers has led to the consequent and regular demands of convenient food packaging. This has led to the increase in additives due to decrease in the shelf life of food products. Countering dis metalized flexible packaging helps to extend the product life by decreasing the use of additives. Moreover, increasing shelf life helps in reducing the wastage of food. Along with it, it has the most vital property to act as a barrier to environmental changes.

Consumption of pouch based packaging food has led to the increased demand for metalized flexible packaging. Many research across the globe has proved that pouches have smaller carbon compared to the rigid package. This will open novel revenue generating opportunities for players in the global metalized flexible packaging market.

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Metalized Flexible Packaging Market Regional Insights

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