Metallized Films Market Size Analysis, Research Study With Toray Industries, Inc, Taghleef Industries Group, Bollore Inc., Polinas

 

Market Overview:

The shortcomings of flexible packaging such as low protection from moisture, gases and other components that can affect the quality of the product have led to the development of highly durable options. Metallized film is one such option which is a polymer film coated with thin layer of aluminum using a physical vapor disposition process. metallized films market is expected to reach US$ 5.7 Bn expanding at a CAGR of 5% from 2022–2028.

Market Drivers and Restraints:

Rapid expansion of packaging industry owing to the high demand for durable product packaging can extend the shelf life of the product and provide protection against various factors such as moisture, air and micro-organisms are resulting in the significant growth of the global Metallized Films Market. Increased demand for metallized films for packaging of food products, beverages, personal care products, pharmaceutical products and electronic equipment is majorly propelling the expansion of the global metallized films market. However, fluctuating prices of the raw materials are likely to hamper the expansion of the global metallized films market during the forecast period.

Market Segmentation:

The global metallized films market is segmented on the basis of metal, material used, application and end-use industry. Based on metal, the metallized films market has been segmented into aluminum, copper, nickel, chromium, and others. Based on material used, the metallized films market has been segregated into PE, PET, PP, nylon, polyimide, polycarbonate, thermoplastic polyurethane, and others. Based on application, the metallized films market has been segmented into flexible packaging, lamination, hot stamping foil, holograms, labeling, electromagnetic blend, thermal insulation, and others. Based on end-use industry, the market has been divided into food & beverage, pharmaceuticals, cosmetics, aerospace, construction, electronics, and others.

Regional Analysis:

Geographically, the Metallized Films Market Size has been segmented into five major regions such as Asia Pacific, North America, Europe, Latin America and the Middle East and Africa. The Asia Pacific region commands the dominant share in the global metallized film market owing to the presence of large number of manufacturers and increasing demand for metallized film in the end-use industries of the emerging economies such as China, India and Southeast Asian countries in this region. rapid expansion of various industrial sectors such as food and beverage, pharmaceutical and aerospace are inducing high demand for metallized films in the North America region, which in turn is propelling the growth of the metallized films market in this region. The Europe region is projecting growth of the metallized films market at a significant rate owing to the increased production and high demand of these films in the rapidly growing pharmaceutical industry in this region. Rise in demand for metallized films in the expanding cosmetic industry is aiding the growth of the metallized films market in the Latin America region. Whereas, food and beverage industry in the Middle East and Africa region is the major utilizer of metallized films, which is leading to the expansion of metallized films market in this region.

Competitive Analysis:

The key players profiled by MRFR that are operating in the global metallized films market are Cosmo Films Ltd (India), Jindal Poly Films Ltd (India), Uflex Ltd (India), Polyplex (India), Toray Industries, Inc. (Japan), Taghleef Industries Group (the U.A.E.), Bollore Inc. (the U.S.), Polinas (Turkey), Ester Industries Ltd (India), and Dunmore (the U.S.). The players in the global metallized films market are focusing on expansion of their businesses by increasing the research and development expenditure with the motive of introducing high quality and innovative products in the global market. Strategic mergers and acquisitions are aiding these players in sustaining the competitive environment of the global metallized films market.

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