Future market insights provide important insights into the Metallic Paper Market , Global Industry Analysis 2014-2018 and Opportunity Assessment 2022-2029 in a published report titled ‘: Metallized Paper Market. In terms of revenue, the global metallized paper market is projected to expand at a CAGR of 4.8% during the assessment period due to numerous factors for which FMI provides thorough insights and forecasts .
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Vacmet India Ltd, Pg Paper Company Ltd., Uflex, UPM-Kymmene Oyj, Glatfelter, Lecta SA Polyplex Corp. Ltd is an organized metal paper manufacturer. There are many regional companies projected to contribute to the global metallized paper market during the period 2019-2029.A firm development in the premium brewing and beverage industry
Metallized paper provides elegant and protective properties to packaging products. It is widely used in various fields such as food, beverage, personal care, home care, chemical, banking, etc. A wide range of applications for metallized paper is in labeling. Packaging and labeling of premium spirits and perfumes is growing significantly in demand worldwide. Growth in the premium spirits segment is expected to grow at a steady pace, with a quarter expected to reach ~US$2.1 billion by 2022.
There are many opportunities in Asia Pacific
Geographically, Asia accounts for nearly two-fifths of the global metallized paper market and is expected to support market growth, particularly in East Asia. China and India are the major markets for metallized paper and are expected to grow year-over-year in the coming years.
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Following labeling, the demand for wraps/overlaps is expected to increase at a higher rate in South Asia, boosting the market growth. However, adoption of metallized paper in the food and beverage industry is expected to grow at a slower pace due to a lack of innovation in the sector.
The metallized paper market in South Asian countries such as Indonesia and Malaysia is expected to show a high growth rate compared to other regions. Spain is expected to witness higher growth in the metal and paper market, while Germany is expected to face negative growth due to the imbalance in the metal and paper trade.
Together, Oceania and the MEA region will make up one tenth of the global metallized paper market. Oceania is a developed market for metallized paper and is expected to grow steadily over the next few years. East Africa has witnessed sustained growth of over 6% in GDP for the past three years in a row and likewise, the metallized paper market growth in the region is projected to grow at a CAGR of ~6% over the period 2019-2029.
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