The global Vacuum Metallized Films Market stood at US$ 1.97 Billion in the year 2021 and is expected to be worth US$ 3.47 Billion by the end of the year 2032 at a CAGR of 5.3% from 2022 to 2032.
Vacuum Metallized Films are being increasingly used in various end-use verticals like electronics, food & beverages, personal & home care, and pharmaceuticals, especially after stringent regulations being laid down regarding usage of plastics. Also, growing demand for ready-to-eat foodstuff in lieu of busy lifesyles is catalyzing the metalized barrier films market.
The main benefit of vacuum metallic films is that because they are chemically inert, they do not react with packed foods. In this way, the cuisine might maintain its originality in terms of flavour and taste. The films offer defence against oxidation, moisture, and UV radiation.
Vacuum metallized films are an essential part of the packaging industry. They are an excellent substitution for aluminium foil and do produce a glossy metallic appearance. They are also affordable and lightweight.
The popularity of microwave cooking will inevitably increase demand for metalized films in the years to come. Also requested is ready-to-eat food in pouch form. This is yet another factor driving the demand for metalized barrier films.
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Strict restrictions have been established by the governments of numerous nations to regulate the use of metalized barrier films in the automobile industry. Vehicle window glasses with metallic films added are known to be sensitive to VLT decreases (visible light transmission). This aspect could reduce visibility on the roads. These elements can limit the demand for metalized barrier films. In its most recent industry analysis, “Metalized Barrier Films Market,” Future Market Insights has provided insights that walk through these facts.
Key Takeaways from Metalized Barrier Films Market
- North America holds the largest market share due to the US providing successful and cutting-edge medicines across the globe and also growing inclination towards packaged food.
- The EU is led by Germany, as the country is not just home to niche participants, but end-consumers are turning out to be more benevolent regarding health awareness. The rising geriatric population is another factor driving the metalized barrier films market in Germany.
- The Asia-Pacific is expected to grow at the fastest rate in the metalized barrier films market with millennials increasingly turning towards packaged food.
- BOPP metalized barrier films would be used for making capacitors in the electronics vertical.
“Prohibition of plastics is bound to drive the growth of metalized barrier films market in the forecast period”, says an analyst from Future Market Insights.
Competitive Films
- Cosmo Films, in September 2020, came up with a novel BOPP-based transparent thermal lamination antimicrobial film, which, as the name suggests, is effective against germs.
- Amcor has its AmLite in the metal-free packaging technology. AmLite does run on PFM’s Shamal Horizontal machine. It has been amongst the major revenue generators since October 2015.
- Mondi’s BarrierPack range is abreast with higher-performance laminates and films with numerous layers for home & personal care, food & beverages, pet care, and various other FMCG markets.
- Clifton Packaging Group is specialized in ovenable films, printed films, plain films, lidding films, demetalized films, barrier films, metalized films, and thermoform film.
- Bemis bMET from Bemis Company come across as blown, metalized films, which are known for giving 2-ply laminations the advantages of 3-ply films by reducing costs of materials by 20%.
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What does the Report Cover?
- Future Market Insights offers an exclusive perspective and various real-time insights on the metalized barrier films market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
- The research study is based on material (polyethylene, BOPP, polypropylene, aluminum, polyamide, PVDC, EVOH, and likewise), by barrier (low barrier, medium barrier, high barrier, and ultra high barrier), and by end use (food & beverages, pharmaceuticals, electronics, home care, and personal care), and by application (pouches, blister pack base webs, shrink films, stretch wrap films, sachets, and lids).
Metalized Barrier Films Market Outlook by Category
By Material:
- Polyethylene
- BOPP
- Polypropylene
- Aluminum
- Polyamide
- PVDC
- EVOH
- Others
By Barrier:
- Low Barrier
- Medium Barrier
- High Barrier
- Ultra High Barrier
By End Use:
- Food and Beverages
- Pharmaceuticals
- Electronics
- Home Care
- Personal Care
By Application:
- Pouches
- Blister Pack Base Webs
- Shrink Films
- Stretch Wrap Films
- Sachets
- Lids
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definition
3. Key Trends & Success Factor
3.1. Key Trends Impacting the market
TOC to be Continued …
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