Metallized rollstock film market is likely to record a strong CAGR of 7% during the forecast period. The market is currently valued at US$ 4.5 Billion and is likely to reach US$ 8.27 Billion by 2032.
Packaging material known as “metallized rollstock film” has a metal coating on one side. The purpose of this metal coating, which can be either aluminium or stainless steel, is to act as a barrier between the package’s contents and the outside world. This barrier aids in shielding the contents from potentially damaging environmental elements such as moisture, oxygen, and other environmental conditions. Food packaging frequently uses metallized rollstock film because it can help the food last longer on the shelf.
Based on the material type, the metallized rollstock film market is segmented into PET, OPP, and nylon. Among these, the PET segment is expected to dominate the market during the forecast period, owing to its excellent mechanical and barrier properties.
Geographically, the Asia Pacific region is expected to witness significant growth during the forecast period, owing to the increasing demand for packaged food and beverage products and the growing e-commerce industry in the region.
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In the industrial industry, metallized rollstock film is frequently used in the packaging of goods and products, particularly those that require a longer shelf life. Biaxially oriented polyethylene terephthalate (BOPET), biaxially orientated polypropylene (BOPP), and cast polypropylene are the materials used to make these films (CPP). The availability of metallized rollstock films in a variety of sizes and compatibility with form-fill-seal machines are key sales drivers.
Metallized Rollstock Film Market – Strategic Insights
The need for high barrier packaging contributes to metallized films development. Metallized roll stock films are available in most widely used materials and sizes, and compatible with most form-fill-seal machines. Metallized roll stock film is made up of cast polypropylene (CPP), biaxially-oriented polyethene terephthalate (BOPET) and biaxially oriented polypropylene (BOPP).
These films exhibit a high barrier against oxygen and moisture and find extensive application in the manufacturing sector, particularly for product packaging which requires extended shelf life. The metallized films provide a wide variety of colours for wrapping as well as packaging choices with different sealing and barrier properties. These properties not only provide versatility in design but also increase the protection and quality of products compared to others.
Competitive Landscape:
The global metallized roll stock film market is fragmented in nature with the presence of many formulators. Cosmo Films, Jindal Poly Films Ltd, Uflex Ltd and Toray Plastics Inc. are key players in the market among others. Emphasis is given on the expansion, merger, acquisition and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. For instance, in August 2018, Cosmo films launched the Cast Polypropylene (CPP) metallized film with high metal bonds.
Market Segmentation:
The global metallized roll stock film market has been segmented by product type into BOPET metalized roll stock film, metallized BOPP film, metallized CPP film, polyester film and others. Polyester film segment is expected to dominate the global metallized roll stock film market in near future. It is expected to grow at a CAGR of XX% during the forecast period. Metallised polyester films are in high demand in food & beverages and pharmaceutical sector due to cost-effective packaging solution offered by metallised polyester films.
By geography, Asia Pacific is expected to be the fastest-growing region with a CAGR of XX%. Strong growth can be witnessed in the metallized roll stock film market in the Asia-Pacific region, especially in China, India, and South-East Asian countries. Increase in purchasing power parity and demand from the end-use industries specially packaging and decorative drives the metallized roll stock film market in this region. Moreover, the U.S. is home to a portion of the world’s biggest sustenance-preparing and nourishment administration organizations who are searching for the bundling arrangements which can upgrade the time span of usability of their items. This factor is relied upon to drive the metallized roll stock film showcase in North America.
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Target Audience:
- Metallized Rollstock Film Manufacturers
- Pharmaceutical Industries
- Industry Investors/Investment Bankers
- Education & Research Institutes
- Research Professionals
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