According to the provided information, the global metalized barrier films market was valued at US$1.9 billion in 2021. It is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2032, reaching a value of US$3.47 billion by the end of 2032.
The expansion of the metalized barrier films market can be attributed to their increasing utilization in various industries, including electronics, food and beverage, personal and home care, and pharmaceuticals. This growth is further driven by the implementation of strict regulations concerning plastic usage. The demand for convenient, ready-to-eat food products that cater to busy lifestyles is also contributing to the market growth of metalized barrier films.
Metalized barrier films offer several advantages, such as chemical inertness, which ensures no interaction with the packaged goods, preserving taste and flavor. These films provide protection against UV radiation, moisture, and oxidation, thereby maintaining the quality and integrity of the packaged goods. Additionally, metalized barrier films present a lightweight and cost-effective alternative to aluminum foil while offering a shiny metallic appearance.
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The market for metalized barrier films is supported by the increasing demand for pouch-packaged ready-to-eat food products and the popularity of microwave cooking. However, it is important to consider limitations as well. In the automotive sector, governments in several countries have imposed strict restrictions on the use of metalized barrier films due to safety concerns. Metallic films applied to car windows can reduce visible light transmission (VLT).
In conclusion, the metalized barrier films market is expected to grow steadily due to the numerous benefits they offer and the rising demand from various industries. However, regulatory limitations in specific sectors, such as the automotive industry, may hinder the overall market growth
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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Key Players:
- Uflex Ltd
- Polyplex Corporation Ltd
- DUNMORE Corporation Ltd
- Jindal Poly Films Ltd
- Bemis Company Inc.
- Amcor Ltd.
- Mondi Group plc
- Henkel AG & Co. KGaA
- SRF Limited
- Forum Packaging
Market Benefits
1.The study provides an in-depth analysis of the global metalized barrier films market along with the current trends and future estimations to elucidate the imminent investment pockets.
2.The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
3.An extensive analysis of the market based on application assists in understanding the trends in the industry.
4.The report presents a quantitative analysis of the market from 2022 to 2032 to enable stakeholders to capitalize on the prevailing market opportunities.
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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
By Region:
- North America
- Latin America
- East Asia
- Europe
- South Asia & Pacific
- Middle East & Africa
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