The worldwide nylon films for liquid packaging market is assessed to esteem at US$ 454 million of every 2022 and is projected to arrive at US$ 599 million by 2027, at a CAGR of 5.7% during the forecast time frame.
Liquid packaging has undergone a significant transformation in recent years, thanks to the advent of advanced materials and technologies. Among the key contributors to this revolution is the application of Nylon Films in liquid packaging. These films offer exceptional strength, flexibility, and barrier properties, making them an ideal choice for a wide range of liquid packaging applications. In this article, we will explore the Nylon Films for Liquid Packaging Market and delve into the various factors driving its growth and the advantages it brings to the packaging industry.
The report gives an itemized standpoint about the continuous changes and headway that are supposed to expand development in the Nylon Films for Liquid Packaging market. With a special methodology and broad information investigation, FMI presents an itemized point of view on the market, key development drivers, dangers and difficulties that market players are probably going to look during the forecast time frame.
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COVID-19 Impact Analysis on Nylon Films for Liquid Packaging Market
Following the outbreak of COVID-19, the packaging industry is expected to witness a moderate growth after a steep fall. Soaring development in various sectors of packaging including the increased R&D activities from the prominent players has led the Nylon Films for Liquid Packaging market in the positive direction. Manufacturers are more focused on the sustainability as a key strategy to maintain their position in the industry during the time of crisis.
FMI provides an extensive information on growth strategies that will aid the players to tackle the impact of pandemic on the global Nylon Films for Liquid Packaging market. This detailed chapter will give the market players information on the market scenario following the outbreak of COVID-19 and its impact on the industry across major regions. With various info graphics and detailed data sets, the market players are provided with market intelligence solutions which are accurate, transparent and reliable for the upcoming decade.
Market Growth and Trends in Nylon Films for Liquid Packaging
The Nylon Films for Liquid Packaging Market has witnessed significant growth in recent years, driven by various factors and market trends. Let’s explore some of the key drivers contributing to the expansion of this market.
Growing Beverage Industry
The beverage industry is experiencing a rapid surge in demand, fueled by changing consumer preferences and the introduction of innovative and healthier drink options. This growth has a direct impact on the demand for liquid packaging solutions, including Nylon Films. From carbonated drinks to fruit juices, Nylon Films are increasingly being utilized for packaging various beverages.
Increasing Demand for Convenience
In today’s fast-paced lifestyle, consumers seek convenience in every aspect, including packaging. Nylon Films offer easy-to-use packaging solutions with features like spouts, resealable closures, and tear strips, making it convenient for consumers to access and consume liquid products. This convenience factor has contributed to the growing popularity of Nylon Films in liquid packaging.
Rise in E-commerce and Home Delivery Services
The rise of e-commerce and home delivery services has significantly impacted the liquid packaging market. With the increasing number of online purchases and doorstep deliveries, the demand for robust and leakage-proof packaging has soared. Nylon Films, with their superior strength and barrier properties, meet these requirements, ensuring safe and secure delivery of liquid products.
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Competitive Landscape
The key manufacturers operating in nylon films for liquid packaging market are focusing on increasing their production capacity to meet the increasing demand for nylon films for liquid packaging. Moreover, the key players are increasing their product portfolio to cater for the growing nylon films for liquid packaging market.
In January 2021, an international provider of innovative and sustainable films for flexible packaging industry, Jindal Films, has signed an agreement for the acquisition in Italy-based nylon film specialist DOMO Films Solutions Spa (DFS) from private owned group DOMO Chemicals.
In February 2021, a company known as INDEVCO Plastics, has launches recyclable industrial bags and films that contains up to 50% recycled resin.
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Nylon Films for Liquid Packaging Market by Category
By Material :
- Nylon 6
- Nylon 6,6
- Nylon 6,12
By Product Type :
- Pouches
- Mono Layer Pouches
- Multi-Layer Pouches
- Bags
- Bag-in-Box
- Bag-in-Tubes
- Others (Bottles, etc.)
By Application :
- Hot Fill Packaging
- ESL (Extended Shelf Life)
- Aseptic Packaging
By End Use Industry :
- Food
- Beverages
- Personal Care & Cosmetics
- Home care
- Industrial
- Others
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