The global metallized films market is expected to hit a market value of more than US$ 4 Billion by 2022, and is expected to reach US$ 5.6 Billion expanding at a CAGR of 5% from 2022-2028.
Metallized films, also known as metallized plastic films, are created through a process known as metallization. In this process, a thin layer of metal, typically aluminum, is deposited onto a plastic substrate, such as polyester or polypropylene, using various techniques like vacuum deposition or sputtering. The resulting film exhibits metallic properties, including high reflectivity, barrier properties, and conductivity, while retaining the flexibility and lightweight nature of plastic.
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Challenges in the Metallized Films Market
While the metallized films market continues to thrive, certain challenges need to be addressed for sustained growth. Some notable challenges include:
- Cost Considerations: Metallized films can be more expensive compared to traditional packaging materials. The cost of the metal coating process, coupled with the higher raw material costs, can pose challenges for manufacturers and end-users.
- Recycling and Disposal: While metallized films are recyclable, their recycling infrastructure is not as well-established as that of conventional plastics. Proper disposal and recycling methods need to be developed to minimize environmental impact.
- Competitive Landscape: The metallized films market is highly competitive, with numerous players vying for market share. To stay ahead, companies need to focus on continuous innovation, product differentiation, and strategic collaborations.
Competitive Landscape
Key manufacturers operating in the metallized films market are focusing on producing lighter-weight and sustainable metallized films.
- In 2021, Flex Films launched metallic polyester ultra-high barrier film ‘F-UHB-M’ as Aluminium foil replacement in flexible packaging solutions.
- In 2020, Nobelus launched gilt metallized, a thermal printable film that has a golden lustre to it. The film is expected to cater to the luxury packaging segment.
Key Players:
- Amcor plc
- Uflex Ltd.
- Jindal Poly Films Limited
- Klöckner Pentaplast Europe GmbH & Co. KG
- AR Metallizing N.V.
- Treofan Group
- Cosmo Films Ltd.
- Toray Plastics (America) Inc.
- DUNMORE Corporation
- SRF Limited.
- FILMtech Inc.
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Metallized Films Market by Category
By Material Type:
- Plastic
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Others (PA, PE)
- Metal
- Aluminum
- Others (Copper, Nickel)
By Applications:
- Packaging
- Bags & Pouches
- Tubes & Sachets
- Wrapping & Lidding Films
- Others
- Decorating
- Others
By End Use:
- Food and Beverage
- Pharmaceuticals
- Cosmetics & Personal Care
- Automotive
- Electrical and Electronics
- Others
By Region:
- North America
- Latin America
- Eastern Europe
- Western Europe
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