The dietary preferences of urban populations are shifting significantly, leading to a rising reliance on packaged food. In response to this trend, manufacturers are increasingly adopting nylon films, known for their strong barrier properties and superior strength and durability compared to alternative materials. The nylon films for liquid packaging market is expected to grow steadily at a CAGR of 3.4% through 2034.
With the packaging industry evolving rapidly, innovative methodologies are entering the market, enhancing capabilities and offering new promises. Among these innovations, nylon films for liquid packaging are gaining popularity. Major packaging companies are investing heavily in this segment, with market valuation anticipated to reach USD 432.5 million by 2024.
Sustainability is also a critical factor influencing market growth. Advancements in recycling technologies have facilitated the easy disposal of nylon films. As more companies adopt eco-friendly practices to meet the demands of environmentally conscious consumers, the valuation of the nylon films market is projected to surpass USD 604.3 million by 2034.
Key Industry Trends:
- Smart Packaging Technologies: The integration of intelligent sensors, QR codes, and near-field communication (NFC) tags is positively impacting the growth of the liquid packaging market, making packaging not only functional but also interactive.
- Visual Appeal: Nylon films enable sophisticated printing and attractive packaging designs, allowing manufacturers to create effective graphics that convey product quality, authenticity, and brand identity.
- Convenience-Driven Solutions: The demand for on-the-go packaging formats has surged, with consumers increasingly seeking convenient solutions. This trend is boosting sales of nylon films in manufacturing applications.
- Enhanced Aesthetic Appeal: The use of nylon films for liquid packaging allows for sleek packaging and printing, enhancing the overall aesthetic appeal of products and attracting consumers.
Nylon Films for Liquid Packaging Market Overview
Nylon films for liquid packaging are a type of packaging material known for their exceptional strength, flexibility, and barrier properties. They are widely used for packaging liquids of varying viscosities, making them a versatile choice for industries like food and beverages, pharmaceuticals, and chemicals.
The worldwide nylon films for liquid packaging market is expected to be worth approximately US$ 454 million in 2022, with a forecasted growth rate that would see it reaching US$ 599 million by 2027, reflecting a consistent compound annual growth rate (CAGR) of 5.7% over the forecast period.
According to The Food and Drink Federation, the food and drink industry is the UK’s largest manufacturing sector. The U.K. is anticipated to hold market share of 16% in the nylon films for liquid packaging market in 2022. The food and drink industry contributing US$ 33 billion to the economy annually and are a key part of the nation’s US$ 135.4 billion ‘farm to fork’ food chain.
Market Drivers-
- Liquid Packaging Efficiency : Nylon films enhance the efficiency of liquid packaging by providing a durable and flexible material for storing and transporting various liquids, including beverages, chemicals, and pharmaceuticals.
- Barrier Properties : Nylon films offer excellent barrier properties, preventing the ingress of oxygen, moisture, and contaminants, which is crucial for preserving the quality and shelf life of liquid products.
- Food and Beverage Industry : The food and beverage industry relies on nylon films for the packaging of liquid products such as juices, dairy, and sauces, ensuring freshness, flavor, and product safety.
- Chemical Industry : Nylon films are used for packaging various chemicals and industrial liquids, safeguarding against leakage and contamination.
- Pharmaceutical and Healthcare Applications : In the pharmaceutical and healthcare sectors, nylon films are used for packaging liquid medications, ensuring safety, hygiene, and precise dosing.
- Sustainability : The development of recyclable nylon films and the use of environmentally friendly materials align with the growing emphasis on sustainable packaging solutions.
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.
The Major Key Players Are:
- Nampak Ltd
- SIG Combibloc Group AG
- Uflex Ltd
- Constantia Flexibles Group GmbH
- Berry Global Group, Inc
- Tetra Pak International S.A.
- DS Smith Plc
- The Mondi Group plc.
- International Paper Company.
- Winpak Ltd.
- Clondalkin Group Holdings B.V.
- Glenroy, Inc
- Polyoak Packaging (Pty) Ltd
- Paharpur 3P
- other
Access Full Report: https://www.futuremarketinsights.com/reports/nylon-films-for-liquid-packaging-market
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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