Packaging Laminates Market is predicted to reach USD 9.71 billion at a CAGR of 5.50% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Packaging Laminates Market”.

The Packaging Laminates market is estimated to register a CAGR of 5.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Packaging Laminates market— CoverisHoldings S.A, Schur Flexibles Holding GmbH, Amcor Plc., Cosmo Films Ltd., Uflex Ltd., Jindal Poly Firms Limited, ProAmpac LLC, WINPAK LTD, Mondi Group Plc., and Berry Global Group Inc.

Packaging Laminates Market Highlights

The global Packaging Laminates market is expected to register a CAGR of 5.50% during the forecast period and is estimated to reach USD 9.71 billion by 2032.

The market for packaging laminates is driven by the growing need in various sectors for effective and eco-friendly packaging solutions. Environmentally friendly materials and practical packaging that maintains product freshness are prioritized by both consumers and regulatory agencies. Laminates meet these needs because of their adaptability, strong barrier qualities, and potential for recycling. Further propelling the expansion of packaging laminates is the need for dependable and aesthetically pleasing packaging due to the increase in e-commerce and ready-to-eat items. In an ever-changing economy, convenience and sustainable practices are crucial factors.

Segment Analysis

The global Packaging Laminates market has been segmented based on Material, Thickness, application, and end-use.

On the basis of Material, the market is segmented into Aluminium Foil, Paper and Paperboard, Metallized PP, Metallized BOPP, Metallized OPP, Metallized CPP, Metallized PET, Metallized PA, Metallized PE, Metallized PVC, and Others (PVC, EVOH, etc.). Aluminum foil represents the largest market sector in the packaging laminates industry. It is the industry leader because of its exceptional barrier qualities, which shield goods from light, moisture, and pollutants and are essential for maintaining freshness and prolonging shelf life across a range of industries.

Based on Thickness, the global Packaging Laminates market has been segmented into Up to 30 Micron Packaging Laminates, 30-45 Micron Packaging Laminates, 45-60 Micron Packaging Laminates, and Above 60 Micron Packaging Laminates. In 2022, 30-45 Micron Packaging Laminates will be the largest category in the Packaging Laminates market. This section is the best because it strikes a balance between packaging strength and flexibility. This range of laminate thicknesses offers the highest weather resistance while also providing for the flexibility needed for effective packing methods.

Based on the application, the global Packaging Laminates market has been segmented into Aseptic Packaging and Non-Aseptic Packaging. Non-aseptic packaging is the biggest market sector for packaging laminates. This dominance is due to laminates' broad use in a range of non-aseptic packaging applications across sectors. Non-aseptic materials are widely used in the packaging of goods that don't require a sterile environment but do need to be properly protected from external elements including moisture, air, and light.

Based on the end-use, the global Packaging Laminates market has been segmented into Salty Snacks, Confectionery, Tea and coffee, Ready Foods, Meat, Poultry, & Seafood, Fruits and vegetables, Packaging Laminates for Pharmaceuticals, Packaging Laminates for Cosmetics and personal Care, and Others. Packaging laminates for food is the largest segment in the packaging laminates market, with the Ready to Eat Foods and Confectionery sub-segments being the main drivers of this growth.

Regional Analysis

The global Packaging Laminates market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The European Packaging Laminates market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Packaging Laminates market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Packaging Laminates market comprises the Middle East, Africa, and Latin America.

The North American regional sector maintained the largest market share for Packaging Laminates. Due to a well-established food industry and a rising need for convenient, environmentally friendly packaging, North America accounts for a sizeable portion of the global packaging laminates market. The region places a strong emphasis on creative packaging solutions and sustainability, in line with shifting consumer tastes.

Moreover, the European market has been persistently growing over the forecast period. The need for packaging laminates is well-established in Europe because of legislative measures that support recyclable and biodegradable materials and a strong emphasis on environmental sustainability. A thriving food and beverage industry drives the need for effective and appealing laminates.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Owing to its developing food sector, fast urbanization, and growing population, the Asia-Pacific area is a major growth market for packaging laminates. Convenient and aesthetically pleasing packaging solutions are in high demand due to changing lifestyles and rising disposable incomes.

Furthermore, the rest of the world's Packaging Laminates market is divided into the Middle East, Africa, and Latin America. The demand for packaging laminates is expanding throughout the rest of the world, which includes areas like Latin America and the Middle East. This rise is attributed to factors including the demand for sophisticated healthcare packaging and the growing applications of food packaging, which provide laminates with intriguing potential across a range of industries.Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Packaging Laminates Market

Key Findings of the Study

• The global Packaging Laminates market is expected to reach USD 9.71 billion by 2032, at a CAGR of 5.50% during the forecast period.


• The Asia-Pacific region's rapidly growing population, urbanization, rising disposable incomes, and booming food and beverage industry made it the fastest-growing worldwide market.


• Aluminium foil emerged as the prominent material in the market for packaging laminates due to its superior barrier properties, which ensure extended shelf life and freshness for packaged products.


• CoverisHoldings S.A, Schur Flexibles Holding GmbH, Amcor Plc., Cosmo Films Ltd., Uflex Ltd., Jindal Poly Firms Limited, ProAmpac LLC, WINPAK LTD, Mondi Group Plc., and Berry Global Group Inc.