Global Metalized Flexible Packaging Market Overview
Metalized Flexible Packaging Market Size was valued at USD 5.5 Billion in 2022. The metalized flexible packaging industry is projected to grow from USD 5.81 Billion in 2023 to USD 8.981 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.60% during the forecast period (2023 - 2032). Customers' busy lifestyles and the resulting desire for convenient food packaging are the main market drivers of the metalized flexible packaging market.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Metalized Flexible Packaging Market Trends
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Growing demand for environmentally friendly packaging is driving the market growth
The market for metalized flexible packaging is anticipated to increase in the future due to the rising demand for environmentally friendly packaging. Sustainable packaging is a packaging solutions with a small carbon footprint. Metalized flexible packaging may be recycled and aids in lowering both the amount of waste generated and the carbon footprint. For instance, a business-to-business journal and website located in the UK, Drapers, reported in one of its articles that 64% of UK customers are inclined to buy products from retailers who use eco-friendly packaging, and 50% of people are willing to pay more for sustainable packing and delivery. As a result, rising consumer demand for environmentally friendly packaging is fueling the expansion of the metalized flexible packaging industry.
The industry's expanding potential and rising demand are what are driving the market for metalized flexible packaging. Due to customers' busy lifestyles and the desire for more time-efficient food packaging, the market for metalized flexible packaging has seen a surge in demand. The choice of the solution that best matches flexible packaging results in increased product shelf life and less additive usage. The capacity of metalized materials to increase the shelf life of the products being packaged has led to an increase in their use in food packaging.
The market for metalized flexible packaging has seen a significant rise in product advancements. Major businesses in the metalized flexible packaging industry are concentrating on introducing innovative technologies to improve their market position. For instance, the increased barrier metalized BOPP Film was introduced by Cosmo Films Ltd., an Indian firm that develops specialized films for flexible packaging, in November 2021. The distinctive qualities of this product include extending the packed product's shelf life and assisting in the development of structures made entirely of recyclable materials. The product has been specifically chosen for uses including flexible packaging for lamination, biscuit, snack, bakery, and chocolate packaging and personal care products like shampoo sachets where a moisture barrier is crucial. On the non-metallic side, this film offers a strong heat seal and cold seal adhesive. Thus, driving the metalized flexible packaging market revenue.
Metalized Flexible Packaging Market Segment Insights
Metalized Flexible Packaging Packaging Type Insights
The metalized flexible packaging market segmentation, based on packaging type includes Pouches, Wraps, Bags, Rollstock and Others (Sachets, and Stick Packs). The pouches segment dominated the market. Pouches are more convenient to use and are preferred because of the room they provide for fitting product information and branding. They can be supplied in a broad range of forms to facilitate transporting food products easier. Flat pouches for storing and sampling medicinal supplies are fairly common in medical facilities.
Metalized Flexible Packaging Structure Insights
The metalized flexible packaging market segmentation, based on structure, includes Laminated Structures, Mono Extruded Structures and Others (Co-Extruded Structures and Insulated Structures). The laminated structures category generated the most income. To design packaging materials with a balance of barrier capabilities, robustness, and aesthetic appeal, these structures are necessary. Laminate structures typically consist of several layers of various materials that are joined together in the context of metalized flexible packaging.
Metalized Flexible Packaging Material Type Insights
The metalized flexible packaging market segmentation, based on material type, includes Aluminium Foil-based Flexible Packaging and Metalized Film Flexible Packaging. The aluminium foil-based flexible packaging category generated the most income. Flexible packaging made of aluminum foil is utilized in the packaging of candies and pastries, frozen desserts, frozen dinners, snacks, coffee pouches, and more. It has good thermal & mechanical capabilities, good metal strength properties, and an excellent performance barrier against water vapor & gases.
Figure 1: Metalized Flexible Packaging Market, by Material Type, 2022 & 2032 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Metalized Flexible Packaging End-Use Industry Insights
The metalized flexible packaging market segmentation, based on end-use industry, includes Food, Beverages, Personal Care, Pharmaceuticals, Pet Food and Others (Agriculture, Oil & Lubricant And Consumer Goods). The food category generated the most income. The demand for on-the-go flexible packaging goods in the food and beverage industry has been pushed by changing consumer preferences and working people's hectic schedules. Due to their convenience and portability, food products are the main uses of flexible plastic packaging.
Metalized Flexible Packaging Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American metalized flexible packaging market area will dominate this market. The market for metalized flexible packaging is being driven by consumers' increasingly busy lifestyles and their consequent need for easy food packing. Flexible metalized packaging extends product shelf life while requiring fewer preservatives. Traditional packaging forms are being phased out in the food and beverage industry in favor of lightweight, manageable packaging.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: METALIZED FLEXIBLE PACKAGING MARKET SHARE BY REGION 2022 (USD Billion) Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe metalized flexible packaging market accounts for the second-largest market share. The strong demand for lightweight, consumer-friendly, and easy-to-handle items is the main reason for Europe's large market share. The region's market is primarily driven by an increasing emphasis on sustainability, a greater requirement for shelf life extensions, higher standards of hygiene, and consumer demand for user-friendliness. Further, the German metalized flexible packaging market held the largest market share, and the UK metalized flexible packaging market was the fastest growing market in the European region
The Asia-Pacific Metalized Flexible Packaging Market is expected to grow at the fastest CAGR from 2023 to 2032 because of the escalating climate changes that affect the quality of food and pharmaceuticals. Food packaging that uses metalized flexible material has a longer shelf life in a variety of climates. The growing concern over climate change is expected to cause a significant increase in the demand for metalized flexible packaging throughout the projected period. Moreover, China’s metalized flexible packaging market held the largest market share, and the Indian metalized flexible packaging market was the fastest growing market in the Asia-Pacific region.
Metalized Flexible Packaging Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the metalized flexible packaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, metalized flexible packaging industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the metalized flexible packaging industry to benefit clients and increase the market sector. In recent years, the metalized flexible packaging industry has offered some of the most significant advantages to medicine. Major players in the metalized flexible packaging market are attempting to increase market demand by investing in research and development operations includes Amcor Limited, Mondi Group, Sealed Air Corp, Sonoco Products Company, Polyplex Corporation Limited, Huhtamaki, Transcontinental Inc, Cosmo Films Ltd., and Kendall Packaging Corporation.
Manufacturing both commercial and consumer packaging is the business of Sonoco Products Co. It creates temporary, semi-permanent, and permanent point-of-purchase displays and manufactures, assembles, packages, and distributes them. Sonoco supplies plastic bottles and jars, rigid containers and trays, metal and peelable membrane ends and closures, and wooden, metal and composite wire and cable reels and spools. It offers paper tubes and cores, fiber-based construction tubes and forms, and specially designed expanded foam and paperboard protective packaging and components.
Paper and packaging solutions are provided by Mondi Plc (Mondi). It creates and distributes packaging made of pulp, paper, and flexible plastic. Packaging paper, consumer packaging goods, uncoated fine paper, and specialized products are all part of its range. The business also manages forests, turns packaging paper into industrial bags, and produces specialist extrusion-coated products.
Key Companies in the metalized flexible packaging market include
Metalized Flexible Packaging Industry Developments
March 2020: Huhtamaki acquired whole ownership of its Brazilian joint venture company, Laminor S.A., which manufactures premium tube laminates for a variety of uses, most notably in the field of oral care. The partnership was established in 2002 with the Bemis Company, which is now a part of Amcor. Huhtamaki can now grow its tube laminate business, a crucial component of the Group's flexible packaging lineup, due to the acquisition.
November 2019: Only in India did Constantia Flexible construct the first manufacturing facility worldwide intended to provide recyclable and more environmentally friendly flexible packaging. The EcoLam package family is the one on which production at the facility is concentrated.November 2023:UFlex, an Indian multinational packaging company, launched a new metalized film called Metalynx for food packaging applications. Metalynx is claimed to offer superior barrier properties, printability, and metal adhesion compared to conventional metalized films. December 2023:Huhtamaki, a global packaging solutions provider, launched a new metallized lidding film called ProLid Metal H2O for food packaging applications. ProLid Metal H2O is claimed to offer excellent water vapor barrier properties and is suitable for a wide range of food products.
Metalized Flexible Packaging Market Segmentation
Metalized Flexible Packaging Packaging Type Outlook (USD Billion, 2018-2032)
Metalized Flexible Packaging Structure Outlook (USD Billion, 2018-2032)
Metalized Flexible Packaging Material Type Outlook (USD Billion, 2018-2032)
Metalized Flexible Packaging End-Use Industry Outlook (USD Billion, 2018-2032)
Metalized Flexible Packaging Regional Outlook (USD Billion, 2018-2032)
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia and New Zealand
- Rest of Asia-Pacific
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Turkey
- Israel
- South Africa
- GCC
- Rest of Middle East & Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 5.5 Billion |
Market Size 2023 |
USD 5.81 Billion |
Market Size 2032 |
USD 8.981 Billion |
Compound Annual Growth Rate (CAGR) |
5.60% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Packaging Type, Material Type, Structure, End-Use Industry, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Amcor Limited, Mondi Group, Sealed Air Corp, Sonoco Products Company, Polyplex Corporation Limited, Huhtamaki, Transcontinental Inc, Cosmo Films Ltd., and Kendall Packaging Corporation. |
Key Market Opportunities |
Increase in product developments Growing number of emerging markets |
Key Market Dynamics |
Increased demand for innovative, metalized, ecological packaging options Increase in strategic partnerships |
Metalized Flexible Packaging Market Highlights:
Frequently Asked Questions (FAQ) :
The metalized flexible packaging market size was valued at USD 5.5 Billion in 2022.
The market is projected to grow at a CAGR of 5.60% during the forecast period, 2023-2032.
North America had the largest share in the market
The key players in the market are Amcor Limited, Mondi Group, Sealed Air Corp, Sonoco Products Company, Polyplex Corporation Limited, Huhtamaki, Transcontinental Inc, Cosmo Films Ltd., and Kendall Packaging Corporation.
The food category dominated the market in 2022.
The laminated structures had the largest share in the market.