Metallized Film Market Current Analysis and Forecast (2022-2028)

Metalized films are polymeric films that offer the benefits of both metal and plastic. The metalized films are coated either on one or both sides with a very thin layer of metal. Metalized films are used for a wide range of industrial applications owing to their beneficial properties offered by them such as their reduction of permeability to light, water, and oxygen.

The global metalized film market is expected to register a robust CAGR of around 6% throughout 2022-2028. The primary factor driving the market growth rate is the surge in demand for metallized film from the cosmetics and personal care industries. The increasing demand for metalized films used in the production of ornamental goods and other industrial applications also has a positive impact on the growth of metallized film. Additionally, the frequent product launches and advancements in metallic film technology are attributed to the market growth of metallized film. For example, in September 2020, A new transparent thermal lamination antimicrobial film based on BOPP was developed by Cosmo Films.

Dunmore Corporation, Cosmo first ltd, Avery Dennison corp., Sierra coating technologies LLC, Accrued plastic ltd., Innovia films ltd., Taghleef industries group, Jindal poly films limited, Polifilm group, and Klockner Pentaplast Group are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report:

"Amongst materials, polypropylene segment is estimated to account for the largest share in the market"

Based on material, the market is bifurcated into polypropylene (PP), polyethylene terephthalate (PET), and others. The polypropylene (PP) segment is estimated to account for a significant share of the metalized film market. This is due to the cost-effectiveness of polypropylene metalized films along with the flourishing food & beverage industry is anticipated to fuel the market. Additionally, this film is widely used in the electrical & electronics industry for communication equipment, timing circuit, and filter networks. These factors are the key drivers for the glass fiber metalized film market.

"Amongst metals, the aluminum category is currently the dominant segment of the market"

Based on metal, the market is segmented into aluminum and others. The aluminum metalized film is expected to be the dominant segment during the forecast period. The factor is attributed to the growing usage of aluminum metalized film in packaging for snacks, frozen foods, sweets and pastries, frozen desserts, coffee pouches, and so on. Stand-up pouches allow the printing of high-quality, glossy graphics on the package, which makes them attractive and appealing to customers.

"Amongst end-user, the packaging sub-segment is expected to dominate the market during the forecast period"

Based on the end-use, the market is bifurcated into packaging, decorative, and others. Amongst them, the packaging segment is expected to dominate the market during the forecast period. The market is being driven by factors such as rising consumer demand for packaged food products and their long shelf lives, the popularity of creative packaging, and the usage of metalized films to wrap bouquets, candies, presents, and flowers. Additionally, Taghleef Industries (Ti) increased its presence in Latin America by purchasing Biofilm Company, a renowned producer of metalized BOPP films for labels, flexible packaging, and industrial applications, in January 2019.

"Asia Pacific to witness significant growth during the forecast period"

For a better understanding of the market adoption of the metalized film industry, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia Pacific is expected to show the highest CAGR growth in the metalized film market. This is mainly due to the presence of emerging economies along with the rapid rise of industries that results in the increasing demand for packaging materials. Furthermore, the frequent product launches and the rising adoption of new technology in the region contribute to the market growth of metalized film. For instance, in November 2021, Cosmo Films launched Enhanced Barrier Metalized BOPP film designed for packaging applications with moisture and oxygen barrier properties and metal bond.

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The study includes market sizing and forecasting analysis validated by authenticated key industry experts.

The report presents a quick review of overall industry performance at one glance.

The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.

Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

The study comprehensively covers the market across different segments.

Deep dive regional level analysis of the industry.

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