The Global Metalized Flexible Packaging Market- Growth, COVID-19 impact and Forecast (2021-2025)
The Metalized Flexible Packaging market is segmented by Material type (Aluminum Foil Based, Metalized Film); Packaging Type (Pouches, Bags, and Wraps); End-user; Geography (North America, Europe, APAC, and ROW).
Introduction
Metalized flexible packaging is a thin layer of metal, which is generally made of aluminum. They used to provide metallic appearance of an aluminum foil at a reduced weight and cost. These types of flexible packaging are extensively used for decorative purposes and food packaging.
Factors such as technological innovation, sustainability, and demand for longer shelf life of products are some of key reasons that are driving the market
Also, growing demand for packaging solutions across various end-user industries that ensures enhanced protection, handling convenience, and packaging design options are anticipated to drive the market demand.
Despite the current pandemic situation, the end-users of this market is recovering to operate in full capacities from 2021 beginning. Along with this, the increasing demand for metalized flexible packaging for food, beverage, and pharmaceutical applications for product packaging is expected to maximize their opportunities in future.
Table of Contents
Executive Summary
Scope of the report
Research Methodology
Executive Summary
Introduction
5.1 Parent Market/ TAM
5.2 Market Outline
5.3 Market Segmentation
6.Five Force analysis
7.Market Sizing
8.Market segmentation
9.Geographical Landscape
9.1 APAC
9.2 Europe
9.3 North America
9.4 ROW
10.Growth drivers
10.1 Changing lifestyle and rise in disposable income
10.2 Increased demand for longer shelf life of products
11.Key Market Trends
12.Impact of Covid-19
13.Challenges
14.Customer Insights analysis
15.Major Market Players
15.1 Amcor
15.2 Mondi
15.3 Sealed Air
15.4 Sonoco Products Company
15.5 Polyplex Corporation Limited
15.6 Huhtamaki
15.7 Transcontinental
15.8 Cosmo films
15.9 Constantia Flexibles
15.10 Esterindustries
16.Recent Developments
17.Future Scope
18.Strategic Recommendations
Market Overview
The global metalized flexible packaging market is expected to grow to $6 billion by 2025.
Growth momentum is expected to accelerate during the forecast period with a 5.46% CAGR.
Aluminum foil-based flexible packaging dominated the market in 2020 as it offers excellent properties.
APAC is a prominent regional market due to the rapid expansion of end-use industries such as food & beverages, healthcare, and personal care.
Key Trends
Sustainable and new metalized flexible packaging solutions are anticipated to provide lucrative demand during the forecast period.
Increasing investment in the development of new & innovative metalized flexible packaging is propelling the market.
Key Market Players
Some of the key players in the market are Amcor, Mondi Group, Sealed Air, Sonoco Products Company, Polyplex Corporation Limited, Huhtamaki.
The presence of multiple vendors in the flexible packaging market makes it highly competitive. Also, these players are adopting strategies such as product innovation, increasing R&D activities, M&A to sustain their position in the market.
Growth Drivers and Challenges
Changing lifestyle and rise in disposable income is driving the market growth.
Increased demand for the longer shelf life of products is one of the drivers of the market
The need for innovative, customized, flexible packaging is also significantly catalyzing market growth.