Home > Packaging > Packaging Materials > Metalized Flexible Packaging Market
Based on material type, the market is segmented into aluminum foil, metalized films, ALOX/SIOX PP & PET, and others. Metalized films dominated the market in 2023 and are expected to reach over USD 6.5 billion by 2032.
Based on end-use type, the market is segmented into food & beverage, pharmaceuticals, cosmetics & personal care, and others. The food & beverage segment represents the fastest growing segment, with a CAGR of over 5.5% between 2024 and 2032.
The metalized flexible packaging market is experiencing an unprecedent growth in Asia Pacific and is expected to reach USD 7 billion by 2032. The Asia Pacific region is highly lucrative within the metalized flexible packaging solution with the advent of urbanization and industrialization in key countries such as China, Japan, and India. South-East Asian countries are demanding more sustainable packaging option and less waste. Considering the rising challenges in logistics, the countries are developing solutions with lightweight packages and durability to withstand light and heat.
North America is continuously adopting and developing new technologies for the packaged solution requirement. There is a stronger focus on new coating and materials that can serve the purpose of the safety of packaged items and improve the shelf life. To meet the consumers’ demands and regulatory standards, there is a push toward sustainable flexible packaging options for packaging.