Metalized Flexible Packaging Market Size

Metalized Flexible Packaging Market Size

Metalized Flexible Packaging Market was valued at USD 13.8 billion in 2023 and is anticipated to grow at a CAGR of over 5% between 2024 and 2032. With the rapid growth in the food & beverages industry, there is an increasing focus on flexible packaging solutions.

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Metalized flexible packaging solution caters to the rising demand for ready-to-eat products such as snacks and convenience food. The packaging solution helps in keeping the food fresh while offering the necessary barrier properties. It ensures that the packaged food & beverages are safe for an extended period.

For instance, in March 2024, Lecta brought Metalvac FP, a metallized paper designed for flexible packaging applications that do not require any specific barrier properties. The product is suitable for final applications such as chocolate and ice cream cone wrappers and other food packaging applications without barrier requirement.

Flexible packaging solutions in the healthcare and pharmaceutical sectors are witnessing a growth with rising requirements among consumers. Flexible packaging is beneficial with respect to the traditional methods of packaging as it is lightweight, requires minimum resource to produce, and involves versatility based on the customers’ requirements. Apart from reducing the environmental impact, the metalized flexible packaging solution supports the companies in reducing the packaging cost.

Companies, such as Cosmo Films, are adapting to the newer form of applied sciences to improve the performance of flexible packaging in the pharmaceutical sector. The focus on R&D powers the innovation capabilities for the creation of advanced materials, including multi-layer films with superior barrier properties, enabling pharmaceutical products to be well-protected against external factors and maintaining efficacy and integrity throughout the entire supply chain.

The metalized films are highly valued in packaging due to their excellent barrier properties for oxygen, moisture, and light but they remain less flexible with respect to the multi-layer barrier films. It is important to check whether the packaged products have pinholes or smaller cracks. The packaged food or beverages need to be kept fresh, and for this, flexible packaging must also adhere to the standards based on the uniformity and thickness of the film layer. Any imperfection in the packaging spoils the lot or reduces the packaging effectiveness.