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Metalized Flexible Packaging Market Trends

  • Report ID: GMI10243
  • Published Date: Jul 2024
  • Report Format: PDF

Metalized Flexible Packaging Market Trends

The rising concerns about the packaging of the products show that there is an increasing demand for new design and development of the packaged products, ensuring safety during their shelf-life cycle. Organizations are working on and developing new materials to provide a flexible packaging option for addressing the customers’ needs and aesthetic appearance as well. They are looking for materials that are easier to recycle in comparison to other multi-layer films. The mono materials structure or the homogeneity helps in simplifying the process of recycling and making it environment friendly.
 

For instance, in January 2024, Saica Flex, Saica Group’s division for flexible packaging, successfully developed a new mono-material, metalized structure. This cutting-edge development was designed to cater to a wide variety of products. Saica Group's flexible packaging division has successfully developed a new metallized MonoPE triplex structure; a mono-material pack, with a premium metallized appearance, high barrier, versatile, and adapted to customer needs.
 

There is a rising shift toward circular economy wherein the products used for making packages are reused and recycled easily. Ecofriendly packages are gaining momentum, serving the purpose of keeping the items safe and reducing the burden on environment. Developing materials to withstand heat and other related factors in order to improve the shelf life of the concerned product is the current requirement of various food and non-food sectors. For instance, in June 2024, Parkside Flexibles announced the expansion of the existing portfolio of sustainable flexible packaging options with the introduction of a new recyclable metalized barrier paper solution. The new paper range offers enhanced printability, heat resistivity, and barrier performance from moisture, light, and oxygen, which can spoil the products.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for metalized flexible packaging was USD 13.8 billion in 2023 and will exhibit 5% CAGR from 2024 to 2032, attributed to growing consumer demand for convenient, lightweight, and sustainable packaging solutions.

Metalized flexible packaging industry from the food & beverage segment will witness 5.5% CAGR through 2032, owing to the rising demand for extended shelf life, superior barrier properties along with increasing consumer preference for sustainable and lightweight packaging solutions.

Asia Pacific industry will reach USD 7 billion by 2032, fueled by rapid industrialization, urbanization, and rising disposable incomes along with the booming food & beverage industry.

Major firms operating in metalized flexible packaging market are Amcor Plc, Mondi Group, Sealed Air Corporation, Mondi Group, Huhtamaki Group, and Sonoco Products Company, among others.

Metalized Flexible Packaging Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 348
  • Countries covered: 21
  • Pages: 220
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