All forms of flexible packaging have some drawbacks of permeability, whereas, at some level, they allow oxygen or other gasses to penetrate through the packaging. To overcome this drawback, packaging solution providers innovated high barrier coatings to prevent the external environmental effects from influencing the internal atmosphere of packaging. These high barrier coatings are basically made of metal or a combination of metal & plastic to achieve barrier properties for particular or general factors, including moisture, gasses, UV rays, heat, etc. The use of metalized barrier film provides chemical manufacturers the ability to reduce carbon emission since the material needed by the films is lesser than rigid packaging. Products which may get spoiled even with the exposure to a little moisture can be stopped with the utilization of metalized barrier film henceforth metalized barrier films are efficient in raising the shelf life of the product in comparison with the other form of packaging.
MARKET DYNAMICS
The metalized barrier films market has witnessed significant growth owing to factors such as wider application in industries such as food & beverages, consumer goods, pharmaceuticals, cosmetics, and others. Metalized barrier films are utilized as a substitute for the aluminum foil owing to its glossy metallic look at fewer prices with reduced weight. The prime factor which is contributing to market growth is the increasing consumption of packaged food products & beverages. The different applications where the metalized barrier films are rapidly adopted in the food and beverages industry include juice powder, malt-based drinks, coffee, ketchup, etc. However, a metalized barrier film is expensive as compared to regular films, which curb out the profits of shifting to flexible packaging from rigid packaging. The metalized barrier film is also non-microwavable, which may further limit the proliferation of the metalized barrier film packaging market. Nevertheless, the innovations in a metalized barrier film to develop new glue applied film bases for labeling and achieving transparency in packaging can provide new opportunities for the metalized barrier film packaging market.
MARKET SCOPE
The "Global Metalized Barrier Films Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the metalized barrier films market with detailed market segmentation by product type, application, material used, and geography. The global metalized barrier films market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metalized barrier films market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global metalized barrier films market is segmented on the basis of product type, application, and material used. On the basis of product type, the metalized barrier films market is segmented into pouches, tray lidding film, wrapping films, and blister packs. The metalized barrier films market on the basis of the application is classified into food & beverages, consumer goods, pharmaceuticals, cosmetics, and others. On the basis of material used, global metalized barrier films market is bifurcated into polyethylene terephthalate (PET), polypropylene, aluminum, polyethylene (PE), and nylon.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global metalized barrier films market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The metalized barrier films market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the metalized barrier films market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the metalized barrier films market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global metalized barrier films market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from metalized barrier films market are anticipated to lucrative growth opportunities in the future with the rising demand for metalized barrier films in the global market. Below mentioned is the list of few companies engaged in the metalized barrier films market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the metalized barrier films market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amcor Limited
- Ampac Holdings LLC.
- Berry Global Inc.
- Clifton Packaging Group
- DUNMORE Corporation Ltd
- Jindal Poly Films Ltd
- Kendall Packaging
- Polyplex Corporation Ltd.
- Toray Industries Inc.
- Uflex Ltd.
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