Metallized Films Market

Metallized Films Market Outlook (2022-2032)

Global metallized film sales are currently valued at around US$ 2.44 billion. The metallized films market is anticipated to increase at a CAGR of 4.3% to reach a market valuation of US$ 3.72 billion by the end of 2032.

The use of metallized BOPP films is a cost-effective packaging alternative for key end-user industries, and the strength and stiffness of these films make them perfect for wrapping and decoration, resulting in a surge in global metallized polymer film demand.

Report Attributes	Details
Metallized Films Market Size (2021A)	US$ 2.37 Billion
Estimated Market Value (2022E)	US$ 2.44 Billion
Forecasted Market Value (2032F)	US$ 3.72 Billion
Global Market Growth Rate (2022-2032)	4.3% CAGR
North America Market Share (2022)	35.9%
North America Growth Rate (2022-2032)	3.8% CAGR
U.S. Market Growth Rate (2022-2032)	3.8% CAGR
Key Companies Profiled	Cosmo Films Ltd. Sierra Coating Technologies LLC Avery Dennison Corp. Accrued Plastic Ltd. Invico S.A. Taghleef Industries Group Innovia Films Ltd. Jindal Poly Films Limited Dunmore Corporation Flex-Film International BV Polinas Plastik Sanayi ve Ticaret A.S. Polifilm Group Manucor S.p.A. Klöckner Pentaplast Ltd.

Worldwide Metalized Film Consumption Analysis (2017-2021) Vs. Market Forecast Outlook (2022-2032)

Metallized films are polymeric films that have both, metal and plastic properties. A very thin coating/layer of metal is coated on one or both sides of the metallized films. Because of their favourable qualities, such as reducing permeability to light, water, and oxygen, metallized films are employed in a wide range of industrial applications.

Due to favourable product qualities, the metallized films industry is dominating the overall packaging films market, drawing new manufacturers to invest in it. These films protect packed goods from environmental changes, extending their shelf life.

Because of its advantageous features and inexpensive cost, BOPP films are replacing cellophane in areas such as snack and cigarette packaging. BOPP films are available in over 1,000 different variations. Flexible packaging, gift wraps, and decoratives are all made with metallized BOPP films.

Increased demand for metallized BOPP Film in electronics, food packaging, and insulation applications is driving market growth. High demand for electronics and electrical products has resulted in high demand for metallized BOPP films from major electronics industry players, as well as numerous insulation applications, indicating that the worldwide metallized BOPP films market will continue to grow in the future.

Global consumption of metallized films stood at around US$ 2.10 billion in 2017, expanded at a CAGR of 3% and reached a valuation of US$ 2.37 billion in 2021. Some of the most significant product innovations in the global metallized films market occurred during this period.

However, in terms of automation and quality of products, the projection year is expected to bring a big transformation in the product market. Many producers' current short-term goal is to make metallized films more durable and cost-effective.

Expanding at a CAGR of 4.3%, the global metallized films market is projected to increase from a valuation of US$ 2.44 billion in 2022 to US$ 3.72 billion by 2032.

What are the Key Trends Supplementing Metallized Films Market Expansion?

“High Consumption of Metallized Films in Packaging of Daily Consumer Goods”

According to the India Brand Equity Foundation, the country's fast-moving consumer goods market is predicted to reach US$ 220 billion by 2025, up from US$ 110 billion in 2020. Majority of FMCG products are low-cost and necessitate low-cost packaging solutions.

In this industry, metallized films are widely used to package daily consumer goods. As a result, rising investment in this area is likely to shape the sales growth of metallized films market.

“Product Branding Playing an Important Role in Driving Sales of Metallized Films”

Metallized films not only extend the shelf life of a product but also assist consumer goods manufacturers to differentiate their products and gain a competitive advantage. These days, metallized films can be found in graphic applications such as point of sale and signage.

Metallized films add visual attractiveness to a product while also allowing it to stand out in a crowd. Product labels and wraps are two new applications for metallized films that might entice buyers to acquire the products. Because improved branding enhances purchasing, metallized films may be exclusively responsible for increased product sales.

How are Strict Regulations on Automation Film Usage Hampering Market Progress?

“Ban on Use of Automation Films in Some Countries to Hinder Sales Growth of Metallized Films”

Various governments control the usage of metallized films in the automotive industry. Government restrictions differ from one country to the next. Metallized films put on car window glass diminish Visible Light Transmission (VLT), limiting the amount of visible light entering the vehicle.

As a result, several countries have regulations prohibiting the screening of these films for a variety of reasons, including road safety, violence, and so on.

Use of 100 percent black tint window films on all window lenses is prohibited around the world, as these films reduce the motorist's visibility and raise the risk of an accident. For safety concerns, vehicles in nations including Kuwait, Bolivia, Portugal, Belarus, Libya, Iraq, Kenya, and Pakistan should have 100 percent clear films.

Tinted glasses are available from the manufacturer and can be used by drivers. The installation of metallized films on the front windscreen and side windows is prohibited in most European nations, however, the installation of films on the rear windshield and side windows is permitted, provided that the films are certified and licenced for usage in that country.

These rules could limit the expansion of the metallized films business in the automotive industry.

Which is the Most Profitable Regional Market for Metallized Film Manufacturers?

“Presence of Prominent Market Players in North America”

By 2032, the American region, which encompasses North and Latin America, is predicted to account for a significant portion of the worldwide metallized films market.

As opposed to Latin America, the metallized film industry in North America is considered to be more mature, as the area already houses the majority of the sector's major participants.

Currently, North America and Latin America are expected to account for 35.9% and 7.2% of the global market share, respectively.

High use of metallized films in daily product packaging as well as technological advancements in developing nations of the Asia Pacific region is expected to boost sales of metallized films in the Asia Pacific Market. In 2022, Asia Pacific is likely to hold 27.2% of the global market share.

In terms of demand, Europe is the third-largest metallized films market. The market is likely to develop in the future years as the European economy recovers and sales of metallized films rise.

The Registration, Evaluation, Authorisation, and Restriction of Chemical Substances (REACH) regulate the metallized films market in Europe, which monitors and sets rules for environmental protection and preventing health dangers caused by chemicals.

Environmental laws and shifting raw material prices have a huge impact on the growth of metallized films in the European economy. Environmentally friendly products are developed by industries in this region in collaboration with companies in the United States.

The Europe metallized films market is set to enjoy a valuation of US$ 597.4 million in 2022, and is expected to reach a valuation of US$ 925.8 million by 2032.

Country-wise Analysis

How is the United State's Electronic Industry Influencing the Market for Metallized Films?

“Technological Advancements in Electronic Industry Driving Sales Growth of Metallized Films”

The United States metallized films market is currently valued at around US$ 790.1 million, and is anticipated to expand at a CAGR of 3.8% to reach US$ 1.14 billion by 2032.

The electrical and electronic sector in the United States is innovative, competitive, and committed to product development research and development. Silicon Valley has a significant influence on the manufacture and manufacturing of MPET films for electric, magnetic, and optical applications.

Metallized films are used in a variety of applications, including integrated circuits, semiconductors, sensors, and digital displays. As a result of the manufacturing disruption caused by COVID-19, several US-based companies are relocating their production plants to the country rather than leasing them to China.

Will the Indian e-Commerce Sectors Influencing Demand for Metallized Films?

“High Sales of Metallized Films Due to Strong Demand by Food & Grocery-Selling Companies for Packaging”

According to the Indian Institute of Packaging (IIP), the country's packaging usage has increased by about 200 percent in the last ten years. It climbed from 4.3 to 8.6 kg per capita.

Following the introduction of food and grocery delivery apps such as Swiggy, InstaMart, and BigBasket, brick-and-mortar businesses such as Big Bazaar and DMart have launched their online sites, resulting in a shift in consumer purchasing habits.

After the launch of COVID-19, the metallized films market saw an increase in sales via online channels. Consumers can obtain meals and goods delivered without fuss through online channels, while also maintaining social distance.

Category-wise Insights

Why are Polypropylene Films Gaining Immense Popularity?

“High Use of PP Films in Packaging of Daily Food Products to Increase Shell Life”

Currently, PP films are expected to account for 69.1% of the global market share.

The moisture barrier of polypropylene metallized film is good, but the oxygen barrier is low. This film has been metallized to improve barrier qualities and extend the shelf life of packaged goods.

This film is ideal for use in applications restricted by FDA standards due to its chemical resistance and low odour. The usage of polypropylene metallized film in packaging for products with a longer shelf life, such as food, bakery goods, snacks, and candies, is propelling the market forward.

Communication devices, timing circuits, and filter networks all use this film in the electrical and electronics industries. These are the main factors driving the glass ;?ber metallized film industry.

Why are Aluminium Metallized Films Highly Consume by the Food Industry?

“High Demand for Aluminium Metallized Films in Food Industry Due to Their Effective Barrier Quality”

Aluminium, in the metal segment, is expected to account for 60.5% of the global market share, in 2022. During the projected period, the aluminium metallized film is estimated to be the leading segment by metal.

Excellent barrier effectiveness against water vapour and pollutants, great metal strength properties, glossy look, superior lamination strength properties, and outstanding thermal and mechanical properties boost aluminium metallized film sales.

Treats, frozen meals, confectionery and bakery products, ice creams, coffee sachets, and other products are packaged with aluminium metallized film. Stand-up pouches allow for high-quality, glossy graphics to be printed on the box, making it more appealing to customers.

Aluminium metallized film demand is predicted to rise as a result of these factors during the forecast period.

Competitive Landscape

Top metallized polypropylene film manufacturers are concentrating on manufacturing lightweight and longer-lasting metallized films. To increase their market position, key corporations have implemented a variety of growth tactics.

These companies are using expansion, development of new products, mergers and acquisitions, and collaboration as important growth strategies to improve their product range and geographical presence to meet the rising demand for metallized barrier films from developing nations.

• In 2021, Flex Films introduced the 'F-UHB-M' metallic polyester ultra-high barrier film as an alternative to aluminium foil in flexible packaging solutions.

Key Segments Covered in Metallized Films Industry Research

• Metallized Films Market by Metal :

  • Aluminium
  • Other Metals

• Metallized Films Market by Type :

  • Polypropylene
  • Polyethylene Terephthalate
  • Other Types

• Metallized Films Market by End Use :

  • Packaging
  • Decoratives
  • Other End Uses

• Metallized Films Market by Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA