Metallized films are polymer films covered with a thin metal layer, such as aluminum, giving a glossy metallic appearance like aluminum foil. According to BlueQuark Research and Consulting, the global Metallized films market is expected to grow considerably during the forecasted period. Factors such as the increasing application of metallized film in food packaging owing to its odour and gas barrier properties are anticipated to drive the demand for Metallized Films in the forecast period. Further, the rise in the need for metallized film by the cosmetics and personal care industry is the root cause for fuelling the Metallized films market in the forecasted period. Furthermore, the rising demand for metallized films in manufacturing decorative materials and other industrial applications and the growth and expansion of various end-user verticals in emerging economies will also directly and positively influence the growth rate of the global Metallized film market. However, high costs associated with research and development proficiencies, large-scale availability of alternatives, and strict global trade restrictions will dampen the global market growth rate.
The metallized film is used in several applications such as packaging, decorative, and others.
Metallized films dominate the overall packaging films market due to the favourable product properties and attracting new manufacturers to invest in the same. These films act as a hurdle to environmental changes, increasing the shelf life of the packed product. Metalized films are employed as high-barrier flexible packages to process frozen food, frozen desserts, tobacco, medical instruments, electrical and electronic equipment, food, beverages, textiles, coffee, vegetables, and other products to ensure outstanding quality. Metalized film materials create a durable insulation layer to protect packaged food materials. Aluminum is used in the packaging industry due to it does not rust, is light, and can keep chemicals, moisture, temperature, and air out. The food and drink industry is a big part of the market for metalized film packaging. Manufacturers of food products are putting a lot of money into research and development to find better ways to package their products and lower the costs of making packaging materials. Increasing consumer demand for processed and packaged food items, increasing need for food items with longer shelf lives, increasing demand for customer-friendly packaging, surging demand for metallized films from several end-use industries, and shifting preference for aesthetically appealing products are some of the factors supporting the growth of the market. Many products have a short shelf life which restricts transportation or consumption by the end user. However, metal film packing helps to enhance the same by providing cover from direct life, thereby increasing the shelf life. Further, it helps to reduce the wastage of food. A metallic sheet is also used to enhance the looks of the final product in the case of canned products. Compared to the traditional plastic containers used globally, metal packaging is light in weight which is another advantage and helps to reduce transport and storage costs. Metal-based packaging offers good barrier properties and is a closure material for glass bottles and composite cans. There has been significant growth in the food & beverage industry, and the same is expected to grow at a faster rate. This would boost the demand for a metallized film as it is widely used in food and beverage packaging.
The North American region (the US, Canada, and Mexico) holds the highest metallised film market share. Europe and Asia Pacific then follow this rank. Rising demand for environmentally friendly products and packaging has initiated many regional governments to lay rules, norms, and restrictions to curb the damage to natural resources and the environment. This, in turn, has helped to reduce chemical hazards caused by plastic waste and led to the increasing use of metalized films. With growing exports from all sectors of the European Union, including countries like Germany, the UK, Italy, and others, Europe has a large share of the world market. Some things driving the growth of the food service industry and, therefore, the need for better packaging solutions are more people living in cities, less free time, and more money in their pockets. Dine-out has also seen a shift toward online food delivery and take-out, which has increased the need for different types of food packaging. In addition, these films possess electrical properties, such as thermal insulation for cryogenic applications and multilayer insulation film blankets, making them widely applicable for satellite and spacecraft applications. The increasing demand for personal care products drives the need for a metallized film from the cosmetics industry. The metallized film is used in cosmetics packaging applications such as compacts, lipsticks, and powders. The electronics industry is the third-largest end-use industry for metallized film. The growing demand for electronic devices drives the need for a metallized film from the electronics industries. The metallized film is used in electronics packaging applications such as capacitors and batteries. Flexible electronics offer advantages in terms of developing thinner, fighter, and conformable devices due to their design versatility and portability, flexible electronics such as organic light emitting devices and organic thin-film solar collies are increasingly used. The metals used in these electronic devices are reactive and sensitive to water vapour. These devices need to be well-protected from water vapour to avoid deterioration due to the reaction with water vapour. Metallized films are increasingly being used in the electronics industry. More than 50% of the time, capacitors are manufactured by BOPP metalized films, as they offer high electrostatic capacitance, low dissipation factor, high dielectric constant, and low self-heating characteristic BOPP film used in capacitors have significant growth opportunities due to their increasing applications in various industries such as consumer electronics, energy & power, automotive, locomotive, and ethers. Metallized films, especially metallized PET films, are used in spacesuits to reflect heat radiation and keep astronauts warm. They are also used in proximity suits used by firefighters for protection from the high heat released from fuel fires. Aluminized emergency blankets, also known as space blankets, are also used to conserve the body heat of a shock victim. Further, metallized PET films are used as an antistatic container for other heat and sound-insulating materials used in aircraft. Thus, the rising usage of metallized films for insulation applications drives market growth.
The market players are Taghleef Industries LLC, Bollore Inc ., Plastic Polinas, Ester Industries Ltd ., and Dunmore Corporation.
In February 2023, Surya Global Flexifilms Private Limited announced that the company had purchased three Expert K5 2900 metallizers that will enable the company to produce metalized BOPP film, including AluBond coated film using Bobst state-of-the-art technology. All three metallizers are expected to be up and running by the end of 2023.
In February 2022, Land Science Buildwell LLP, a division of Regenesis, announced that they had developed a unique contaminant vapour barrier solution that leverages the beneficial properties of metalized film to diffuse contaminant gases. The newly patented design encapsulates the metalized film in an advanced composite membrane that protects it against corrosion.
The Global Metallized Films Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the market by segmenting it based on Metal type (Aluminum, Copper, and others), Film type (Polypropylene, Polyethylene Terephthalate, and others), End-user Industry (Packaging, Electrical & Electronics, Decorative, and other end-user industries), and Geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The research examines emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched sections on the competitive landscape with prominent companies and profiles, including their market shares and projects.
Global Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
North America Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
United States Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Canada Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Mexico Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Europe Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
United Kingdom Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Germany Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Other Supporting Charts
Italy Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
France Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Spain Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Rest of Europe Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
South America Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Brazil Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Argentina Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Rest of South America Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Asia-Pacific Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
China Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
India Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Japan Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
South Korea Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Rest of Asia-Pacific Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Middle East & Africa Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Saudi Arabia Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
South Africa Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028
Rest of Middle-East & Africa Metallized Films Market Size, Market Growth & Market Forecast Revenue(in USD million), 2018-2028