The global metallized flexible packaging market is expected to grow at a CAGR of 4.5% during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including geographical expansion, partnerships, mergers and acquisitions, collaborations, and new product launches, to remain competitive in the marketplace, which is anticipated to positively impact the market growth.
Strategic Initiatives
- In April 2022, Toppan entered into a share transfer agreement with Majend Makcs Co. Ltd. The acquisition will enable Toppan to produce flexible packaging in Thailand for supply to markets in Europe, North America, and Southeast Asia. Moreover, with the greater capacity to manufacture and market more price-competitive packaging materials the company serves its customers across the globe and also strengthens its ability to meet the sustainable packaging needs of global brands and society as a whole.
- In April 2020, Washington-based company TRex, along with PAC, introduced, a 100% recyclable thermal bubble liner, with its CoolPAC line of products. The companies worked together, to convert CoolPAC metallized bubble material into ingredients in its outdoor decking and railing products. The metalized bubble material protects packaged products such as meals, pharmaceuticals, flowers, cosmetics, and chocolates from temperature swings.
- In November 2019, AR Metallizing has signed an agreement to acquire Eurofoil Paper Coating. The acquisition of Eurofoil will support AR Metallizing to enhance the development of new products by utilizing its processing technology, in addition to increasing its share of the metallized paper market in the European region. The company’s metallized paper is largely used as packaging for beverages, food, and daily goods.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Material Type
- By Packaging Type
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Amcor plc, Sealed Air Corp., Huhtamäki Oyj, Mondi plc, and Sonoco Products Co.
Metallized Flexible Packaging Market Report by Segment
By Material Type
- Aluminum
- Chromium
- Nickel
By Packaging Type
- Pouches
- Bags
- Roll Stock
- Wraps
By End User
- Food And Beverage
- Pharmaceuticals
- Personal Care
- Others (Agriculture)
A full Report of Metallized Flexible Packaging Market is Available @ https://www.omrglobal.com/industry-reports/metallized-flexible-packaging-market
Metallized Flexible Packaging Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Apple Converting, Inc.
- Assemblies Unlimited, Inc.
- Cosmo Films Ltd.
- Eagle Flexible Packaging
- Huhtamäki Oyj
- Jarrett Industries
- Kendall Packaging Corp.
- Liquipak Corp.
- Polyplex Corp.
- Storopack Hans Reichenecker GmbH
- Sunflex Packagers, Inc.
- Transcontinental Inc.
- Uflex Ltd.
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Article source: https://article-realm.com/article/Business/60244-Metallized-Flexible-Packaging-Market-to-Signify-Strong-Growth-by-2024-2031.html
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