Global High Barrier Metalized Film Market is segmented By Product Type (Ethylene-vinyl alcohol (EVOH), Polyethylene Terephthalate (PET) Films, Cast Polypropylene (CPP) Films, Others), By End-user (Food & Beverage, Agriculture, Electronic Devices, Pharmaceuticals, Medical Devices, Chemicals, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
High Barrier Metalized Film Market Overview
The Global High Barrier Metalized Film Market is expected to grow at a high CAGR during the forecast period (2024-2031).
High Barrier Metalized Films are flexible polymer(polypropylene) films coated with layer(s) of metal using on one side. The metallic bonds not only provide strength to the film but also gives a metallic appearance. The film acts as a barrier preventing moisture, heat, light, or air to pass through. Thus, it finds its applications in the packaging of goods, foods, textiles and capacitors, and various other industries.
High Barrier Metalized Film Market Summary
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Metrics |
Details |
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Market CAGR |
High |
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Segments Covered |
By Product Type, By End-user, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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High Barrier Metalized Film Market Dynamics
The market is witnessing rising demand for high-barrier metalized film packaging of foods.
Rising demand for packaging of food with high-barrier metalized films
Packaging of foods using high-barrier metalized film increases their shelf life and reduces the use of preservatives considerably. This allows the food to retain its health benefits and also creates a demand not only among people having a busy lifestyle but also among people who are quite a health concern. Another reason why it is becoming increasingly popular is the current pandemic which has compelled people to store food in higher quantities. The food and beverage industry finds this form of packaging very cost-effective compared to traditional forms of packaging like weak and harmful plastics, cans, and glasses.
The rise in demand for plastic packaging
The market is also driven by a surge in the industrial demand for plastic packaging. According to the European plastics association, worldwide plastics production reached about 367 million tonnes for the year 2020, a slight decrease of 0.3% compared to 2019, because of the pandemic. However, the pandemic did not affect production and consumption as was predicted on a global level.
Furthermore, according to the World Economic Forum, plastic packaging material cost has estimated at around USD 80 to 120 billion annually around the globe. This also drives the growth of high-barrier metalized film in the market during the study period.
Innovations in the field
There is a rise in the launch of new innovative and cost-effective films with high metal adhesion for superior barriers and protection for end-use products like pharmaceuticals, food, and beverages, chemicals, etc. For instance, in 2019, Cosmo Films, a global leader in specialty films for flexible packaging, lamination, and labeling applications launched a cast polypropylene (CPP) film for packaging applications requiring high moisture and oxygen barrier and high hot tack properties, e.g., in foods and beverages packing. In another instance, on 2nd October 2018, Flex Films had been launched high-barrier metalized polyester film which provides laminated flexible packaging structures.
Covid-19 Impact on High-Barrier Metalized Film Market Growth
Due to the lockdown imposed, the usage and thus, the demand for certain plastic packaged goods have expectedly increased. The increased use of products like masks, sanitizers, face shields, and other plastic products. Further, city dwellers mainly relied on restaurants for daily food consumption. Thus, the pandemic caused them to shift to packaged pre-processed or case-ready foods. The global consumption of consumer food and beverages has also reduced because of the disrupted supply chain which may cause a decrease in the demand for plastic for packaging. According to plasticeurope.org, worldwide plastics production reached about 367 million tonnes, a slight decrease of 0.3% compared to 2019.
High Barrier Metalized Film Market Segment Analysis
The global high-barrier metalized film market is segmented based on product type, end-user, and region.
In terms of product type the global high-barrier metalized film market is divided into Metallised Polyethylene Terephthalate (MPET) Films, Ethylene vinyl alcohol (EVOH), Cast Polypropylene (CPP) Films, and others. PET films have the highest market share owing to their application in the food and beverages industry. Polyethylene Terephthalate (PET) is an effective water and moisture barrier material, thus finding its use in plastic bottles for soft drinks. For certain specialty bottles, such as those selected for beer containment, PET sandwiches an additional polyvinyl alcohol (PVOH) layer to further reduce its oxygen permeability. Biaxially oriented PET film can be metalized by evaporating a thin film of aluminum metal onto it to reduce its permeability, and to make it reflective and opaque (MPET). These properties are useful in applications like flexible food packaging and thermal insulation. Although the global consumption of food and beverages is facing a slump, as the global economy recovers, the demand will gradually rise to, leading to increased demand for PET films for the forecasted period. According to a report by Business Standard 2019, the
EVOH films have excellent flex-crack resistance and exhibit high resistance to hydrocarbons, oils, and organic solvents. EVOH films have some of the best barrier resistance to gases such as oxygen, nitrogen, and carbon dioxide which makes them particularly suited for packaging pharmaceuticals, cosmetics, and other perishable products. When compared to other common films, EVOH is considered to have superior barrier properties. EVOH film is also widely used in the pharmaceutical industry, as the quality of packaging plays an important role in improving the shelf life of pharmaceutical products and minimizing losses. Due to its gas-resistant and light barrier characteristics, EVOH films for the packaging market are expected to have high demand in the pharmaceutical industry in the forecasted years. As per the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), the pharmaceutical industry was valued at around USD 1,430 billion in 2020 including the usage of EVOH and CPP for the packaging of pharma drugs and medicines. The reason it is not currently as common as PET is that it is more expensive. However, with the rapid growth of the food industry, the demand for EVOH films is likely to increase.
High Barrier Metalized Film Market Geographical Share
The Global High Barrier Metalized film market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa by region. Among all of the regions, the European region is dominated by a high-barrier metalized film market due to the highest consumption in the food and beverage industry and high investment in research and development of high-barrier films for improving its efficiency. Increasing demand in the pharmaceutical industry and the growing application of barrier films in the food and beverage industry will drive the market in the forecasting years. According to a report by the FoodDrinkEurope website, the EU food and beverages industry employs over 4.82 million people and generates over 1.2 trillion pounds. As the food & beverage industry needs packaging with the help of high-barrier metalized film for protection, and to avoid moisture content.
According to plasticsEurope.org, despite the health, social, economic, and financial impacts of COVID-19, China increased its plastics production and market share from 31 to 32%, in accord with the growth of its consumer industries. The North American market share remained stable at around 19% of the global production, while Europe’s production decreased by more than 5%, from around 58 million tonnes to 55 million tonnes, representing a loss of 1 point of market share (from 16% in 2019 to 15% in 2020).
High Barrier Metalized Film Companies and Competitive Analysis
The global high-barrier metalized film market is highly competitive with several international and local markets. Product diversification, revenue generation, and opportunities characterize the market competition. Winpak Ltd., The Mondi Group plc., Toray Plastics, LINPAC Packaging Limited, Schur Flexibles Holding GesmbH, Huhtamaki Oyj, Bischof & Klein GmbH & Co. KG, Celplast Metallized Products Ltd, Berry Global Group Inc., Ampac Holdings LLC., Plastissimo Film Co., Ltd., Amcor Limited, Uflex Ltd, Glenroy, are the leading market players with significant market share. Berry Global Group, Inc, in May 2021, to gain more market share announced a 70 million dollar investment to enhance the growth in the consumer high barrier packaging films primarily for e-commerce, food, and beverage applications. The investment supports innovation in barrier film lines along with infrastructure upgrades and other equipment across multiple sites in the North American manufacturing system. Major players are also receiving launching new technology and advanced high-barrier metalized film for packaging foods and other goods including electronics, medicals, and pharmaceutical products. For instance, on 3rd July 2017, Celplast Metallized Products Limited has been installed an in-line top-coater metallizer for the production of protected high-barrier materials in the flexible packaging and converting industry around the world.
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- Visualize the composition of the global High barrier metalized film market products in terms of ingredient type, and application highlighting the critical commercial assets and players.
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Target Audience2024
- Industry Investors/Investment Bankers
- Suppliers/Buyers
- Education and Research Industries
- Manufacturers
- Research Professionals
- Emerging Companies
- Distributors
