The metalized flexible packaging market is estimated to be USD 13.5 billion in 2023 and is projected to reach USD 16.8 billion by 2028, at a CAGR of 4.5% between 2023 and 2028. Increasing global population and improving economic conditions of developing countries and rising demand for customer-friendly packaging are the major drivers of the global insulation market during the forecast period.
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Metalized flexible packaging is a type of packaging material that blends the flexibility and versatility of polymer or paper films with enhanced properties achieved through a thin layer of metal deposition. These coated films, which can include combinations like Aluminum-Paper, Aluminum-Paper-Polymer, Aluminum-Polymer, Met PP/PE, and Met PET/PE, serve as effective barriers against light, moisture, and oxygen, safeguarding the contents. The metalized layer, often aluminum, is applied through processes like vacuum metallization or sputtering. Widely used in industries such as food, beverages, pharmaceuticals, and personal care, this packaging not only improves barrier properties but also enhances visual appeal and shelf presence. Ideal for products requiring prolonged shelf life, protection, and an attractive appearance, metalized flexible packaging is recognized for preserving freshness, preventing contamination, and offering a lightweight, cost-effective alternative to traditional rigid materials.
Most manufacturers in this market are based in Asia Pacific, Europe, and North America. Amcor plc (Australia), Mondi Plc (UK), Sonoco Products Company (US), Sealed Air Corporation (US), Huhtamaki Oyj (Finland), Transcontinental Inc. (Canada), Cosmo Films Ltd. (India), Polyplex Corporation Ltd. (India), Uflex Limited (India), Jindal Poly Films Ltd. (India), and others are among the leading players operating in the metalized flexible packaging market. These players have adopted various growth strategies to strengthen their position in the market. This includes product launches, expansions and acquisitions, and new product development activities further to expand their presence in the metalized flexible packaging market.
Amcor plc – Amcor plc stands as a global frontrunner in packaging solutions, delivering an extensive array of innovative products and services to a diverse clientele worldwide. Operating through two distinct business groups, Flexibles and Rigid Plastics, Amcor’s Flexibles division holds a prominent global presence and stands as one of the largest developers and providers of packaging and specialty folding cartons globally. This segment specializes in crafting packaging solutions for a wide spectrum of industries, including food, beverages, pharmaceuticals, medical, home and personal care, among others. Amcor extends its influence across 43 countries through 220 sites.
MONDI PLC – Mondi Group is a worldwide packaging and paper company renowned for delivering inventive packaging and paper solutions across diverse industries. A leading producer in both paper and plastic solutions, Mondi operates through three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper. The company caters to a broad spectrum of industries including fast-moving consumer goods (FMCG), consumer products, e-commerce, retail, automotive, heavy-duty, food service, construction, and agriculture. With a global presence spanning more than 30 countries and 100 production sites, Mondi’s key operations are strategically located in Europe, North America, and Africa.
Sonoco Products Company – Sonoco Products Company, a prominent packaging solutions provider with a global footprint, serves diverse industries such as consumer goods, food and beverage, healthcare, and industrial markets. Operating through Consumer Packaging, Industrial Paper Packaging, and All Other segments, Sonoco manufactures consumer packaging, industrial products, and protective packaging, alongside offering packaging supply chain services. The company is recognized for its innovative and sustainable packaging solutions, meeting the increasing demand for eco-friendly packaging across industries. Within the Consumer Packaging division, Sonoco specializes in creating and selling various packaging solutions, including printed flexible packaging, unique rigid paper containers, thermoformed plastic trays, metal closures, and peelable membrane closures. With 83 manufacturing facilities worldwide, this segment caters to consumer goods markets such as food, processed foods, frozen foods, ready-to-eat meals, pet care products, pharmaceuticals, and household items.
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Sealed Air Corporation – Sealed Air Corporation specializes in delivering food safety, security, and product protection services, operating through two key segments: Food and Protective. The Food segment concentrates on providing integrated system solutions to processors, retailers, and food service operators. These solutions aim to enhance contamination risk management, facility hygiene, and product shelf life through advanced packaging technologies, and streamline merchandising and back-of-house preparation processes. With a robust global presence, the company operates in over 114 countries and boasts 98 manufacturing facilities.
On February 1, 2023, Sealed Air Corporation successfully completed the acquisition of Liquibox, a leading provider of sustainable bag-in-box (BiB) packaging solutions. Recognized for its innovative approach, Liquibox manufactures BiB packaging for various applications, including fresh food, beverages, consumer goods, and industrial markets. Offering a diverse range of standard and customized film options for bag-in-box and pouch packaging, Liquibox employs materials like nylon, metalized polyester, biax nylon/EVOH, aluminum foil, and advanced polyethylene designs tailored for dairy products. Liquibox’s packaging films are engineered for exceptional barriers against oxygen, light, grease, and moisture, with notable flex crack, puncture, and tear resistance. Sealed Air Corporation’s strategic acquisition of Liquibox expands its portfolio of metalized flexible packaging products, leveraging Liquibox’s expertise in metalized polyester and aluminum foil-based films and extending its global reach.
HUHTAMAKI OYJ – Huhtamaki Oyj provides packaging solutions for a range of industries, including food and beverages, personal care and household, and healthcare. Their offerings encompass tailored designs, standardized products, and complete packaging systems. Operating through four business segments—North America, Flexible Packaging, Foodservice Europe-Asia-Oceania, and Fiber Packaging—Huhtamaki serves the cosmetics market specifically through its Flexible Packaging segment. With a robust global presence, the company maintains 114 locations spread across 38 countries.
- On March 2023, Amcor announced a joint research project agreement with Nfinite Nanotechnology Inc., a startup that is developing a rapid, open-air nanocoating platform. The goal of the agreement is to validate the use of Nfinite’s nanocoating technology to enhance both recyclable and compostable packaging.
- On January 2023, Amcor Limited acquired MDK, a Chinese company that provides packaging for medical devices. This acquisition will strengthen Amcor’s leadership in the Asia Pacific medical packaging segment, especially serving China, India, and Southeast Asia markets.
- On August 2022, Mondi Group collaborated with Essity and Dow (US) in order to develop innovative, recyclable secondary packaging for Essity’s feminine care products utilizing post-consumer recycled content and renewable materials.
- On September 2019, Sonoco Products Company introduced EnviroSense, a Sustainable Packaging Development Initiative. Under this initiative, the company developed.
