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Metalized Flexible Packaging Market size was valued at USD 4.76 billion in 2019 and is poised to grow from USD 5.04 billion in 2023 to USD 7.91 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

Competition in the Metalized Flexible Packaging market is expected to increase during the forecast period because new players are expected to enter in the market and the number of products compatible with Metalized Flexible Packaging will also increase. Currently, only a few key players are providing their services in the market but these numbers will increase in the upcoming years. 'Amcor plc', 'Sealed Air Corporation', 'Huhtamaki Oyj', 'Berry Inc.', 'Mondi plc', 'Sonoco Products Company', 'Uflex Ltd.', 'Constantia Flexibles Group GmbH', 'ProAmpac LLC', 'Bemis Company Inc.', 'Winpak Ltd.', 'Glenroy Inc.', 'Rollprint Packaging Products Inc.', 'Schur Flexibles Holding GesmbH', 'Coveris Holdings S.A.', 'Cosmo Films Ltd.', 'Clondalkin Group Holdings B.V.', 'Flex Films (USA) Inc.', 'Innovia Films Ltd.', 'HPM Inc.'

Metalized flexible packaging offers a variety of applications in the packaging industry. Busy lifestyles of consumers has led to the consequent and regular demands of convenient food packaging. This has led to the increase in additives due to decrease in the shelf life of food products. Countering dis metalized flexible packaging helps to extend the product life by decreasing the use of additives. Moreover, increasing shelf life helps in reducing the wastage of food. Along with it, it has the most vital property to act as a barrier to environmental changes.

Consumption of pouch based packaging food has led to the increased demand for metalized flexible packaging. Many research across the globe has proved that pouches have smaller carbon compared to the rigid package. This will open novel revenue generating opportunities for players in the metalized flexible packaging market.

Globally, Asia pacific is estimated to grow with the highest CAGR in Metalized Flexible Packaging market share. Main factors during this growth period is the presence of top market players such as UFlex Limited (India), Jindal Poly Films (India), Ester Industries.

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Global Metalized Flexible Packaging Market

Product ID: SQMIG15G2032

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