Metallized Film Market to experience an impressive growth of 6.2% during 2020-2025
January 27, 2020
Metallized Film Market is likely to witness an impressive CAGR of 6.2% during the forecast period. End-use industries, such as packaging and decorative drive the metallized film market globally.
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Metallized Film Market Segment Insights:
By Metal Type:
Based on the metal type, the market is segmented as aluminum and others. The aluminum segment is estimated to lead the market in the coming five years. The growth is attributed to the high demand for aluminum in the packaging industry by the virtue of its exceptional properties.
By End-Use Industry Type:
Based on the end-use industry type, the market is segmented as packaging, decorative, and others. The packaging segment is expected to lead the market in the coming five years. This growth is due to the popularity of convenient food and the huge demand for other packaging applications.
By Region:
In terms of regions, Asia-Pacific is expected to register the highest growth in the metallized film market in the coming five years. China and India are the growth engines of the region. The market is driven by the growing disposable income, changing lifestyle, and the high demand from the end-use industries for packaging applications. Europe is estimated to offer substantial growth opportunities during the forecast period.
Key Players:
Some of the metallized film manufacturers are Cosmo Films Limited, Jindal Poly Films Limited, Uflex Ltd., Polyplex Corporation Ltd., Toray Industries Inc., Taghleef Industries, Bollore Inc., and Ester Industries.
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