Metallized Film Laminates Market

Metallized film laminates: Significance

Metalized film laminates have grown as an indispensable part of the packaging industry, and over the coming decade it is likely to gain significant responsiveness of manufacturers end owing to the upsurge in demand for the packaging of products such as foods & beverages, pharmaceutical and consumer goods. Metalized film laminates are the mainly polymer resins coated with a gentle layer of metal, usually aluminum, silver and tin. The films used of metal deposition include PET (Polyethylene Terephthalate), PE (Polyethylene), PP (Polypropylene), OPP (Oriented Polypropylene) among others.

Over the years, metalized film laminates have emerged as a nearest substitute of foil packaging and offers a lustrous metallic look at a reduced cost and weight. One the key reasons for popularity of metallized films are that they provide a metal like finish to paperboard or paper packaging. When metallization is done in films it improves oxygen barrier properties of the film such as up to 50x for OPP films and 10x for PET films. Metallized films laminates are also used in manufacturing and coating of flexible as well as rigid packaging solutions.

Global Metallized Film Laminates Market: Segmentation

The global metallized film laminates market has been segmented as follows –

On the basis of material, the global metallized film laminates market has been segmented as follows –

• Aluminum
• Silver
• Polyethylene terephthalate (PET)
• Polyethylene (PE)
• Polypropylene
• Nylon
• Others

On the basis of product type, the global metallized film laminates market has been segmented as –

• Pouches & Sachets
• Bags
• Wrapping films
• Lidding film
• Blister packs

On the basis of end use industry, the global metallized film laminates market has been segmented as –

• Food and Beverages
• Pharmaceutical
• Cosmetics & Personal Care
• Consumer goods
• Others

Global metallized film laminates market: Key Players

Some key players that currently operate in metallized film laminates market across the globe can be segmented into three tiers based on their market share as follow-

• Tier 1 (includes market leaders with a market share of more than 3%)
  • Toray Industries, Inc.
  • API Group
  • Berry Global Inc.
  • Bemis Company, Inc.

• Tier 2 (includes market players with a market share above 1% and below 3%)
  • Sierra Coating Technologies LLC
  • Triton International Enterprises
  • Celplast Metallized Products
  • Ampac Holdings, LLC.
  • Ester Industries Limited
  • Uflex Ltd.

• Tier 3 (includes manufacturers with market share below 1%)
  • Uma Foils & Flexipack
  • Patidar Corporation
  • Ester Industries Limited

Exhibit 2: Company Competitive Analysis

Key developments & Trends

• In September 2016, Toray Plastics (America), subsidiary of Toray Industries Inc. launched a Lumirror MR20 metal-transfer film with aluminum deposited on its surface and is used in specialty printing and point-of-purchase applications. The MR20 film has good adhesion properties and sticks to paperboard and paper. Lumirror MR20 film are used to packaging of toys, alcohol, pet food, confectionary, personal care products, cosmetics among others.

• In July 2017, Toray Plastics (America), subsidiary of Toray Industries Inc. introduced two very high-barrier films free of chlorine: transparent PA1HB polyester PET films and Lumirror MK6HB PET films that is anticipated to extend the shelf life of products. These transparent metallized films provide aroma, moisture and oxygen-barrier protection. These metallized PET films are intended for use in e-commerce industry. The MK6HB PET films and PA1HB PET films are major alternatives to PVdC-coated PET and AlOx-coated PET films.

The road ahead

Over the years, packaging solutions coated with metallized film laminates has seen healthy rate of growth in terms of continuous shift in customer’s buying preferences. Customers are out to buy finished products with glossy & appealing packing. However, one of the hurdles that most manufacturers want to steer clear of, is the cost of package product. The more the thickness of film laminated on package, the higher is the cost.

Consequently, as metallized film laminates becomes more mainstream, a large scale shift is anticipated in the emerging markets. Most of the multi-national metallized film manufacturers are eying the emerging economies on verge of growing market uncertainty in the US & European markets.