Metallized PET Packaging Market is segmented By Type (Silver Metallized PET Films, Aluminum Metallized PET Films, Others), By Application (Packaging, ....
Market Size in USD
CAGR5.2%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.2% |
Market Concentration | High |
Major Players | Hangzhau Hengxin (Jinxin) Filming Packaging, Gaylord Packers, Cosmo Films, Polyplex Corporation, Ester Industries Limited |
The Global Metallized PET Packaging Market is estimated to be valued at USD 6.6 Bn in 2024 and is expected to reach USD 10.9 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031. Metallized PET packaging finds extensive usage in food & beverage industry for packaging of snacks, chips, biscuits, and confectionery as it improves barrier properties and enhances shelf life of products. Growth of global snacks industry along with rising demand for printed & flexible packaging from consumers will drive consumption of metallized polyester films in packaging over coming years. The market is anticipated to witness healthy due to the increasing use of metallized PET films in packaging various food products such as chips, biscuits, instant noodles, and functional foods. Metallized PET packaging helps extend product shelf life without refrigeration which makes it an ideal solution for storage as well as transportation of snacks and ready to eat meals.