Metalized Barrier Films Report 2019-2027 | Top Manufacturers, Types and Applications
Global Metalized Barrier Films Market: Overview
Global metalized barrier films market is expected to make rapid strides along its growth trajectory over the period of forecast, from 2019 to 2027. Lately, metalized barrier films have emerged as a crucial component of packaging sector. These barrier films have gained substantial attraction from the manufacturers due to their wide application across numerous end-use industries. Metalized barrier films have come up as a alternative solutions for aluminum foil packaging. Besides, glossy metallic appearance of the film offers together with diminished cost and weight have become an attractive option for the packaging industry.
Expansion of the packaged food and beverage industry owing to hectic lifestyle of the people has supported growth of the global metalized barrier films market. Metalized films inhibit external environment from affecting the packaging from within. With reduced cost and high insulation, metalized barrier films are getting increasingly popular.
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Global Metalized Barrier Films Market: Notable Developments
The global metalized barrier films market has witnessed some developments in the last few years. One such significant development in the market is mentioned below:
- In 2018, Leicester-based renowned packaging company, Clifton Packaging Group has made heavy investment of about US$ 3.6 mn to procure highly advanced new equipment like Bimec slitter, KBA-Flexotecnica Evo XD press, to improve the production capabilities of the company. With such heavy investment by the company, it is expected that packaging products like metalized barrier films will be benefitted in terms of technological advancement and reach.
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Some of the reputed organizations functioning in the global metalized barrier films market are as mentioned below:
- Clifton Packaging Group
- Jindal Poly Films Ltd
- Toray Industries Inc.
- Kendall Packaging
- DUNMORE Corporation Ltd
- Polyplex Corporation Ltd.