The market for metallized PET cartons is anticipated to expand steadily, with global revenues rising 2.7% from the previous year in 2021. According to a recent prediction by FMI, the market for metallized PET cartons will more than double between 2021 and 2031, reaching almost US$ 276.8 Mn at a 4.7% compound annual growth rate (CAGR) throughout that period.
According to recently published data from Future Market Insights (FMI), the total global consumption of metallized PET cartons is expected to reach 944 thousand tonnes in 2021, a rise of 2.6% year over year (YoY).
Key Takeaways from Metallized PET Cartons Market
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Will the Demand for Luxury Packaging Favor Growth of Metallized PET Cartons?
Rising demand for luxury and attractive packaging has led to an increase in demand for packaging solutions. Metallized cartons are nothing but polymer-coated films with a thin layer of the metallic film.
They showcase an attractive metallic appearance that gives a premium and aesthetic look to the packaging. Metallized PET cartons have homogeneity of a metallic layer and this coating does not dissolve or fade anytime soon giving it a high clarity.
The manufacturing process of metallized PET printing on the cartons with good abrasion resistance and a thin layer of metal on the film gives a long-lasting look on the packaging.
Competitive Landscape
Companies operating in Metallized PET Cartons market are aiming at strategic collaborations and strategic partnerships with other manufacturers to expand their product portfolio.
Key Companies Profiled
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Metallized PET Cartons Market by Category
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Market Analysis
1.3. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage
2.2. Market Definition
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation Trends