Metallized Paper Market

02 Sep.,2022

 

metalized paper

Metallized Paper Market Snapshot

[235 Pages Report] The metallized paper market is estimated at US$ ~4.1 Bn in 2022 and is projected to reach US$ ~5.7 Bn by 2029, at a CAGR of 4.8% from 2022 to 2029. 

Market Size 2022

US$ 4.1 Bn

Market Size 2029

US$ 5.7 Bn

Value CAGR (2022-2029)

4.8%

Collective Value Share: Top 3 Countries (2022E)

41.4%

The metallized paper market constitutes around 1-2% of the global paper packaging market worth US$ ~353 Bn in 2021

The metallized paper market saw some lucrative growth in 2022 with worldwide revenues up 4.5% year over year. A new forecast by FMI estimates that metallized paper market is anticipated to create an incremental opportunity of US$ ~1.7 Bn during the forecasted period

The metallized paper market revenue totaled US$ ~4.0 Bn for 2021, according to FMI. The overall metallized paper market is expected to expand 1.4x times the current market value by the end of 2029. The demand for metallized paper with thickness of 51-100 GSM will accelerate with the top 5 providers holding 30-35% of the metallized paper market in 2021

Europe followed by the North American region are projected to hold approximately half a portion of the global metallized paper market by the end of 2029.

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How The Market Progressed Till June 2022?

Particulars

Details

H1 2021

4.3%

H1 2022 Projected

4.5%

H1 2022 Expected

4.0%

BPS Change - H1, 2022 (O) – H1, 2022 (P)

(-) 50 ↓

BPS Change – H1, 2022 (O) – H1, 2021

(-) 30 ↓

Future Market Insights predict a comparison and review analysis for the dynamics of the metallized paper market, which is principally subjected to an array of industry factors along with a few definite influences concerning issues in recyclability of metallized paper to raise pollution concerns. 

Some new advances that have taken place in the market include the advancement of coating manufacturing technologies which has increased the appeal of metallized paper packaging. In March 2022, BillerudKorsnäs completed the acquisition of Verso, a leading manufacturer of coated paper.

The market for metallized paper is expected to decline by 30 basis share points (BPS) in H1-2022 (O) against comparison with H1-2021, according to an FMI analysis. However, when comparing the H1-2022 projected and H1-2022 outlook period, a decrease in BPS change by 50 BPS has been noticed.  The key reason for this change in growth rate is that it cannot be used in microwave and are a bit more expensive than other packaging material.

Despite these prospects, factors such as the rising demand for metallized paper for its elegant and protective properties are driving the market growth value.

Historic and Forecast Market Outlook for Metallized Paper

A metallized paper is a product that is coated with a layer of aluminum with a gloss or matte finish that offers protective and decorative properties to the product. Metallized paper with a very thin layer of aluminum and other components including a plastic substrate and others provide an eye-catching packaging outlook to the respective products. In the last couple of years, the metallized paper finds substantial applications in packaging labels, graphic paper, envelopes and others.

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The future demand and market growth for metallized paper are promising on the back of its highly recyclable and sustainable packaging outlook and its increasing applications in food & beverage packaging. Furthermore, the demand for metallized paper is projected to rise as its adoption is consistently increasing in anti-counterfeit packaging. Back on the results and impact of all these factors, the global metallized paper market is projected to represent a total incremental opportunity of US$ 1.2 Bn in the next five years.

How Flourishing Food & Beverage Industry is Amplifying the Metallized Paper Market Growth?

The global metallized paper market growth is substantially driven by the demand generated from the food and beverage industry. Metallized paper is predominantly used in food and beverage packaging in the form of labels and wraps and overwraps. The global food and beverage industry has witnessed some lucrative market growth in the last decade and is projected to experience soaring growth during the foreseeable future.

The demand for flexible packaging solutions in the food and beverage industry is consistently rising back on its convenience packaging outlook and economic benefits over rigid packaging. This factor has induced a positive impact on the sales of the metallized paper. Furthermore, the adoption of metallized paper among the food and beverage brand owners is projected to rise in future, as these owners are preferring metallized paper over multilayer packaging films due to their difficult recycling procedure.

Ismail Sutaria

Principal Consultant

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How Exceptional Printability of Metallized Paper Raise its Popularity and Demand Among the End Users?

Leading brand owners from the food, homecare and personal care industries are opting for value-added products such as metallized paper as a packaging option to raise the brand value of the product.

Attractive and glossy printing on metallized paper helps manufacturers to differentiate their products from the competitor’s products. Furthermore, precise printing on metalized paper offers an aesthetic look to the product, provide required information about the product and gain the attention of customer towards the product. Metallized paper is compatible with all printing techniques and inks and offers a shiny packaging outlook to the product which furthers raising its demand and popularity among the industry players.

How Global Severe Spread of COVID-19 Pandemic Dent the Metallized Paper Market Growth?

The global spread of the pandemic has induced some negative impact on the sales packaging solutions including metallized paper. The demand for metallized paper is mainly generated from the food & beverage, personal care, homecare and electronics industries.

Amid the pandemic period, the production output from these mentioned industries has witnessed considerable downfall owing to a halt in production, shortage of raw materials and disturbance in supply chains. Furthermore, stringent lockdowns across the countries, shutdowns in public domains further reduce the demand for food and non-food products and so for the metallized paper. On a broader level, amid the peak pandemic period, the demand and sales of metallized paper have experienced a significant drop.    

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Country-wise Insights

How Evergreen German Personal Care Industry is Projected to Remain Revenue Generating Hub for Manufacturers?

Germany is one of the vibrant markets for metallized paper and is expected to hold around 15% of the European metallized paper market share during the forecast period. The target country is also anticipated to offer the incremental opportunity of US$ ~24.0 Mn by the end of 2029.

The consistent economic growth of the German cosmetic and personal care industry and its heavy manufacturing output creates the astonishing demand for paper-based packaging solutions including metallized paper. As per the Cosmetics Europe, in terms of sales generation of cosmetic and personal care products, Germany is the largest market among the other European countries. In 2020, the German cosmetic and personal care industry is generated value worth US$ 16 Bn, which is way more than other European and Asian countries. Such outstanding economic growth of the German cosmetic and personal care industry is offering revenue-generating opportunities for metallized paper manufacturers to target the country and maximize their sales of the metallized paper.

How Massive Production of Mailing Envelopes in United States Supplements the Metallized Paper Market Growth in the Country?

The mailing envelope is one of the vital applications of the metallized paper as it offers a shiny and smooth texture outlook. The United States has been the global leader when it comes to the production and usage of paper mailing envelopes. As per the Envelope Manufacturers Associations, the current paper envelope production in the United States is more than 100 Bn units which are far more than Several European and Asian countries. Such massive production of paper envelopes in the United States is creating a healthy environment for sales of metallized paper. Considering such massive demand for paper envelopes and other paper-based packaging solutions in the United States, the country is projected to represent an incremental opportunity of US$ 280 Mn for metallized paper manufacturers during the forecast period.  

Category-wise Insights

How Labels as an Application, Leads the Global Metallized Paper Market Growth?

Metallized paper is predominantly used in the manufacturing of a variety of labels such as pressure-sensitive labels, in-mould labels, general labels and others. The metallized paper offers excellent printability with smooth & glossy finishing, thus frequently demanded among the labels manufacturers. Back on the mentioned factors, the labels segment is estimated to expand by 1.5x times the current market value by the end of 2029.

How Food & Beverage End Use Industry Segments Are Generating Massive Demand for Metallized Paper?

Food and beverage segments have been the major sales and demand creators for metallized paper all across the globe. The metallized paper is used in food and beverage industries through several applications such as food, wraps and overwraps, packaging labels, decorating papers and others. Being the leading sales and demand generator for metallized papers, the food and beverage segments are collectively projected to offer total incremental opportunity of US$ 902 Mn by the end of 2029.

Competitive Landscape

Leading as well as small scale manufacturers operating in the global metallized paper market are focusing and understanding the current need of brand owners and manufacture metallized papers accordingly. Moreover, these players are adopting marketing strategies such as mergers and acquisitions to maximize their business reach and enhance their market position.

For instance,

  • In December 2021, BillerudKorsnas a leading manufacturer of paper and fiber-based packaging solutions has entered into the acquisition agreement of Verso Corporation. Verso Corporation is a manufacturer of coated and metallized paper. This helps BillerudKorsnas to propel its growth in the North American region.
  • In January 2020, AR Metallizing, a global leader in metallized packaging and labelling solutions has announced the successful completion of the acquisition of Eurofoil - Paper Coating GmbH. Eurofoil is a manufacturer of laminated and metallized inner liners and metallized coated paper.

Scope of Report

Attribute

Details

Forecast Period

2022-2029

Historical Data Available for

2014-2021

Market Analysis

US$ Million for Value and 000’ Tonnes for Volume

Key Regions Covered

North America, Latin America, Europe, Middle East & Africa, East Asia, South Asia and Oceania

Key Countries Covered

US, Canada, Brazil, Mexico, Germany, Spain, Italy,  France, U.K., Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa

Key Segments Covered

Thickness, Application, End Use Industry, and Region

Key Companies Profiled

  • Nissha Co., Ltd
  • Vacmet India Ltd
  • Verso Corporation
  • Uflex Limited
  • PH Glatfelter Co
  • Lecta SA
  • Sysco Industries Ltd
  • PG Paper Company Ltd
  • UPM-Kymmene Oyj
  • Polyplex Corp. Ltd

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Metallized Paper Market by Category

By Thickness:

  • Upto 50 GSM
  • 51-100 GSM
  • 101-150 GSM
  • Above 150 GSM

By Application:

  • Labels
  • Wraps/Overwraps
  • Decoration
  • Mailing Envelopes
  • Graphic Paper

By End Use Industry

  • Food
  • Beverages
  • Home Care
  • Personal Care
  • Electrical
  • Chemicals
  • Banking

By Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania