Packaging Laminate Market Share and Growth Factors Impact Analysis 2030

The laminate packaging market is a high-quality packaging solution with uniformity and high puncture resistance. Strong sealing strength and improved blocking properties.

Features such as high puncture and tear resistance, long shelf life and improved aesthetics are driving the adoption of custom packaging solutions. Based on these trends, Future Market Insights (FMI) predicts that the global packaging laminate market will reach $9 billion by 2030.

Get Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-12540

The demand for effective packaging solutions has taken center stage across key industry sectors. Reliance on traditional glass and metal-based packaging is becoming less and less, and more flexible and lightweight packaging materials such as PP, paper and aluminum foil are favored.

Increasing adoption of flexible packaging solutions
As research and development (R&D) activity increases, suppliers have successfully introduced packaging solutions that can extend the shelf life of products and provide a convenient user experience. Major industries such as pharmaceuticals, food and cosmetics are increasingly adopting lightweight packaging solutions, increasing their growth prospects for the future.

Corona 19 Impact Insights:
The COVID-19 pandemic has caused major slump in several end-use industries due to disruptions to production cycles amid strict lockdowns. Decreasing industrial production has also hampered demand for packaging laminates in key areas. However, demand is mostly maintained in the food and pharmaceutical industries.

Recycling and disposal issues hindering growth
The environmental impact of polymers significantly impedes the growth of the packaging laminates market. Over the years, demand has shifted to multi-layer packaging due to desired features, thickness, and increasing application. Packaging Laminate provides multi-layered metal and non-metal packaging structures for accurate and safe packaging.

Get the report discount: https://www.futuremarketinsights.com/request-discount/rep-gb-12540

Packaging Laminate Market – Segment

material type:
aluminum foil
paper and cardboard
Metal PP
Metalized BOPP
Metallized OPP
Metallized CPP

thickness:
up to 30 microns
30-45 microns
45-60 microns
60 microns or more

application:
aseptic packaging
aseptic packaging

end-use industry:
food
salty snack
confectionery
tea & coffee
instant food
Meat, poultry and seafood
Cosmetics and personal care
etc

Highlights of Packaging Laminate Study:
Europe and East Asia jointly dominate the market, accounting for nearly 40% of the revenue share.
The food industry witnessed the largest application of packaging laminates, accounting for more than half of the overall market share.
Aseptic packaging to replace growth in aseptic packaging, accounting for more than 50% of sales
Registering Incremental Opportunities Worth $1.6 Billion by 2030
Global Packaging Laminate Market to Register a Value CAGR of ~5% in 2020-2030

Request country-specific data: https://www.futuremarketinsights.com/ask-country-specific/rep-gb-12540

competitive information :
Packaging Laminate players rely on strengthening their regional distribution networks and expanding their product portfolios by providing industry-specific packaging solutions. Besides, they also rely on acquisitions and collaborations with rival players.

For example, Mondi Group Plc is generating significant revenue by targeting industrial and consumer packaging needs. The product portfolio includes textile wrapping paper, wrapping paper, consumer wrapping paper and uncoated premium paper.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.