Mylar Market Forecasts, Market Trends and Impact Analysis (2021 - 2031)

The global mylar market, valued at $10.7 billion in 2021, is projected to reach $20.4 billion by 2031, with a CAGR of 6.9% from 2022 to 2031, according to a report by Allied Market Research. The report offers a detailed analysis of investment opportunities, winning strategies, drivers, opportunities, market size, competitive landscape, and emerging trends, serving as a valuable resource for industry frontrunners, new entrants, investors, and shareholders to formulate effective strategies and enhance their market position.

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Key Highlights:

The report covers 20 countries, providing segment analysis for each country in terms of value ($million) and volume (kilotons) during the forecast period 2021-2031, along with historical data and regulatory insights.
Over 3,700 product literatures, annual reports, industry releases, and other documents of major industry participants have been reviewed to gain a comprehensive understanding of the market dynamics.
Mylar Applications:

Mylar finds applications across various industries such as food & beverages, cosmetics & personal care, electrical & electronics, among others. In the food & beverage sector, Mylar bags are utilized for long-term preservation of dry commodities like grains, beans, and flour, as well as for storing coffee, almonds, cookies, chips, chocolate, and grains.

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Market Segmentation:
Application: In 2021, the bags and pouches segment accounted for nearly two-fifths of the global Mylar market share and is expected to dominate by 2031, with the fastest CAGR of 7.1% during the forecast period. The report also covers segments such as labels and laminates.
End-Use Industry: The food and beverage segment held more than half of the global Mylar market revenue in 2021 and is expected to continue dominating by 2031. However, the pharmaceuticals segment is projected to witness the fastest CAGR of 7.5% during the forecast period. Other segments analyzed include food & beverage and cosmetics & personal care.

Region: Asia-Pacific emerged as the leading region in 2021, generating over half of the global Mylar market revenue and is expected to maintain its dominance with the fastest CAGR of 7.2% during the forecast period. The report also covers regions such as LAMEA, Europe, and North America.

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Leading Market Players:
Key players in the global Mylar market include CS Hyde Company, Uline Company, FINE PACKAGE CO., LTD., Grafix Plastics, IMPAK CORPORATION, Jarrett Industries, BCW Diversified, Inc., Protective Packaging Corporation, RH Nuttall, and Tekra Corporation.

These players have implemented various strategies such as partnerships, expansions, collaborations, and joint ventures to strengthen their market presence and drive business performance.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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