The worldwide nylon films for liquid packaging market is expected to be worth approximately US$ 454 million in 2022, with a forecasted growth rate that would see it reaching US$ 599 million by 2027, reflecting a consistent compound annual growth rate (CAGR) of 5.7% over the forecast period.
The expansion of the Food and Beverage (F&B) industry in the United Kingdom is driving the demand for nylon films for liquid packaging. According to The Food and Drink Federation (FDF), the F&B industry is the UK’s largest manufacturing sector, contributing significantly to the country’s economy. The U.K. is expected to hold a 16% market share in the nylon films for liquid packaging market in 2022. This sector plays a vital role in the nation’s “farm to fork” food chain, contributing a substantial USD 33 billion annually to the economy. The FDF’s economic reporting emphasizes the economic significance of the U.K. F&B industry and its potential for growth and productivity improvements, which further propels the demand for packaging solutions like nylon films.
In the United States, the demand for nylon films for liquid packaging is on the rise, with an expected high Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period, according to FMI analysis. The U.S. holds a significant portion of the North American nylon films for liquid packaging market, accounting for 19% of the market share in 2022. This surge in demand is attributed to the increasing preference of U.S. consumers for packaged and processed food products. According to the Flexible Packaging Association (FPA), the flexible packaging industry in the U.S. is vibrant and growing, with food packaging comprising the largest market segment, accounting for about 52% of shipments in this industry.
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Market Drivers-
- Liquid Packaging Efficiency: Nylon films enhance the efficiency of liquid packaging by providing a durable and flexible material for storing and transporting various liquids, including beverages, chemicals, and pharmaceuticals.
- Barrier Properties: Nylon films offer excellent barrier properties, preventing the ingress of oxygen, moisture, and contaminants, which is crucial for preserving the quality and shelf life of liquid products.
- Food and Beverage Industry: The food and beverage industry relies on nylon films for the packaging of liquid products such as juices, dairy, and sauces, ensuring freshness, flavor, and product safety.
- Chemical Industry: Nylon films are used for packaging various chemicals and industrial liquids, safeguarding against leakage and contamination.
- Pharmaceutical and Healthcare Applications: In the pharmaceutical and healthcare sectors, nylon films are used for packaging liquid medications, ensuring safety, hygiene, and precise dosing.
- Sustainability: The development of recyclable nylon films and the use of environmentally friendly materials align with the growing emphasis on sustainable packaging solutions.
Competitive Landscape
The key manufacturers operating in nylon films for liquid packaging market are focusing on increasing their production capacity to meet the increasing demand for nylon films for liquid packaging. Moreover, the key players are increasing their product portfolio to cater for the growing nylon films for liquid packaging market.
- In January 2021, an international provider of innovative and sustainable films for flexible packaging industry, Jindal Films, has signed an agreement for the acquisition in Italy-based nylon film specialist DOMO Films Solutions Spa (DFS) from private owned group DOMO Chemicals.
- In February 2021, a company known as INDEVCO Plastics, has launches recyclable industrial bags and films that contains up to 50% recycled resin.
The Major Key Players Are:
- Nampak Ltd
- SIG Combibloc Group AG
- Uflex Ltd
- Constantia Flexibles Group GmbH
- Berry Global Group, Inc
- Tetra Pak International S.A.
- DS Smith Plc
- The Mondi Group plc.
- International Paper Company.
- Winpak Ltd.
- Clondalkin Group Holdings B.V.
- Glenroy, Inc
- Polyoak Packaging (Pty) Ltd
- Paharpur 3P
- other
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Nylon Films for Liquid Packaging Market by Category
By Material :
- Nylon 6
- Nylon 6,6
- Nylon 6,12
By Product Type :
- Pouches
- Mono Layer Pouches
- Multi-Layer Pouches
- Bags
- Bag-in-Box
- Bag-in-Tubes
- Others (Bottles, etc.)
By Application :
- Hot Fill Packaging
- ESL (Extended Shelf Life)
- Aseptic Packaging
By End Use Industry :
- Food
- Beverages
- Personal Care & Cosmetics
- Home care
- Industrial
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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