Nylon Films for Liquid Packaging Market Forecast: Surging Towards a Valuation of US$ 599 Million by 2027

The worldwide market for nylon films utilized in liquid packaging is anticipated to be valued at US$ 454 million in 2022, with a projected growth to reach US$ 599 million by 2027. This reflects a compound annual growth rate (CAGR) of 5.7% over the forecast period. The ascending trajectory can be attributed to the increasing demand for efficient and sustainable packaging solutions, particularly in the liquid packaging sector. This market expansion underscores the persistent industry focus on advanced materials, with nylon films playing a pivotal role in meeting evolving packaging needs and maintaining a steady growth pace.

As per Future Market Insights’ annual market analysis, the beverage and industrial sectors within the nylon films for liquid packaging market are jointly contributing to a revenue of US$ 304 million in the year 2022. This data emphasizes the significant financial impact of these specific end-use industries on the overall market landscape.

The Food and Drink Federation highlights the UK’s food and drink industry as the largest manufacturing sector, with a projected market share of 16% in the nylon films for liquid packaging market for the year 2022. This sector plays a pivotal role in the country’s economy, contributing a substantial US$ 33 billion annually and serving as a vital component in the US$ 135.4 billion ‘farm to fork’ food chain. Through its economic reporting, the FDF aims to underscore the industry’s economic significance, emphasizing its potential for growth and productivity enhancements on a national scale.

Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-6124

Market Drivers:

1. Increasing Demand for Flexible Packaging: The demand for flexible and lightweight packaging solutions has been growing, driven by factors such as convenience, portability, and sustainability. Nylon films offer flexibility and durability, making them suitable for liquid packaging.
2. Rising Consumer Preferences for Convenience: Consumers are increasingly looking for convenient and user-friendly packaging solutions. Nylon films, with their ability to provide barrier properties and flexibility, can meet the demand for convenient liquid packaging.
3. Technological Advancements: Ongoing technological developments in film manufacturing processes and packaging techniques contribute to the improved performance and cost-effectiveness of nylon films. Innovations may include enhanced barrier properties, sealability, and compatibility with various liquids.
4. Focus on Sustainable Packaging: As sustainability becomes a more critical concern, manufacturers are exploring eco-friendly packaging options. If nylon films can be produced using sustainable materials or processes, they may gain traction in the market.
5. Growth in End-Use Industries: The growth of industries such as food and beverage, pharmaceuticals, and personal care, which often require liquid packaging solutions, can drive the demand for nylon films.

Market Restraints:

1. Environmental Concerns: Despite their advantages, plastic materials, including nylon, face scrutiny due to environmental concerns. The push for reducing plastic usage and increasing recycling efforts could pose a challenge to the growth of nylon films in liquid packaging.
2. Regulatory Challenges: Stringent regulations related to the use of certain materials in packaging, especially those that come into contact with food and beverages, can impact the adoption of nylon films. Compliance with regulatory standards is crucial for market acceptance.
3. Cost Factors: The cost of manufacturing nylon films may be a limiting factor, especially if more cost-effective or environmentally friendly alternatives are available in the market.
4. Shift Towards Alternative Materials: The market dynamics can change if there is a significant shift towards alternative packaging materials that offer similar or better performance in terms of barrier properties, flexibility, and sustainability.
5. Supply Chain Disruptions: Disruptions in the supply chain, whether due to raw material shortages or other factors, can affect the availability and pricing of nylon films, impacting market stability.

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

Request Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-6124

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.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube