Mylar is a polyester film composed of stretched polyethylene terephthalate (PET) that is utilized for its high tensile strength, chemical and dimensional stability, transparency, reflectivity, gas and fragrance barrier qualities, and electrical insulation. It provides good oxygen and vapor barrier and provide excellent protection against light, moisture, and bugs if an oxygen absorber. Mylar bags can be used to hold coffee, almonds, cookies, chips, chocolate, and grains. Most foods and snacks have a shelf life of 6 months to 2 years. Mylar food packaging is the wrapping of food to protect it from damage, contamination, spoiling, insect assaults, and manipulation throughout transport, storage, and retail sale.
For the purpose of analysis, the Mylar market scope covers application, end-use industry, and region. The report outlines the details about the use of Mylar in various end-use industry industries, including food & beverages, cosmetics & personal care, electrical & electronics, and others. Moreover, it analyzes the current market trends of mylar across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained.
The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the
Competitive Landscape
of the key players to increase their market share and sustain the intense competition in the industry. In addition, the report covers profiles of key industry participants such as BCW Diversified, Inc., CS Hyde Company, FINE PACKAGE CO., LTD., Grafix Plastics, IMPAK CORPORATION, Jarrett Industries, Protective Packaging Corporation, RH Nuttall, Tekra Corporation, and Uline Company.KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the mylar market analysis from 2021 to 2031 to identify the prevailing mylar market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the mylar market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global mylar market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Labels
- Bags and Pouches
- Laminates
- Others
By End-use Industry
- Electrical and Electronics
- Others
- Food and Beverage
- Cosmetics and Personal Care
- Pharmaceuticals
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Protective Packaging Corporation
- Tekra Corporation
- CS Hyde Company
- Uline Company
- FINE PACKAGE CO., LTD.
- IMPAK CORPORATION
- RH Nuttall
- Grafix Plastics
- Jarrett Industries
- BCW Diversified, Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Pricing Analysis
3.8. Value Chain Analysis
3.9. Key Regulation Analysis
3.10. Patent Landscape
CHAPTER 4: MYLAR MARKET, BY APPLICATION
4.1 Overview
4.1.1 Market size and forecast
4.2 Labels
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Bags and Pouches
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Laminates
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
CHAPTER 5: MYLAR MARKET, BY END-USE INDUSTRY
5.1 Overview
5.1.1 Market size and forecast
5.2 Food and Beverage
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Cosmetics and Personal Care
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Pharmaceuticals
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Electrical and Electronics
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country
CHAPTER 6: MYLAR MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Application
6.2.3 North America Market size and forecast, by End-use Industry
6.2.4 North America Market size and forecast, by country
6.2.4.1 U. S.
6.2.4.1.1 Key market trends, growth factors and opportunities
6.2.4.1.2 Market size and forecast, by Application
6.2.4.1.3 Market size and forecast, by End-use Industry
6.2.4.2 Canada
6.2.4.2.1 Key market trends, growth factors and opportunities
6.2.4.2.2 Market size and forecast, by Application
6.2.4.2.3 Market size and forecast, by End-use Industry
6.2.4.3 Mexico
6.2.4.3.1 Key market trends, growth factors and opportunities
6.2.4.3.2 Market size and forecast, by Application
6.2.4.3.3 Market size and forecast, by End-use Industry
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Application
6.3.3 Europe Market size and forecast, by End-use Industry
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Key market trends, growth factors and opportunities
6.3.4.1.2 Market size and forecast, by Application
6.3.4.1.3 Market size and forecast, by End-use Industry
6.3.4.2 France
6.3.4.2.1 Key market trends, growth factors and opportunities
6.3.4.2.2 Market size and forecast, by Application
6.3.4.2.3 Market size and forecast, by End-use Industry
6.3.4.3 UK
6.3.4.3.1 Key market trends, growth factors and opportunities
6.3.4.3.2 Market size and forecast, by Application
6.3.4.3.3 Market size and forecast, by End-use Industry
6.3.4.4 Spain
6.3.4.4.1 Key market trends, growth factors and opportunities
6.3.4.4.2 Market size and forecast, by Application
6.3.4.4.3 Market size and forecast, by End-use Industry
6.3.4.5 Italy
6.3.4.5.1 Key market trends, growth factors and opportunities
6.3.4.5.2 Market size and forecast, by Application
6.3.4.5.3 Market size and forecast, by End-use Industry
6.3.4.6 Rest of Europe
6.3.4.6.1 Key market trends, growth factors and opportunities
6.3.4.6.2 Market size and forecast, by Application
6.3.4.6.3 Market size and forecast, by End-use Industry
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Application
6.4.3 Asia-Pacific Market size and forecast, by End-use Industry
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Key market trends, growth factors and opportunities
6.4.4.1.2 Market size and forecast, by Application
6.4.4.1.3 Market size and forecast, by End-use Industry
6.4.4.2 India
6.4.4.2.1 Key market trends, growth factors and opportunities
6.4.4.2.2 Market size and forecast, by Application
6.4.4.2.3 Market size and forecast, by End-use Industry
6.4.4.3 Japan
6.4.4.3.1 Key market trends, growth factors and opportunities
6.4.4.3.2 Market size and forecast, by Application
6.4.4.3.3 Market size and forecast, by End-use Industry
6.4.4.4 South Korea
6.4.4.4.1 Key market trends, growth factors and opportunities
6.4.4.4.2 Market size and forecast, by Application
6.4.4.4.3 Market size and forecast, by End-use Industry
6.4.4.5 Australia
6.4.4.5.1 Key market trends, growth factors and opportunities
6.4.4.5.2 Market size and forecast, by Application
6.4.4.5.3 Market size and forecast, by End-use Industry
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Key market trends, growth factors and opportunities
6.4.4.6.2 Market size and forecast, by Application
6.4.4.6.3 Market size and forecast, by End-use Industry
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Application
6.5.3 LAMEA Market size and forecast, by End-use Industry
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Key market trends, growth factors and opportunities
6.5.4.1.2 Market size and forecast, by Application
6.5.4.1.3 Market size and forecast, by End-use Industry
6.5.4.2 Saudi Arabia
6.5.4.2.1 Key market trends, growth factors and opportunities
6.5.4.2.2 Market size and forecast, by Application
6.5.4.2.3 Market size and forecast, by End-use Industry
6.5.4.3 South Africa
6.5.4.3.1 Key market trends, growth factors and opportunities
6.5.4.3.2 Market size and forecast, by Application
6.5.4.3.3 Market size and forecast, by End-use Industry
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Key market trends, growth factors and opportunities
6.5.4.4.2 Market size and forecast, by Application
6.5.4.4.3 Market size and forecast, by End-use Industry
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Players
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Tekra Corporation
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 CS Hyde Company
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Uline Company
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 FINE PACKAGE CO., LTD.
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 IMPAK CORPORATION
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Protective Packaging Corporation
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 RH Nuttall
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Grafix Plastics
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Jarrett Industries
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 BCW Diversified, Inc.
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Mylar Market,' the mylar market size was valued at $10.7 billion in 2021, and is estimated to reach $20.4 billion by 2031, growing at a CAGR of 6.9% from 2022 to 2031.Mylar is a plastic material that is used in helium-filled balloons, solar filters, space blankets, protective plastic coatings, and insulators. Mylar, a stretched polyester film, is utilized in a variety of applications including space blanket material, emergency blanket material, foil balloons, and Mylar tags and equipment labels.
It is used in the food sector to manufacture flexible packaging and lids such as dairy lids, roasting bags, and coffee foil pouches. Mylar is employed as an electrical and thermal insulator, as well as a reflective substance and as a decorative material. It may be found in a variety of products, including musical instruments, transparency film, and kites.
Key factors driving the growth of the global mylar industry is majorly attributable to its wide applications in various industries such as labels, bags & pouches, laminates, and others. Also, the increase in demand for mylar in packaging is driving the market growth during the forecast period. Mylar packaging is constructed of many layers of laminated food-grade plastic and metal. It acts as strong light, moisture, and oxygen barrier, protecting the contents of the bag. High-quality pouches are ideal for keeping a variety of food goods. Food with a moisture level of 10% or more can be preserved in mylar bags for months or years. Mylar takes around 2-4 hours for an oxygen absorber to seal bags as rapidly as possible.
However, non-biodegradable nature of mylar is projected to restrain market growth. On the contrary, surge in demand for mylar tapes is expected to offer ample growth opportunities for the mylar market. Mylar tape is generally used for reflective shielding, industrial and graphic arts, ornamental trim, automobile trim, nameplates, and displays. For optimal attaching to a variety of surfaces, the film is covered with an aggressive, long-lasting acrylic adhesive system. It has a shelf life of 12 months when stored at 21°C (70°F) / 50% relative humidity away from direct sunlight and is used for joining and sealing industrial pipe insulation seams and connectors. It is used as an electrical barrier in capacitors and motors, as a thermal barrier in cable tapes, as a supporting carrier in magnetic tapes, and as a physical barrier in protective coatings.
The mylar market is segmented into application, end-use industry, and region. On the basis of application, the market is classified into labels, bags and pouches, laminates, and others. On the basis of end-use industry, the market is categorized into food & beverages, cosmetics & personal care, electrical & electronics, pharmaceutical and others. Region wise, the mylar market share is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the study include BCW Diversified, Inc., CS Hyde Company, FINE PACKAGE CO., LTD., Grafix Plastics, IMPAK CORPORATION, Jarrett Industries, Protective Packaging Corporation, RH Nuttall, Tekra Corporation, and Uline Company. The players in the market have been actively engaged in the adoption various strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market.
COVID-19 Analysis:
COVID-19 pandemic had a positive impact on mylar packaging which is mainly used to store items like white rice, wheat, flour, beans, sugar, and oats are all suitable dry items to store in mylar bags.According to the State of the Flexible Packaging Industry, the expansion of the mylar packaging market in the U.S. is mostly owing to increased demand from the e-commerce retail industries in countries such as China, India, Japan, and South Korea. As a result, the packaging sector is becoming increasingly important in the post-COVID-19 era. The rising need for moisture-resistant packaging has a substantial impact on the mylar market.
Key Findings of The Study:
By application, the bags and pouches segment was the highest revenue contributor to the market.By end-use industry, the food and beverage segment dominated the mylar market in 2021.
By region, Asia-Pacific was the highest revenue contributor, growing with a CAGR of 7.2%.
China was the highest revenue contributor, growing with a CAGR of 7.4%.
Companies Mentioned
- Protective Packaging Corporation
- Tekra Corporation
- Cs Hyde Company
- Uline Company
- Fine Package Co. Ltd.
- Impak Corporation
- Rh Nuttall
- Grafix Plastics
- Jarrett Industries
- Bcw Diversified, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 262 |
Published | October 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 10.7 billion |
Forecasted Market Value ( USD | $ 20.4 billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |