BARRIER PACKAGING | MATERIALS


compound annual growth rate of nearly 5%. “Emerging markets like India and China are


expected to drive this growth,” he said. “Mature markets like Germany and the US will also experi- ence growth, but at a relatively lower percentage.” He expects the CAGR in India and China to be


around 6%, while in western Europe and North America it will be 2-4%. Stiff competition and rising raw material costs


are expected to affect margins and profitability in future. There is also overcapacity and market saturation – coupled with economic uncertainty. However, he said technical advances continue.


For instance, web widths of up to 4000mm (and more) can now be metallised, while barriers continue to improve. In addition, more accurate measurement of film


properties – such as thickness and density – has enabled better quality control. Metallisers are adding energy-efficient ways to


cut energy consumption, which includes optimising equipment and using renewable energy, he said. An increasing focus on sustainability will also


lead to an acceleration in the use of mono-material and biodegradable substrates, he said.


“Technological advancements enable manufac-


turers to achieve higher quality and efficiency in the metallising process,” he said. “Companies that innovate and are quick to adapt to changing times will be well positioned for success.” n The next AMI conferences relevant to packaging are Innovations in Pouches (Barcelona, Spain, 23-24 April), Stretch & Shrink Film (23-25 April, Valencia, Spain) and Multilayer Flexible Packaging North America (25-26 June, Chicago, USA). For more details on these and other events, visit www.amiplastics.com.


CLICK ON THE LINKS FOR MORE INFORMATION: � www.kpfilms.com � www.csptechnologies.com � www.proampac.com � www.exxonmobilchemical.com � www.scg.com � www.adapa-group.com � www.solvay.com � www.tosaf.com � www.bobst.com � www.supervacoils.com


Flexible Films


Stretch and Shrink Film Global Market 2024


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