Global Mylar Bags Market Overview:
Mylar is a transparent material created from polyester resin. A foil or metalized coating that has been laminated produces the silver effect. Mylar bags are perfect for packing electronics since they have improved barrier qualities as well as electric insulating capabilities when appropriately converted. Due to its thick foil lamination layer, Mylar bag films have an unusually low Oxygen Transmission Rate (OTR). It offers three layers of defense against odor, light, and moisture. Mylar is incredibly strong and durable while still being highly flexible and thin. It is simple to use and puncture-resistant. The North America region is going to lead the market in the region segment due to the presence of various manufacturers and suppliers.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Mylar Bags Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Adoption of Technologies to prolong Food Life Cycle
- Increasing usage of Mylar Bags to store different types of Items
- The demand of maximum barrier against moisture and oxygen infiltration
- Growing Popularity of Mylar Bags due to its durability against heavy duty
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Restraints | - Stringent Government Regulations for Plastic
- Usage of smell-proof Mylar bags for storing marijuana/illegal drugs and its kind to escape detection by dogs
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Road Blocks / Challenges | - The disintegration of Mylar bags produces Poisonous Gas
- Increasing Usage of Plastics
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Gaps & Opportunities | - A surge in demand for flexible packaging to increase the life of electronics, food, telecommunication, and aerospace items, among others
- Rise of the On-The-Go Lifestyle
- Diversified Application of Mylar Bags in Other Verticals
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Competitive Landscape:
Global Mylar Bags is a consolidated market due to the presence of various players in US. The players are focusing on investing more in launching Mylar bag variants such as BoPET film. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions to help them sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Uline Company (United States), ShieldPro Flexible Packaging, LLC (United States), IMPAK CORP. (United States), Zing-Pac, Inc. (United States), Texas Poly (United States), Cross Canvas Co. (United States), Jarrett Industries, Inc. (United States), BCW Diversified, Inc. (United States), Atlantic Protective Pouches (United States) and Protective Packaging Corp. (United States). Additionally, following companies can also be profiled that are part of our coverage like DuPont Teijin Films (United States), Flexible Packaging (United States) and Peace Products Co. (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Mylar Bags market by 2027. Considering Market by Making Process, the sub-segment i.e. Composite Packaging will boost the Mylar Bags market. Considering Market by Shape, the sub-segment i.e. Special Bag will boost the Mylar Bags market. Considering Market by Distribution Channel, the sub-segment i.e. Manufacturers will boost the Mylar Bags market. Considering Market by End Use, the sub-segment i.e. Foods will boost the Mylar Bags market. Considering Market by Features, the sub-segment i.e. Vacuum will boost the Mylar Bags market. Considering Market by Material, the sub-segment i.e. PE will boost the Mylar Bags market.
Latest Market Insights:
In October 2021, GTCR acquired the PPC Flexible Packaging. PPC has grown through acquisition and organic growth to become a leading provider of short- and medium-run flexible packaging solutions. The Company is a recognized pioneer in cleanroom packaging for healthcare and medical applications and snack and organic brands, as well as specialty produce, pet, nutraceutical, bakery and horticulture markets. PPC operates ten manufacturing facilities in the U.S. and South America.
In July 2022, Amazon instructed its seller to remove all Mylar bags that are not cleared by regulatory bodies or have a single color. According to a study, the demand for smell-proof bags is on the rise for storing herbs (marijuana) to escape detection by dogs. and The US Feds do crack down on imports of certain containers used to “store and conceal” illegal drugs. One interesting case involved a seizure of Stashlogix lockable pouches by US Customs that the company said were designed to keep marijuana and pharmaceutical medication away from kids.
What Can be Explored with the Mylar Bags Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Mylar Bags Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Mylar Bags
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mylar Bags market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mylar Bags market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Mylar Bags Manufacturers, Mylar Bags Suppliers, E-commerce/Retailers, Regulatory Bodies, Potential Investors, Research and Development Institutes, End User and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.