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Metalized Flexible Packaging Market is Estimated to Rise at

Metalized Flexible Packaging Market size worth $ 6 31 Billion, Globally, by 2028 at 5 41% CAGR: Verified Market Research

Metalized Flexible Packaging Market size worth $ 6 31 Billion, Globally, by 2028 at 5 41% CAGR: Verified Market Research®

Metalized Flexible Packaging Market size worth $ 6 31 Billion, Globally, by 2028 at 5 41% CAGR: Verified Market Research®

Metalized Flexible Packaging Market worth $5 8 billion by 2025 - Exclusive Report by MarketsandMarkets™

Aluminum foil segment is estimated to lead the metalized flexible packaging market during the forecast period By type, the aluminum foil based segment is estimated to lead metalized flexible packagings market in 2019. Aluminum is the most commonly used metal in flexible metal packaging, primarily due to its cost-effectiveness. Aluminum is a lightweight, silvery-white metal derived from bauxite ore, where it exists in combination with oxygen as alumina. Magnesium and manganese are added to aluminum to improve its strength. Aluminum is highly resistant to most forms of corrosion and its natural coating of aluminum oxide provides a highly effective barrier against air, temperature, moisture, and chemical attacks. Aluminum foil based flexible packaging is used in packaging for food, beverage and pharmaceutical and personal care products.

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