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AWA Report claims Global Production of Vacuum Coated Products Grew by 3.4% in 2022

In 2022 the global production of vacuum coated products grew by 3.4%. There have been regional variations in growth patterns and in the growth rates of individual materials and vacuum coating processes, but, in general, the market has continued to show positive growth in all areas. The primary drivers of growth are to be found in applications for vacuum coated films – most notably in areas of food packaging - and paper for packaging applications.

As in all converting markets, in 2022 and 2023 the markets for vacuum coated products continued to experience cost/price pressures, local and regional issues of capacity, supply disruptions, and slowing demand in certain applications. However, growth is noted in most segments and regions – albeit at slower rates in the European and North American markets, with Asia proving the driving force for the global growth rate. The production of vacuum coated products is highly regionalized, and although overall growth is positive, there are strong regional differences.
AWA Vacuum Coated & Metallized Products Market Review 2023 provides the current status of key aspects of the industry, including global and regional volumes; market structure; market characteristics by substrate; and growth rates. Raw material trends are also assessed. The report is a practical tool for producers of vacuum coated and metallized products, their material suppliers, and users of vacuum coated and metallized products.
www.awa-bv.com

 

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