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Packaging Laminates Market To Reach $8.43Bn By 2030

Packaging Laminates Market To Reach $8.43 Billion By 2030

April 2025 | Report Format: Electronic (PDF)

Packaging Laminates Market Growth & Trends

The global packaging laminates market is anticipated to reach USD 8.43 billion by 2030 and is projected to grow at a CAGR of 4.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market represents a vital component of the global packaging industry, known for its multifunctional utility, superior protective characteristics, and adaptability across diverse end-use sectors. Laminates, composed of multiple layers of materials such as plastic, aluminum foil, and paper, are engineered to deliver barrier performance, mechanical strength, and aesthetic appeal in a single structure. These attributes make laminated packaging essential in a wide range of applications, including food and beverage, pharmaceuticals, personal care, and household products. As packaging standards continue to evolve, laminates are increasingly being used to meet both functional and branding requirements in complex supply chains and consumer-facing retail environments.

A key driver propelling the growth of the packaging laminates market is the escalating demand for high-performance, shelf-stable, and tamper-evident packaging across both developed and emerging economies. Laminates provide enhanced protection against moisture, oxygen, and light, significantly extending product shelf life while maintaining freshness. This makes them a preferred solution for perishable goods and sensitive formulations. Moreover, the rise of sustainability-focused innovation has spurred the development of recyclable, mono-material, and bio-based laminates to align with global environmental goals. Technological advances, such as solventless lamination, digital printing integration, and smart barrier design, are further reinforcing the value proposition of laminates in modern packaging strategies.

The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in October 2024, Pacific Laminates, based in Pardi, Gujarat, announced it had invested about Rs 50 crore (USD 6 million) over three years to triple its flexible packaging printing and converting capacity.

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Packaging Laminates Market Report Highlights

Based on material, plastic held the largest share, accumulating a USD 3.75 billion market size in 2024.
Based on thickness, 30 to 45 microns accounted for the largest share of 35.21% market size in 2024.
Based on end-use, food & beverages accounted for the largest share of 38.46% market size in 2024.
Asia Pacific dominated the recycling of packaging laminates. Rapid industrialization and growth in organized retail across Asia Pacific are increasing demand for flexible, cost-effective packaging solutions. This trend is driving widespread adoption of laminated structures that support high-speed production and cater to regional consumption patterns.
The China was the leading the packaging laminates market in the Europe region and captured around 38% of the revenue market share in 2024 in this region.