Global Mylar Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

Global Mylar Market Growth

In 2022, the domestic flexible packaging industry in the USA generated USD 41.5 billion of sales and accounted for a share of around 21% in the American packaging market. The top 10 US states account for nearly 58% of all flexible packaging manufacturing locations. These materials are extensively used by the food industry (50%), apart from pharmaceutical (16%), non-food (9%), industries (7%), beverage packaging (6%), personal care (5%), and pet food (2%). The growing demand for flexible packaging solutions is expected to increase the demand for product labels, thereby contributing to the mylar market expansion.

Moreover, the increasing demand for mylar can also be attributed to the increasing production of pharmaceuticals worldwide. India and Brazil have emerged as a manufacturing hub for medicine production, with Brazil becoming the largest pharmaceutical producer of South America. Besides, 70% of WHO’s vaccines are manufactured in India, especially BCG, DPT, and measles. The mylar market value is also being spurred on by the increasing sales and exports of medicines. While the Brazilian pharmaceutical industry generates USD 14.7 billion sales annually, India is responsible for meeting 40% of the demand for generic medicines in the United States. This is expected to raise even the market revenue over the forecast period.

Key Trends and Developments

Global Mylar Market Trends

Mylar has a comparatively high tensile strength of 20,000-30,000 psi than polyethylene (7,500 psi), which allows the usage of extremely thin films for architectural applications. The transmission rate of water vapour in 1 mil mylar is nearly 0.1 grams/100 sq. in./day, which makes it a good moisture-proof packaging material. As per the mylar market analysis, the material enjoys a high degree of abrasion resistance, which makes it ideal for numerous industrial applications involving folding, processing, or creasing.

Global Mylar Industry Segmentation

Global Mylar Market Share

Based on region, the market is segmented into North America, Europe, Latin America, the Asia Pacific, and the Middle East and Africa. Over the forecast period, the Asia Pacific is expected to grow at a CAGR of 6.3% due to the rapid growth of the food and beverage industry and the increasing production of pharmaceuticals in the region. North America is also expected to grow at a CAGR of 5.3% due to rapid technological developments and product capacity expansion in the region.

Leading Companies in the Global Mylar Market

Major players are expanding their existing production facilities to cater to the increasing demand for innovative labelling solutions and to hold a greater mylar market share.

Tekra, LLC

Tekra, LLC was founded in 1938 and is headquartered in Wisconsin, United States. It specialises in the production of plastic films, hard coats, transfer tapes, UV inkjets, and adhesives, among others.

CS Hyde Company

CS Hyde Company was founded in 1996 and is headquartered in Illinois, United States. As per mylar ma...

Logos Pack

Logos Pack was found in 2004 and is headquartered in Guangdong, China. It is engaged in manufacturin...

IMPAK Corporation

IMPAK Corporation was founded in 1993 and is headquartered in California, United States. It is engag...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other players included in the mylar market report are J. Schwarz GmbH, Protective Packaging Corporation, RH Nuttall Limited, Protective Packaging Corporation, Jarrett Industries, and BCW Diversified, Inc., among others.