The invention relates to a multi-layer wall, in particular thermally insulated hollow bodies or containers (30), the multi-layer wall (20) comprising at least an inner layer (21), a barrier layer (22) and an outer layer (23), the barrier layer (22) being adapted to form a barrier for oxygen and/or water vapour, the inner layer (21) and/or the outer layer (23) having a microcellular structure (24), the microcellular structure (24) having fluid bubbles (25), and the fluid bubbles (25) being product of a physically and/or chemically introduced blowing agent.