Aluminum Foil Packaging Market – Size, Outlook, Trends and Forecast (2024

Aluminum Foil Packaging Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Aluminium foil is a thin layer of aluminium sheet primarily acts as a resistant barrier to safeguard the products from sunlight, humidity and external environment to extend the product life. Aluminium foil packaging is a sort of packaging, which is produced by rolling aluminium slabs cast from moulted aluminium in a rolling mill to the desired thickness. The customers can heat or freeze the food items in the foil container directly. The benefits concerning aluminium foil packaging include providing a barrier against heat and light, helps in storing food for longer periods, prevents germs and bacteria.

Aluminum Foil Packaging Market Size & Growth:

The Aluminum Foil Packaging Market size is projected to reach approximately $ XX Billion by the end of 2024 with a CAGR close to X% from $XX Billion in 2018 during the forecast timeline 2018-2024. The Key factors that drive the growth of the market include increasing demand for aluminium foils in food & beverage sector, changing lifestyles among working population, rising preference for convenient packaging and others. Raising economic growth along with inclining personal

Aluminum Foil Packaging Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

disposable incomes are expected to intensify the market growth of aluminium foil packaging market.

Aluminium Foil Packaging Market Share:

Various parameters divided the Aluminium Foil Packaging market. By the Product, they are divided into pouches, collapsible tubes, capsules, trays/containers, blister packs, wraps & rolls and others. Among them wraps & rolls have the largest market, owing to its simplicity, convenience, and lightweight. By the thickness, they are divided into 0.007mm-0.9mm, 0.9mm-0.2mm, 0.2mm-0.4mm and others. Among them, 0.9mm-0.2mm has the largest market because it will give laminate great product appeal for the packaging. By end-user, they are divided into food & Beverages, Pharmaceuticals, cosmetics and others. Among them food & beverages segment has the largest market owing to increasing applications towards easy to open packaging mechanism. By Geography, Asia-pacific has the largest market owing to changing lifestyles and rising consumption of ready to eat food applications in that region.

Aluminum Foil Packaging Market Trends:

Ardagh Group engages in a touch of innovation with Bonduelle for the development of fully recyclable aluminium foils for smaller servicings of vegetable to accompany meals.
Plus Pack SAS Ready to cook solution recognised for its innovative packaging design towards exclusive aluminium containers with handles stands as one of the featured products.
Novelis expands automotive aluminium capabilities to build an aluminium sheet manufacturing facility in Guthrie to provide vehicle parts such as body-in-white, hoods, doors, lift gates and others.

Aluminum Foil Packaging Market Research Reports:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.

Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

Identify the latest developments, market shares and strategies that are employed by the major market players, such as

Amcor Limited
Constantia Flexibles
Hindal Co Industries, LTD
Tetra Pak
Plus Pack SAS

to accompany meals. Plus

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Aluminum Foil Packaging Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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