Global Aluminium Foil Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Aluminium Foil Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global Aluminium foil packaging market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. Global Aluminium foil packaging market report has been segmented on the basis of packaging type, foil type, application, end-user, and region.
Aluminium foil packaging is a part of the packaging material and is generally designed using Aluminium sheets. Aluminium foil is majorly used in the packaging of food products such as fresh and processed meat, poultry and fish. It helps to maintain shelf life of products such as food and beverages. Its wide popularity in the packaging sector owing to numerous properties such as lightweight, durability, flexibility, barrier properties, and recyclable nature gaining momentum across the globe.
Increasingly, Aluminium foil is being combined with flexible films to create lightweight packages. Increasing demand for convenient packaging is a major factor expected to drive growth of the global market. Some of the key drivers for Aluminium foil packaging market are significant growth in packaging industries, along with innovative packaging and excellent barrier properties. Moreover, awareness regarding food safety among consumers and stringent government regulations for food security, also anticipated to fuel growth of the target market. In addition, growing preference for products with small size and compact packaging is expected to boost growth of the global market in the near future.
However, easy availability of substitutes such as plastic, rubber and other materials packaging may hamper demand for Aluminium foil and restrain growth of the global market over the forecast period.
Recent trend shows that, increasing manufacturers expenditure on R&D in the global Aluminium foil packaging market help to improve the material handling processes in the supply chain. Operation costs of the target product is also anticipated to reduce owing to factors such as availability of multiple options to choose and recyclability of these packages.
Analysis by Segment:
On the basis of packaging type, flexible packaging segment is expected to hold significant share in the market over the forecast period. It is projected to be the most lucrative segment during the forecast period, owing to vast array of products and protective properties
On the basis of foil type, global market is segmented as printed, and unprinted. Printed Aluminium foil segment dominates the global market and expected to witness significant growth over the forecast period.
On the basis of foil type, target market is segmented as bags & pouches, wraps & rolls, blisters, laminated tubes, and trays. The bags & pouches segment is expected to hold significant share in terms of revenue.
On the basis of end-user, target market is segmented as bags & pouches, wraps & rolls, blisters, laminated tubes, and trays. The bags & pouches segment is anticipated to register a significant growth rate to the target market in terms of revenue.
The Asia Pacific Aluminium foil packaging market dominates the global target market and expected to witness significant growth over the forecast period. Increasing number of manufacturing industries and growing retail sector are some of the major factors driving growth of the target market. Additionally, rising disposable income, coupled with increasing population are factors expected to bolster demand for Aluminium foil packaging and drive growth of the global market. Market in North America expected to witness a lucrative growth in the near future, followed by Europe. Middle East and Africa market is likely to witness a moderate growth owing to rising urbanization coupled with growing disposable income which is projected to contribute towards the growing demand for Aluminium foil packaging in the region.
Global Aluminium Foil Packaging Market Segmentation:
Segmentation by Packaging Type:
- Rigid packaging
- Flexible packaging
- Semi-rigid Packaging
Segmentation by Foil Type:
Segmentation by Application:
- Food & Beverages
- Others (Electronics, Automotive)
Segmentation by End-user:
- Bags & Pouches
- Wraps & Rolls
- Laminated Tubes
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Amcor Ltd.
- China Hongqiao Group Limited
- United Company RUSAL Plc.
- Ess Dee Aluminium Ltd
- Alufoil Products Pvt. Ltd.
- Nicholl Food Packaging
- Wyda Packaging (Pty) LTD
- Carcano Antonio S.p.
- Alcoa Corporation
- Novelis Inc.
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