Global Aluminum Foil Packaging Market 2024-2028
The aluminum foil packaging market is forecasted to grow by USD 6.06 bn during 2023-2028, accelerating at a CAGR of 4.82% during the forecast period. The report on the aluminum foil packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for convenient packaging, rising demand from pharmaceutical blister packaging market in US, and growing global market for flexible LID stock packaging.
Technavio's aluminum foil packaging market is segmented as below:
By Product
- Wrapper foils
- Container foils
- Blister packs
- Pouches
- Others
By Application
- Food and beverage packaging
- Consumer packaging
- Pharmaceutical packaging
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the emerging recycling techniques for aluminum foil packaging as one of the prime reasons driving the aluminum foil packaging market growth during the next few years. Also, growing demand for food safety packaging and expansion of organized retail sector will lead to sizable demand in the market.
The report on the aluminum foil packaging market covers the following areas:
- Aluminum foil packaging market sizing
- Aluminum foil packaging market forecast
- Aluminum foil packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aluminum foil packaging market vendors that include ACG, Aikou Packaging Co. Ltd., Alibĩrico SLU, Aluflexpack AG, Amcor Plc, China Hongqiao Group Ltd., Constantia Flexibles Group GmbH, Coppice Alupack Ltd., Eurofoil, Flexifoil Packaging Pvt. Ltd., Gulf Aluminium Rolling Mill BSC, Hindalco Industries Ltd., Hulamin Ltd., i2r Packaging Solutions Ltd., Kibar Holding AS, Pactiv Evergreen Inc., Symetal SA, Tekni Plex Inc., United Company RUSAL, Wyda Packaging (Pty) Ltd., and Futuristic Packaging Pvt. Ltd.. Also, the aluminum foil packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.