Global Aluminium Foil Packaging Market Growth (Status and Outlook) 2023-2029
Aluminium foil provides various benefits to the food and packaging industries. The consumers can heat or freeze food items in the foil container directly. Aluminium foil packaging material is a part of the flexible packaging material and is generally formed using aluminium sheets. Aluminium foil can be utilized to wrap around any product for packaging functions. It is produced through the regular casting and cold calling. Aluminium foil packaging is a sort of packaging, which arranges a resistant barrier to safeguard food, beverage, cosmetics and pharmaceuticals and helps in waste reduction. Aluminium packaging is extremely corrosion-resistant and chemically neutral. Moreover, it is hygienic and non-toxic in nature. The raw materials for aluminium foil packaging is produced utilizing aluminium sheets and it is a part of stretchable packaging material.
LPI (LP Information)' newest research report, the “Aluminium Foil Packaging Industry Forecast” looks at past sales and reviews total world Aluminium Foil Packaging sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminium Foil Packaging sales for 2023 through 2029. With Aluminium Foil Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminium Foil Packaging industry.
This Insight Report provides a comprehensive analysis of the global Aluminium Foil Packaging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aluminium Foil Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aluminium Foil Packaging market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminium Foil Packaging and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aluminium Foil Packaging.
The global Aluminium Foil Packaging market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Robust economic growth along with rising middle population with inclining personal disposable income is anticipated to intensify the growth of global aluminium foil packaging market during the forecast period. The change in life style which includes changed food habits has led to inclining demand for packaging. Besides this, robust demand for aluminium foil packaging in snacks and chocolate industry are also strengthening the growth of aluminium foil packaging market all across the globe. Some of the major opportunities in global aluminium foil packaging market includes technological development to enhance the product quality, reduction in plants lossess, inclination in the obtainability of foils in different forms for crucial mass consumption usages and progress in the exportability of aluminium foils. The global aluminium foil packaging market is foreseen to observe a robust CAGR during the projected period.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminium Foil Packaging market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Rigid Aluminium Packaging
Semi-Rigid Packaging
Flexible Packaging
Segmentation by application
Healthcare
Cosmetics
Food & Beverages
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ardagh Group
ACM Carcano
Tetra Pack
Jasch Foils
Assan Aluminyum
Amcor
Please note: The report will take approximately 2 business days to prepare and deliver.