Global Aluminum Foil Packaging Market Growth 2023-2029

Global Aluminum Foil Packaging Market Growth 2023-2029

Aluminum Foil Packaging refers to the aluminum foil material which is used in the packaging industry. The aluminum foil used for packing materials is aluminium prepared in thin metal leaves with a thickness less than 0.2 mm (7.9 mils); thinner gauges down to 6 micrometres (0.24 mils) are also commonly used.

LPI (LP Information)' newest research report, the “Aluminum Foil Packaging Industry Forecast” looks at past sales and reviews total world Aluminum Foil Packaging sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminum Foil Packaging sales for 2023 through 2029. With Aluminum Foil Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminum Foil Packaging industry.

This Insight Report provides a comprehensive analysis of the global Aluminum 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 Aluminum Foil Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aluminum Foil Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminum 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 Aluminum Foil Packaging.

The global Aluminum Foil Packaging market size is projected to grow from US$ 11730 million in 2022 to US$ 17420 million in 2029; it is expected to grow at a CAGR of 17420 from 2023 to 2029.

Global Aluminum Foil Packaging key players include Alcoa, Hydro, Rio Tinto Group, Novelis, UACJ, etc. Global top five players hold a share about 40%.

Europe is the largest market, with a share about 35%, followed by North America and China, having a total share about 30 percent.

In terms of product, Light gauge foil is the largest segment, with a share about 50%. And in terms of application, the largest application is Pharmaceutical packaging, followed by Cigarette packaging, Food packaging, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Foil Packaging market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Heavy gauge foil

Medium gauge foil

Light gauge foil

Other

Segmentation by application

Pharmaceutical packaging

Cigarette packaging

Food packaging

Other

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.

Alcoa

Hydro

Rio Tinto Group

Novelis

UACJ

RUSAL

Assan Aluminyum

Aleris

Kobelco

Lotte Aluminium

Norandal

GARMCO

Symetal

Hindalco

Alibérico Packaging

ACM Carcano

Votorantim Group

Xiashun Holdings

SNTO

Shenhuo Aluminium Foil

LOFTEN

Nanshan Light Alloy

Zhenjiang Dingsheng Aluminum

CHINALCO

Kunshan Aluminium

Henan Zhongfu Industrial

Huaxi Aluminum

Northeast Light Alloy

Haoxin Aluminum Foil

Zhejiang Zhongjin Aluminium

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aluminum Foil Packaging market?

What factors are driving Aluminum Foil Packaging market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aluminum Foil Packaging market opportunities vary by end market size?

How does Aluminum Foil Packaging break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.