Global Recycled Aluminum Packaging Market Growth 2024-2030
Recycled aluminum packaging is an increasingly popular choice due to its numerous environmental and economic benefits. Aluminum is infinitely recyclable, meaning it can be recycled repeatedly without losing its quality or properties. This makes it a highly sustainable material for packaging, significantly reducing the need for raw material extraction and energy consumption. The recycling process for aluminum also emits fewer greenhouse gases compared to the production of new aluminum, contributing to a lower carbon footprint. Moreover, the recycling industry for aluminum creates jobs and stimulates economic growth. As consumer awareness about sustainability rises, the demand for products packaged in recycled aluminum is expected to grow, further driving innovation and efficiency in the recycling processes.
The global Recycled Aluminum Packaging market size is projected to grow from US$ 7152 million in 2024 to US$ 10050 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Recycled Aluminum Packaging Industry Forecast” looks at past sales and reviews total world Recycled Aluminum Packaging sales in 2023, providing a comprehensive analysis by region and market sector of projected Recycled Aluminum Packaging sales for 2024 through 2030. With Recycled Aluminum Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Aluminum Packaging industry.
This Insight Report provides a comprehensive analysis of the global Recycled Aluminum 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 Recycled Aluminum Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Recycled Aluminum Packaging market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Aluminum 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 Recycled Aluminum Packaging.
United States market for Recycled Aluminum Packaging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Recycled Aluminum Packaging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Recycled Aluminum Packaging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Recycled Aluminum Packaging players cover Novelis, Constellium, Norsk Hydro, Rio Tinto, Speira, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Aluminum Packaging market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Bags & Pouches
Cans & Bottles
Laminated Tubes
Other
Segmentation by Application:
Food & Beverages
Pharmaceuticals
Personal Care & Cosmetics
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 analysing the company's coverage, product portfolio, its market penetration.
Novelis
Constellium
Norsk Hydro
Rio Tinto
Speira
AMAG Austria Metall AG
Ball Corporation
TRIMET Aluminium
Rusal
Arconic
Key Questions Addressed in this Report
What is the 10-year outlook for the global Recycled Aluminum Packaging market?
What factors are driving Recycled Aluminum Packaging market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Recycled Aluminum Packaging market opportunities vary by end market size?
How does Recycled Aluminum Packaging break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.