Global Aluminum Oxide Coated Film (AlOx Coated Film) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Aluminum Oxide Coated Film (AlOx Coated Film) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

AlOx coating is the application of a thin and highly transparent coating of aluminum oxide on packaging films that gives the materials extremely high moisture and gas barrier properties that rival those of aluminum foils and metalized Films. It is widely used in food and non-food industries.

Market Overview:

The latest research study on the global Aluminum Oxide Coated Film (AlOx Coated Film) market finds that the global Aluminum Oxide Coated Film (AlOx Coated Film) market reached a value of USD 578.74 million in 2022. It’s expected that the market will achieve USD 1453.64 million by 2028, exhibiting a CAGR of 16.59% during the forecast period.

Development of the food and beverage industry

The food and beverage industry is one of the main end application areas of Aluminum Oxide Coated Film (AlOx Coated Film). In recent years, residents' spending on food and beverages has been on a rising trend, which provides opportunities for the development of the Aluminum Oxide Coated Film (AlOx Coated Film) industry. According to the Statistisches Bundesamt, the final consumption expenditure of German households in 2021 is lower than in 2020. But data shows spending on food and beverages is at a growing level. The steady growth of the food and beverage industry has become one of the main driving forces for the development of the Aluminum Oxide Coated Film (AlOx Coated Film) industry. Its stable development and broad market space can greatly drive the demand for Aluminum Oxide Coated Film (AlOx Coated Film). In addition, as consumers have higher and higher requirements for the convenience and safety of food and beverage packaging, food and beverage manufacturers will be more detailed in the selection and performance of food packaging and its materials. Aluminum Oxide Coated Film (AlOx Coated Film) packaging materials with high technology content, good use effect, light weight and convenience, safety and environmental protection are increasingly favored by food and beverage packaging companies.

Development of Packaging Materials Industry

The packaging material industry is a global and sustainable industry. Due to its multiple functions such as protecting commodities, facilitating circulation, facilitating consumption, promoting sales and enhancing added value, packaging products are more and more widely used in modern society and have become a commodity in circulation. indispensable component. Packaging materials play an irreplaceable role in various fields. The upgrading of consumption and the rapid development of the consumer goods industry drive the development of the entire plastic packaging industry. For example, the consumer electronics industry is an important downstream application industry of Aluminum Oxide Coated Film (AlOx Coated Film), and its demand is mainly reflected in product packaging, process consumables, labels, etc. In recent years, driven by factors such as the continuous development of mobile Internet technology, the improvement of the manufacturing level of consumer electronic products and the improvement of residents' income level, the consumer electronics industry has maintained a relatively large market size. In the future, with the integration of emerging technologies such as 5G, Internet of Things, artificial intelligence, and new displays with consumer electronic products, product upgrades will be accelerated, new product forms will be born, and the scale of the consumer electronics market will remain at a relatively high level. The broad market space of consumer electronics can drive the demand for Aluminum Oxide Coated Film (AlOx Coated Film). Therefore, Aluminum Oxide Coated Film (AlOx Coated Film) is an advanced product in the packaging material industry. With the increasing application of packaging in food, beverage, medical hygiene, consumer electronics and other fields, it provides strong support for the development of the Aluminum Oxide Coated Film (AlOx Coated Film) industry.

Region Overview:

In 2021, the share of the Aluminum Oxide Coated Film (AlOx Coated Film) market in United States stood at 35.78%.

Company Overview:

Uflex Ltd., Jindal Poly Films, Toray Advanced Film Co., Ltd. were the top 3 players in the Aluminum Oxide Coated Film (AlOx Coated Film) market in 2022, taking up a market share of 70.89% together.

Segmentation Overview:

Among different product types, Polyethylene Terephthalate (PET) segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Food segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Aluminum Oxide Coated Film (AlOx Coated Film) market covered in Chapter 3:

Uflex Ltd.
Ultimet Films Ltd.
Eurocast Sp. z o.o.
Trias Sentosa
Jindal Poly Films
Toray Advanced Film Co., Ltd.
JBF Bahrain SPC
Vacmet India Ltd
Celplast Metallized Products Limited

In Chapter 4 and Chapter 14.2, on the basis of types, the Aluminum Oxide Coated Film (AlOx Coated Film) market from 2018 to 2029 is primarily split into:

Polyethylene Terephthalate (PET)
Biaxially Oriented Polypropylene (BOPP)
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Aluminum Oxide Coated Film (AlOx Coated Film) market from 2018 to 2029 covers:

Food
Pharmaceuticals
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)