Report

Global Aluminum Foil Packaging Market Size study, by Product Outlook (Foil Wraps, Pouches, Blisters, Containers, Others) by End-use Outlook (Food & Beverage, Tobacco, Pharmaceutical, Cosmetic, Others) and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Aluminum Foil Packaging Market is valued approximately USD 33.56 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.5 % over the forecast period 2021-2027. Aluminum Foil Packaging is prepared with a thin metal leaf with thickness less than 0.2 mm or 7.9 mils. Aluminum foil packaging is used in packaging of foods, cosmetics, and chemical products. It has shiny as well as matte side. Shinny side is prepared when the aluminum is rolled while the final roll. The increasing technological advancement and product innovation is driving the market growth for aluminum foil packaging market for the forecasted period. For Instance: in June 2019, Bemis Company was acquired by Amcor PLC, which started manufacturing unit for packaging and invested nearly USD 6.8 billion. Also, with the increasing urban population with changing consumer lifestyle the adoption & demand for Aluminum Foil Packaging is likely to increase the market growth during the forecast period. However, increase in adoption of alternative packaging products is likely to limit the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Aluminum Foil Packaging market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the significant region across the world in terms of market share owing to the growing middle-class population and business expanding their consumer market for end-use application such as food, beverage and pharmaceuticals. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as growing awareness about sustainable packaging solutions among consumers would create lucrative growth prospects for the Aluminum Foil Packaging market across Asia-Pacific region.

Major market player included in this report are:

Amcor plc

Constantia Flexibles

Novelis Aluminum

Raviraj Foils Limited

Ampco

Symetal

Aliberico S.L.U

Coppice alupack ltd

Eurofoil Luxembourg S.A.

Reynolds group holdings limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Outlook:

Foil Wraps

Pouches

Blisters

Containers

Others

By End-use Outlook:

Food & Beverage

Tobacco

Pharmaceutical

Cosmetic

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Aluminum Foil Packaging Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors