The global aluminum foil packaging market size reached US$ 33.6 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 43.7 Billion by 2027, exhibiting a CAGR of 4.48% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Aluminum foil is a recyclable, malleable and non-toxic rolled sheet, which is widely available in varying thickness depending on its application. It provides protection against light, moisture, grease, microorganisms, bacteria, oxygen and other gases. It is extensively utilized in the manufacturing of aseptic packaging that enables the storage of perishable goods without refrigeration. Moreover, containers and trays made using aluminum foil are used in the packaging of pet food, as well as takeaway and ready-to-eat (RTE) snacks. It also finds applications in the packaging of different dosage forms of medications, including capsules, creams, lotions, liquid and powders.
The escalating demand for food and beverage (F&B) products through online food delivery platforms is increasing the utilization of aluminum foil containers, which, in turn, is bolstering the market growth. Additionally, aluminum foil is combined with flexible films to form a barrier layer and create lightweight, flexible packages. These packages are used in the packaging of powdered-milk, pet food, tuna, coffee, soups and a number of other food products. It is also utilized in the packing of cosmetic products for protecting them from contamination during transportation and shipping. Furthermore, aluminum foil coated with water-based latex and greaseproof paper is employed in the packaging of dairy products, such as butter, cheese and margarine. Composite containers made using aluminum foil are also gaining traction to preserve chilled beverages. Moreover, the rising demand for pharmaceutical products due to the increasing prevalence of diseases, along with the imposition of plastic ban in several countries, is also contributing to the market growth. Besides this, due to the growing concerns about the spread of the coronavirus disease (COVID-19) through packaging surfaces, manufacturers are utilizing aseptic packaging to maintain the sterility of products, which is expected to drive the market further.
Food and Beverage
Tobacco
Pharmaceuticals
Cosmetics
Others
Aluminum foil is a recyclable, malleable and non-toxic rolled sheet, which is widely available in varying thickness depending on its application. It provides protection against light, moisture, grease, microorganisms, bacteria, oxygen and other gases. It is extensively utilized in the manufacturing of aseptic packaging that enables the storage of perishable goods without refrigeration. Moreover, containers and trays made using aluminum foil are used in the packaging of pet food, as well as takeaway and ready-to-eat (RTE) snacks. It also finds applications in the packaging of different dosage forms of medications, including capsules, creams, lotions, liquid and powders.
The escalating demand for food and beverage (F&B) products through online food delivery platforms is increasing the utilization of aluminum foil containers, which, in turn, is bolstering the market growth. Additionally, aluminum foil is combined with flexible films to form a barrier layer and create lightweight, flexible packages. These packages are used in the packaging of powdered-milk, pet food, tuna, coffee, soups and a number of other food products. It is also utilized in the packing of cosmetic products for protecting them from contamination during transportation and shipping. Furthermore, aluminum foil coated with water-based latex and greaseproof paper is employed in the packaging of dairy products, such as butter, cheese and margarine. Composite containers made using aluminum foil are also gaining traction to preserve chilled beverages. Moreover, the rising demand for pharmaceutical products due to the increasing prevalence of diseases, along with the imposition of plastic ban in several countries, is also contributing to the market growth. Besides this, due to the growing concerns about the spread of the coronavirus disease (COVID-19) through packaging surfaces, manufacturers are utilizing aseptic packaging to maintain the sterility of products, which is expected to drive the market further.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global aluminum foil packaging market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, packaging type, foil type, thickness end use industry.Breakup by Product:
- Foil Wraps
- Pouches
- Blisters
- Containers
- Others
Breakup by Packaging Type:
- Rigid Packaging
- Flexible Packaging
- Semi-Rigid Packaging
Breakup by Foil Type:
- Printed
- Unprinted
Breakup by Thickness:
- 0.007 mm - 0.09 mm
- 0.09 mm - 0.2 mm
- 0.2 mm - 0.4 mm
Food and Beverage
Tobacco
Pharmaceuticals
Cosmetics
Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Alcoa Corporation, Aliberico Slu, Alufoil Products Pvt. Ltd., Amcor Plc, Carcano Antonio S.p.A., Constantia Flexibles, Coppice Alupack Ltd. (Euro Packaging UK Ltd.), JW Aluminum, Novelis Inc. (Hindalco Industries), Raviraj Foils Limited and Zhangjiagang Goldshine Aluminium Foil Co. Ltd.Key Questions Answered in This Report:
- How has the global aluminum foil packaging market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global aluminum foil packaging market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the packaging type?
- What is the breakup of the market based on the foil type?
- What is the breakup of the market based on the thickness?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global aluminum foil packaging market and who are the key players?
- What is the degree of competition in the industry?
Frequently Asked Questions about the Global Aluminum Foil Packaging Market
What is the estimated value of the Global Aluminum Foil Packaging Market?
What is the growth rate of the Global Aluminum Foil Packaging Market?
What is the forecasted size of the Global Aluminum Foil Packaging Market?
Who are the key companies in the Global Aluminum Foil Packaging Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 146 |
| Published | August 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 33.6 Billion |
| Forecasted Market Value ( USD | $ 43.7 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Aluminium Foil Packaging Market
6 Market Breakup by Product
7 Market Breakup by Packaging Type
8 Market Breakup by Foil Type
9 Market Breakup by Thickness
10 Market Breakup by End Use Industry
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Alcoa Corporation
- Aliberico Slu
- Alufoil Products Pvt. Ltd.
- Amcor Plc
- Carcano Antonio S.p.A.
- Constantia Flexibles
- Coppice Alupack Ltd. (Euro Packaging UK Ltd.)
- JW Aluminum
- Novelis Inc. (Hindalco Industries)
- Raviraj Foils Limited
- Zhangjiagang Goldshine Aluminium Foil Co. Ltd.
Methodology
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