Aluminium Foil Packaging Market 2017: Industry Overview, Trends and Growth Opportunities Forecasted till 2026

The global market discussion on aluminium foil packaging industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Aluminium Foil Packaging Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on aluminium foil packaging market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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As per the latest report by Fact.MR, the global aluminium foil packaging market is likely to witness moderate growth. The market is also projected to register 4.5% CAGR in terms of volume during 2017-2026. The global market for aluminium foil packaging is also estimated to reach US$ 21,821.2 million revenue by the end of 2026.

Aluminium Foil Packaging to be used widely in Food Service Packaging

Based on the product type, rigid non-compartmental trays are expected to witness the highest growth. The rigid non-compartmental trays are estimated to bring in more than US$ 7,200 million revenues by 2026 end.

Based on the end use, aluminium foil packaging are likely to be used on a large scale for food service packaging. Towards the end of 2026, food service packaging is projected to reach close to US$ 7,600 million revenue. Aluminium foil helps in keeping the food fresh and hot for a long time.

Asia Pacific Excluding Japan (APEJ) to Lead the Global Market for Aluminium Foil Packaging

APEJ is likely to emerge as the leading region in the global aluminium foil packaging market during the forecast period 2017-2026. Increasing preference for convenient packaging and changing lifestyle in the region is driving the demand for aluminium foil packaging in the food industry. Restaurants and food chains are also using aluminium foil packaging to pack the food for delivery. Also, aluminium foil packages are easy to recycle, hence, countries such as India and China are also moving towards improving recycling rate by adopting more eco-friendly packaging options. Increasing demand for processed food and beverages in APEJ is also driving the growth of the aluminium foil packaging.

Food Service Packaging to use Aluminium Foil Packaging on a Large Scale

Aluminium foil packages are being used in frozen food packaging, pharmaceutical packaging, bakery product packaging, household product packaging, etc. However, these containers are being used on a large scale in food service packaging. Offering unique packaging style and a wide variety of sizes, aluminium foil containers are able to hold any type of food. Hence, are being used in food service business. Manufacturers of aluminium foil packaging are offering foil cups, foil plates, foil bowls, and microwave safe containers made of aluminium foil for the food service industry. Also, with the growing trend of on-the-go food, the demand for lightweight and easy to carry food packaging is also rising, thereby driving the demand for aluminium foil packaging.

Geographically, Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global aluminium foil packaging market. By 2026 end, APEJ is estimated to surpass US$ 7,800 million revenue. While Europe is also likely to witness impressive growth throughout the forecast period.

Competitive Landscape

Prominent players in the global market for aluminium foil packaging include Nagreeka Indcon Products Pvt. Ltd, Nicholl Food Packaging Limited, Revere Packaging Llc, Reynolds Food Packaging Llc, Contital srL, Penny Plate, LLC, Handi-Foil Corp., Hulamin Ltd, Aleris Corporation, and Pactiv LLC.

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Table of Content:

1. Global Economic Outlook

2. Global Aluminum Foil Containers Market – Executive Summary

3. Global Aluminum Foil Containers Market Overview
3.1. Introduction
3.1.1. Global Aluminum Foil Containers Market Taxonomy
3.1.2. Global Aluminum Foil Containers Market Definition
3.2. Global Aluminum Foil Containers Market Size (US$ Mn), Volume (Ton) and Forecast, 2012-2026
3.2.1. Global Aluminum Foil Containers Market Y-o-Y Growth
3.3. Global Aluminum Foil Containers Market Dynamics
3.4. Global Aluminum Consumption Share and Growth by Region
3.5. Global Aluminum Consumption Share by End Use Industry and Regions
3.6. Global Packaging Sector Outlook
3.7. Value Chain
3.8. Price Point Analysis
4. Global Aluminum Foil Containers Market Analysis and Forecast 2012-2026
4.1. Global Aluminum Foil Containers Market Size and Forecast By Product Type, 2012-2026
4.1.1. Rigid Compartmetal Trays Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume (Ton) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Rigid Non-Compartmental Trays Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) & Volume (Ton) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Industrial Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Industrial Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

This release was published on openPR.