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Aluminum foil lids Market Emerging Trends and Top Key Players to Watch-Winpak, Amcor, Constantia Flexibles, CLONDALKIN in 2018-2028

06-04-2019 01:24 PM CET | Industry, Real Estate & Construction

Press release from: MRR.biz

Aluminum foil lids Market Emerging Trends and Top Key Players

The lightweight and convenient packaging solutions are few latest developments in the packaging industry. The aluminum foil lids are extensively used in packaging of food and beverages products for efficient sealing of the cups or containers used to store food items. Aluminum foil lids are generally precut to the size of trays, cups, jars, etc. to provide convenience to the manufacturers for easy application. It can be in printed or non-printed form. Aluminum foil lids offer excellent barrier properties towards surrounding air, light, and gases to maintain aroma and protect the food items stored in the containers. It is easily sealable on the top of the container and provides leak proof packaging solution. It also improves the shelf life of the products. The secondary aluminum used in the production of aluminum foil lids is easily recyclable and consumes 95% less energy than the production of primary aluminum. The easy recyclability of aluminum also eliminates the need for expensive disposable systems.

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The aluminum foil also prevents food items from coming into contact with harmful germs and bacteria present in the atmosphere. The aluminum foil lids used in the pharmaceutical industry for sealing of different types of drugs packaged in tubes, containers, blisters or bottles.

Aluminum foil lids: Market Dynamics

In recent years, the rise in disposable incomes and consumption levels of the middle-class households in emerging economies boosted the demand for packaged food and beverages products. This, in turn, drives the aluminum foil lids market. The use of plastic bottles or containers to store drugs in the pharmaceutical industry is on the rise which further generates the high demand for aluminum foil lids market. The brand owners are including the aluminum foil lids in the packaging of their products for elevating brand value and product differentiation. The technological innovations in the aluminum foil lid design to minimize waste offer growth opportunity in this market. Many researches show that the use of aluminum in food packaging increases the chances of Alzheimer’s or Parkinson’s disease which may hamper the global aluminum foil lids market in the near future.

Aluminum foil lids: Market Segmentation

Aluminum foil lids market is segmented as follows-

Aluminum foil lids market segmentation by form type–

Reel form
Pre-cut form

Aluminum foil lids market segmentation by sealing type–

Heat seal
Sealant coating

Aluminum foil lids market segmentation by embossing type–

Embossed lids
Unembossed lids

Aluminum foil lids market segmentation by application type–

Cups
Trays
Bottles
Jars
Other Containers

Aluminum foil lids market segmentation by end use –

Food & Beverages
Pharmaceutical
Personal Care
Dairy and dairy products
Ready to eat meals
Others

Aluminum foil lids market: Regional outlook

Geographically, the global Aluminum foil lids market is segmented across following regions- Asia-Pacific, Eastern Europe, Western Europe, North America, Latin America, Middle East and Africa. The North America region dominates the aluminum foil lids market and accounts for around 35% of the total market revenue. The growing demand for packaged food and beverages products such as ready to eat meals will lead to the high demand for aluminum foil lids market in Asia Pacific and MEA region. The manufacturers are shifting their production facilities to developing countries such as India and China to reduce operational costs. The Latin America and Japan also offer untapped growth potential in aluminum foil lids market.

Aluminum foil lids market: Key players

Some of the key players in the global Aluminum foil lids market are Winpak Ltd., Amcor Limited, Constantia Flexibles Group GmbH, CLONDALKIN GROUP, Watershed Packaging Ltd., Bemis Inc., Tadbik Ltd., Daga Poly Laminators Private Limited, Purusharth Packaging, Able Packaging Company, Bright Packing Co., Limited, Jiangyin Jinlai Aluminum Plastic Packi.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

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The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

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