APEJ Region Offers the Largest Opportunity for Sales of Lightweight Aluminium Bags and Pouches - Fact.MR Study

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Lightweight Aluminium Bags and Pouches market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Lightweight Aluminium Bags and Pouches

The report offers actionable and valuable market insights of Lightweight Aluminium Bags and Pouches. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Lightweight Aluminium Bags and Pouches Market across various industries and regions.

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This newly published and insightful report sheds light on Market Insights of Lightweight Aluminium Bags and Pouches, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Lightweight Aluminium Bags and Pouches Market.

By value, Fact.MR has projected over 6% CAGR for aluminium bag and pouch sales during 2021-2031. In terms of volume, demand is expected to increase at around 5.7% CAGR over the same period.

As per Fact.MR’s projections, together, APEJ and Europe are projected to hold around more than 55% market share through 2031. China, Japan, India, Germany, Russia, and Thailand are markets expanding at high CAGRs.
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of Lightweight Aluminium Bags and Pouches across the globe.

A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Lightweight Aluminium Bags and Pouches during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Market Segmentation

Fact.MR has studied the Lightweight Aluminium Bags and Pouches market with detailed segmentation on the basis of thickness, foil type, application, and key regions.

Thickness
0.007-0.09 mm
0.09-0.2 mm
0.2-0.4 mm

Foil Type
Printed
Unprinted

Application
Food Packaging
Beverage Packaging
Pharmaceutical Packaging
Personal Care & Cosmetics Packaging
Others

Region
North America
Latin America
Europe
Japan
APAC
Middle East & Africa

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Competition Analysis        
While tier-1 companies account for over one-third of the share, the tier-2 and tier-3 players have strong regional hold in their domestic markets. Majority of companies have focused on product launches and expansion of manufacturing units in developing regions.

Strategies include innovation, collaborations with key players, partnerships, strategic alliances, and strengthening of regional and global distribution networks.

On 9 February 2021, Novalis Inc. has invested $300 Mn in China to expand its automotive aluminium capability of Zhenjiang plant to carter growing demand in Japan and Korea.

On 25 November 2019, Hulamin Ltd. Has acquired aluminium rolling slab business of Isizinda Aluminium. The acquisition will help company in expansion as well as it will become leader in the South Africa.

In April 2019, Amcor Amlite Ultra recyclable made from high barrier polyolefin film. It can be used across an array of applications including food, home and personal care, and pharmaceuticals.

Key Takeaways from Market Study

The Lightweight Aluminium Bags and Pouches packaging market is anticipated to add 1.7X value by 2031.

0.09-0.2 mm thickness Lightweight Aluminium Bags and Pouches capture a more than 45% share of the global market, and are set to create an absolute $ opportunity of between US$ 2 to 3 Bn over 2021-2031.

Among the applications, the pharmaceuticals sector has been the fastest-growing segment.
APEJ is set to dominate market revenue in 2021, and is expected to gain nearly 120 basis points by 2031.

The market in China and the U.S. is expected to rise at close to 7% CAGR through 2031.

Due to the COVID-19 crisis, demand for Lightweight Aluminium Bags and Pouches was hit in 2020, which saw a net decline of around 1.6% over the 2nd and 3rd quarters.

“High R&D spending to improve quality and recyclability of aluminium bags to aid market growth over coming years,”says a Fact.MR analyst.

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More Valuable Insights on Lightweight Aluminium Bags and Pouches Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Lightweight Aluminium Bags and Pouches, Sales and Demand of Lightweight Aluminium Bags and Pouches, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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