Global Sales Of Aluminum Foil Packaging Is Likely To Increase At Above 4% CAGR Through 2031

Newly published Fact.MR data establishes that the aluminum foil packaging market is expected to register a CAGR exceeding 4%, reaching US$ 55 Bn by the end of the 2021-2031 assessment period. According to the study, aluminum foil packaging revenues will expand 1.5x during the aforementioned forecast period. An effective alternative to plastic-based packaging coupled with robust structural properties is driving market growth.

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Key Takeaways from the Market Study

Aluminum foil pouches to account for at least 2 out of 5 sales by product type through 2031
By end user, cosmetics industry to remain primary utilizer, expected to surge at a CAGR of 5%
Sales of aluminum foil packaging products in the U.S to soar at a CAGR of 4% through 2031
China to capture nearly 50% of the global market revenue for aluminum foil packaging products
Europe to experience identical growth figure as the U.S until 2031
Germany to create an absolute opportunity worth US$ 200 Mn until 2025, expanding 2.1x until 2031
"The rising use of aluminum foil in bags and pouches in pharma is also showing rapid growth since the pandemic and has been widely accepted by medical sectors and consumers, showing a broader application scope," says the Fact.MR analyst.

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Competitive Landscape

Strategic collaborations can increase the revenue and market share of aluminum foil packaging. New technologies and products allow manufacturers to expand into new markets.

On October 02, 2020, Aluflexpack Group acquired the integration of Top-System. It was a great next step in Aluflexpack's development. A strategic location with modern production equipment at great value can be scaled up easily and will develop substantially fast.
ANG Lifescience India purchased Mansa Print & Publishers. A corporate insolvency resolution plan allows this acquisition to be done at a very economical cost. The company sought to advance its backward integration strategy as it continues to expand rapidly in the pharma segment. Packaging costs in formulations represent almost 15 to 20 percent of product costs.

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Key Segments Covered

Product
Aluminum Foil Wraps
Aluminum Pouches
Aluminum Blisters
Aluminum Containers
Other Aluminum Foil Packaging Products
End User
Aluminum Foil Packaging for Food & Beverage
Aluminum Foil Packaging for Tobacco Industry
Aluminum Foil Packaging for Pharmaceuticals
Aluminum Foil Packaging for Cosmetics
Aluminum Foil Packaging for Others

The Aluminum Foil Packaging Market report will improve the revenue impact of businesses in various industries by:

Developing a framework for comprehending the attractiveness quotient of various products/solutions/technologies in the Aluminum Foil Packaging Market
assisting stakeholders in identifying major problem areas related to their global Aluminum Foil Packaging Market consolidation plans and providing solutions
Evaluating the impact of changing regulatory dynamics in locations where corporations want to extend their footprints
Provides insight of disruptive technological developments to assist firms in making smooth transitions.
assisting leading organisations in recalibrating their strategies ahead of competition and peers
Provides insights into prospective synergies for top firms looking to maintain their market leadership in the Aluminum Foil Packaging Market.

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After reading the Aluminum Foil Packaging Market report, readers get insight into:

Major motivators and impediments, possibilities and problems, and the competitive landscape
New and promising avenues in strategic areas
New revenue streams for all emerging market players
The emphasis and shifting roles of various regulatory authorities in supporting new opportunities in distinct regions
Patterns of demand and uptake in key industries of the Aluminum Foil Packaging Market
New R&D projects on emerging technologies in major regional markets
Changing revenue share and product segment size of key product segments over the projection period
Technologies and business strategies with the potential to disrupt

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