Press release
Aluminum Foil Packaging Market Research Report 2022, Size, Share, Trends and Forecast to 2027
Aluminum foil is a lightweight metal-based material manufactured in varying thicknesses. It is inexpensive, greaseproof, non-toxic, and durable in nature. This material can be produced for wrapping, lining, cooking, and covering processes during the storage and preparation of food, cosmetics and pharmaceutical products. Aluminum foil packaging protects the product against moisture, oxygen, odor, microorganisms, and light. It is utilized in semi-rigid, flexible and rigid packages for minimizing heat damage during in-thermal processing.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Aluminum foil refers to a recyclable, malleable and non-toxic rolled sheet widely available in varying thicknesses depending on its application. It provides protection against light, moisture, microorganisms, oxygen, and other components that may lead to product spoilage. Aluminum foil is extensively used in manufacturing aseptic packaging that enables the storage of perishable goods without refrigeration. It also finds various applications in the packaging of pet food, ready-to-eat (RTE) food items, cosmetics, pharmaceutical products, etc.
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Market Trends
The escalating demand for convenient-to-transport and easy-to-use packaging options is significantly influencing the global aluminum foil packaging market growth. The inflating sales of fast-moving consumer goods (FMCG) and economic growth in developing countries are further driving the market toward growth. Besides this, rapid expansion in the pharmaceutical, cosmetics, and food and beverage (F&B) industries is also contributing to the market growth. Moreover, governments of various nations have been implementing stringent regulations that mandate food manufacturers to use effective packaging solutions to prevent contamination. This is creating new growth prospects for manufacturers in the packaging industry across the globe, which, in turn, is acting as a growth-inducing factor. Looking forward, the market is projected to grow at a CAGR of 4.4% during 2022-2027.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/aluminum-foil-packaging-market
List of Key Companies Covered in this Market Report:
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.
The report has segmented the market on the basis of product, packaging type, foil type, thickness, end use industry, application and geography
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:
007 mm - 0.09 mm
09 mm - 0.2 mm
2 mm - 0.4 mm
Breakup by End Use Industry
Food and Beverage
Tobacco
Pharmaceuticals
Cosmetics
Others
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Reports By IMARC Group
Cold Chain Packaging Market: https://www.imarcgroup.com/cold-chain-packaging-market
Smart Packaging Market: https://www.imarcgroup.com/smart-packaging-market
Plastic Packaging Market: https://www.imarcgroup.com/plastic-packaging-market
Organic Substrate Packaging Material Market: https://www.imarcgroup.com/organic-substrate-packaging-material-market
Flexible Intermediate Bulk Container Market: https://www.imarcgroup.com/flexible-intermediate-bulk-container-market
Egg Packaging Market: https://www.imarcgroup.com/egg-packaging-market
Edible Packaging Market: https://www.imarcgroup.com/edible-packaging-market
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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