Global Aluminum Packaging Market to grow at a CAGR of 3.35% during 2017-2021 - flexibility, durability, and sustainability features to drive the Market Growth

Albany, NY, March 03, 2017: The global aluminum packaging market includes aluminum sheets, foils, and other aluminum product types for packaging. Aluminum products for packaging are used for their flexibility, durability, and sustainability in applications such as consumer packaging and pharmaceutical packaging. Aluminum products are preferred for packaging because they do not emit hazardous gasses during processing and are recyclable.

The global aluminum market for packaging industry to grow at a CAGR of 3.35% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global aluminum market for packaging industry for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of aluminum for packaging applications such as consumer packaging and pharmaceutical packaging to calculate the market size by considering 2016 as the base year.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Aluminum Market for Packaging Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Alcoa
- GARMCO
- Hindalco
- Norsk Hydro
- RUSAL

Other prominent vendors
- Ess Dee Aluminium
- Constellium
- Aleris
- Tajik Aluminium (TALCO)
- Logan Aluminum
- Hulamin

Market driver
- Increase in demand from healthcare industry.
- For a full, detailed list, view our report

Market challenge
- Upstream industry challenges driven by trade policies in China, affecting downstream growth.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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