Report overview
The global Aluminum Foil Packaging market was valued at 1080.43 Million USD in 2021 and will grow with a CAGR of 5.41% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Aluminum Foil Packaging refers to the aluminum foil material which is used in the packaging industry. The aluminum foil used for packing materials is aluminium prepared in thin metal leaves with a thickness less than 0.2 mm (7.9 mils); thinner gauges down to 6 micrometres (0.24 mils) are also commonly used.Currently, the world`s leading consumer of aluminum foil packaging market in Europe and North America, while the aluminum foil packaging consumption in China and Asia is far below the level of the above areas, especially in China, in all aluminum foil consumption, packaging materials only about 25%. But China is the world`s fastest growing area as to consumption of aluminum foil packaging, in recent years, compound annual growth rate remained at around 13%, which increased significantly in the areas of food and pharmaceutical packaging. But with the upstream raw material prices continue to decline, resulting in most of the manufacturers of aluminum foil gross margin decreased to some extent. Currently, as to the aluminum foil industrial structure, the aluminum industry structure needs to adjust right now, while subject to the lock of technology in China, the current production of aluminum foil products in the region is difficult to enter the national high-end market, Technology directly affects the pace of Chinese products to enter the international market. As to the downstream market, at present, Europe and America aluminum foil packaging has been very mature, and in Asia, compared to China, Korea and Japan, the development of aluminum foil packaging is more mature, but still below the level of Europe and the United States, but in Japan in pharmaceutical aluminum foil packaging has a great advantage. Overall, the current global aluminum foil packaging market is large, while develop rapidly, compared to primary aluminum, the added value of the product is much more, so the study group take attitude optimistic about the industry.
By Market Verdors:
Alcoa
Hydro
Rio Tinto Group
Novelis
UACJ
RUSAL
Assan Aluminyum
Aleris
Kobelco
Lotte Aluminium
Norandal
GARMCO
Symetal
Hindalco
Alib?rico Packaging
ACM Carcano
Votorantim Group
Xiashun Holdings
SNTO
Shenhuo Aluminium Foil
LOFTEN
Nanshan Light Alloy
Zhenjiang Dingsheng Aluminum
CHINALCO
Kunshan Aluminium
Henan Zhongfu Industrial
Huaxi Aluminum
Northeast Light Alloy
Haoxin Aluminum Foil
Zhejiang Zhongjin Aluminium
By Types:
Heavy gauge foil
Medium gauge foil
Light gauge foil
By Applications:
Pharmaceutical packaging
Cigarette packaging
Food packaging
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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