Global Aluminum Foil Market
The global Aluminum Foil market was valued at USD 24090 million in 2020 which expected to reach USD 38400 million by 2027 at a CAGR 6.0% from 2020-2027.
Aluminum foils have a number of benefits for the packaging and food industries, as well as for consumers, such as consumer friendliness and recyclability. Food products can be frozen or heated immediately in the foil container. Aluminum is also used in beverage, confectionery, personal care, health care, and other industrial applications. Over the next few years, the global aluminum foil packaging industry is predicted to rise rapidly.
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Market Drivers
Government regulations governing food safety and quality standards encourage producers to develop efficient packaging solutions that prevent food contamination, assisting the domestic aluminum foil industry's growth. To manufacture lightweight containers, aluminum foil is increasingly being used with flexible films. Pet food, tuna, coffee, and soup packaging alone make 13 billion packets around the world, making them viable alternatives to traditional plastic packaging.
Market Restraints
Raw material prices are volatile due to raw materials account for the lion's share of the costs associated with producing metalized flexible packaging. The metalized flexible packaging's polymers are derived from petroleum. Given the unpredictable trend in crude oil and the high demand for polymers in a variety of applications, the pressure on input costs is likely to fluctuate. Fluctuating raw material prices can have an impact on manufacturing profitability, limiting the growth of metalized flexible packaging.
COVID-19 Impact on the Aluminum Foil Market
The COVID-19 pandemic is wreaking on the aluminum foil sector in several ways. To prevent future viral transmission, governments in hard-hit countries have implemented nationwide lockdowns and travel bans, erecting a number of hurdles throughout the aluminum foil supply chain. As a result, market participants are devising novel tactics to deal with this uncertain period. While demand for aluminum foils in the food and beverage industry will continue slowly, the pharmaceutical business will provide significant growth prospects.
Market Segmentation
The Global Aluminum Foil Market is segmented into End-use, Application. By End-use such Packaging, Industrial. Further, market is segmented into By Application such as Wrapper Foils, Container Foils, Foil Lids, Pouches, Blister Packs, Collapsible Tubes, Others.
Regional Analysis
Global Aluminum Foil Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the Aluminum Foil market. Packaging demand in Asian countries is expected to rise over the forecast period due to rising population. Blister packs, strip packs, sachets and pouches, collapsible tubes, and bottles are all examples of pharmaceutical packaging that use aluminum foil.
Key Players
Various key players are listed in this report such as Hindalco Industries Limited; Amcor Plc; Zhejiang Junma Aluminum Industry; Huawei Aluminium; Eurofoil; ACM Carcano; Assan Aluminyum; Ess Dee Aluminium; Xiamen Xiashun Aluminium Foil Co., Ltd., Southern Aluminium Industry Co. Ltd.
Market Taxonomy
By End-use
By Application
By Region
Key Questions Addressed by the Report
Global Aluminum Foil Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aluminum Foil Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aluminum Foil Market, By End-use
5.1 Y-o-Y Growth Comparison, By End-use
5.2 Global Aluminum Foil Market Share Analysis, By End-use
5.3 Global Aluminum Foil Market Size and Forecast, By End-use
5.3.1 Packaging
5.3.2. Industrial
6 Global Aluminum Foil Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Aluminum Foil Market Share Analysis, By Application
6.3 Global Aluminum Foil Market Size and Forecast, By Application
6.3. 1 Wrapper Foils
6.3.2. Container Foils
6.3.3. Foil Lids
6.3.4. Pouches
6.3.5 Blister Packs
6.3.6 Collapsible Tubes
6.3.7 Others
7 Global Aluminum Foil Market, By Region
7.1 Global Aluminum Foil Market Share Analysis, By Region
7.2 Global Aluminum Foil Market Share Analysis, By Region
7.3 Global Aluminum Foil Market Size and Forecast, By Region
8 North America Aluminum Foil Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Aluminum Foil Market Share Analysis, By End-use
8.3 North America Aluminum Foil Market Size and Forecast, By Application
8.4 North America Aluminum Foil Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Aluminum Foil Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Aluminum Foil Market Share Analysis, By End-use
9.3 Europe Aluminum Foil Market Size and Forecast, By Application
9.4 Europe Aluminum Foil Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Aluminum Foil Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Aluminum Foil Market Share Analysis, By End-use
10.3 Asia Pacific Aluminum Foil Market Size and Forecast, By Application
10.4 Asia Pacific Aluminum Foil Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Aluminum Foil Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Aluminum Foil Market Share Analysis, By End-use
11.3 Latin America Aluminum Foil Market Size and Forecast, By Application
11.4 Latin America Aluminum Foil Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Aluminum Foil Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Aluminum Foil Market Share Analysis, By End-use
12.3 Middle East Aluminum Foil Market Size and Forecast, By Application
12.4 Middle East Aluminum Foil Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Hindalco Industries Limited
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Amcor Plc
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Zhejiang Junma Aluminum Industry
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Huawei Aluminium
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Eurofoil
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 ACM Carcano
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Ess Dee Aluminium
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Tosoh Corporation
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Xiamen Xiashun Aluminium Foil Co., Ltd
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Southern Aluminium Industry Co. Ltd
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies