Market Overview:
The global aluminum foil packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lightweight and durable packaging solutions across various industries, such as pharmaceuticals, food & beverage, and cigarettes. In terms of type, the heavy gauge foil segment is expected to lead the global aluminum foil packaging market during the forecast period. This can be attributed to its high strength and durability compared with other types of aluminum foils. In terms of application, food packaging is expected to account for a major share of the global aluminum foil packaging market during the forecast period.
Product Definition:
Aluminum foil packaging is a type of packaging that uses aluminum foil as the primary material. Aluminum foil is a thin, silver-colored metal that is made by rolling sheets of aluminum alloy. It has many uses, including food packaging, insulation, and roofing.
Heavy gauge foil:
Heavy gauge foil is a type of metal foil that has a thickness greater than 0.3mm and is generally used in food packaging applications. It offers several advantages over standard aluminum foils such as high puncture resistance, superior barrier properties, and longer shelf life among others.
Medium gauge foil:
Medium gauge foil is a type of aluminum foil, which has a thickness between 0.1 and 0.2 mm. It is used in the packaging of products such as frozen foods, bakery products, and other convenience goods due to its properties such as low weight and high thermal conductivity among others.
Application Insights:
Aluminum foil packaging is majorly used in the food industry for covering, cooking and transporting food products. The segment accounted for over 40% of the overall revenue share in 2017 and is expected to continue its dominance over the forecast period. Growing demand for packaged meals, snacks and ready-to-eat products has been a key factor driving product demand in this application segment.
The pharmaceutical industry also accounted for a significant market share on account of high product utilization to protect drugs from UV light, moisture & oxygen as well as from microbial contamination during storage & transportation. Other applications include electronic equipment (e-waste), personal care products (cosmetics) where aluminum foil lamination technique is used to enhance properties such as strength, durability and corrosion resistance of packaging materials required by these industries respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a significant rate over the forecast period. This growth can be attributed to increasing aluminum foil production across various industries such as food & beverage, pharmaceuticals, cosmetics among others.
The Asia Pacific market was followed by Europe with a share of more than 20% in terms of volume in 2017 owing to high demand from several major end-use sectors including packaging, automotive, construction among others. The European market was valued at USD X million in 2017 and is projected to expand at an estimated CAGR 6%, during the forecast period on account rising product demand from several major end-use sectors including packaging, automotive among others).
North America emerged as one of the prominent markets for aluminum foil products with a share exceeding 15%.
Growth Factors:
- Increasing demand for lightweight and durable packaging solutions in food and beverage industry
- Rising demand from end-use industries such as pharmaceuticals, cosmetics, and processed foods
- Growing popularity of aluminum foil packaging among consumers for its superior barrier properties
- Technological advancements in the manufacturing process of aluminum foil packaging
- Rising disposable income levels of consumers across the globe
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Foil Packaging Market Research Report
By Type
Heavy gauge foil, Medium gauge foil, Light gauge foil, Other
By Application
Pharmaceutical packaging, Cigarette packaging, Food packaging, Other
By Companies
Alcoa, Hydro, Rio Tinto Group, Novelis, UACJ, RUSAL, Assan Aluminyum, Aleris, Kobelco, Lotte Aluminium, Norandal, GARMCO, Symetal, Hindalco, Alibérico 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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Foil Packaging Market Report Segments:
The global Aluminum Foil Packaging market is segmented on the basis of:
Types
Heavy gauge foil, Medium gauge foil, Light gauge foil, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical packaging, Cigarette packaging, Food packaging, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcoa
- Hydro
- Rio Tinto Group
- Novelis
- UACJ
- RUSAL
- Assan Aluminyum
- Aleris
- Kobelco
- Lotte Aluminium
- Norandal
- GARMCO
- Symetal
- Hindalco
- Alibérico 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
Highlights of The Aluminum Foil Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Heavy gauge foil
- Medium gauge foil
- Light gauge foil
- Other
- By Application:
- Pharmaceutical packaging
- Cigarette packaging
- Food packaging
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Foil Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum foil packaging is a type of packaging made from aluminum sheets that are folded together to create an envelope-like shape. The aluminum foil is then cut into small pieces and sealed together with a hot glue or adhesive. This type of packaging is used to protect products from moisture, oxygen, and other elements.
Some of the key players operating in the aluminum foil packaging market are Alcoa, Hydro, Rio Tinto Group, Novelis, UACJ, RUSAL, Assan Aluminyum, Aleris, Kobelco, Lotte Aluminium, Norandal, GARMCO, Symetal, Hindalco, AlibƒÂ©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.
The aluminum foil packaging market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aluminum Foil Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aluminum Foil Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aluminum Foil Packaging Market - Supply Chain
4.5. Global Aluminum Foil Packaging Market Forecast
4.5.1. Aluminum Foil Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aluminum Foil Packaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aluminum Foil Packaging Market Absolute $ Opportunity
5. Global Aluminum Foil Packaging Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aluminum Foil Packaging Market Size and Volume Forecast by Type
5.3.1. Heavy gauge foil
5.3.2. Medium gauge foil
5.3.3. Light gauge foil
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aluminum Foil Packaging Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aluminum Foil Packaging Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical packaging
6.3.2. Cigarette packaging
6.3.3. Food packaging
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aluminum Foil Packaging Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aluminum Foil Packaging Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aluminum Foil Packaging Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aluminum Foil Packaging Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aluminum Foil Packaging Demand Share Forecast, 2019-2026
9. North America Aluminum Foil Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aluminum Foil Packaging Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aluminum Foil Packaging Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical packaging
9.4.2. Cigarette packaging
9.4.3. Food packaging
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aluminum Foil Packaging Market Size and Volume Forecast by Type
9.7.1. Heavy gauge foil
9.7.2. Medium gauge foil
9.7.3. Light gauge foil
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aluminum Foil Packaging Demand Share Forecast, 2019-2026
10. Latin America Aluminum Foil Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aluminum Foil Packaging Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aluminum Foil Packaging Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical packaging
10.4.2. Cigarette packaging
10.4.3. Food packaging
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aluminum Foil Packaging Market Size and Volume Forecast by Type
10.7.1. Heavy gauge foil
10.7.2. Medium gauge foil
10.7.3. Light gauge foil
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aluminum Foil Packaging Demand Share Forecast, 2019-2026
11. Europe Aluminum Foil Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aluminum Foil Packaging Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aluminum Foil Packaging Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical packaging
11.4.2. Cigarette packaging
11.4.3. Food packaging
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aluminum Foil Packaging Market Size and Volume Forecast by Type
11.7.1. Heavy gauge foil
11.7.2. Medium gauge foil
11.7.3. Light gaugefoil
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aluminum Foil Packaging Demand Share, 2019-2026
12. Asia Pacific Aluminum Foil Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aluminum Foil Packaging Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aluminum Foil Packaging Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical packaging
12.4.2. Cigarette packaging
12.4.3. Food packaging
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aluminum Foil Packaging Market Size and Volume Forecast by Type
12.7.1. Heavy gauge foil
12.7.2. Medium gauge foil
12.7.3. Light gauge foil
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aluminum Foil Packaging Demand Share, 2019-2026
13. Middle East & Africa Aluminum Foil Packaging Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aluminum Foil Packaging Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aluminum Foil Packaging Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical packaging
13.4.2. Cigarette packaging
13.4.3. Food packaging
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aluminum Foil Packaging Market Size and Volume Forecast by Type
13.7.1. Heavy gauge foil
13.7.2. Medium gauge foil
13.7.3. Light gauge foil
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aluminum Foil Packaging Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Aluminum Foil Packaging Market: Market Share Analysis
14.2. Aluminum Foil Packaging Distributors and Customers
14.3. Aluminum Foil Packaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alcoa
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hydro
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rio Tinto Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Novelis
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. UACJ
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RUSAL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Assan Aluminyum
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aleris
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kobelco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lotte Aluminium
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Norandal
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GARMCO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Symetal
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hindalco
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Alibérico Packaging
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ACM Carcano
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Votorantim Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Xiashun Holdings
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. SNTO
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenhuo Aluminium Foil
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
