Market Overview:
The global aluminium foil tray 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 convenience foods and the rising disposable income of consumers across the globe. In terms of volume, the global aluminium foil tray market is projected to reach 2,811 million units by 2030. Based on type, the global aluminium foil tray market can be segmented into up to 200 ml, 200 ml-400 ml and 400 ml & above segments. The up to 200 ml segment is expected to account for a major share of the global aluminium foil tray market in terms of volume during 2018-2030. This segment is projected to grow at a CAGR of 5% during 2018-2030 due its growing demand from foodservice applications across regions.
Product Definition:
An aluminium foil tray is a thin sheet of aluminium that is used to form containers and packaging. These trays can be made in a variety of shapes and sizes, and are often used for food service applications. The lightweight construction and easy-to-clean surface of aluminium foil trays makes them ideal for use in fast food restaurants, cafeterias, and other food service establishments.
Up to 200 ML:
It is a liquid that can be applied to the surface of an aluminum foil tray. It is used for coating food with attractive colors and flavors. The growth factor in this market is increasing due to growing demand from restaurants, fast food joints, cafes and other commercial places where people consume ready-to-eat foods on a daily basis.
The market has witnessed significant changes over the past few years due to technological advancements in terms of innovation and application scope.
200 ML to 400 ML:
200 ML to 400 ML is a standard size used for packaging of food and beverages such as soft drinks, water, juices in aluminum foil trays. The 200 ml to 400 ml capacity range is most widely used across the globe. It has been observed that the global consumption of packaged beverages is increasing at a rapid rate which in turn has increased the demand for aluminum foils tray with respect to packaging solutions.
The major factor driving this market includes growth in urbanization.
Application Insights:
The foodservice application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for packaged foods, including ready-to-eat meals, snacks, frozen meals, and others in developing countries such as India, China, Thailand and Indonesia. In addition, growing product usage in packaging fresh foods such as fruits and vegetables is expected to drive demand over the next few years.
The retail & supermarkets application segment accounted for 22% of the total revenue share in 2017 owing to rising product applications including food displays/carts/trolleys inside supermarkets or hypermarkets; fruit display cases; bakery products display cases; dairy case within retail stores or outside grocery stores; meat case within retail stores or outside grocery store.; convenience store shelves (food displays) among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing population along with increasing living standards have spurred the demand for household appliances in this region. This has led to a growing demand for lightweight materials such as aluminium foil trays across various applications.
The foodservice industry in North America is expected to witness considerable growth over the coming years owing to rising consumer awareness regarding health issues associated with trans fats and saturated fat content of food products coupled with changing eating habits of consumers towards ethnic foods such as Chinese cuisine among others are some factors driving regional growth.
Growth Factors:
- Increasing demand from food and beverage industry for packaging of products in lightweight and durable aluminium foil trays.
- Rising disposable income of consumers, which is resulting in an increase in demand for processed and packaged foods.
- Growing trend of ready-to-eat meals, which is fuelling the demand for aluminium foil trays as a packaging material.
- Proliferation of retail formats such as supermarkets and hypermarkets, which are offering a wider range of products that are driving the growth of the aluminium foil tray market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminium Foil Tray Market Research Report
By Type
Up to 200 ML, 200 ML to 400 ML, 400 ML & Above
By Application
Foodservices, Retail and Supermarkets, Others (Medical, Electronics, etc.)
By Companies
Novelis, Pactiv, Trinidad Benham Corporation, Hulamin Containers, D&W Fine Pack, Penny Plate, Handi-foil of America, Revere Packaging, Coppice Alupack, Contital, Nagreeka Indcon Products, Eramco, Wyda Packaging, Alufoil Products Pvt. Ltd, Durable Packaging International, Prestige Packing Industry
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Aluminium Foil Tray Market Report Segments:
The global Aluminium Foil Tray market is segmented on the basis of:
Types
Up to 200 ML, 200 ML to 400 ML, 400 ML & Above
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
Foodservices, Retail and Supermarkets, Others (Medical, Electronics, etc.)
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:
- Novelis
- Pactiv
- Trinidad Benham Corporation
- Hulamin Containers
- D&W Fine Pack
- Penny Plate
- Handi-foil of America
- Revere Packaging
- Coppice Alupack
- Contital
- Nagreeka Indcon Products
- Eramco
- Wyda Packaging
- Alufoil Products Pvt. Ltd
- Durable Packaging International
- Prestige Packing Industry
Highlights of The Aluminium Foil Tray 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:
- Up to 200 ML
- 200 ML to 400 ML
- 400 ML & Above
- By Application:
- Foodservices
- Retail and Supermarkets
- Others (Medical, Electronics, etc.)
- 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 Aluminium Foil Tray 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.
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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?
Aluminium foil tray is a type of packaging material made from thin sheets of aluminium that have been folded together to create an accordion-like shape. The sheets are then cut into small, rectangular pieces and crimped or sealed along one edge. Aluminium foil trays are often used to package food items such as snacks, candy bars, and cake mixes.
Some of the major players in the aluminium foil tray market are Novelis, Pactiv, Trinidad Benham Corporation, Hulamin Containers, D&W Fine Pack, Penny Plate, Handi-foil of America, Revere Packaging, Coppice Alupack, Contital, Nagreeka Indcon Products, Eramco, Wyda Packaging, Alufoil Products Pvt. Ltd, Durable Packaging International, Prestige Packing Industry.
The aluminium foil tray market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminium Foil Tray Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aluminium Foil Tray Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aluminium Foil Tray Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aluminium Foil Tray Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aluminium Foil Tray Market Size & Forecast, 2020-2028 4.5.1 Aluminium Foil Tray Market Size and Y-o-Y Growth 4.5.2 Aluminium Foil Tray Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Up to 200 ML
5.2.2 200 ML to 400 ML
5.2.3 400 ML & Above
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Foodservices
6.2.2 Retail and Supermarkets
6.2.3 Others (Medical
6.2.4 Electronics
6.2.5 etc.)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminium Foil Tray Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminium Foil Tray Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Up to 200 ML
9.6.2 200 ML to 400 ML
9.6.3 400 ML & Above
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Foodservices
9.10.2 Retail and Supermarkets
9.10.3 Others (Medical
9.10.4 Electronics
9.10.5 etc.)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Up to 200 ML
10.6.2 200 ML to 400 ML
10.6.3 400 ML & Above
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Foodservices
10.10.2 Retail and Supermarkets
10.10.3 Others (Medical
10.10.4 Electronics
10.10.5 etc.)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Up to 200 ML
11.6.2 200 ML to 400 ML
11.6.3 400 ML & Above
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Foodservices
11.10.2 Retail and Supermarkets
11.10.3 Others (Medical
11.10.4 Electronics
11.10.5 etc.)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Up to 200 ML
12.6.2 200 ML to 400 ML
12.6.3 400 ML & Above
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Foodservices
12.10.2 Retail and Supermarkets
12.10.3 Others (Medical
12.10.4 Electronics
12.10.5 etc.)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Up to 200 ML
13.6.2 200 ML to 400 ML
13.6.3 400 ML & Above
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Foodservices
13.10.2 Retail and Supermarkets
13.10.3 Others (Medical
13.10.4 Electronics
13.10.5 etc.)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminium Foil Tray Market: Competitive Dashboard
14.2 Global Aluminium Foil Tray Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Novelis
14.3.2 Pactiv
14.3.3 Trinidad Benham Corporation
14.3.4 Hulamin Containers
14.3.5 D&W Fine Pack
14.3.6 Penny Plate
14.3.7 Handi-foil of America
14.3.8 Revere Packaging
14.3.9 Coppice Alupack
14.3.10 Contital
14.3.11 Nagreeka Indcon Products
14.3.12 Eramco
14.3.13 Wyda Packaging
14.3.14 Alufoil Products Pvt. Ltd
14.3.15 Durable Packaging International
14.3.16 Prestige Packing Industry