Global Aluminum Foil Market is expected to witness substantial growth in the forecast period due to the increase in demand from food and beverages industry. Aluminum foil is the misnomer tin foil that is used for varied applications, such as food packaging, geochemical sampling, insulation, electronics, art and decoration, etc. Along with industrial applications, aluminum is user-friendly and recyclable. Aluminum foil is temperature resistant, offers high electrical conductivity, heat conductivity and reflectivity, durability and flexibility, easy lamination and coating.
Aluminum foil market is driven by factors like growing commercial foodservice industry, changing eating habits of consumers, growth in working population that demands canned food products, high demand for snacks and chocolates, increase in disposable income of consumers, growing pharmaceutical industry, and growing demand for QSR (Quick Service Restaurants). However, easy availability of substitutes in cheaper rates is hindering the market.
Moreover, introduction of various recycling methods for aluminum foil packaging is trending in the market. Nevertheless, ongoing advances in quality of aluminum and its reliability, rise in mills productivity, growing emphasis for conservation of plants for reducing cost, and easy availability of foils in different forms for growing consumption is an opportunity for the market.
Aluminum foil market is categorized on the basis of product type, application, and geography. On the basis of product type, market is divided into laminated tubes, food wraps, pouches, lid and others. Food wraps segment is projected to contribute significantly to the market owing to high demand for packaged food due to hectic lifestyle.
In terms of application, aluminum foil market is divided into pharmaceutical, food & beverage, personal care, cosmetic, and others. Pharmaceutical segment is further classified into strip packing, cold form packing, and blister packing. Food and beverage segment is expected to lead the market owing to high demand for online food services, growing online food sector, and rise in disposable income of consumers. Additionally, pharmaceutical segment accounts for larger share of market due to increase in demand for drugs and medicines because of growing health issues.
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Geographically, aluminum foil market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to contribute significantly to the market owing to high consumption of consumer goods from personal care to canned and packaged food. Moreover, high demand for aluminum foil for packaging from medical sector of the region is contributing remarkable to the market. North America also accounts for prominent share of the market in the forecast period.
The top players in aluminum foil market can be listed as Aditya Birla Group, Alcoa, Hindalco Industries Limited, Aluflexpack, ACM Carcano, Alufoil Products Pvt. Ltd., Ardagh Group, Bachmann Aluminium GmbH, Southern Aluminium Industry Co. Alupac, Velcro Group, Amcor, Dalia Packaging, Danpak International B.V, DeLaval, Ekco, Eurofoil, Flexifoil Packaging, Comital Group, Plus Pack, Rajasthan Foils Pvt. Ltd, Ltd., and TetraPak.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-aluminum-foil-market-outlook-2018-2023
Table of Contents
Part 1. Summary
Part 2. Report Methodology
2.1 Methodology
2.2 Data Source
2.3 Disclaimer
Part 3. Market Overview
3.1 General Information
3.2 Product Type
3.3 Application
3.4 Aluminum Foil Status & Prospect
Part 4. Competitive Landscape
4.1 Global Aluminum Foil Sales & Share by Company (2013-2018)
4.2 Global Aluminum Foil Revenue & Share by Company (2013-2018)
4.3 Pricing Trends
4.4 Competitive Trends
Part 5. Segmentation by Type
5.1 Global Aluminum Foil Sales Volume by Type (2013-2018)
5.2 Global Aluminum Foil Revenue by Type (2013-2018)
5.3 Global Aluminum Foil Price by Type (2013-2018)
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Aluminum foil market is driven by factors like growing commercial foodservice industry, changing eating habits of consumers, growth in working population that demands canned food products, high demand for snacks and chocolates, increase in disposable income of consumers, growing pharmaceutical industry, and growing demand for QSR (Quick Service Restaurants). However, easy availability of substitutes in cheaper rates is hindering the market.
Moreover, introduction of various recycling methods for aluminum foil packaging is trending in the market. Nevertheless, ongoing advances in quality of aluminum and its reliability, rise in mills productivity, growing emphasis for conservation of plants for reducing cost, and easy availability of foils in different forms for growing consumption is an opportunity for the market.
Aluminum foil market is categorized on the basis of product type, application, and geography. On the basis of product type, market is divided into laminated tubes, food wraps, pouches, lid and others. Food wraps segment is projected to contribute significantly to the market owing to high demand for packaged food due to hectic lifestyle.
In terms of application, aluminum foil market is divided into pharmaceutical, food & beverage, personal care, cosmetic, and others. Pharmaceutical segment is further classified into strip packing, cold form packing, and blister packing. Food and beverage segment is expected to lead the market owing to high demand for online food services, growing online food sector, and rise in disposable income of consumers. Additionally, pharmaceutical segment accounts for larger share of market due to increase in demand for drugs and medicines because of growing health issues.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-aluminum-foil-market-outlook-2018-2023/request-sample
Geographically, aluminum foil market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to contribute significantly to the market owing to high consumption of consumer goods from personal care to canned and packaged food. Moreover, high demand for aluminum foil for packaging from medical sector of the region is contributing remarkable to the market. North America also accounts for prominent share of the market in the forecast period.
The top players in aluminum foil market can be listed as Aditya Birla Group, Alcoa, Hindalco Industries Limited, Aluflexpack, ACM Carcano, Alufoil Products Pvt. Ltd., Ardagh Group, Bachmann Aluminium GmbH, Southern Aluminium Industry Co. Alupac, Velcro Group, Amcor, Dalia Packaging, Danpak International B.V, DeLaval, Ekco, Eurofoil, Flexifoil Packaging, Comital Group, Plus Pack, Rajasthan Foils Pvt. Ltd, Ltd., and TetraPak.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-aluminum-foil-market-outlook-2018-2023
Table of Contents
Part 1. Summary
Part 2. Report Methodology
2.1 Methodology
2.2 Data Source
2.3 Disclaimer
Part 3. Market Overview
3.1 General Information
3.2 Product Type
3.3 Application
3.4 Aluminum Foil Status & Prospect
Part 4. Competitive Landscape
4.1 Global Aluminum Foil Sales & Share by Company (2013-2018)
4.2 Global Aluminum Foil Revenue & Share by Company (2013-2018)
4.3 Pricing Trends
4.4 Competitive Trends
Part 5. Segmentation by Type
5.1 Global Aluminum Foil Sales Volume by Type (2013-2018)
5.2 Global Aluminum Foil Revenue by Type (2013-2018)
5.3 Global Aluminum Foil Price by Type (2013-2018)
Read all Reports of this category @ https://www.radiantinsights.com/catalog/materials
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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