Aluminum Foil Market Analysis - Global Industry Size, Share, Trends and Forecast 2025

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC507

Introduction

Rise in spending power of customers and growing health awareness among consumers has opened up new opportunities for aluminum foil manufacturers and the entire packaging industry. The aluminum foil possess significant characteristics such as better thermal and electrical conductivity, superior formability, non-absorptive to grease, water, light, and oil, and fine adhesive ability to the diversity of composite and confrontation to chemical and oxidation attacks. The aluminum foils act as resistor to gases, moisture, bacteria, odor and molds. It offers safety adjacent to the heat. Opacity is a salient feature which helps in deterrence to corrosion of large range of drink and food products which are affected by light. As aluminum foil possesses these properties, it is the most preferred packaging material.

Market Dynamics

One of the salient factors contributing towards the growth of aluminum foil market is the global financial growth and rise in the income of middle class families. The transformation in food routine with hectic lifestyle is a major factor for the rise in demand of aluminum foil packaging. The demand for instant confectioneries and pharmaceutical manufactured goods is the major factor driving the growth of aluminum foil industry. Another factor playing an important role in the growth of aluminum foil is the government regulations towards maintaining quality standards and hygienic food safety influence for an effectual packaging solution that prevent food from being tainted. Increasing demand for food and beverages is also another aspect resulting in the expansion of aluminum foil market.

Market Classification

The aluminium foil market can be classified on the basis of product, material type, and end use type. By product segment, aluminium foil can be diversified into aluminium foil roll, backed aluminum foil and others. Depending, on the material type, aluminum foil can be separated into aluminum alloy which contains between 92 and 99 percent aluminium, alumina and bauxite and depending on the end use, aluminum foil market can be classified into consumer packaging, pharmaceutical, and industrial. Further, the consumer packaging includes the use of aluminum foils in food industry for packing of chocolates, biscuits, dairy products and candies. It is also used for packaging fat and oil products, capping of dairy liquids and cheese. By geography, market is partitioned into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.

Report Coverage

Market

Aluminum Foil Market

Analysis Period

2015 - 2025

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2025

Market Stratification

Product, End Use, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Some of the major players dominating the global aluminum foil market are Simpac, Alufoil Products Pvt. Ltd, Ningbo Times Aluminium Foil Technology Co. Ltd, SR Foils and Tissue Limited, Zhejiang Junma Aluminium Industry, Eurofoil, Indofoil Pvt. Ltd, Qingdao Donghai Aluminium Co. Ltd, Huawei Aluminium Co. Ltd, Hindalco, Jiangyin Zhongcai Aluminum Co. Ltd, and Zhangiagang Goldshine Aluminium Foil Co. Ltd. among others.

Market Segmentation

Market By Product

o   Aluminium foil roll

o   Backed aluminum foil

o   Others

Market By End Use

·         Consumer packaging

o   Personal care

o   Food and confectionary

o   Beverages

o   Others (packaging of roasting pans, cookie sheets, baking pans, and pizza pans)

·         Pharmaceutical

·         Industrial

Market By Geography

·         North America

o   U.S.

o   Canada

o   Mexico

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Latin America

o   Brazil

o   Chile

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


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