Aluminum Foil Packaging Market Expected To Grow By $ 36.3 Billion In 2027-Reports And Data

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Reports and data

The growing demand of the aluminum foil packaging market in the food and beverage industry, along with the increase in applications.

NEW YORK, NY, USA, September 30, 2021 /EINPresswire.com/ – Growing awareness and government regulations that promote excellent packaging and food safety have made the use of aluminum packaging very widespread. Aluminum blister packs are widely used in the pharmaceutical industry to protect drugs. The move towards a busy lifestyle, alcohol consumption and heavy workloads, along with a lack of physical activity, has increased the number of chronic diseases, increasing the demand for aluminum foil in the industry. pharmaceutical.

The global aluminum packaging market size is expected to reach $ 36.3 billion by 2027, according to a new report from Reports and Data. Aluminum foil is made from an aluminum alloy containing almost 99% aluminum; these alloys are melted and then produce sheets between 0.00017 and 0.0059 inches thick. Aluminum packaging is corrosion resistant with strong hygienic tendency and non-toxic nature. Aluminum foils are widely used in the food and packaging industries.

The growing demand for the aluminum foil packaging market is due to its high recyclability, strength, light weight and moldability. Aluminum foils are continually used in pharmaceuticals to protect drugs from the sun and moisture. This use in the pharmaceutical industry has increased the demand for blister pack drugs. The growing demand for ready-to-eat packaged foods and the boom in the confectionery market have contributed to the significant growth of the aluminum foil packaging market.

Some of the major players in the aluminum foil packaging market are:

Constantia Flexibles, Amcor Limited, Zenith Alluminio Srl, Plus Pack SAS, Novelis Aluminum, Aliberico SLU, Eurofoil Luxembourg SA, Coppice Alupack Ltd., Carcano Antonio SpA and Reynolds Group Holdings Limited, among others.

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Key points of the market research

American cheese shipments to China, South Korea and Mexico have increased by over 25% each with changing consumer lifestyles and increasing demand for readily available edibles, the need for aluminum packaging has increased. increase.

British American Tobacco shared statistics showing that 5,600 billion cigarettes are consumed worldwide each year. The tobacco market is expected to be worth trillions during the forecast period; this will prompt us to use aluminum foil in packaging, which will also help to help the aluminum foil packaging market.

In the United States, the food industry accounts for 5% of the GDP, which is still growing. The already established US market is difficult to penetrate. Even with the economy’s heavy reliance on the food industry and food safety, the aluminum foil packaging market will also see an increase in demand.

Asia-Pacific has an increasing urban population, and a steady increase in China and South Korea is attributed to the growing demand for aluminum foil packaging. The high cost of aluminum compared to plastic, plastic is widely used for packaging has limited the use of aluminum in the Asia-Pacific industry.

North America has a large share of the market. This is due to the strong demand for aluminum, which affected their imports of aluminum foil from China, which increased tenfold. This is due to the strict guidelines specified by the Food and Agriculture Organization of the United States, which define the packaging of food products and aluminum finds its name in the list of materials that can be used safely. .

For the purpose of this report, reports and data have been segmented on the global Aluminum Foil Packaging market on the basis of product type, end-use industry, and region:

Outlook Product Type (Revenue, USD Million; 2017-2027)

Wrapping film
Poached
Blister
Foldable tubes
Trays / Containers
Others products

End Use Industry Outlook (Revenue, USD Million; 2017-2027)

Food
Pharmaceutical
Beauty products
Beverages
Other end users

The main geographic regions analyzed in the report are:

North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of the EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

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Reasons to Buy This Market Information Report:

Detailed market assessment at regional and global level.

Significant changes in the market scenario, along with in-depth competitive analysis.

Industry classification based on product type, application and region.

Market segments have been separated on the basis of type, application and geography.

Comprehensive analysis of historical data and contemporary market scenario to infer industry size, volume, share, growth and sales.

Investigation of significant changes in market dynamics.

Niche market segments and regions.

Contents:

Chapter 1. Market synopsis

1.1. Market definition
1.2. Scope and premise of the research
1.3. Methodology
1.4. Market estimation technique

Chapter 2. Executive summary

2.1. Summary overview, 2019-2027

Chapter 3. Indicative measures

Chapter 4. Aluminum Foil Packaging Market Segmentation and Impact Analysis

4.1. Aluminum Foil Packaging Market Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market Driver Analysis

To continue…

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