The global aluminum foil packaging market is anticipated to grow significantly at a CAGR of 3.2% over the forecast period. Rising environmental concerns among the people along with the rising awareness of the people to use environmental-friendly and economical packaging products; are also among the major factors that contribute to the substantial growth of the market during the forecast period. Further, stringent laws that have been passed by various administrative bodies to combat the harm caused by waste disposal on the environment have created a wide scope for the market.
Further, the key player’s contribution also aids the market growth. For instance, in April 2020, Ball Corp. announced the starting of five aluminium packaging plants with the most significant operational and social sustainability improvements. It also includes progress across the areas with the most significant sustainability impact across operations and the promotion of aluminium packaging sustainability credentials and engagement in their local communities. Hence, this is likely to contribute to the growth of the company, serve a large consumer pool as well as support the market growth during the forecast period.
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Market Coverage
· Market number available for – 2023-2031
· Base year- 2023
· Forecast period- 2024-2031
· Segment Covered- By Product Type and Application
· Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
· Competitive Landscape- Alcoa Corp., Ball Corp., Aleris Corp., Amcor Ltd., Hindalco Industries Ltd. (Aditya Birla Group), Hulamin Ltd., JW Aluminum Co., Reynolds Group Holdings Ltd., United Company RUSAL PLC, Wyda Packaging (Pty) Ltd., and Zenith Alluminio Srl among others
Aluminum Foil Packaging Market – Segmentation
By Product Type
· Foil Wrappers
· Pouches
· Trays/Containers
· Blister Packs
· Collapsible Tubes
· Other Products (Capsules)
By Application
· Food & Beverages
· Pharmaceuticals
· Personal Care & Cosmetics
· Others
A full Report of Aluminum Foil Packaging Market is Available at: https://www.omrglobal.com/industry-reports/aluminum-foil-packaging-market
Aluminum Foil Packaging Market – Segmentation by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of The World
Company Profiles
· Alcoa Corp.
· Aleris Corp.
· Alufoil Products Pvt. Ltd.
· Amcor Ltd.
· Ball Corp.
· Carcano Antonio S.p.A.
· China Hongqiao Group Ltd.
· Constantia Flexibles
· Ess Dee Aluminium Ltd.
· Eurofoil Luxembourg S.A.
· Hindalco Industries Ltd. (Aditya Birla Group)
· Hulamin Ltd.
· JW Aluminum Co.
· Nicholl Food Packaging Ltd. (Bawtry Carbon International Ltd.)
· Novelis Inc.
· Penny Plate, LLC
· Plus Pack SAS
· Reynolds Group Holdings Ltd.
· United Company RUSAL PLC
· Wyda Packaging (Pty) Ltd.
· Zenith Alluminio Srl
· Zhangjiagang Goldshine Aluminium Foil Co.
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