Global Aluminum Foil Packaging Market Growth 2019-2024

Aluminum Foil Packaging refers to the aluminum foil material which is used in the packaging industry. The aluminum foil used for packing materials is aluminium prepared in thin metal leaves with a thickness less than 0.2 mm (7.9 mils); thinner gauges down to 6 micrometres (0.24 mils) are also commonly used.
Currently, the world's leading consumer of aluminum foil packaging market in Europe and North America, while the aluminum foil packaging consumption in China and Asia is far below the level of the above areas, especially in China, in all aluminum foil consumption, packaging materials only about 25%.

But China is the world's fastest growing area as to consumption of aluminum foil packaging, in recent years, compound annual growth rate remained at around 13%, which increased significantly in the areas of food and pharmaceutical packaging.

But with the upstream raw material prices continue to decline, resulting in most of the manufacturers of aluminum foil gross margin decreased to some extent.

Currently, as to the aluminum foil industrial structure, the aluminum industry structure needs to adjust right now, while subject to the lock of technology in China, the current production of aluminum foil products in the region is difficult to enter the national high-end market, Technology directly affects the pace of Chinese products to enter the international market.

As to the downstream market, at present, Europe and America aluminum foil packaging has been very mature, and in Asia, compared to China, Korea and Japan, the development of aluminum foil packaging is more mature, but still below the level of Europe and the United States, but in Japan in pharmaceutical aluminum foil packaging has a great advantage.

Overall, the current global aluminum foil packaging market is large, while develop rapidly, compared to primary aluminum, the added value of the product is much more, so the study group take attitude optimistic about the industry.


According to this study, over the next five years the Aluminum Foil Packaging market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Aluminum Foil Packaging business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Foil Packaging market by product type, application, key manufacturers and key regions and countries.

This study considers the Aluminum Foil Packaging value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Heavy gauge foil
Medium gauge foil
Light gauge foil
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical packaging
Cigarette packaging
Food packaging
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Alcoa
Hydro
Rio Tinto Group
Novelis
UACJ
RUSAL
Assan Aluminyum
Aleris
Kobelco
Lotte Aluminium
Norandal
GARMCO
Symetal
Hindalco
Alibérico Packaging
ACM Carcano
Votorantim Group
Xiashun Holdings
SNTO
Shenhuo Aluminium Foil
LOFTEN
Nanshan Light Alloy
Zhenjiang Dingsheng Aluminum
CHINALCO
Kunshan Aluminium
Henan Zhongfu Industrial
Huaxi Aluminum
Northeast Light Alloy
Haoxin Aluminum Foil
Zhejiang Zhongjin Aluminium

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Aluminum Foil Packaging consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Aluminum Foil Packaging market by identifying its various subsegments.
Focuses on the key global Aluminum Foil Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aluminum Foil Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Aluminum Foil Packaging submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.