21 September 2018: Global
Aluminum Foil Packaging market is expected to display higher growth CAGR in the
forthcoming years. Aluminum foil has extensive uses ranging from restaurant
take-away foods to high-end computer peripherals and right from exquisite pens
to spacecraft insulation aluminum foil packaging is leading in all business
fronts to take cognizance of this booming and understandably large business opportunity.
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An
aluminum foil is produced by rolling aluminum slabs cast from molten aluminum
in an aluminum mill to desired thickness. Aluminum foil is used extensively in
applications ranging from food and pharmaceuticals to aseptic packaging that
does not deem necessary storage of perishable goods by refrigerating that adds
to growth of aluminum foil packaging market.
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| Aluminum Foil Packaging Market |
Aluminum
foil prevents dust or ingress from seeping into interior of product and is a
strong barrier to rancid taste. It also ensures that product flavor does not
harmonize with atmosphere while retaining fragrance and malleability is also
assured. Food preservation and retention is much higher in aluminum foils and
is one way of extending life of foodstuffs. Market growth for Aluminum foil
packaging is enhanced in areas such as insulation, food preparation,
electronics and geochemical sampling, art and decoration. Food preparation
makes use of aluminum in packing softer sections of meat and poultry to
pre-heat and prevent overcooking adds to the growth of aluminum food packaging
market.
By
thickness, aluminum
foil packaging market is segmented into 7 mm to 0.09 mm, 9mm to 0.2mm,
2mm to 0.4 mm. By application, segmentation for aluminum foil packaging market
includes food, dairy, bakery, confectionary, ready-to-eat, others, beverages,
pharmaceuticals, personal care and cosmetics. By end-user, segmentation for
aluminum foil packaging market includes bags and pouches, wraps and rolls,
blisters, lids, laminated tubes and trays. The key industrial players include
united Company Plc, Alcoa Corporation, Ess Dee Aluminum Ltd., Novels inc,
Alufoil Products Pvt Ltd. and Nicholl Food Packaging ltd.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Aluminum Foil Packaging in these regions, from
2013 to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Aluminum Foil Packaging market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Alcoa
•
Hydro
•
Rio Tinto Group
•
Novelis
•
UACJ
•
RUSAL
•
Assan Aluminyum
•
Aleris
•
Kobelco
•
Lotte Aluminium
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