By 2027, the market for aluminium foil containers is expected to grow significantly, reaching US$ 4.7 billion at a CAGR of 5.4%. The latest industry analysis from Future Market Insights, “Aluminum Foil Containers Market: Global Industry Analysis 2013 – 2018 and Opportunity Assessment 2019 – 2027,” predicts that throughout the forecast period, the demand for affordable, lightweight, and single-serve packaging solutions would increase.
The market for aluminium foil containers produced revenue worth US$3,092.0 Mn globally in 2019 and is anticipated to grow at a CAGR of 5.4 percent in terms of value over the projected period.
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Aluminium Foil Containers Demand Analysis (2014 to 2021) Vs Market Outlook (2022 to 2027)
There has been a dynamic shift in the consumers’ consumption pattern in the food and beverages sector. Consumers’ inclination towards takeaway or ready-to-eat food is increasing, owing to changing lifestyles and growing disposable incomes, especially in emerging economies across the globe.
Foodservice operators offer various services such as ‘takeaway and drive-through’ to cater to the growing number of on-the-go consumers. With the growing working population and increasing urbanization, these food formats are expected to gain popularity among the millennials. Increasing usage of aluminium foil containers for packaging in the foodservice industry, in turn, is expected to drive the demand for the aluminium foil containers market during the forecast period.
Competitive Landscape
Few of the key developments observed amongst the key players of aluminium foil containers market are:
- In 2019, Nicholl Food Packaging Ltd obtained an ISO 14001 registration. This standard ensures that the packaging meets environmental policies, standards, and guidelines set by the ISO 14001.
- In 2017, i2r Packaging Solutions Limited opened a new warehouse at its manufacturing facility in Telford, England.
- In 2017, i2r Packaging Solutions Limited acquired its former South Korean distributor in order to strengthen its distribution network in South Korea.
The market is open to new entrants with leevay in regulations amongst the developing economies.
Key Companies Profiled
- Novelis Inc.
- Pactiv LLC
- Trinidad Benham Corporation
- Hulamin Containers Ltd.
- D & W Fine Pack
- Penny Plate, LLC
- Handi-foil of America, Inc.
- Revere Packaging, Inc.
- Nicholl Food Packaging Limited
- Contital srL
- Nagreeka Indcon Products Pvt. Ltd.
- Laminazione Sottile S.p.A.
- Eramco
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Key Segments Covered in Aluminium Foil Containers Industry Research
By Capacity :
- Up to 50 ml
- 50 ml to 200 ml
- 200 ml to 400 ml
- 400 ml & Above
By Product Type :
- Compartmental
- Non-compartmental
By Aluminium Foil Type :
- Standard Duty Foil
- Heavy Duty Foil
By End-use :
- Foodservices
- Bakery & Confectionery
- Food Packers/Processors
- Retail and Supermarkets
- Others (Medical, Electronics, etc.)
By Region :
- North America Aluminium Foil Containers Market
- Latin America Aluminium Foil Containers Market
- Europe Aluminium Foil Containers Market
- East Asia Aluminium Foil Containers Market
- South Asia Aluminium Foil Containers Market
- Oceania Aluminium Foil Containers Market
- Middle East & Africa (MEA) Aluminium Foil Containers Market
Table of Content
1. Global Aluminium Foil Containers Market – Executive Summary
2. Global Aluminium Foil Containers Market Overview
2.1. Introduction
2.1.1. Global Aluminium Foil Containers Market Taxonomy
2.1.2. Global Aluminium Foil Containers Market Definition
2.2. Global Aluminium Foil Containers Market Size (US$ Mn & Volume) and Forecast, 2014-2027
2.2.1. Global Aluminium Foil Containers Market Y-o-Y Growth
2.3. Global Aluminium Foil Containers Market Dynamics
2.3.1. Global Aluminium Foil Containers: Drivers
2.3.2. Global Aluminium Foil Containers: Restraints
2.3.3. Global Aluminium Foil Containers: Opportunities
2.3.4. Global Aluminium Foil Containers: Trends
2.4. Supply Chain Analysis
2.5. Porters Five Forces Analysis
2.6. PESTLE Analysis for Key Countries
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