Aluminum foil is finding large application in packaging in the food industry. Aluminum foil is widely used as a compact storage for electric charges. Nowadays, aluminum foil is being merged with flexible films to create lightweight packages. This allows packages to expand during packaging and contract as soon as the product is consumed. Manufacturers are focusing on producing a top quality of aluminum foil packages. However, a small change in the process can impact the product quality. Hence, machines and techniques used in aluminium foil packages are well tested, researched and developed.For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=518
Aluminum foil is gaining popularity as the flexible packaging option. Moreover, four-sided, fin-sealed pouches are becoming popular for medical, retail food applications, and institutional food service packs. Aluminium-based containers that can be used in the microwave are also being developed on a large scale. Special cooking aluminum foil for barbecuing have been developed in recent years.
Recycling of aluminum foil including cans and foils are also gaining traction. Processes used during manufacturing of aluminum foil are being improved to reduce hazardous waste and pollution. Laminated aluminium foil with paper stuck inside is largely being used in the food industry for packaging sweets and tea as the paper absorbs moisture while the foil protects the contents.
As per the latest report by Fact.MR, the global aluminium foil packaging market is likely to witness moderate growth. The market is also projected to register 4.5% CAGR in terms of volume during 2017-2026. The global aluminium foil packaging market is also estimated to reach US$ 21,821.2 million revenue by the end of 2026.Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=518
Aluminium Foil Packaging to be used widely in Food Service Packaging
Based on the product type, rigid non-compartmental trays are expected to witness the highest growth. The rigid non-compartmental trays are estimated to bring in more than US$ 7,200 million revenues by 2026 end.
Based on the end use, aluminium foil packaging are likely to be used on a large scale for food service packaging. Towards the end of 2026, food service packaging is projected to reach close to US$ 7,600 million revenue. Aluminium foil helps in keeping the food fresh and hot for a long time.
|Historical Data Available for||2016-2020|
|Market Analysis||US$ Mn for Value & ‘000 Units for Volume|
|Key Regions Covered||North AmericaLatin AmericaEuropeEast AsiaSouth AsiaOceaniaMiddle East & Africa|
|Key Countries Covered||U.SCanadaBrazilMexicoGermanyU.KFranceSpainItalyRussiaChinaJapanSouth KoreaIndiaAustraliaGCCSouth Africa|
|Key Market Segments Covered||ProductEnd UserRegion|
|Key Companies Profiled||Amcor Plc.Pactiv LLCNovelis, Inc.Bemis Co. Inc.Clifton Packaging Group Ltd.ESS DEE Aluminum Limited.Mondi Group Plc.Berry Global Group, Inc.Protective Packaging Ltd.Printpack Inc.|
|Pricing||Available upon Request|
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Key Segments Covered
- Aluminum Foil Wraps
- Aluminum Pouches
- Aluminum Blisters
- Aluminum Containers
- Other Aluminum Foil Packaging Products
- End User
- Aluminum Foil Packaging for Food & Beverage
- Aluminum Foil Packaging for Tobacco Industry
- Aluminum Foil Packaging for Pharmaceuticals
- Aluminum Foil Packaging for Cosmetics
- Aluminum Foil Packaging for Others
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