Government rules pertaining to food safety and quality standards push the demand for printed aluminum foil packaging Global demand for Printed Aluminium Foil Packaging is expected to rise at a CAGR of 4.3% to USD 37 Billion in 2032, supported by:
The key driver for the printed aluminum foil packaging market is raising demand for ready-to-eat confectioneries and medicinal supplies. Government rules pertaining to food safety and quality standards push manufacturers to produce effective packaging solutions that avoid food contamination, which aids in the expansion of the printed aluminum foil packaging business.
In 2020, Asia Pacific ruled the market, accounting for a lion’s share of the total revenue. The market in Asia Pacific is rising due to an increasing middle-class workforce and booming customer base for end-use applications such as food, beverage, and medicines.
Because of strong manufacturing investments and a large customer base in these nations, India and China are projected to emerge as important markets for the product. Owing to their effective single-dose packaging and ease of use, pharmaceutical industries in the United States are rapidly transitioning toward flexible packaging products such as blisters. This upward trend in blister packaging is projected to provide considerable development opportunities for printed aluminum foil packaging.
In 2020, the food category led the market, accounting for a substantial share of the total sales. Pouch, container, capsule, and lid products are widely used in the packaging of bread, dairy, confectionery, dry food, and meat and seafood goods.
Printed Aluminum foils are widely used in the food industry for packaging applications because to their flexibility, lightweight, food safety, fragrance protection, wide availability, and low cost.
Data Points | Key Statistics |
---|---|
Estimated Value of Global Printed Aluminium Foil Packaging Market by 2022 | USD 25 Billion |
Documented Market Value of Printed Aluminium Foil Packaging Market in 2032 | USD 37 Billion |
Estimated CAGR from 2022 to 2032 | 4.5% |
For decades, packaging has been a crucial marketing tool for brands. A product may be exceptional and unique, and a brand needs to print just the right amount of information on the packaging that helps the consumer make the decision to buy that product. As brands across the globe push for flexible packaging solutions which utilize less resources from nature without compromising on the quality, the demand for products such as aluminium foil is expected to grow.
Aluminium foil is one of the most widely used flexible packaging formats, and is used as a laminate in many applications. Printed aluminium foil packaging is used by many brands to influence consumer purchase habits. Advancements in packaging printing technology is expected to pave way for growth in demand for printed aluminium foil packaging. Therefore, the outlook for the growth of the global printed aluminium foil packaging market is expected to be positive during the forecast period.
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The global packaging industry has undergone significant transformation in the last few decades, driven by an absolute need for customization. Manufacturers of aluminium foil printing machines are focusing on machines which can print on a variety of products such as blister foil, aluminium foil, labels, PVC, and paper, among others. Embossing is also done on aluminium foil and is considered as one of the formats of printed aluminium foil packaging.
Printed aluminium foil packaging caters to a wide range of industries such as the food & beverages industry, pharmaceuticals industry, and the personal care & cosmetics industry, among others. High quality rotogravure and flexographic printing is used on aluminium foil to impart a vibrant appearance to the package.
The growth in demand for flexible packaging products such as bags, pouches, wraps, rolls, lids, and blisters, among others is expected to play a critical role in the growth of the global printed aluminium foil packaging market during the forecast period.
The Asia Pacific is expected to be the leading region during the forecast period, miles ahead in terms of aluminium foil packaging production. Certain factors might prove to be a hurdle for the growth of the printed aluminium foil packaging market.
Some of the recent trends observed in the global printed aluminium foil packaging market are -
Some of the key players whose aluminium foil packaging products are printed by brands include -
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Globally, the Printed Aluminium Foil Packaging market has been segmented as -
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Thickness 6.2. Application 6.3. End Use 7. Global Market Analysis and Forecast, By Thickness 7.1. <0.007 mm printed aluminium foil 7.2. 0.007 mm – 0.09 mm printed aluminium foil 7.3. 0.09 mm – 0.2 mm printed aluminium foil 7.4. 0.2 mm – 0.4 mm printed aluminium foil 8. Global Market Analysis and Forecast, By Application 8.1. Food 8.2. Dairy 8.3. Bakery & Confectionery 8.4. Ready-to-eat 8.5. Others 8.6. Beverages 8.7. Pharmaceuticals 8.8. Personal care & cosmetics 8.9. Others 9. Global Market Analysis and Forecast, By End Use 9.1. Bags & pouches 9.2. Wraps & rolls 9.3. Blisters 9.4. Lids 9.5. Laminated tubes 9.6. Trays 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific excluding Japan (APEJ) 10.6. Middle East & Africa (MEA) 10.7. Japan 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific excluding Japan (APEJ) Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East & Africa (MEA) Sales Analysis and Forecast, by Key Segments and Countries 17. Japan Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Thickness, Application, and End Use for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. China Hongqiao Group Limited 20.2. RUSAL Plc 20.3. Amcor Limited 20.4. Hindalco Industries Ltd. 20.5. Hulamin Ltd 20.6. Alcoa Corporation 20.7. Ess Dee Aluminium Ltd. 20.8. Eurofoil
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