Aluminium Foil Sachet Market - An Overview
Aluminium foil sachet are the most versatile and flexible packaging material in the packaging in market in today’s world. Aluminium is barrier to light and air, moisture and oxygen and is absolutely low in cost.
Aluminium foil sachets are often layered with plastic which is unreactive to the content inside it to protect it and provide it strength from breakage. Paper and plastic sachets are a direct competitors to aluminium foil sachets but paper sachets do not prevent moisture very well and plastic sachet are non-degradable which paves a way for aluminium sachets to be utilized.
Aluminium foil sachets are sturdy and offer maximum resistant to dust, oxygen, chemicals, water, moisture and other agents that tend to deteriorate the quality of stored product.
Also aluminium foil sachets are light weight and this makes them travel friendly and handy for use. They take less storage space and protect the content inside from heat, dust and moisture.
Aluminium Foil Sachet Market - Dynamics
The product is used in varied industrial applications due to its reflective ability, light weight, and robustness. These factors are likely to boost the market growth. Aluminium is primarily galvanized and beaten into sheets which are possible due to malleability of Aluminium and then it is made into various products like sachets, pouches and wraps.
Also, as Aluminium is recyclable, it provides manufacturers unlimited opportunities to create and innovate it. It has comparatively less production cost and improved profitability leaving lower carbon footprints than plastic.
An evolution from traditional packaging to sachet packaging has created several potential business opportunities for salespersons. As small-sized packs of quality products continue to gather popularity in developing countries, market consolidation in these countries is likely to be a key strategy for higher sales opportunities.
In addition to expanding their product portfolio for food industry, market players are tapping into opportunities in pharmaceuticals industry – which profit from aluminium foil sachet packages, as unit dose packaging allows for accurate dosage and thereby reduces product waste.
One factor which is assisting the growth of the household aluminium foil sachet market is government regulations toward food safety and quality standards, which influences the manufacturers to develop effective packaging solutions that prevent food contamination.
Growing consumer disposable income coupled with rapid expansion of online food delivery channels is driving the product demand for aluminium foil sachets in food & beverage packaging.
The latest trend could be cosmetic industry trying to refurbish aluminium foil sachets to store beauty products on the go. This is a very innovate and new idea used by few cosmetic companies.
Aluminium Foil Sachet Market - Regional Outlook
Aluminium foil sachet are being constantly getting popular in today’s world due to modernization and being convenient. It is mostly preferred by FMCG companies around the world to supply various handy products.
Growing popularity of ‘functional packaging’, sachets are constantly becoming popular. Reduced pack sizes have enabled brands to penetrate more in the market. It holds the maximum market share in North America.
APAC countries like India and Bangladesh have low dispersing income and aluminium foil sachets are great for usage in these countries. Tobacco industry in India gave a major boost to aluminium sachet market in 2011 when Supreme Court banned plastic sachets for tobacco packaging.
A trend of small size packaging is gradually masking the traditional buy in bulk tendency, particularly in low-income countries of Asia Pacific and Middle East & Africa, will remain a key sales booster for sachet packaging market.
Aluminium Foil Sachet Market - Key Players
Key players in the Aluminium foil sachet market include
- Amcor Plc
- Zhejiang Junma Aluminium Industry
- Paras Packs.
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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on aluminium foil sachet market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa (MEA)
- A detailed overview of parent market
- Changing aluminium foil sachet market dynamics in the packaging industry
- In-depth aluminium foil sachet market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered operating in the aluminium foil sachet market
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on aluminium foil sachet market performance
- Must-have information for aluminium foil sachet market players to sustain and enhance their market footprint
Aluminium Foil Sachet Market Segmentation
- 1 ml - 10 ml
- 11 ml - 20 ml
- 21 ml - 30 ml
- Above 30 ml
- Other End Use
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.