Aluminum Foil Containers Market

Aluminium Foil Containers Market: Asia Pacific and North America to Account for a Combined Value Share of More than 50% of the Global Market by 2019 End: Global Industry Analysis 2013 - 2018 and Opportunity Assessment 2019 - 2027

  • 2019-01-25
  • REP-GB-4790
  • 170 pages
  • PDF PPT EXCEL
Aluminum Foil Containers Market

An Incisive, In-depth Analysis on the Aluminum Foil Containers Market

This study offers a comprehensive, 360 degree analysis on the Aluminum Foil Containers market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Aluminum Foil Containers market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Foodservice End-Use Segment to Record a Peak Growth Rate in the Aluminium Foil Containers Market

According to Future Market Insights’ latest market report titled “Aluminium Foil Containers Market: Global Industry Analysis 2013 – 2018 and Opportunity Assessment 2019 – 2027,” the growing demand for cost-effective, light-weight, and single-serve packaging solutions is likely to propel the growth of the aluminium foil containers market, during the forecast period. Globally, the revenue generated by the aluminium foil containers market has been estimated to be around US$3,092.0 Mn in 2019 and is expected to increase at a CAGR of 5.4% in terms of value throughout the forecast period.

Aluminium Foil Containers – Market Dynamics

There has been a dynamic shift in the consumer consumption pattern in the food and beverages sector. Consumer inclination for 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 millennial consumers. 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.

Global demand for convenience and hygienic packaging solutions is increasing exponentially, especially in food packaging. Aluminium foil containers are gaining popularity in the foodservice industry due to their recyclable, light-weight, and cost-effective nature. Aluminium foil containers are also proven to reduce food contamination, making them a hygienic packaging solution. Aluminium foil containers can withstand extreme temperature change, can be used in microwave ovens, and are very easy to clean. Such properties of aluminium foil containers make them preferable for food packaging solutions. Also, the rising acceptance of aluminium foil containers in food service and other end uses is due to its easy storage, grab-and-go feature, and lightweight nature. These factors are likely to push the global aluminium foil containers market growth during the forecast period.

One of the key factors that increase the preference for aluminium foil containers for packaging is the extended shelf-life of products. Aluminium foil containers score very high in barrier properties. A significant amount of food items are spoiled due to exposure to moisture and air, thereby increasing the need for packaging solutions that protect food items from these elements. This factor is expected to fuel the growth of the global aluminium foil containers market during the forecast period.

Aluminium Foil Containers Market – Competition Dashboard

Irrespective of the positive synopsis, the growing number of players in the aluminium foil containers manufacturing business and the volatility in raw material prices are likely to hamper the profit margins. Maintaining a long-term relationship with raw material suppliers, distributors, and retailers is essential in any business. Thus, manufacturers need to channelize their efforts towards it. The increasing number of domestic players in the aluminium foil containers market and capacity expansion of existing players leads to a reduction in pricing, which ultimately shrinks the net profit of aluminium foil containers manufacturers. These factors are likely to hinder the growth of the global aluminium foil containers market during the forecast period.

However, customized and specialized aluminium foil containers are the current trend in the market as they fulfil all customer needs. Manufacturers of aluminium foil container also put an emphasis on product designing, enhancements through multifunctional properties, and cost-effectiveness.

Detailed profiles of manufacturers of aluminium foil containers are also included in the report to evaluate their strategies, financials, recent developments, and key product offerings. The key players operating in the global aluminium foil containers market include 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, i2r Packaging Solutions Limited, Wyda Packaging (Pty) Ltd., Alufoil Products Pvt. Ltd , Durable Packaging International, Prestige Packing Industry, Shanghai Metal Corporation, and Manaksia Ltd. among others.

Aluminium Foil Containers Market – Key Developments

Few of the key developments observed among the manufacturers of aluminium foil containers are:

  • In 2019, Nicholl Food Packaging Ltd achieved 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.

In the global aluminium foil containers market report, we have discussed individual strategies followed by company profiles of the manufacturers of aluminium foil containers. The ‘Competitive Landscape’ section is included in the aluminium foil containers market report to provide report audiences with a dashboard view and a company market share analysis of top manufacturers operating in the global aluminium foil containers market.

In this report, Future Market Insights (FMI) offers forecast data of the global aluminium foil containers market between 2019 and 2027. In terms of value, the global aluminium foil containers market is expected to expand at a CAGR of 5.4% during the forecast period. The study reveals the dynamics of the aluminium foil containers market in six geographic segments, along with a market analysis for the current market environment and future scenario over the forecast period.

Aluminium Foil Containers Market – Report Description

This Future Market Insights report studies the global aluminium foil containers market for the period 2019–2027. The prime objective of this report is to offer insights and key market trends pertaining to the aluminium foil containers market that are gradually helping transform global businesses.

The global aluminium foil containers market report begins with an executive summary for various categories and their share in the aluminium foil containers market. It is followed by the market introduction, market dynamics, and an overview of the global aluminium foil containers market, which includes FMI analysis of the market drivers, restraints, and trends that are affecting the growth of the aluminium foil containers market. Furthermore, to understand the Y-o-Y trends of the aluminium foil containers market, a Y-o-Y analysis with elaborated insights on the same are provided.

The global market for aluminium foil containers is further segmented as per capacity type, product type, aluminium foil type, and by end use. On the basis of capacity type, the global market for aluminium foil containers is segmented into up to 50 ml, 50 ml to 200 ml, 200 ml to 400 ml, and 400 ml and above. On the basis of product type, the global market for aluminium foil containers is segmented into compartmental and non-compartmental. On the basis of aluminium foil type, the global market for aluminium foil containers is segmented into standard duty foil and heavy duty foil. On the basis of end use, the global market for aluminium foil containers is segmented into foodservices, bakery and confectionery, food packers/processors, retail and supermarkets, and others (Medical, Electronics, etc.).

The next section of the report highlights the aluminium foil containers market by region and provides the market outlook for 2019–2027. The study analyses the drivers that influence the regional aluminium foil containers market. The main regions assessed in this report include North America, Latin America, Europe, Asia Pacific Excluding Japan (APEJ), the Middle East & Africa (MEA), and Japan. The report evaluates the present scenario and growth prospects of the regional aluminium foil containers market for 2019–2027.

To ascertain the size of the aluminium foil containers market in terms of value and volume, revenue generated by the key aluminium foil container manufacturers and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the aluminium foil containers market. In order to provide an accurate forecast, we initiated by sizing up the current aluminium foil containers market with the help of the parent market. We gathered data from secondary research and validated it through primary research. Also, we form the basis of how the aluminium foil containers market is expected to develop in the future by taking into account the opinions of industry experts. Given the characteristics of the aluminium foil containers market, we triangulated the outcome on the basis of three different types of analysis- based on the supply side, downstream industry demand, and economic envelope. In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters to understand the predictability of the aluminium foil containers market and identify the right opportunities across the market.

The segments for the global aluminium foil containers market have been analysed in terms of their market share to understand the individual segment’s relative contribution to market growth. This detailed level of information is important for identifying the key trends in the aluminium foil containers market.

Aluminium Foil Containers Market – Competition Landscape

In the final section of the report on aluminium foil containers, a 'dashboard view' of the companies is provided to compare the current industrial scenario and their contribution to the total aluminium foil containers market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to aluminium foil containers market segments. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the aluminium foil containers marketplace.

Aluminium Foil Containers Market – Company Profiles

Detailed profiles of companies are also included in the global aluminium foil containers market report to evaluate their strategies, key product offerings, and recent developments. The key players operating in the global aluminium foil containers market include 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, i2r Packaging Solutions Limited, Wyda Packaging (Pty) Ltd., Alufoil Products Pvt. Ltd , Durable Packaging International, Prestige Packing Industry, Shanghai Metal Corporation, and Manaksia Ltd. among others.

Key Segments Covered in the Global Aluminium Foil Containers Market

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.)

Regional Analysis

  • North America

    • U.S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Europe

    • Germany

    • U.K.

    • Spain

    • France

    • Russia

    • Rest of Europe

  • Asia Pacific Excluding Japan (APEJ)

    • China

    • India

    • ASEAN Countries

    • Australia & New Zealand

    • Rest of APEJ

  • Middle East and Africa (MEA)

    • GCC Countries

    • Northern Africa

    • South Africa

    • Rest of MEA

  • Japan

Aluminum Foil Containers Market Reports - Table of Contents

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