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 US$ 37 Billion in 2032, supported by:
The property of printed aluminum foils packagingas a protective coating against bacteria and viruses. It prevents germs and viruses in the environment from contaminating the flavor and quality of the food.
Using a printed aluminum foil packaging, not only keeps the food fresh, but also maintains the odor of the contents inside intact. Because printed aluminum foil packaging has many closing choices, it makes the packing more convenient.
Because printed aluminum foil packaging can tolerate high temperatures, it may be used to reheat meals. It is an excellent heat conductor and allows for quick heating of meals.
One of the most important characteristics that make aluminum foil a popular material among customers is its ability to effortlessly wrap around food items.
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 packs 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
US$ 25 Billion
Documented Market Value of Printed Aluminium Foil Packaging Market in 2032
US$ 37 Billion
Estimated CAGR from 2022-2032
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.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Printed Aluminium Foil Packaging market: Dynamics
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.
For instance, many aluminium foil producers in the U.S. and India recently filed anti-dumping charges on China for exporting foil at predatory prices. The pricing resulted in heavy toll on the U.S. and India aluminium foil markets.
Some of the recent trends observed in the global printed aluminium foil packaging market are –
In 2017, a researcher at Queen’s University, Belfast, discovered a way to convert dirty aluminum foil into a biofuel catalyst. The researcher noted that making the catalyst from aluminum foil cost around 120 British Pounds per Kg, which translates to USD 158,400 per ton, as opposed to USD 402,600 for production of commercial alumina catalyst.
Vendors are eyeing recycling programs and production of foil with added features such as new ovenable and dual-ovenable varieties of printed aluminium foil
Global Printed Aluminium Foil Packaging market: Key players
Some of the key players whose aluminium foil packaging products are printed by brands include –
China Hongqiao Group Limited
United Company RUSAL Plc
Amcor Limited
Hindalco Industries Ltd.
Hulamin Ltd
Alcoa Corporation
Ess Dee Aluminium Ltd.
Eurofoil
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.
Find your sweet spots for generating winning opportunities in this market.
The report covers exhaust analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need and save 40%!
Global Printed Aluminium Foil Packaging market: Segmentation
Globally, the Printed Aluminium Foil Packaging market has been segmented as –
On the basis of thickness, the global Printed Aluminium Foil Packaging market is segmented as –
<0.007 mm printed aluminium foil
007 mm – 0.09 mm printed aluminium foil
09 – 0.2 mm printed aluminium foil
2 mm – 0.4 mm printed aluminium foil
On the basis of application, the global Printed Aluminium Foil Packaging market is segmented as –
Food
Dairy
Bakery & Confectionery
Ready-to-eat
Others
Beverages
Pharmaceuticals
Personal care & cosmetics
Others
On the basis of end use, the global Printed Aluminium Foil Packaging market is segmented as –
Bags & pouches
Wraps & rolls
Blisters
Lids
Laminated tubes
Trays
On the basis of region, the global Printed Aluminium Foil Packaging market has been divided into seven key regions as –
