Aluminium foil containers are extremely resistant to corrosion and are also chemically neutral. Still, the aluminium material also holds the characteristic of non-toxicity which makes it an ideal material for food packaging. In the food industry, aluminium foil containers are mostly uses due to its many advantages such as withstanding temperature changes compared to other packaging materials. The global aluminium foil container market was valued at USD XX million in 2017, and the market is expected to grow at a CAGR of XX% generating a revenue of up to USD XX million by 2025.
Growing interest of customers towards convenient packaging is the primary and the most fundamental driver of the global aluminium foil container market. These containers are microwave ovens compatible and they have the capability to retain original texture, flavour, etc. This is what drives a large part of demand for aluminium foil containers globally. The number of working professionals which is on a tremendous rise, thereby increasing the demand for packaged food. This has grown over the years, gradually leading to the overall growth of aluminium foil containers market. However, presence of more durable solutions such as plastic pouche, boxes etc are proving to be a significant challenge in the growth of the aluminium foil containers market.
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• Historic Period: 2013-2016
• Base Year: 2017
• Forecast Period: 2018-2025
• Key Segments: Application, Product Type and Region
• Key Players: Velcro Group, TetraPak, Aluflexpack group ,Alcoa Corporation., and Comital Group among others.
The global Aluminium Foil Container market is classified on the basis of product type application, and region. On the basis of application the global aluminium foil container market is classified into food and beverage, pharmaceuticals, electronics, household and others. On the basis of product type the global aluminium foil container market is bifurcated into rigid and flexible. Further, rigid aluminium foil containers are classified into boxes ,trays, plates and bowls. The flexible aluminium foil containers are bifurcated into pouches and sachets.
Aluminium Foil Container market by region classified into Europe ,North America, Latin America, Asia-Pacific and Middle East & Africa. The high number of working population and the large size of the consumer goods market in Asia Pacific makes it the most dominating region for global aluminium foil containers market.
The global aluminium foil container market is characterized by the presence of global and regional players including Bachmann Aluminium GmbH., Alufoil Products Pvt. Ltd., Carcano Antonio S.p.A., TetraPak and Velcro Group., Alcoa Corporation., Aluflexpack group, and Comital Group among others
Global Aluminium Foil Container Market, Key Segmentation:
On the Basis of Application:
• Food and Beverage
On the Basis of Product Type:
On the Basis of Region:
• North America
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Rest of Latin America
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
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