Aluminum Foil Packaging Market: 33% Growth to Originate from North America | Evolving Opportunities with ACG & Aikou Packaging Co. Ltd. – JulieSimba
Aluminum Foil Packaging Market: 33% Growth to Originate from North America | Evolving Opportunities with ACG & Aikou Packaging Co.  Ltd.

Aluminum Foil Packaging Market: 33% Growth to Originate from North America | Evolving Opportunities with ACG & Aikou Packaging Co. Ltd.

NEW YORK, July 4, 2022 /PRNewswire/ — The “Aluminum Foil Packaging Market by End-user (food and beverage, pharmaceutical, and others) and Geography (North AmericaAPAC, EuropeMEA, and South America) – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The aluminum foil packaging market share is expected to increase by USD 2.17 billion From 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.07%. 33% of the market’s growth will originate from North America during the forecast period. The US is the key market for aluminum foil packaging market in North America. Market growth in this region will be faster than the growth of the European and South American markets. The growth of the online food delivery market is expected to increase the demand for aluminum foil containers and lidding foil as it provides better heat sealable properties than other plastic films.

Technavio has announced its latest market research report titled Aluminum Foil Packaging Market by End-user and Geography - Forecast and Analysis 2021-2025

Technavio has announced its latest market research report titled Aluminum Foil Packaging Market by End-user and Geography – Forecast and Analysis 2021-2025

Aluminum Foil Packaging Market: Segmentation Analysis

The aluminum foil packaging market report is segmented by End-user (food and beverage, pharmaceutical, and others) and Geography (North AmericaAPAC, EuropeMEA, and South America).

  • Revenue Generating Segment: The aluminum foil packaging market share growth in the food and beverage segment will be significant for revenue generation. The increase in sales of packaged foods and dairy products is the key driving factor, which is triggering the growth of aluminum foil packaging in the food and beverage sector. Factors such as the growing global population and rising health awareness drive the demand for dairy products.

  • For additional insights into the contribution of all the segments – Click Now!

Aluminum Foil Packaging Market: Vendor Analysis

The aluminum foil packaging market is fragmented And the vendors are deploying organic and inorganic growth strategies to compete in the market. The aluminum foil packaging market report offers information on several market vendors, including ACG, Aikou Packaging Co. Ltd., Alcoa Corp., Alibérico SLU, Amcor Plc, and Hindalco Industries Ltd., Hulamin Ltd., Plus Pack AS, Tekni-Plex Inc., and United Company Rusal Plc among others. Few vendors with key offerings are –

  • ACG – The company offers tropical foils, CR/SF foils, and Aluminum Lidding foils.

  • Aikou Packaging Co. Ltd. – The company offers aluminum foil packaging for frozen foods, cakes, roasted foods, and others.

  • Alcoa Corp. The company offers aluminum foil packaging under its brand Reynolds. It offers standard aluminum foil, heavy-duty aluminum foil, non-stick aluminum foil, and others.

  • Alibrico SLU – The company offers aluminum foil packaging for food and beverages, pharmaceuticals, and others.

  • Amcor Plc – The company offers aluminum foil containers and lidding foil.

  • To gain access to more vendor profiles with their key offerings available with Technavio – Grab a sample now!

Aluminum Foil Packaging Market: Key Market Dynamics

  • Market Driver – The growing global commercial food-service market and rising demand from the pharmaceutical blister packaging market in us are some of the key market drivers.

  • Market Challenges – The factors such as fluctuating prices of aluminum will challenge market growth.

To learn about additional key drivers, trends, and challenges –. Request a Sample Report right now!

Get ready to achieve excellent business outcomes from this exclusive Aluminum Foil Packaging Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?

  • What is the current trend taking place in the market space?

  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?

  • What are market drivers, restraints, and challenges impacting demand & growth of the market?

  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years.

The competitive scenario provided in the Aluminum Foil Packaging Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Aluminum Foil Packaging Market Forecast Report – Buy Now!

Related Reports:

  • The aluminum market for packaging industry share is expected to increase by 2376.08 thousand tons from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.19%.

  • The ceramic packaging market Size has the potential to grow by USD 6.74 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.17%.

Aluminum Foil Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.07%

Market growth 2021-2025

USD 2.17 billion

Market structure

Fragmented

YoY growth (%)

3.32

Performing market contribution

North America at 33%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ACG, Aikou Packaging Co. Ltd., Alcoa Corp., Alibérico SLU, Amcor Plc, Hindalco Industries Ltd., Hulamin Ltd., Plus Pack AS, Tekni-Plex Inc., and United Company Rusal Plc

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Size

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Customer landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify existing opportunities in and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Cision

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SOURCE Technavio

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