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Report overview
The global Aluminum Foil Packaging for Food market was valued at US$ 3509.7 million in 2022 and is projected to reach US$ 4060.9 million by 2029, at a CAGR of 2.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Aluminum Foil Packaging refers to the aluminum foil material which is used in the packaging industry. The aluminum foil used for packing materials is aluminium prepared in thin metal leaves with a thickness less than 0.2 mm (7.9 mils); thinner gauges down to 6 micrometres (0.24 mils) are also commonly used.
This report aims to provide a comprehensive presentation of the global market for Aluminum Foil Packaging for Food, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminum Foil Packaging for Food. This report contains market size and forecasts of Aluminum Foil Packaging for Food in global, including the following market information:
Global Aluminum Foil Packaging key players include Alcoa, Hydro, Rio Tinto Group, Novelis, UACJ, etc. Global top five players hold a share about 40%.
Europe is the largest market, with a share about 35%, followed by North America and China, having a total share about 30 percent.
In terms of product, Light gauge foil is the largest segment, with a share about 50%. And in terms of application, the largest application is Pharmaceutical packaging, followed by Cigarette packaging, Food packaging, etc.
We surveyed the Aluminum Foil Packaging for Food manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aluminum Foil Packaging for Food Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (MT)
Global Aluminum Foil Packaging for Food Market Segment Percentages, by Type, 2022 (%)
Global Aluminum Foil Packaging for Food Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (MT)
Global Aluminum Foil Packaging for Food Market Segment Percentages, by Application, 2022 (%)
Global Aluminum Foil Packaging for Food Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (MT)
Global Aluminum Foil Packaging for Food Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aluminum Foil Packaging for Food revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Aluminum Foil Packaging for Food revenues share in global market, 2022 (%)
Key companies Aluminum Foil Packaging for Food sales in global market, 2018-2023 (Estimated), (MT)
Key companies Aluminum Foil Packaging for Food sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: