Research and Markets: Global Aluminum Foil Packaging Market 2015-2019 – Increase in Demand from China
March 30, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/65fqms/global_aluminum) has announced the addition of the “Global Aluminum Foil Packaging Market 2015-2019” report to their offering.
The Global Aluminum Foil Packaging market to grow at a CAGR of 4.24% over the period 2014-2019
Aluminum foil packaging material is a part of the flexible packaging material and is basically produced using aluminum sheets. Aluminum foil can be used to wrap around any product for packaging purposes. It is manufactured through the continuous casting and cold rolling. The major end-users of aluminum foil are the Pharmaceuticals, and Food and Beverages industries.
One key trend being witnessed in this market is the economic growth in China because it has the highest consumption and production rate. Low pricing strategy and increase in export revenue of aluminum goods are factors contributing to the market growth in China. The Construction and F&B sectors are the largest end-users in China.
According to the report, demand for convenience packaging has increased recently because of changes in lifestyle and entry modes of the FDI in various sectors. Use of aluminum foil in flexible packaging designs such as zippers, pouring spouts, peel-off lids, and microwavable pouches enables ease of access, handling, and disposal of products.
Further, the report states that demand and supply gap poses a major challenge owing to the non-availability of aluminum foil because of less production and volatility of prices. Many sectors such as F&B, Cosmetics, and Healthcare are growing at a rapid rate in the market, which is dependent on the supply of aluminum foil.
Key Vendors
- Amcor
- Ardagh Group
- RUSAL
- Tetra Pak International
Other Prominent Vendors
- ACM Carcano
- Alibérico Packaging
- Assan Alüminyum
- Companhia Brasileira de Aluminio
- Hindalco
- Jasch Foils
- Nicholl Group
- Novelis (Reynolds Group)
- Plus Pack
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Application
- Market Segmentation by End-users
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/65fqms/global_aluminum
Research and Markets
Laura Wood, Senior Manager
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Sector: Packaging
