Press Release
Press Release
The global aluminium foil market is expected to be driven by demand for aluminium foil products in packaging and other industrial applications during the period 2024-2032. The healthcare and pharmaceutical industries are likely to be significant growth drivers. North America, Europe and Asia Pacific are expected to be key markets.
Packaging has evolved into a vital aspect of brand promotion in today's environment. Customers' preference for convenience packing has increased as a result of modern lifestyles and today's fast-paced lives. Aluminium is a common metallic element found in abundance around the world and is frequently used as a barrier-resistant material for packaging food and beverages, pharmaceuticals, and cosmetics. Aluminium foil sheets are widely available for use in the manufacture of a variety of containers to meet specific packaging requirements. Aluminium foil is commonly used in pharmaceutical packaging due to its resistance to oxygen, odours, moisture, gases, light, and pathogens. The pharmaceutical sector extensively uses blister foil. Demand for aluminium foils is projected to expand as the medical industry develops in emerging markets. Further, aluminium can be recycled time and time again, which is why it is considered an eco-friendly and sustainable solution. Also, recycling aluminium consumes very less energy as compared to producing primary metal.
Owing to aluminium foil's ability to extend the shelf life of products and provide better flexibility for stored items, increased demand for wrapper, container, and pouch aluminium foils in the food and pharmaceutical industries is expected to boost the market. Aluminium packaging solutions are commonly used in supermarkets and convenience stores, bakeries, and fast service restaurants for product preservation and rapid serve purposes. Aluminium pouches are particularly popular because they enhance product shelf-life and maintain product hygiene while retaining chemical qualities, form, and melting resistance during sun-exposure. While the food and beverage sector has been the largest consumer of aluminium foil in the past, the combination of aluminium foil and paper could become a popular alternative for dairy-product packaging in the next few years.
Aluminium foil is relatively cheap and offers high resistance, which makes is suitable for several industrial applications. By alloying aluminium with other metals such as magnesium, manganese, copper, nickel, silicon, or zinc, aluminium alloys and foils of different qualities can be obtained. Aluminium foil is also used in technical applications such as vapour barrier in house construction or insulation in pipe systems. A key application of aluminium foil in the construction industry is insulation of pipes and ducts. Aluminium foil is also used as a top layer for insulating materials such as stone wool, foam insulation panels, and lamellar mats in the construction industry to insulate buildings.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.