Global Laminated Aluminium Foil Market: Overview
Laminated aluminium foil is a thin layer of aluminium sheet that is used as a barrier. Laminated aluminium foil is widely used across the globe for various applications, which include consumer as well as industrial. For instance, laminated aluminium foil is used in flexible packaging, ID tags and point-of-purchase display.
Aluminium laminated foil is water and chemically repellent. It helps protect products from sunlight, humidity and the external environment. Laminated aluminium foil provides an excellent barrier and extends the shelf life of products. Laminated aluminium foil is also used in insulation, electromagnetic shielding, electrical and electronics. The household usage of laminated aluminium foil includes food wrapping, cooking, decoration, etc. Due to its exceptional abilities of heat sealing, which includes the sealing of moisture and forming flexibility, laminated aluminium foil is widely used in the soft packs for packaging accumulator batteries such as lithium ion and capacitors. The methods of manufacturing laminated aluminium foil include wet-bonding, dry pressure or thermoplastic bonding, extrusion bonding and hot-melt bonding. Laminated aluminium foil can be manufactured using a variety of adhesives depending upon the specific application, for instance, water soluble or non-water soluble. Laminated aluminium foils are used for the extrusion lamination of aluminium foil with paper, board and various plastic films. The high barrier properties of laminated aluminium foil are expected to boost the laminated aluminium market during the forecast period.
Global Laminated Aluminium Foil Market: Dynamics
Laminated aluminium foil consists of combining a web or a sheet of aluminium foil with one or more materials such as paper and plastic films. Laminated foils are often made on web-fed rotary equipment, which includes a coating unit for the colouring and pre-coating of the aluminium foil. Growth in the packaged food market is expected to drive the laminated aluminium foil market. In the packaged food segments, especially dairy and ready-to-eat meals, laminated aluminium foil acts as a barrier and is essential for the protection of the food from sunlight, moisture and other gases to improve the product life.
The laminated aluminium foil market has also witnessed significant growth in the cosmetics and personal care industry. Laminated aluminium foil finds applications in the pharmaceutical industry for the packaging of medicines & other healthcare devices and protecting the product from external environment & spillage. Opportunities for laminated aluminium foil are increasing in the application segments through improved research and development. Due to its light weight and high barrier properties, the laminated aluminium foil market is expected to witness rapid growth in the food packaging sector.
However, despite the positive outlook, laminated aluminium foil manufacturers face problems due to its low strength. It is possible to improve its strength and other mechanical properties of laminated aluminium foil by using stainless steel foil as the base material of laminates.
Global Laminated Aluminium Foil Market: Segmentation
Global laminated aluminium foil market is segmented on the basis of packaging format as follows:
- Flat & gusseted bags
- Stick Packs
Global Laminated aluminium foil market is segmented on the basis of laminating materials as follows:
Global laminated aluminium foil market is segmented on the basis of end use as follows:
- Food Packaging
- Beverage Packaging
- Cosmetics & Personal Care
Global Laminated Aluminium Foil Market: Regional Outlook
The flexible packaging market of North America is estimated to be a major consumer of laminated aluminium foil. It is expected to be followed by Europe. Asia pacific is expected to be the second-largest laminated aluminium foil market. The laminated aluminium foil market of North America is expected to grow at a steady pace due to the growing food packaging practices in the region. In the Middle East and Africa region, factors such as growing economies and changing lifestyle preferences are estimated to significantly boost the global laminated aluminium foil market.
Global Laminated Aluminium Foil Market: Key Players
- Safepack Industries Ltd
- Zenith Alluminio Srl
- Global Aluminium Foil Roller Initiative
- Tropack Packmittel GMBH
- All-Foils Inc.
- Label-Aid Systems
- API Group
- Prithvi Foils
The research report presents a comprehensive assessment of the laminated aluminium foil market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to laminated aluminium foil market segments such as geography, packaging format, laminating materials and end-use.
The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of laminated aluminium foil market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on laminated aluminium foil market segments and geographies.
- Detailed overview of laminated aluminium foil market
- Changing laminated aluminium foil dynamics in the industry
- In-depth laminated aluminium foil segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on laminated aluminium foil market performance
- Must-have information for laminated aluminium foil market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
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