is9792 (5)

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Aluminium Foil Containers Market Poised to
Register 5.4 CAGR through 2027

• Feb 2020

Report Id REP-GB-4790 Published On
January-2019 Category Packaging
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Aluminium Foil Containers Market Analysis

• Aluminium Foil Containers Market Poised to
  Register 5.4 CAGR through 2027
• In 2018, over 1 million tons of aluminum foil
  containers were sold globally sales are likely
  to proliferate at a moderate y-o-y of over 4 in
  2019, as per FMIs latest research. Shifting
  consumer patterns toward effective and
  sustainable formats has been identified as a key
  sales influencer of aluminum foil containers. As
  per FMIs analysis, demand for aluminum foil
  containers is poised to be complemented by
  unwavering demand from multiple sectors,
  including foodservice, retail supermarket, and
  others.
• Aluminum foil containers continue to gain immense
  favor, owing to their superior barrier
  properties. Foodservice providers seeking
  economic packaging formats with capabilities in
  terms of food quality retention, which in turn
  pushes the adoption of aluminum foil containers
  as an ideal fit. According to FMIs analysis,
  weight of aluminum is another key aspect
  enhancing the viability of aluminum foil
  containers across diverse end-use applications.
  Moreover, aluminum foil containers are scalable
  and foldable with immense scope for accommodating
  brand logos and other marketing-oriented prints,
  which makes it a worthy investment across
  multiple end-use landscapes.
• Alongside increasing proclivity for recycling,
  end-user industries are gearing up to turn this
  trend into a competitive advantage. Consumer
  demand for environmentally-responsible products
  has become highly evident than ever, which is
  being considered by end-users to enhance their
  bottom lines via appropriate offerings. Aluminum
  foil containers, being 100 recyclable, are
  gaining momentum in various shapes and sizes as
  per specific end-user requirements, says the FMI
  report.

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Aluminium Foil Containers Market Analysis

• The current adoption rate of aluminum foil
  containers in the foodservice space can be
  anticipated to proliferate, driven by increasing
  consumer reliance on food ordering and on-the-go
  consumption. With global sales set to grow at a
  y-o-y of over 4 in 2019, future adoption of
  aluminum foil containers will remain significant
  as they offer tremendous compatibility in
  processing as well as storage conditions.
• End-Users Continue to Favor Non-Compartmental
  Aluminum Foil Containers over Compartmental
• As per the report, end-users continue to prefer
  non-compartmental aluminum foil containers over
  compartmental ones, with global sales estimated
  in excess of 1 million tons in 2019.
  Well-established usage coupled with reasonable
  price points makes non-compartmental aluminum
  foil containers outsell their compartmental
  variants.
• According to FMI, food packers/processors are
  registering high demand for aluminum foil
  containers, creating sustained opportunities for
  manufacturers. Food packers/processors vying to
  offer fresh food products with optimal packaging
  by making use of aluminum foil containers.
  Moreover, aluminum foil containers are gaining
  notable advantages in the retail and supermarkets
  space, owing to their superlative barrier
  properties combined with cook-in-the-container
  features.

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Aluminium Foil Containers Market Analysis

• Sensing the end-user shift toward a combination
  of speed and performance, manufacturers are
  offering aluminum foil containers that facilitate
  rapid heating. Moreover, manufacturers are also
  obtaining quality certifications, both national
  and international, regarding processing
  techniques and product characteristics. Efforts
  as such play a significant role in boosting
  consumer confidence and fuelling repeat sales.
• As per FMIs analysis, aluminum foil container
  manufacturers are making headway with extensive
  focus on the three pillars of long-term market
  sustenance- consumer convenience, marketing and
  design, and product innovation. For improving
  consumer convenience, the manufacturers are
  developing hygienic and easy-to-handle products
  at competitive costs. In terms of marketing and
  design, the market players continue to emphasize
  on enhancement of appeal and branding
  possibilities across popular social media
  channels. Manufacturers emphasize on offering
  distinguishable and efficient products, which
  correlates to substantial revenue benefits and
  end-user retention.
• Source https//www.globenewswire.com/news-release
  /2019/02/11/1716618/0/en/Aluminium-Foil-Containers
  -Market-Poised-to-Register-5-4-CAGR-through-2027-F
  uture-Market-Insights.html
• More from FMIs Packaging Market Intelligence
• VCI Packaging Market
• Paper Pallet Market

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Aluminium Foil Containers Market Analysis

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