Aluminum foil frequently referred to with the misnomer tin foil. Aluminum foil is aluminum prepared in thin metal leaves with a thickness less than zero point two mm; thinner gauges down to six micro meters are also commonly used. The foil is flexible and can be willingly bent around objects. Thin foils are breakable and are fitfully laminated to other materials like plastics or paper to make them more useful. Approximately seventy five percent of aluminum foil is used for packaging of foods, cosmetics, and chemical products, and twenty five percent used for industrial applications and it can be recycled. Aluminum foil is widely sold into the consumer market, often in rolls of five hundred mm width and several meters in length.
The product of the aluminum foil is divided into Heavy Gauge Foil, Medium Gauge Foil, and Light Gauge Foil. Heavy gauge aluminum foil will remain undamaged when lot of wear and tear. Because of its high level of puncture and tear resistance, it is frequently deemed as the perfect material for more heavy duty applications. Aluminum foil frequently referred to with the misnomer tin foil. Medium Gauge foils which has a thickness of twenty to twenty five microns with four to six Gms of VMCH coating. This foil is generally used in flexible packaging including Pharmaceutical, Container, and Lidding packaging etc. and related industries. The products are good in rates as well domestic and international markets. The Light Gauge Foil that is available in enormous specifications. It has widely demanded for Flexible packaging and lamination. Their various features of Light Gauge Foil like High strength, Tear resistance, Durability etc.
The application of aluminum foil is spilt into pharmaceutical packaging, food packaging and cigarette packaging. These soft aluminum foils are suitable for strip packaging of Pharmaceutical products such as tablets, capsules, etc. In pharmaceutical blister packaging the most common foil thicknesses is used. Aluminum foil is an important material in laminates and has wide application in food packaging. Therefore, aluminum foil is used in the laminates when insufficient barrier properties are the limiting factor for shelf-life stability of food. Cigarette aluminum foil is also known as cigarette packaging aluminum foil or silver aluminum foil. Cigarette aluminum foil is a type of packing aluminum foil used in regular life.
The geographical analysis of aluminum foil is divided into different key regions of the world, United States, China, Europe, Japan, Southeast Asia, and India. Foils are commonly gauged in thousandths of an inch or mils in the United States. Standard household foil is typically zero point zero sixteen mm is thick, and heavy duty household foil typically zero point zero twenty four mm. Annual production of aluminum foil was approximately eight lakh tons in Europe and six lakh tons in the U.S. in two thousand three. Approximately seventy five percent of aluminum foil is used for packaging of foods, cosmetics, and chemical products, and twenty five percent used for industrial applications and it can be recycled. In the United Kingdom and United States it is, informally, widely called tin foil, for historical reasons. Metallized are sometimes mistaken for aluminum foil, but are actually polymer films coated with a thin layer of aluminum. In Australia, aluminum foil is widely called a foil.
Global Aluminum Foil Packaging Market: Product Type
Global Aluminum Foil Packaging Market: Application
Global Aluminum Foil Packaging Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Aluminum Foil Packaging Market :
Geographical analysis of Global Aluminum Foil Packaging Market :
Global Aluminum Foil Packaging Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2023 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2023) |
USD 21606.54 million |
Forecast Value (2030) |
USD 30605.84 million |
CAGR (2022 to 2028) |
5.1 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Aluminum Foil Packaging Market was valued at around USD 21606.54 million in 2023 & estimated to reach USD 30605.84 million by 2030.
Aluminum Foil Packaging Market is likely to grow at compounded annual growth rate (CAGR) of 5.1% between 2024 to 2030.
Yes, the report includes COVID 19 impact on the market.
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