Report ID: SQMIG15G2070
Report ID:
SQMIG15G2070 |
Region:
Global |
Published Date: July, 2001
Pages:
165
|
Tables:
93 |
Figures:
76
In 2021, Asia Pacific dominated the aluminum foil packaging market and contributed for 38% of total sales. Due to the region's burgeoning middle class and consumer markets for products including food, beverages, and pharmaceuticals, the industry is expanding throughout Asia Pacific. Due to significant manufacturing expenditures and large populations of consumers, India and China are projected to become the product's two most important markets.
Due to its effective single-dose packaging and ease of use, pharmaceutical companies in the U.S. are rapidly moving toward flexible packaging solutions like blisters. Aluminum foil packaging is projected to experience significant development opportunities as a result of this encouraging trend toward blister packs.
Because consumers are becoming more aware of sustainable packaging options, the market in Europe is expected to increase significantly. Furthermore, the industry is probably going to benefit from strict government rules in the area that aim to reduce the use of plastic packaging.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONAluminum Foil Packaging Market size was valued at USD 25640.48 million in 2019 and is poised to grow from USD 26666.1 million in 2023 to USD 37954.17 million by 2031, growing at a CAGR of 4% in the forecast period (2024-2031).
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG15G2070