Global Aluminum Foil Market 2019-2023

Global Aluminum Foil Market 2019-2023

Global Aluminum Foil Market: About this market

Aluminum foil is widely used for packaging food and beverages, consumer goods, and personal care products. It is also used for pharmaceutical packaging. Technavio’s aluminum foil market analysis considers sales to food and beverage packaging, consumer packaging, pharmaceutical packaging, and other segments. Our analysis also considers the sales of aluminum foil in APAC, Europe, MEA, North America, and South America. In 2018, the food and beverage packaging segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the material’s ability to increase the shelf-life of food and beverages, its resistance to high temperature, and the growing food and beverages industry will significantly help the market segment in maintaining its leading position. Also, our global aluminum foil report has observed market growth factors such as the increase in global consumption of processed and packaged food products, growth in pharmaceutical and medical devices industry, and rising concerns regarding the use of plastic packaging products. However, fluctuations in aluminum prices, easy availability of substitutes, and the presence of stringent regulations may hamper the growth of the aluminum foil industry over the forecast period.

Global Aluminum Foil Market: Overview

Rising concerns regarding the use of plastic packaging products

Industries such as food and beverages, pharmaceuticals, packaging, and e-commerce extensively use plastic primarily for packaging. However, packaging solutions are mostly one-time use products and end up in landfills, which has been significantly contributing to environmental pollution. As a result, governments and industries are taking measures to use alternative packaging solutions such as aluminum foil. Therefore, the vendors of the market have been recording increased sales, which will lead to the expansion of the aluminum foil market at a CAGR of almost 6% during the forecast period.

Growing consumption of secondary aluminum

The aluminum industry itself is focusing on reducing its carbon footprint by recycling aluminum scrap to produce secondary aluminum. It is not only an environmentally friendly process but also requires less energy and incurs reduced manufacturing cost. Moreover, the rising demand for sustainable products from industries is increasing sales of secondary aluminum that is significantly used to make packaging solutions. Therefore, this trend will have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global aluminum foil market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global aluminum foil market is moderately fragmented. Technavio’s robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading aluminum foil manufacturers, which include Constellium SE, Hindalco Industries Ltd., Norsk Hydro ASA, Reynolds Group Holdings Ltd., and United Company Rusal Plc.

Also, the aluminum foil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Product offerings of vendors
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global metals and mining market
      • Table Segments of global metals and mining market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (thousand t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Food and beverage packaging - Market size and forecast 2018-2023
      • Table Food and beverage packaging - Market size and forecast 2018-2023 (thousand t)
      • Table Food and beverage packaging - Year-over-year growth 2019-2023 (%)
    • Consumer packaging - Market size and forecast 2018-2023
      • Table Consumer packaging - Market size and forecast 2018-2023 (thousand t)
      • Table Consumer packaging - Year-over-year growth 2019-2023 (%)
    • Pharmaceutical packaging - Market size and forecast 2018- 2023
      • Table Pharmaceutical packaging - Market size and forecast 2018-2023 (thousand t)
      • Table Pharmaceutical packaging - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (thousand t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (thousand t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (thousand t)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (thousand t)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 (thousand t)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (thousand t)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Factors contributing to fluctuations in raw material prices
      • Table Aluminum prices 2014-2019 ($ per metric ton)
      • Table Impact of drivers and challenges
  • Market trends
    • Rising popularity of lightweight packaging
    • Growing consumption of secondary aluminum
      • Table Recycling process of aluminum
    • Increasing adoption of sustainable packaging
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Constellium SE
      • Table Constellium SE - Vendor overview
      • Table Constellium SE - Business segments
      • Table Constellium SE - Organizational developments
      • Table Constellium SE - Geographic focus
      • Table Constellium SE - Segment focus
      • Table Constellium SE - Key offerings
    • Hindalco Industries Ltd.
      • Table Hindalco Industries Ltd. - Vendor overview
      • Table Hindalco Industries Ltd. - Business segments
      • Table Hindalco Industries Ltd. - Organizational developments
      • Table Hindalco Industries Ltd. - Segment focus
      • Table Hindalco Industries Ltd. - Key offerings
    • Norsk Hydro ASA
      • Table Norsk Hydro ASA - Vendor overview
      • Table Norsk Hydro ASA - Business segments
      • Table Norsk Hydro ASA - Organizational developments
      • Table Norsk Hydro ASA - Geographic focus
      • Table Norsk Hydro ASA - Segment focus
      • Table Norsk Hydro ASA - Key offerings
    • Reynolds Group Holdings Ltd.
      • Table Reynolds Group Holdings Ltd. - Vendor overview
      • Table Reynolds Group Holdings Ltd. - Business segments
      • Table Reynolds Group Holdings Ltd. - Organizational developments
      • Table Reynolds Group Holdings Ltd. - Geographic focus
      • Table Reynolds Group Holdings Ltd. - Segment focus
      • Table Reynolds Group Holdings Ltd. - Key offerings
    • United Company Rusal Plc
      • Table United Company Rusal Plc - Vendor overview
      • Table United Company Rusal Plc - Business segments
      • Table United Company Rusal Plc - Organizational developments
      • Table United Company Rusal Plc - Geographic focus
      • Table United Company Rusal Plc - Segment focus
      • Table United Company Rusal Plc - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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