Global Aluminum Market for Packaging Industry 2021-2025 2021-2025

Global Aluminum Market For Packaging Industry 2021-2025

Technavio has been monitoring the aluminum market for packaging industry and it is poised to grow by 2376.08 th tons during 2021-2025, progressing at a CAGR of over 4% during the forecast period. Our report on aluminum market for packaging industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing need for sustainable packaging and increasing demand for aluminum containers for liquid products. In addition, growing need for sustainable packaging is anticipated to boost the growth of the market as well.

The aluminum market for packaging industry analysis includes type segment, application segment, and geographic landscape.

Technavio's aluminum market for packaging industry is segmented as below:

By Type

• Foils
• Sheets
• Others

By Application

• Consumer packaging
• Pharmaceutical packaging

By Geography

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the increasing urbanization and awareness about the effects of plastic packagingas one of the prime reasons driving the aluminum market for packaging industry growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on aluminum market for packaging industry covers the following areas:

• Aluminum market for packaging industry sizing
• Aluminum market for packaging industry forecast
• Aluminum market for packaging industry industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aluminum market for packaging industry vendors that include Alcoa Corp., Amcor Plc, Ardagh Group SA, Ball Corp., Constellium SE, Crown Holdings Inc., Ess Dee Aluminium Ltd., Hindalco Industries Ltd., Norsk Hydro ASA, and United Company Rusal IPJSC. Also, the aluminum market for packaging industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.