Global Household Aluminum Foils Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Printed and Unprinted.

By Distribution Channel;

Supermarkets & hypermarkets, Convenience stores and Online.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn494975214 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Household Aluminum Foils Market (USD Million), 2020 - 2030

In the year 2023, the Global Household Aluminum Foils Market was valued at USD 1,521.86 million. The size of this market is expected to increase to USD 2,475.94 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

The growth of the aluminum foils market is poised to be propelled by the expanding global packaging industry, where aluminum foils find extensive use in packaging various products like food, beverages, cosmetics, and pharmaceuticals. Additionally, the burgeoning demand for electric vehicles (EVs) and the increasing need for air conditioning systems are anticipated to further fuel the market growth for aluminum foils. Of notable significance is the pharmaceutical sector, witnessing a surge in aluminum foil demand due to heightened manufacturing activities.

Aluminum foils are ubiquitous across industries such as food and beverage, automotive, and fast-moving consumer goods (FMCG). Efforts are underway to bolster the manufacturing capabilities of these end-use sectors, auguring well for the demand trajectory of aluminum foils in the foreseeable future.

In the context of EVs, lithium-ion batteries, essential for these vehicles, incorporate electrolytic capacitors made of aluminum foil. The expanding EV market is expected to drive heightened demand for aluminum foils in the coming years. For instance, Toyota Motor's plans to establish a USD 1.3 billion battery plant for hybrid and electric vehicles in North Carolina, USA, underscores this trend.

Furthermore, the building and construction industry exhibit significant demand for aluminum foils owing to their favorable attributes like lightweight, corrosion resistance, and insulation capabilities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Household Aluminum Foils Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Convenience and Hygiene
        2. Growing Demand for Packaged Food
        3. Environmental Focus on Recyclability
        4. Rise in Disposable Income
      2. Restraints
        1. Fluctuations in Aluminum Prices
        2. Health Concerns
        3. Availability of Substitutes
      3. Opportunities
        1. Innovation in Foil Thickness, Coatings, and Packaging Formats
        2. Focus on Emerging Economies
        3. E-commerce Growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Household Aluminum Foils Market, By Product, 2022 - 2032 (USD Million)
      1. Printed
      2. Unprinted
    2. Global Household Aluminum Foils Market, By Distribution Channel, 2022 - 2032 (USD Million)
      1. Supermarkets & hypermarkets
      2. Convenience stores
      3. Online
    3. Global Household Aluminum Foils Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Alufoil Products Pvt. Ltd
      2. Carcano Antonio S.p.A.
      3. Alcoa Corporation
      4. Aluflexpack group
      5. Cofresco S.r.l.
      6. Flexifoil Packaging Pvt. Ltd.
      7. Eurofoil, Amcor Limited,
      8. Reynolds Group Holdings
      9. All Foils, Inc.
      10. Aditya Birla Management Corporation Pvt. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market

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