- In April 2023, Amcor plc, based in Australia, partnered with Tyson Foods to develop innovative, sustainable packaging solutions. The new packaging aims to reduce carbon footprints by up to 70% compared to traditional options. This collaboration reflects both companies' commitment to environmental sustainability in packaging
- In April 2023, Constantia Flexibles Group GmbH, headquartered in Bundesland Wien, acquired Lászlópack Kft. This acquisition strengthens Constantia Flexibles' position in the packaging industry. It enables the company to expand its product offerings and enhance its market presence
- In April 2022, Novelis announced a US$ 30 million investment to establish a new continuous annealing line at its Plettenberg-Ohle facility in Germany. This expansion aims to increase the plant's aluminum production capacity, particularly for coffee capsules. The investment highlights Novelis' commitment to enhancing its sustainable packaging portfolio and meeting growing demand for environmentally friendly alternatives
- In December 2021, Hindalco, based in Mumbai, acquired Hydro's aluminum extrusion business located in Andhra Pradesh. This strategic acquisition allowed Hindalco to expand its portfolio of high-end value-added products. The move strengthens the company's position in the aluminum market and supports its growth in the premium product segment
- In June 2021, Nestlé USA announced a US$ 100 million investment to expand its frozen food facility in South Carolina, United States. This expansion aims to enhance production capacity and meet the growing demand for frozen food products. The investment reflects Nestlé's commitment to strengthening its presence in the U.S. market and supporting its long-term growth strategy
Frequently Asked Questions
The market is segmented based on Global Smart Market Segmentation, By Product (Foil Wrappers, Pouches, Blister Packs, Collapsible Tubes, Trays/Containers, Capsules, Laminated Lids, Foil Lined Bags, Chocolate Foils, Foil Round Seals, and Others), Type (Printed, and Unprinted), Thickness (0.07 MM, 0.09 MM , 0.2 MM, and 0.4 MM), End User (Food, Pharmaceuticals, Cosmetics, Insulation, Electronics , Geochemical Sampling, Automotive Components, and Others) – Industry Trends and Forecast to 2032
.
The Global Aluminum Foil Market size was valued at USD 30.99 USD Billion in 2024.
The Global Aluminum Foil Market is projected to grow at a CAGR of 6.5% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
