Aluminum foils offer
many advantages to the packaging and food industries and the consumer
including consumer friendliness & recyclability. Consumers can
freeze or heat food products in the foil container directly. Other
applications of aluminum include beverage, confectionary, personal
care, health care and other industrial uses. The Global
Aluminum Foil Packaging Market is expected to show high
growth over coming years. The major growth is expected in the
developing markets owing to strong economic growth and increasing
middle class with growing disposable income. The change in life style
which includes changed food habits has led to increased demand for
packaging.
Increased demand in
chocolates and snacks industry as well as pharmaceutical industry is
the major drivers for aluminum foils industry. The future
opportunities in this industry lie in deploying technological
advancements to produce improvement in product quality and its
consistency, increase in productivity of mills, reduction in plants
losses to reduce cost, increase in the availability of foils in
various forms for critical mass consumption usages and improvement in
the exportability of foils.
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Some of the major
players in this industry are ACM Carcano, Aditya Birla Group, Alcoa,
Aluflexpack, Alufoil Products Pvt. Ltd., Alupac, Amcor, Ardagh Group,
Bachmann Aluminium GmbH, Comital Group, Dalia Packaging, Danpak
International B.V, DeLaval, Ekco, Eurofoil, Flexifoil Packaging,
Hindalco Industries Limited, Plus Pack, Rajasthan Foils Pvt. Ltd,
Southern Aluminium Industry Co. Ltd., TetraPak and Velcro Group.
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