Aluminium foil packaging market examined by Visiongain
The global market for aluminium foil packaging is poised for substantial growth in the upcoming decade, primarily spurred by the stable economic growth in the developing countries, rising disposable incomes and enhancing customers’ awareness of products quality and quantity. The competition is set to become more intense owing to low labor costs and development of new products.
In end-2013 the worldwide aluminium foil packaging market is predicted to override 3.8 MT. The overall healthcare aluminium foil packaging submarket is forecast to grow at a CARG of nearly 2% through 2023; its share in the total market is expected to be approximately 2.7% in 2023. The Turkish aluminium foil packaging market is likely to grow at a 5.3% CARG through 2023 to account for a 3% share of the global market in 2023.
Research report World Aluminium Foil Packaging Market 2013-2023 created by Visiongain offers a comprehensive overview of the global aluminium foil packaging market and provides separate analyses for the leading country markets: US, Japan, China, Germany, France, UK, Italy, Russia, Canada, India, Spain, Brazil, Turkey, South Korea and Indonesia. The study discloses essential information on the industry; scrutinises six major aluminium foil packaging submarkets; and describes key trends and factors shaping the market. The report characterises the competitive scenario and profiles the leading players. It also contains forecast of the market development through 2023. Submarkets covered in the report: food, beverage, personal care, health care, other consumer and industrial.