Published Date: 2019-12-18 | Pages: Ongoing | Tables: Ongoing | Report ID: 8262 | Industry: Chemical & Material |
Format :
The global aluminum foil pouch market is expected to benefit from the rise in the demand for fast-moving consumer goods and some food products such as ready-to-eat confectioneries. Aluminum foil pouch can help to avoid food contamination and meet certain food safety and quality requirements. Aluminum foil pouch companies are anticipated to improve the sealing mechanism of their products to allow quicker filling and sealing, faster deliveries, shorter lead times, and ease of use for consumers.
According to market analysts, packaging innovation is one of the most important goals of aluminum foil pouch manufacturers. In September 2019, Amcor, an Australia-based global packaging company, announced that it will open a new Innovation Center in the US state of Ohio. The Innovation Center will provide home and personal care companies with unique packaging solutions and product sampling, testing, rapid prototyping, and design services.
Manufacturers to Introduce New Ecommerce Labs and Test Products for ISTA 6A
Key players operating in the global aluminum foil pouch market are Oliver Healthcare Packaging, Avonflex, Maco PKG, Oracle Packaging, Amcor Limited, Rotek Industries, Bemis Company Inc., and Wapo Corporation. Aluminum foil pouch manufacturers are expected to focus on offering more robust products that meet latest industry standards and government regulations. In September 2019, Amcor opened two new ecommerce laboratories to test and certify packaging for customers from across the globe. The laboratories will test packaging for ISTA 6A. Furthermore, Amcor will launch more tests as online retailers develop their own requirements.
Demand for Aluminum Foil Pouch with Absolute Barrier Effect Likely to Grow
The global requirement for aluminum foil pouch is predicted to significantly increase in future due to the strong demand for packaging solutions that can withstand varying and high temperatures and have formability, dead fold, and malleability properties. Stand-up aluminum foil pouch is widely used for packaging milk powder and milk. Some aluminum foil pouches come with absolute barrier effect to improve the protection and ensure longer shelf life of packaged contents. While these factors are anticipated to strengthen the demand in the global aluminum foil pouch market, recycling challenges could be one of the main growth restraints.
Market Segments
By Product Type
● Non-laminated
● Laminated
● PET Lamination
● Polyethylene Lamination
● Polypropylene Lamination
● Paper Lamination
By End Use
● Food
● Pharmaceuticals
● Medical Devices
● Industrial Chemicals
● Agrochemicals
● Animal Food
● Others
By Category
● Stand-up Pouch
● Flat Pouch
The food industry is expected to create high demand for aluminum foil pouch in the coming years. Rapid expansion of the commercial foodservice market and high demand from quick service restaurants could help aluminum foil pouch manufacturers with growth opportunities globally. Aluminum foil pouch can offer sturdiness and resistance to water, chemicals, moisture, and dust, which are much-needed characteristics of food packaging solutions used today.
By Region
North America is anticipated to show significant growth in global aluminum foil pouch market on the back of its increasing percentage of cheese and other dairy exports to South Korea, China, Canada, Mexico, and Southeast Asia. Large demand for packaged food products could also add to the growth of the North America aluminum foil pouch market. Asia Pacific is expected to create decent demand for aluminum foil pouch because of the high consumption of aluminum foil in China and India. High use of aluminum foil among households and for packaging tobacco and cosmetic products could positively impact the Asia Pacific aluminum foil pouch market.
The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.
Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.
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