The global aluminum packaging market includes aluminum sheets, foils, and other aluminum product types for packaging. Aluminum products for packaging are used for their flexibility, durability, and sustainability in applications such as consumer packaging and pharmaceutical packaging. Aluminum products are preferred for packaging because they do not emit hazardous gasses during processing and are recyclable.
Technavio’s analysts forecast the global aluminum market for packaging industry to grow at a CAGR of 3.35% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global aluminum market for packaging industry for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of aluminum for packaging applications such as consumer packaging and pharmaceutical packaging to calculate the market size by considering 2016 as the base year.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Aluminum Market for Packaging Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - Ess Dee Aluminium - Constellium - Aleris - Tajik Aluminium (TALCO) - Logan Aluminum - Hulamin
Market driver - Increase in demand from healthcare industry. - For a full, detailed list, view our report
Market challenge - Upstream industry challenges driven by trade policies in China, affecting downstream growth. - For a full, detailed list, view our report
Market trend - Rising demand for low alcohol content beverages. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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