As the recent report published by Fact.MR, the global aluminium bags and pouches market is expected to register a sound CAGR of 5.5% during the forecast period (2017-2022).
Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of global aluminium bag and pouches market. The study is titled as “Aluminum Bags & Pouches Market Research Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global aluminium bag and pouches market.
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Fact.MR’s latest report reveals that the global aluminium bag and pouches market is set to stand at over US$ 4,300 Mn by 2022-end, expanding at an above-average CAGR between 2017 and 2022. Increasing importance of longer shelf-life of consumer goods couple with rising popularity of convenience packaging is expected reflect favourably on the global sale of various aluminium packaging items including pouches and bags. Over the years, application of aluminium packaging has significantly increased across domains (pharmaceutical, F&B, and personal care & cosmetics). This is primarily due to the product’s exceptional efficiency. Factors as such are expected to support the growth of the market in the forthcoming years.
In recent years, there has been relentless transformation in packaging technology, with arrival of new packaging composites. Manufacturers are infusing different materials with aluminium pouches and bags in order to make them tougher and lightweight. Aluminium pouches are among the top lightweight packaging materials that are currently used. Most companies opt for lightweight packaging materials owing to their cost benefits. Therefore, demand for lightweight aluminium bags and pouches is expected to remain high in the coming years. Feature such as highly flexibility, compactness and durability of aluminium pouches and bags make them suitable for various packaging requirements.
Also, aluminium packaging offer comprehensive protection and preservation of various product characteristics such as flavour and fragrance. Companies are utilizing cutting-edge technologies to increase profit and reduce wastage. Nonetheless, unavailability of these technologies in developing regions remains major market restraint. At the same time, the market is also facing challenges owing stringent environmental regulations on the use of non-biodegradable packaging materials. Aluminium based packaging products may take longer during to degrade as compared to paper based packaging materials.
Pactiv LLC, Amcor Ltd., Bemis Co., Inc., Ess Dee Aluminium Limited, Berry Global Group, Inc., Printpack Inc., Novelis, Inc., Clifton Packaging Group Ltd., Mondi Group plc, and Protective Packaging Ltd. are leading market players mentioned in Fact.MR report. A majority of these companies are actively focusing on introducing innovation and application-specific products in order to meet the requirements of both clients and end-users.
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Table of Contents
Chapter 1 Global Outlook
Chapter 2 Global Aluminum Bags & Pouches Market – Executive Summary
Chapter 3 Global Aluminum Bags & Pouches Market Overview
3.1.1 Global Aluminum Bags & Pouches Market Taxonomy
3.1.2 Global Aluminum Bags & Pouches Market Definition
3.2 Global Aluminum Bags & Pouches Market Size (US$ Mn) and Forecast, 2012-2022
3.2.1 Global Aluminum Bags & Pouches Market Y-o-Y Growth
3.3 Global Aluminum Bags & Pouches Market Dynamics
3.4 Supply Chain
3.5 Cost Structure
3.6 Pricing Analysis
3.7 Raw Material Sourcing Strategy and Analysis
3.8 List of Distributors
3.9 Key Participants Market Presence (Intensity Map) By Region
Chapter 4 Global Aluminum Bags & Pouches Market Analysis and Forecast-2012-2022
4.1 Global Aluminum Bags & Pouches Market Size and Forecast, By Material Thickness, 2012-2022
4.1.1 0.007 mm – 0.09 mm Market Size and Forecast, 2012-2022
220.127.116.11 Revenue (US$ Mn) Comparison, By Region
18.104.22.168 Market Share Comparison, By Region
22.214.171.124 Y-o-Y growth Comparison, By Region
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