Middle East and Africa   aluminum foil market was valued at USD 1,640.0 million in 2021 and is expected to reach USD 2393.65 million by 2029, registering a CAGR of 4.84% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.     

Market Definition

Aluminum foil is a key component of laminates and is commonly found in food packaging. It offers a higher barrier function against moisture, oxygen, and other gases, as well as volatile smell and light, than any plastic laminate material. Aluminum foil is also used to make sterilized packaging. Aluminum foils deliver many advantages to the packaging and food industries and the consumer, including consumer-friendliness & recyclability.

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Drivers

  • Rising government initiatives for spreading consumer awareness

The market is being pushed by growing demand for aluminium foil from end-users such as food, pharmaceuticals, and cosmetics as a result of increased government actions to promote awareness about food safety.

  • Stringent rules and regulations toward food safety

Government rules prevailing food safety and quality standards have fueled the rise of the domestic aluminium foil business, encouraging producers to develop effective packaging solutions that avoid food contamination.

  • Increase the demand of E-retailing

Changing retail industry dynamics are likely to boost the demand for different retail products, therefore positively propelling the growth of the ready-to-use packaging products. Furthermore, the development of the e-retailing segment has moved consumers to online stores from retail stores. The online food industry will likely remain a key consumer market for aluminum foil products.

Highlight of Table of Content:

  • Chapter 1: Market overview
  • Chapter 2: Middle East and Africa   Aluminum Foil Market Analysis
  • Chapter 3: Regional analysis of the Aluminum Foil Market
  • Chapter 4: Market segmentation based on types and applications
  • Chapter 5: Revenue analysis based on types and applications
  • Chapter 6: Market share
  • Chapter 7: Competitive Landscape
  • Chapter 8: Drivers, Restraints, Challenges, and Opportunities
  • Chapter 9: Gross Margin and Price Analysis

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Some of the major players operating in the aluminum foil market are:

  • Amcor PLC (Switzerland)
  • Constantia Flexibles (Austria)
  • Novelis Aluminum (US)
  • Raviraj Foils Ltd (India)
  • Novelis Aluminum (US)
  • Ampco metal (Switzerland)
  • All hilal group (Saudi Arabia)
  • Caterpack (South Africa)
  • Alcon (Switzerland)
  • Huyi Aluminum Co, Ltd (UAE)
  • Cosmoplast (UAE)
  • Symetal (US)
  • Aluminum Foil Converters (South Africa)
  • UNIPACK (US)
  • Express Group (UAE)
  • ERAMCO (Saudi Arabia)

 

Profound Questions Answered in this Report:

  • What is the growth rate of various stages in the value chain of the industry?
  • Which region has the highest growth rate and size of the emerging market by value in 2022?
  • Who are the competitive players in Middle East and Africa   Aluminum Foil Market?
  • Which region has the largest share and degree of competition in the industry?
  • What is the CAGR of the market during the forecast period 2022 to 2028?
  • Which region is expected to hold the highest market share for the market?
  • What is the main driver of the Middle East and Africa   Aluminum Foil Market?
  • What is sales volume, revenue, and price analysis of top players of the market?
  • What are the market opportunities and threats faced by the vendors in the industry?
  • What has been the impact of COVID-19 on the Middle East and Africa   Aluminum Foil Market?

 

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