Packaging in today’s world has emerged as an integral part of the brand promotion. Owing to modern-day lifestyle coupled with today’s fast-paced life, customers’ inclination towards convenience packaging has increased. Aluminum is a kind of metallic element available in abundance across the globe and is preferably used a barrier resistant material for packaging to safeguard food & beverages, pharmaceutical, cosmetics, etc. Aluminum foil sheets are readily used in the manufacturing of various kinds of containers as per packaging requirements. Aluminum foil containers are exceptionally corrosion-resistant and are also chemically neutral. Moreover, the aluminum material is non-toxic in nature. Aluminum foil containers in terms of food packaging industry have many advantages as aluminum foil can withstand temperature changes compared to the packaging material. For instance, aluminum foil containers can go from deep freezers to microwave/oven to the dinner table irrespective of any change in the container.
Aluminum foil containers are in high demand for the food packaging industry. Based on the products type, Aluminum foil containers are classified in flexible as well as rigid containers wherein the rigid containers such as trays, boxes, bowls, etc. account for the largest market share in the global aluminum foil containers market. In terms of applications, Aluminum foil containers are also in demand from the pharmaceutical industry as aluminum foil act as the most preferred barrier resistant material.
On the basis of product type, the global aluminum foil containers market is segmented into: