Aluminum foils offer many advantages to the packaging and food industries and the consumer including consumer friendliness & recyclability. Consumers can freeze or heat food products in the foil container directly. Other applications of aluminum include beverage, confectionary, personal care, health care and other industrial uses. The global aluminum foil packaging market is expected to show high growth over coming years. The major growth is expected in the developing markets owing to strong economic growth and increasing middle class with growing disposable income. The change in life style which includes changed food habits has led to increased demand for packaging.
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Increased demand in chocolates and snacks industry as well as pharmaceutical industry is the major drivers for aluminum foils industry. The future opportunities in this industry lie in deploying technological advancements to produce improvement in product quality and its consistency, increase in productivity of mills, reduction in plants losses to reduce cost, increase in the availability of foils in various forms for critical mass consumption usages and improvement in the exportability of foils.
Some of the major players in this industry are ACM Carcano, Aditya Birla Group, Alcoa, Aluflexpack, Alufoil Products Pvt. Ltd., Alupac, Amcor, Ardagh Group, Bachmann Aluminium GmbH, Comital Group, Dalia Packaging, Danpak International B.V, DeLaval, Ekco, Eurofoil, Flexifoil Packaging, Hindalco Industries Limited, Plus Pack, Rajasthan Foils Pvt. Ltd, Southern Aluminium Industry Co. Ltd., TetraPak and Velcro Group.