Aluminum Foil Packaging Growing Rapidly

The popularity and demand for aluminum packaging is increasing, driven by economic and social factors, as well as environmental awareness around the world. The main sector driving demand is food and grocery.

Cans are always in demand

Of all the different types of aluminum packaging, such as cans, bottles, drums, lids and closures, cans have always been the most important standard. This trend will continue in the coming years. The global market is expected to grow 4.8% by 2026 and is valued at $ 101,993 million. The two-piece can is expected to see the most growth in demand, followed by the three-piece can.

Aluminum, tin, and steel are the most widely used aluminum materials for making cans and make up a third of all aluminum packaging. Aluminum is expected to be the most widely used fabric for making long-lasting tin cans.

New market segments

Although cans are necessary, the aluminum packaging industry has been supported by the growth of non-traditional market segments. Aluminum screw caps are also more common in wine markets. They are currently the most popular wine cork stoppers and are used for 30% of all wine bottles. This trend is very pronounced in the world’s largest wine markets: India and even Europe and the United States. The upward trend is driven by the preference for comfort, as young people love aluminum screw caps because they are easy to open and close.

Different uses

Cans are popular for food, beverages, cosmetics, prescription drugs, paint, etc. Although the highest global demand is in the food and beverage industry, there are regional differences. In North and Latin America, Europe, and Japan, cans are most often used for processed foods and beverages. While in the Asia-Pacific region excluding Japan (APEJ), cans are used to pack oil, in the geographic region they are used for non-food applications such as cosmetics, prescription drugs, and industrial products. APEJ is expected to be the number one market for cans worth $ 27.456 billion by 2022.

Expansion of the global food and beverage industry

It is the growing global demand for prepared and packaged food and beverages, especially alcoholic and non-alcoholic beverages that is opening up new markets for aluminum cans.

Emerging global markets

The United States was and is the largest market for aluminum packaging. However, the growing demand for packaged food and beverages is driven by rising incomes and urbanization in several developing countries around the world, especially in the Asia-Pacific region. China, Asian countries and Brazil are countries where the demand for canned food is leading to the increasing use of aluminum packaging. By 2022, China is expected to be the largest market for canned food, and therefore canned food.

India in focus

India is known for its safe food production and is a major source of standard and specialty foods in several countries, and India’s food exports have doubled in the last 10 years. In addition, India’s Common Market and Policy facilitate the movement of goods between India, ensuring an economical food supply chain and better market access. The market penetration of food, beverage and alcoholic beverages in India itself is expected to increase from the 12-tone system in 2018 to the questionnaire of 16 personality factors by 2022.

While these numbers include fresh food, there is still a lot of room for improvement in foil packaging, especially for beverages. By 2022, the grocery and grocery market is expected to be successful with $ 38.699 million, an 8.7% increase in sales over 2018. All of this will increase in the food and grocery stores sectors and drive demand of aluminum packaging as India promotes aluminum packaging to achieve circular economy.

Environmental concerns

In India, aluminum cans, with a usage rate above 70%, are considered significantly more environmentally friendly than plastics, the disposal of which poses international challenges. Additionally, chemical transfer from plastic food and water containers, as well as the inner plastic lining of cans, has raised serious concerns due to its potential effects on human health.

Companies try to beat the competition by creating a brand that represents sustainability. These companies are saying goodbye to plastics and instead relying on new aluminum cans with healthy inner liners. Industries that use mercantilist water in the Nordic countries, for example, choose aluminum cans because they are healthier and more environmentally friendly.

A positive cycle

Aluminum, tin and steel containers are becoming the norm at all levels of the economy, from buyers to product manufacturers and the packaging industry. As the demand for healthy aluminum packaging increases, the number of investments in innovation in this sector will increase. This gradually creates packaging materials that meet customer requirements and tastes and are also environmentally friendly.