Global Aluminium Bags Market Overview:
Aluminium is one of the most common elements across the globe. Aluminium is found in nature as stable aluminium silicates. And of the aluminium is used in the packaging purpose. The properties which attract the aluminium by packaging industry is its durability & strength, food & drink compatibility, lightness, decorative potential, thermal conductivity, heat resistance, and others. The high recycling rates of aluminium also create a high adoption of aluminium bags. The recycling rates are increasing at higher rates in leading regions such as Germany with 96 percent and Belgium with 95 percent. Initially, aluminium is produced in Switzerland. Another big reason is it has 100% protection against light, moisture, oxygen, and other gases as well as against microorganisms and bacteria. Some of the key players profiled in the study are Mondi Group (Austria), Amcor (Australia), Bemis (United States), Pactiv (United States), Novelis (United States), Clifton Packaging Group (United Kingdom), Ess Dee (India), Printpack (United States), Protective Packaging (United States) and Plus Pack A/S (Denmark).
On the basis of geography, the market of Aluminium Bags has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Aluminium Bags market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Consumption of Dehydrated and Dry Foods
- Increasing Presence of Preserved Foods
- Growing Tobacco Industry Is Expected To Proportionately Push the Adoption of Aluminium Bags
Market Trend
- High Adoption from Meat, Poultry and Fish Industry
- Rising Awareness from Pharmaceutical Industry
Restraints
- Fluctuation in Raw Material Prices
Opportunities
- Advancement in Packaging Industry
- High Growth Potential in Europe Region Because Of Rising Number of European Aluminum Supplier
Challenges
- High Cost Associated With Aluminium Designed Bags
The global aluminium bag market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Aluminium Bags Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Aluminium Bags market on the basis of product [Center Seal Pouches, Side Seal Pouches, Zipper Pouches, Liquid Pouches and Side Gusseted Pouches] , application [Food and Beverages Packaging, Beverages Packaging, Personal Care & Cosmetics Packaging and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Aluminium Bags market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Aluminium Bags industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Constantia Flexibles (Austria), Nicholl Food Packaging Ltd. (United Kingdom) and Hindalco Industries Ltd. (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Aluminium Bags market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.