The analysts forecast global aluminum foil packaging market in food and beverages industry to grow at a CAGR of 5.58% during the period 2018-2022.
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In the food and beverages industry, aluminum foil packaging is used as a primary packaging solution. This type of packaging offers protection to food and beverage products from adverse environmental conditions during the storage and transportation of product from the point of manufacturing to the point of consumption.
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This report covers the present scenario and the growth prospects of the global aluminum foil packaging market in food and beverages industry for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: Americas, APAC & EMEA
This report, Global Aluminum Foil Packaging Market in Food and Beverages Industry 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Report at www.reportsnreports.com/.aspx?name=1358141.
Key vendors: Amcor, Hindalco, Mondi, Reynolds Group Holdings, RUSAL
Market driver: Growing demand for cost-efficient packaging solutions
Market challenge: Volatility in raw material prices
Market trend: Increase in adoption of pouch packaging
Key questions answered in this report:
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?