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Aluminium Foil

Aluminium FoilBatteryCorrugationFilm ExtrusionFlexible PackagingHygieneLabelsNonwovenPaperRubber & TyreSheet ExtrusionTechnical TextilesTissueWoven Sacks

Global Industry Size:

The global aluminum foil market size was valued at USD 23.1 billion in 2020 and is expected to reach USD 30.4 billion by 2027, growing at a CAGR of 3.8% during the forecast period.

India Industry Size:

The Indian aluminum foil market size was valued at INR 12,500 crore (USD 1.7 billion) in 2020 and is expected to reach INR 20,000 crore (USD 2.7 billion) by 2027, growing at a CAGR of 5.5% during the forecast period.

Number of Players in India:

There are approximately 50-60 players in the Indian aluminum foil industry, with a few large-scale manufacturers and several small and medium-sized enterprises.

Growth Rate:

The Indian aluminum foil industry has been growing at a CAGR of 5-6% over the past few years, driven by increasing demand from the packaging, pharmaceutical, and food industries.

Factors Causing the Industry to Thrive in India:

  • Growing demand for packaging materials in the e-commerce and food delivery sectors.
  • Increasing use of aluminum foil in the pharmaceutical industry for packaging and blister packs.
  • Rising demand for aluminum foil containers in the food industry.
  • Government initiatives to promote the use of eco-friendly packaging materials.
  • Growing middle-class population with increasing disposable income.

Future Potential:

  • The Indian aluminum foil industry has significant potential for growth, driven by increasing demand from various end-use industries and government initiatives to promote sustainable packaging.
  • The industry is expected to benefit from the "Make in India" initiative, which aims to promote domestic manufacturing and reduce dependence on imports.

Note: The data and figures mentioned above are approximate and sourced from various industry reports, research studies, and market analysis.

Tailor-made solutions for the Aluminium Foil industry:

  • Knife holders, round knives, blades & slitting system from DIENES (Thumbnail with link to particular principals page)
  • Inspection system from DAC,
  • Expanding Shafts from Svecom,
  • Laser Perforation system from MLT.