Manufacturing for Aluminum Foil Containers. Investment Opportunities in Food Packaging Industry.
Aluminum foil provides a complete barrier to light, oxygen, moisture and bacteria. For this reason, foil is used extensively in food and pharmaceutical packaging. Aluminum foil is also used to make aseptic packaging. This type of packaging enables storage of perishable goods without refrigeration.
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To this day, the treats are encased in the world-famous aluminum foil tube. The uses of foil have grown over the past 100 years to a nearly endless count. From Christmas tree ornaments to spacecraft insulation, TV dinners to medicine packets—aluminum foil has, in many ways, improved both our products and our lives.
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Aluminum foil containers are formed by combining mechanical and air pressure to force light gauge aluminum foil into a shaped die cavity. Esthetically appealing aluminum foil containers are ideal for tableready service after the container has functioned first as a package and a heating utensil. Foil containers also come in a variety of colors and special purpose coatings. In restaurants around the world aluminum containers are used very frequently. Restaurants use these containers to package up customers take -out orders and to store leftover food from that day. Not only does the aluminum foil containers keep the food nice and hot for customers, but it also helps protect their meals from any bacterias and excess moisture that may be lingering around.
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Use
Packing made from aluminium foil is most widely used in the food industry. Many groceries are easily affected by sunlight, which damages their appearance and worsens their taste. Foil solves this problem in the best way possible which is why it is generally regarded as the ideal core packaging material for dairy products, pastries, and beverages. For example, dry milk in hermetically sealed packages made from laminated foil has a shelf life of 2 years.
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How aluminum foil is made
Aluminum foil is produced by rolling aluminum slabs cast from molten aluminum in a rolling mill to the desired thickness. To maintain a constant thickness, a technician monitors the rolling mill sensors to ensure the pressure on the slab is correct. Sensors are able to tell the technician if the pressure is too great or not enough and then the technician can adjust the rollers to apply more or less pressure. It is then coiled and sent to the cold rolling mill. To avoid breakage because of the thinness, the foil is doubled in the cold rolling mill and the rolled to the desired thickness. Aluminum foil provides a complete barrier to light, oxygen, moisture and bacteria. For this reason, foil is used extensively in food and pharmaceutical packaging. It is also used to make aseptic packaging that enables storage of perishable goods without refrigeration.
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Increasingly, aluminum foil is being merged with flexible films to create lightweight packages. This technology allows the packages to expand during production, then contract as the product is consumed. The packaging of pet food, tuna, coffee and soups alone produces 13 billion packages that are candidates for replacement with flexible foil-based packages.
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Market Outlook
The growth of the aluminum foil container is due to its many advantages. The natural qualities of aluminum, its impermeability and barrier properties, provide real benefits for consumers. There simply is not a more versatile material. Aluminum foil container market will reach an estimated valuation of USD 33.71 billion by 2027, while registering this growth at a rate of 4.29% for the forecast period of 2020 to 2027.
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Global Aluminum Foil Container Market Scope and Market Size
Aluminum foil container market is segmented on the basis of capacity, product, foil type, application, and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
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On the basis of capacity, aluminum foil container market is segmented into up to 50 ml, 50 ml to 200 ml, 200 ml to 400 ml, 400 ml & above. On the basis of product type aluminum foil container market is divided into compartmental, non-compartmental.
On the basis of foil type, aluminum foil container market is bifurcated into standard duty foil, heavy duty foil, and light gauge foil. On the basis of application aluminum foil container market is fragmented into foodservices, bakery & confectionery, food packers/processors, retail and supermarkets, pharmaceuticals, personal care & cosmetics, others. On the basis of end user market bags & pouches, wraps & rolls, blisters, lids, laminated tubes, and trays.
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Aluminum foil container market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications and others. Others are further sub segmented as cigarette, medical, electronics, etc.
Healthy growth rate of food packaging, the rapid expansion of foodservice industries, increasing disposable incomes, and growing preference for take-away-food, especially in emerging economies in the Asia Pacific region are expected to offer significant growth opportunities for the aluminium foil containers market.
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Due to the expansion of key industries such as food & beverages, pharmaceuticals, personal care & cosmetics, etc., sky-high demand for aluminum foil packaging is expected during the forecast period. India and China, which enjoy leading positions as two of the largest consumers of aluminum foil packaging in Asia Pacific, offer plenty of opportunities to vendors from across the world to invest in this lucrative market. This can either be done by collaborating with successful local players to expand into the region, or through mergers & acquisitions. Latest advancements in the global aluminum foil packaging market has slowly shifted the production base to the East, particularly in Asia.
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The past production of foil shows an overall growth rate of about 8% only. The usage pattern, being very sensitive to price and availability, keeps on changing from time to time depending upon the economies of usage of aluminium foil compared to other products. Large applications of Aluminium Foil include aluminium foil containers, where aluminium foil properties offer a great range of solutions for food packaging, and Household foil, which became in many countries an essential part of modern life, for cooking, or for many uses at home, or in commercial kitchens (restaurants, hospitals, schools, canteens).
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