The global aluminium bags & pouches market size is expected to reach USD 22.37 billion by 2032, according to a new study by Polaris Market Research. The report “Aluminium Bags & Pouches Market Share, Size, Trends, Industry Analysis Report, By Printing (Printed Aluminium Bags & Pouches and Non-Printed Aluminium Bags & Pouches); By Material Thickness; By Application; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The continuously rising product applications in food & beverage packaging applications and the growing availability of packaged food products through several online channels and platforms, along with the surge in awareness regarding the impact of plastic use on the environment, have boosted the adoption and demand for alternative packaging solutions like aluminum bags & pouches. Moreover, integrating active and intelligent packaging technologies into aluminum bags and pouches to extend product shelf life, enhance safety, and provide real-time information has also created lucrative market growth opportunities.
For instance, in February 2023, Camvac introduced its new Camfoil, a flexible, metalized, and multi-layer laminate that eliminates the traditional foils with the help of the company’s patented barrier coating technology.
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An increasing number of manufacturers are focusing on the development of innovative closure and dispensing systems for aluminum bags and pouches to enhance consumer convenience and incorporation of features such as resealable zippers, spouts, and tear notches providing easy access to the contents and allow for portion control, which improves the functionality of the packaging and enhances the overall user experience is gaining huge traction in the recent years.
Integrating technology into packaging, like smart packaging, offers several advanced and innovative features such as QR codes, tags, traceability, and these technological advancements also add value and engage consumers in new and innovative ways.
Aluminium Bags & Pouches Market Report Highlights
Polaris Market Research has segmented the aluminium bags & pouches market report based on printing, material thickness, application, and region:
Aluminium Bags & Pouches, Printing Outlook (Revenue - USD Billion, 2023 - 2032)
Aluminium Bags & Pouches, Material Thickness Outlook (Revenue - USD Billion, 2023 - 2032)
Aluminium Bags & Pouches, Application Outlook (Revenue - USD Billion, 2023 - 2032)
Aluminium Bags & Pouches, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
Report Attributes |
Details |
Market size value in 2023 |
USD 12.88 billion |
Revenue forecast in 2032 |
USD 22.37 billion |
CAGR |
6.3% from 2023 – 2032 |
Base year |
2022 |
Historical data |
2019 – 2021 |
Forecast period |
2023 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
Segments covered |
By Printing, By Material Thickness, By Application, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
Mondi Group, Sealed Air Corporation, Constantia Flexibles Group GmbH, Amcor Limited, Eurofoil Luxembourg S.A., Reynolds Group Holdings Limited, KW Aluminium, Ardagh group, Express Flexi Pack, Raviraj Foils Limited, Novelis Aluminium, Aleris Corporation, Aluminium Foil Converters, ERAMCO, Symetal, Cosmoplast, and UNIPACK. |
For Specific Research Requirements |