Aluminium foil containers
Aluminium foil containers sales have witnessed a spike as recyclability and sustainability gain prominence among manufacturers, according to a report by Future Market Insights.
In 2021, over one million tons of aluminium foil containers were sold globally; sales are likely to proliferate at a moderate y-o-y of over 4% in 2022, as per latest market intelligence research. Shifting consumer patterns toward effective and sustainable formats has been identified as a key sales influencer of the containers. The report analysis reveals that demand for aluminium foil containers is poised to be complemented by demand from multiple sectors, including foodservice, retail and supermarket, and others.
Aluminium foil containers continue to gain favour, owing to their superior barrier properties. Foodservice providers seek economic packaging formats with capabilities in terms of food quality retention, which in turn pushes the adoption the packaging as an ideal fit. According to the recent analysis, the weight of aluminium is another key aspect enhancing the viability of aluminium foil containers across diverse end-use applications.
Aluminium foil containers are scalable and foldable with large scope for accommodating brand logos and other marketing-oriented prints, which makes it a worthy investment across multiple end-use landscapes.
The current adoption rate of the products in the foodservice space can be anticipated to proliferate, driven by increasing consumer reliance on food ordering and on-the-go consumption.
End-users continue to prefer non-compartmental aluminium foil containers over compartmental ones, with global sales estimated in excess of one million tons in 2022. Well-established usage coupled with reasonable price points makes non-compartmental containers outsell their compartmental variants.
According to the report, food packers/processors are registering high demand for aluminium foil containers, creating sustained opportunities for manufacturers. Food packers/processors vying to offer fresh food products with optimal packaging by making use of aluminium foil containers. Moreover, the products are gaining notable advantages in the retail and supermarkets space, owing to their superlative barrier properties combined with ‘cook-in-the-container’ features.
Sensing the end-user shift toward a combination of speed and performance, manufacturers are offering aluminium foil containers that facilitate rapid heating. Moreover, manufacturers are also obtaining quality certifications, both national and international, regarding processing techniques and product characteristics. Efforts as such play a significant role in boosting consumer confidence and fuelling repeat sales.
As per market intelligence analysis, manufacturers are making headway with focus on the three pillars of long-term market sustenance- consumer convenience, marketing and design, and product innovation. For improving consumer convenience, the manufacturers are developing hygienic and easy-to-handle products at competitive costs.
In terms of marketing and design, the market players continue to emphasize enhancement of appeal and branding possibilities across popular social media channels. Manufacturers emphasize on offering distinguishable and efficient products, which correlates to substantial revenue benefits and end-user retention.
These insights are based on a report on Aluminium Foil Containers Market by Future Market Insights.
- Jill Sayles, CanTech International editor.
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