Aluminum Foil Market - Industry Trends and Forecast

October 19, 2022 | Author: madhvansakshi27 | Category:
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Aluminum foil is utilised in a variety of applications all around the world. Packaging behemoths are replacing plastic with aluminium due to a greater awareness of the pollution produced by plastics in the environment. Aluminum foil can be used in both traditional and fan-assisted ovens, giving customers the option of using it in both. They also protect rock samples by providing a seal against organic solvents.

Trays/containers from product segment will dominate the aluminum foil market due to the consumers mainly preferred to carry packed food to increase it durability and life spam. Data Bridge Market Research analyses that the aluminum foil market was valued at USD 25.66 billion in 2021 and is further estimated to reach USD 42.46 billion by 2029, and is expected to grow at a CAGR of 6.5% during the forecast period of 2022 to 2029.
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