Aluminium Bags & Pouches Market Size Worth $22.37 Billion By 2032 | CAGR: 6.3%

Aluminium Bags & Pouches Market Size Worth $22.37 Billion By 2032 | CAGR: 6.3%


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

  • Non-printed aluminium bags & pouches segment accounted for largest market share in 2022, mainly due to its growing use in numerous packaged products from industries like food and pharmaceutical
  • 0.09 to 0.2 segment held the significant market share in 2022, which is mainly driven by its advantageous properties like corrosion resistance, lightweight, and higher sustainability
  • Food & beverage segment dominated the market with substantial share in 2022, on account of increasing number of consumers of food packaged food products across the globe
  • North America region is likely to be the fastest growing region with a healthy CAGR over the study period, owing to presence of well-established industrial sectors and higher spending on research & development of products
  • The global key market players include Express Flexi Pack, Novelis Aluminium, Aleris Corporation, Mondi Group, Reynolds Group Holdings, and Constantia Flexibles

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)

  • Printed Aluminium Bags & Pouches
  • Non-Printed Aluminium Bags & Pouches

Aluminium Bags & Pouches, Material Thickness Outlook (Revenue - USD Billion, 2023 - 2032)

  • 0.007 to 0.09
  • O.09 to 0.2
  • 0.2 to 0.4

Aluminium Bags & Pouches, Application Outlook (Revenue - USD Billion, 2023 - 2032)

  • Food & Beverage Packaging
  • Personal Care & Cosmetic Packaging
  • Pharmaceutical Packaging

Aluminium Bags & Pouches, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Aluminium Bags and Pouches Market Report Scope

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.

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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