Aluminum foil industry in Europe
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Aluminum foil industry in Europe
Aluminum foil industry in Europe is expected to gain industry growth in the forecast period of 2020 to 2027. Data Bridge Industry Research analyses that the industry is growing with the CAGR of 3.7% in the forecast period of 2020 to 2027 and expected to reach USD 3,065.57 million by 2027. Increasing use of aluminum foil in automotive industry is boosting the demand of aluminum foil.
Europe region is dominating due to and increasing demand of packed food in residential as well as in commercial sectors.
From 1034.1 million USD In 2020, The “Food Aluminum Foil Industry in Europe” 2021 will register a 3.6% CAGR in terms of revenue Over the next five years and the global industry Size will reach 5739.3 Million USD by 2026, The high demand for Food Aluminum Foil which is used in various applications such as Food and Beverage, Pharmaceutical, Cigarette Packaging, Industrial, Other will drive the European aluminum foil industry.
Aluminum foil industry in Europe classification
Aluminum foil industry in Europe is segmented of end-users, thickness and product. The growth among segments helps you analyse niche pockets of growth and strategies to approach the industry and determine your core application areas and the difference in your target markets.
On the basis of end-user, Aluminum foil industry in Europe is segmented into food, pharmaceuticals, cosmetics, insulation, electronics, geochemical sampling, automotive components, others. In Europe, food segment is dominating in Germany as in the country the demand of online food delivery service through restaurants and hotels is very high which increases the demand of safe packaging through foils.
On the basis of thickness, Aluminum foil industry in Europe is segmented into 0.07 MM, 0.09 MM , 0.2 MM, 0.4 MM. In Europe, 0.07 MM thickness is dominating in Germany as the 0.07 MM thickness foil is easily bent and reform to any shape and size, so widely used in automotive industry and the country is having high demand of new and innovative vehicles.
On the basis of product, Aluminum foil industry in Europe is segmented into foil wrappers, pouches, blister packs, collapsible tubes, trays/containers, capsules, laminated lids, foil lined bags, chocolate foils, foil round seals, others . In Europe, trays/containers are dominating in Germany as in the region people mostly prefer to packed food at the time of travelling or in offices to reduce the time of cooking. Use of aluminum foil based product increases the food life which also increases the demand of trays and containers.
Aluminum foil industry in Europe manufacturer
Mingtai Aluminum is a well-known aluminum foil manufacturer in the European aluminum foil industry. Its main products include aluminum foil, plates and coils from the 1000 series to the 8000 series, with an annual production capacity of 1.1 million tons. Its products have long been supplied to European architectural decoration, ships, food packaging, pharmaceutical packaging, automobiles, electronic appliances, printing and other fields, such as: 3004 Aluminum Plate, 3004 Aluminum Container Foil, etc. It is one of the main suppliers in the aluminum foil industry in Europe.
Customers can contact Mingtai Aluminum to order aluminum foil, plates, and rolls. Mingtai Aluminum Email Address: email@example.com;