Global Aluminium Bags and Pouches Market Analysis, Size, Demand, Share, Growth, Trends, and Forecast Report 2022

Dublin 2, Ireland, 2018-Apr-05 — /EPR Network/ — The global market discussion on global aluminium bags and pouches market can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Aluminium Bags and Pouches Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on aluminium bags and pouches market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Key Insights from the Report Include:

1- Europe will continue to spearhead the global market for aluminium bags and pouches during the projection period (2017-2022). The market in Europe is anticipated to reflect a steady growth in 2017 and beyond.

2- Asia-Pacific Excluding Japan (APEJ)’s market is likely to exhibit a robust CAGR of 6.3% during 2017 to 2022, which is higher than any other region.

Based on application, demand for aluminium pouches and bags from the food packaging sector will remain relatively high during the assessment period.  More than US$ 1,600 Mn worth aluminium pouches and bags are estimated to be used for food packaging over 2022.

3- On the basis of material thickness, preference for aluminium pouches and bags with thickness of 0.09 mm – 0.2 mm is expected to remain relatively high during the forecast period. Global sales of aluminium pouches and bags with 0.09 mm – 0.2 mm thickness currently account for nearly 50% share of the market in terms of revenue.

4- By printing, demand for non-printed aluminium bags and pouches is expected to gain further traction in the coming years. Global sales of non-printed aluminium pouches and bags presently command over 70% revenue share of the market.

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Europe to Remain at the Forefront of Global Aluminum Bags and Pouches Market  

Europe is expected to lead the global aluminium bags & pouches market in 2017 and the trend is likely to continue throughout the forecast period. The region’s market is projected to grow at a significant rate over the next couple of years. Meanwhile, the market in Asia-Pacific Excluding Japan (APEJ) is set to witness the fastest CAGR between 2017 and 2022.

Strong Demand in Food Packaging

On the basis of application, the food packaging segment is expected to hold the top position in 2017 and beyond. By 2022, the segment is anticipated to surpass a market valuation of US$ 1,600 Mn, reflecting a CAGR of 6.9%.

Aluminum Bags and Pouches with Thickness of 0.09 mm – 0.2 mm will remain Sought-After

Based on material thickness, the 0.09 mm – 0.2 mm segment is expected to remain highly attractive over 2022. Currently, this segment commands for a little less than 50% revenue share of the market and is projected to exhibit an impressive CAGR during the assessment period.

Non-Printed Aluminium Bags & Pouches to Represent a Leading Segment

By printing, the non-printed aluminium bags & pouches segment is expected retain is leading position over 2022. In terms of, this segment currently represent for nearly two-third share of the market and is likely to reach a valuation in excess of US$ 3,200 Mn by 2022-end.

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