Global aluminium foil demand to zoom over next 5 years

The growth of global demand for aluminium foil is estimated to rise by more than 4% CAGR until 2019, according to the data released by CRU International in a recently published report. The additional worldwide demand will add up to one million tons by the end of that period. The economic growth in China, which is fast becoming the leading market for production and demand, has been identified as the key growth driver.

Reflecting the buoyant outlook for the industry, the Global Aluminium Foil Roller Initiative (GLAFRI) has recently welcomed new foil roller members on board: Gujarat Foils and Raviraj Foils with operations in India and UACJ Foil based in Japan and Malaysia. Otto Junker, the leading furnace manufacturer has also joined as a supplier member.

Commenting on the aluminium foil market and membership growth GLAFRI's President Manfred Mertens said, "We are excited by this forecast of potential growth in the global market. GLAFRI was established to support this expansion and particularly to enhance and develop consumption of foil in the various regions".

"Helping to achieve these aims, GLAFRI, represented by Vice President Simon Chan and Executive Director Stefan Glimm, recently launched a social media campaign in China to enhance home consumption of semi-rigid foil containers," he added. "We were glad to welcome twenty multipliers from media and trade associations, such as the restaurant and catering organisation for the Shanghai region."

"In India GLAFRI organised the first Indian foil roller workshop, to share expertise in promoting foil. The example of the Alufoil Trophy - which has been successful in Europe for many years making innovation in foil applications highly visible - was of particular interest to the Indian members. They saw it as an opportunity to drive foil consumption by considering a similar competition in India. This is exactly what we want to achieve with GLAFRI," concluded Mr Mertens.