Aluminium Foil and its End Uses Current Trends and Forecast till 2030

What does AL Circle’s report “Aluminium Foil and its End Uses Current Trends and Forecast till 2030” offer to you?

The usage of aluminium foil has come a long way over the past few years, from being a humble household product wrapper to a critical material for the packaging industry. Thanks to some of its incredible properties like recyclability, flexibility, temperature and bacteria resistance, and oxygen, light and odour barrier, aluminium foil has become an indispensable solution for sustainable packaging. About 48 per cent of aluminium foil is estimated to be used in the packaging industry in 2023. 

Industrial applications, such as fins for heat exchangers and capacitor foil, and cathode collectors for lithium-ion batteries, have also become a key area for aluminium foil usage. Industrial applications are likely to account for 30 per cent of the world’s aluminium foil usage this year.

This phenomenal transformation in aluminium foil applications and the rising trend of consumption have inspired AL Circle to come up with an industry-comprehensive report on “Aluminium Foil and its End Uses Current Trends and Forecast till 2030”. The report evaluates the ongoing trend of aluminium foil consumption and finds that the total global consumption of aluminium foil in 2023 will stand at around 6.1 million tonnes, primarily driven by China. The report also forecasts that China’s foil demand in the coming years will be impacted by the slow economic growth but the EV industry will counterbalance the domestic consumption for making Li-ion batteries.

The new report also shows region-specific aluminium foil market. It states that India, South Korea, Thailand, and Indonesia will be some of the key Asia Pacific regions where aluminium foil demand will increase by around 4% per annum over the next five years. The increasing collection and recycling rates of post-consumer aluminium packaging products are believed to drive the future growth of aluminium foil demand. 

AL Circle, being an eye for details, provides further insights into end user sectors that will contribute to the growth aluminium foil in the future. Through this report, AL Circle has also highlighted the countries that will drive the growth. 

What’s new in the report

• The report will now forecast to 2030
• Detailed coverage of aluminium foil market with updated consumption data by region and end-use applications, including food & beverage, pharmaceuticals, SRC, house foil, other consumer, and industrial applications.
• Updated analysis on foil grades and their market demand trends.
• Analysis of the addition of canstocks and finstocks by alloy grades (1XXX, 2XXX, 3XXX, 4XXX, 5XXX), including regional consumption and end-use applications for each series.
• Impact analysis of tariff and geopolitical crisis on aluminium foil
• Updated insights on secondary aluminium slab production capacity expansions to track new supply additions and investment trends.
• Fresh insights on the impact of tariffs, duty rates, and geopolitical factors on the foil market.
• Material substitution trends: Aluminium foil vs competing materials
• Latest trade statistics of the top 20 global foil importers and exporters with a five-year view.
• Addition of a dedicated section on aluminium foil for lithium-ion batteries.
• Expanded database of aluminium foil producers, suppliers, and traders for comprehensive market mapping (includes import & export of aluminium foil — HSN code 7607 — with quantity, price, company names, country of origin and port locations; provided in an Excel file with the report).