Aluminum Foil Packaging Market Size Is Anticipated To Reach USD 47.8 Billion By 2028
San Francisco, 24 December 2024: The Report Aluminum Foil Packaging Market Size, Share & Trends Analysis Report By Product (Foils Wraps, Pouches, Blisters, Containers, Others), By End Use (Food & Beverage, Tobacco, Pharmaceutical), By Region, And Segment Forecasts, 2020 - 2028 The global aluminum foil packaging market size is expected to reach USD 47.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.5% from 2020 to 2028. Aluminum foil packaging products such as pouches, foils, and wraps, among others, are used in the food and beverage industry as they provide an excellent barrier against moisture, light, and oxygen. The majority of the food consumed in western countries comes packaged. Aluminum packaging is gaining demand in food application, as it not only protects the food from contamination or spillage but also attracts consumer attention. These products are flexible, li...