Market revenue in 2021 | USD 412.9 million |
Market revenue in 2030 | USD 535.8 million |
Growth rate | 2.9% (CAGR from 2021 to 2030) |
Largest segment | Other products |
Fastest growing segment | Blister Packs |
Historical data | 2017 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wrapper Foils, Container Foils, Foil Lids, Pouches, Blister Packs, Other Products |
Key market players worldwide | Amcor, Eurofoil, Hindalco Industries Ltd GDR, Huawei Technologies, UACJ, Carcano Antonio SpA, Assan Alüminyum Sanayi ve Ticaret, Ess Dee Aluminium Limited, Laminazione Sottile, Shanghai Metal Corporation, Zhejiang Mingdao Aluminum Co. |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum foil market will help companies and investors design strategic landscapes.
Other products was the largest segment with a revenue share of 31.29% in 2021. Horizon Databook has segmented the Brazil aluminum foil market based on wrapper foils, container foils, foil lids, pouches, blister packs, other products covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil is among the key economies in Central & South America. The country registered 4.6% economic growth in 2021. According to the Government of Brazil, the country economy is expected to grow at a rate of 1.5% in 2022.
The y-o-y slowdown in the growth GDP of Brazil can be attributed to high inflation that is proving detrimental to the purchasing power of consumers, coupled with the global economic slowdown resulting from the impact of the COVID-19 pandemic and the Russia-Ukraine conflict.
As Brazil is attracting foreign direct investments (FDIs), especially in the electric vehicles industry, the demand for aluminum foils is anticipated to surge in the country during the forecast period. For instance, in May 2021, a U.S.-based ArqBravo Group announced an investment of USD 4.77 billion to set up an electric vehicle manufacturing factory in Colossus Cluster Industrial Park, Minas Gerais, Brazil.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil aluminum foil market , including forecasts for subscribers. This country databook contains high-level insights into Brazil aluminum foil market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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