Brazil Aluminum Foil Market Size & Outlook, 2021-2030

The aluminum foil market in Brazil is expected to reach a projected revenue of US$ 535.8 million by 2030. A compound annual growth rate of 2.9% is expected of Brazil aluminum foil market from 2022 to 2030.
Revenue, 2021 (US$M)
$412.9
Forecast, 2030 (US$M)
$535.8
CAGR, 2022 - 2030
2.9%
Report Coverage
Brazil

Brazil aluminum foil market highlights

  • The Brazil aluminum foil market generated a revenue of USD 412.9 million in 2021 and is expected to reach USD 535.8 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 2.9% from 2022 to 2030.
  • In terms of segment, other products was the largest revenue generating product in 2021.
  • Blister Packs is the most lucrative product segment registering the fastest growth during the forecast period.


Aluminum foil market data book summary

Market revenue in 2021USD 412.9 million
Market revenue in 2030USD 535.8 million
Growth rate2.9% (CAGR from 2021 to 2030)
Largest segmentOther products
Fastest growing segmentBlister Packs
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWrapper Foils, Container Foils, Foil Lids, Pouches, Blister Packs, Other Products
Key market players worldwideAmcor, 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.


Other key industry trends

  • In terms of revenue, Brazil accounted for 1.7% of the global aluminum foil market in 2021.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil aluminum foil market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 535.8 million by 2030.

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Aluminum Foil Market Companies

Name Profile # Employees HQ Website

Brazil aluminum foil market outlook

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.

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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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Brazil aluminum foil market size, by product, 2017-2030 (US$M)

Brazil Aluminum Foil Market Outlook Share, 2021 & 2030 (US$M)

Brazil aluminum foil market size, by product, 2017-2030 (US$M)

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