India Aluminum Foil Market Size & Outlook, 2021-2030
India aluminum foil market, 2017-2030 (US$M)
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India aluminum foil market highlights
- The India aluminum foil market generated a revenue of USD 556.4 million in 2021 and is expected to reach USD 1,142.4 million by 2030.
- The India market is expected to grow at a CAGR of 8.3% 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 2021 | USD 556.4 million |
| Market revenue in 2030 | USD 1,142.4 million |
| Growth rate | 8.3% (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. |
Other key industry trends
- In terms of revenue, India accounted for 2.3% 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 Asia Pacific, China aluminum foil market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,142.4 million by 2030.
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Aluminum Foil Market Scope
Aluminum Foil Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 33.3% in 2021. Horizon Databook has segmented the India 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.
India is one of the fastest-growing markets for aluminum foil in the Asia Pacific. The country is among the fastest-growing economies in the world and is witnessing positive economic growth owing to the rising government initiatives, which are promoting the manufacturing sector as well as encouraging FDIs.
The Indian government targets to have new EV sales accounting for 70% of commercial vehicles, 30% of private cars, and 80% of two- and three-wheelers by 2030, which is likely to positively aid the aluminum foil market over the forecast period.
Owing to this, the government is coming up with various policies such as Faster Adoption and Manufacturing of Hybrid & Electric Vehicle (FAME) and Production Link Scheme for the automobile sector.
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Our clientele includes a mix of aluminum foil market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India aluminum foil market , including forecasts for subscribers. This country databook contains high-level insights into India aluminum foil market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India aluminum foil market size, by product, 2017-2030 (US$M)
India Aluminum Foil Market Outlook Share, 2021 & 2030 (US$M)
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