Aluminum foil is not just a convenient food packaging material. HTMM analysts say, By 2020, The global aluminum foil packaging market will reach 12.45 million tons, The compound annual growth rate was 6.47 per cent.
Aluminum foil is an extensible material, Can be modeled without losing its integrity, applicable to any type of customization. Aluminum packaging in protection, Distribution and display of goods play an important role.
Because of the versatility of aluminum foil, Easy to use and easy to recycle, Aluminum foil has become one of the most consumed aluminum products in the world. According to the product complexity index (PCI), Aluminum foil is the world's 275th most traded product, It is also the most complex product ranked 281. Aluminum foil can completely isolate light, Oxygen, Moisture and bacteria, Make it an ideal product for food and drug packaging. Other aluminum foil applications include drinks, Candy, Personal care, health care and other industrial uses.
Since aluminum foil is mainly used for packaging applications, So advanced economies are the biggest consumers of aluminum foil. The global aluminum foil packaging market is expected to maintain high growth in the next few years. Because of strong economic growth and as disposable income increases, The increase in the middle class, Developing markets are expected to grow significantly. Lifestyle change, Including changes in eating habits, resulting in increased demand for packaging. The growing demand for ready-to-eat sweets and medicines is a major driver of the aluminum foil industry.
HTMM ALUMINIUM is one of the largest aluminum foil manufacturers and exporters in China. HTMM aluminum foil rolling mills are rough - processed by world - class manufacturers, Finish mill, Thickness detection instrument and high precision equipment. HTMM aluminum foil is widely used in cigarette packaging, Food packaging, Soft packaging, Electronic packaging and other industries. The company produces 12% a year, 000 tons. HTMM have rich export experience, aluminum foil products exported to Asia, Africa, South America, Europe, the Middle East and more than 100 countries.