Aluminum Foil Packaging Industry Market Status

- May 09, 2019-

Aluminum foil packaging industry market status

Aluminum foil packaging began in the early 20th century, when aluminum foil was used as the most expensive packaging material for high-end packaging.

    In the 21st century, the trend of market competition and product homogenization has stimulated the rapid development of product packaging. In 2002, the global packaging market has exceeded 500 billion US dollars. The development of aluminum foil packaging is basically in sync with the development of the entire industry. In the Chinese market, The development of aluminum foil packaging is faster. There are two main reasons: First, the gap between the development of China's flexible packaging market and developed countries is obvious. The proportion of soft packaging for daily consumer goods and food is small, and developed countries account for more than 65%, and some have exceeded 70. %, while China accounts for about 15%, and the proportion in the past two years has increased rapidly. Second, domestic aluminum-plastic composite and aluminum paper composite technologies have matured and production costs have decreased, which has promoted the popularization and application of aluminum-based composite materials in the Chinese packaging market.

    With the rapid development of the global packaging industry, the packaging industry has become an important pillar industry in developed countries. In the United States, the packaging industry has become the third largest industry. In Europe, the packaging industry is already the seventh largest industry. The development of the global packaging industry has greatly moved. The consumption of aluminum foil has made the packaging industry the largest consumer market for aluminum foil. According to the European Aluminum Foil Industry Association, more than 70% of aluminum foil is used in various packaging products in Europe. In the United States, this ratio is as high as 75%. Accounted for 70%, of which only food packaging, accounting for 30% of aluminum foil consumption. China's packaging aluminum foil annual demand will reach 250,000 tons, the growth rate of packaging aluminum foil in the next few years will greatly exceed China's air conditioning, decoration And the growth rate of the three aluminum foils for cable use.