Product Code: GVR-3-68038-244-0
Household Aluminum Foil Market Growth & Trends:
The global household aluminum foil market size is expected to reach USD 2.15 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.3% from 2024 to 2030. Rising demand for home cooked packed food at workplace among young working class population is expected to have a positive impact. Furthermore, rising awareness regarding the hazardous chemical effects associated with the plastic packaged product is expected to promote the use of aluminum foils as packaging alternatives. Consumer prefers to use non sticky foil for lining pans and freezer storage. It is also an ideal option for oven use due to its ability to preserve the flavor of foods as well as save the cleanup time.
The unprinted product segment was the largest category, generating a revenue of USD 1.09 billion in 2023. The product is preferred over other packaging material due to its flexibility. Furthermore, increasing consumer awareness regarding plastic free products is driving the consumers to choose cost effective food packaging alternatives for daily use.
The supermarkets and hypermarkets category emerged as the largest segment, accounting for over 45.6% share of the global revenue in 2023. The consumer prefers to purchase from supermarkets due to the availability of a wide range of products in the same selling window. It has been observed that majority of the consumers prefer this channel due to the availability of branded as well as local products.
Asia Pacific accounted for more than 25.99% share of the global revenue in 2023. Increasing consumer awareness regarding healthy home cooked food packaging in emerging economies including China and India is driving the demand of household aluminum foils. Furthermore, growing disposable income in emerging economies including China and India is driving the household aluminum foil market.
Household Aluminum Foil Market Report Highlights:
- The unprinted segment dominated the market and accounted for the largest revenue share of 88.2% in 2023.
- Hypermarkets & supermarkets held the largest revenue share of 45.6% in 2023 as these stores offer a wide range of options and offer a one-stop shop for all household needs.
- The online segment is projected to grow at the fastest CAGR of 8.9% during the forecast period.
- North America household aluminum foil market held a considerable share of 40.4% in 2023.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Household Aluminum Foil Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Household Aluminum Foil Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Household Aluminum Foil Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Household Aluminum Foil Market: Product Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Printed
- 4.3.1. Printed Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Unprinted
- 4.4.1. Unprinted Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Household Aluminum Foil Market: Distribution Channel Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Household Aluminum Foil Market: Distribution Channel Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Hypermarkets & Supermarkets
- 5.3.1. Hypermarkets & Supermarkets Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Convenience Stores
- 5.4.1. Convenience Stores Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Online
- 5.5.1. Online Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Household Aluminum Foil Market: Regional Estimates & Trend Analysis
- 6.1. Household Aluminum Foil Market Share, By Region, 2023 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Italy Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Spain Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Japan
- 6.4.2.1. Japan Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. China
- 6.4.3.1. China Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. Australia
- 6.4.5.1. Australia Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. South Korea
- 6.4.6.1. South Korea Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. UAE
- 6.6.2.1. UAE Household Aluminum Foil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. Alufoil Products Pvt. Ltd
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Carcano Antonio S.p.A.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Alcoa Corporation
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Aluflexpack group
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Cuki Cofresco S.r.l.
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Flexifoil Packaging Pvt. Ltd.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Eurofoil
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Amcor plc
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. All Foils, Inc.
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Hindalco Industries Ltd.
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives