Market Share of Aluminum Foil Packaging Industry
The aluminum foil packaging market is highly fragmented due to low entry barriers and growing demand. Some key players in the market are Amcor Limited, Constantia Flexibles, China Hongqiao Group Limited, Hindalco Industries Limited (Aditya Birla Group), and Novelis.
In October 2022, to ensure the group's supply chain and improve its position in the aluminum market, Constantia Flexibles is investing more than USD 80 million in building a new rolling mill and another production line at its plant in Austria. The company also claimed that the investment would reduce carbon dioxide emissions by providing rolling mills with "green" electricity and adding solar energy generation.
Aluminum Foil Packaging Market Leaders
Amcor Limited
Constantia Flexibles
China Hongqiao Group Limited
Novelis
Hindalco Industries Limited (Aditya Birla Group)
*Disclaimer: Major Players sorted in no particular order