Household Aluminum Foils Market Size, Share & Trends Analysis Report By Product (Printed, Unprinted), By Distribution Channel (Supermarkets & Hypermarkets, Online), And Segment Forecasts, 2019 - 2025

Industry Insights 

The global household aluminum foils market size was valued at USD 1.1 billion in 2018. The product is majorly used for wrapping foods due to its features including recyclability, light-weight characteristics, long shelf life, excellent temperature resistance, and durability. Growing working class population at a global level has generated the demand for packed foods, which, in turn, has played a crucial role in promoting the utility of aluminum foils.

Over the past few years, demand for home cooked food at workplace has been continuously increasing across the globe. The product also has few other household applications including pie crust baking, creating cake pan shape, softening brown sugar, and polishing silver utensils. Aluminum foil is economical and easy to carry due to its lightweight features. It is an excellent packaging material for protecting food on a freezer, cooler, or shelf. Post packaging, these foods are ideal for ready to serve purpose.

In the household of developed economies such as North America and Europe, the product is used to clean the ashes from fireplace. The consumers place a double layer of heavy-duty aluminum foil under the wood grate or across the bottom of the fireplace. Moreover, shifting trend towards barbeque grill as a starter during dinner and lunches in family occasions and weekend dinner is driving the demand for household aluminum foil as it can be used to keep meat drippings off barbecue coals and inverted baking pan as a mold.

Over the past few years, consumer inclination has been shifting towards plastic free products as a result of rising concerns over hazardous effects associated with plastics. As aluminum foils are considered biodegradable, a large number of population prefer to use this product instead of plastics.

Furthermore, plastic wraps can cause many hazards to health, which is increasing the sales of household aluminum foils. Consumers prefer to use this product for packing lunch and cooking grilled fish, vegetables, and chicken. It has been observed that aluminum foil is one of the most used packaging materials in developing countries including China, India, Brazil, and Mexico.

Product Insights

Unprinted products accounted for the largest share of over 85.0% in 2018. Large number of working population prefer to use this product due to its economic cost and ease of use. Opacity is an important feature that helps to prevent the food products from deteriorating. Furthermore, the product works as a barrier to gases, moisture, bacteria, odor, and molds. It has the ability to protect against the radiant heat.

Printed products are estimated to expand at a CAGR of 7.1% from 2019 to 2025. Companies are selling printed aluminum foils to households to promote their brands. It has been observed that the product is available in various sizes. Growing consumer preferences for innovative designs embedded in aluminum foils is expected to have a positive impact on the household aluminum foils market growth.

Distribution Channel Insights

Supermarkets and hypermarkets accounted for a share of over 50.0% in 2018. Large number of consumers opt for supermarkets to purchase their products due to availability of a wide range of options, along with the choice to physically verify the products before any purchase. It has been observed that extensive promotional campaigns by leading brands can help to increase the sales of the product, which attracts manufacturers to utilize these channels. Furthermore, renovated structure of hypermarkets and developed organized retail sectors have been attracting the customers.

The online category is anticipated to expand at the fastest CAGR of 7.3% from 2019 to 2025. Consumers are more inclined towards purchasing their required items from online stores due to the doorstep delivery system. Some of the key online retailers are Walmart, Amazon, and Ali Express. Furthermore, ease of product comparison in limited time span is a key driving factor. Online channels provide access to consumers so that they can compare different brands and understand the product benefits. Growing smartphone usage in developing countries including China, India, Brazil, and Mexico will create significant demand for the product over the forecast period.

Regional Insights

Asia Pacific accounted for the largest share of more than 30.0% in 2018. The region is anticipated to witness the fastest growth in the coming years. Increasing disposable income and growing consumer awareness about the usage of household aluminum foils, especially in developing countries including China, India, and Bangladesh, are contributing to the market growth.

A large young working class population in the above-mentioned countries has created significant demand for the product due to their increasing requirements of packed home cooked food at workplace. Furthermore, consumer awareness about the side effects associated with plastic packaged product will expand the usage of aluminum foil as a prime alternative.

The market in North America is expected to expand at a CAGR of 6.7% from 2019 to 2025. It has been observed that a large number of U.S. population prefer to have healthy and hygienic food at their workplace. Government initiatives and regulations on quality standards and food safety are influencing the manufacturers to develop effective packaging solutions that can prevent food contamination.

Furthermore, growing demand for ready to eat home cooked food and various confectionery products in the U.S. and Canada as a result of increased awareness regarding convenience among adults is expected to promote the market growth. The U.S. was the largest consumer of barbeque grilled products. As aluminum foil is used to remove dust from gas and charcoal grill, the demand of the product is expected to grow in the coming years.

Household Aluminum Foils Market Share Insights

Key manufacturers include Alufoil Products Pvt. Ltd.; Carcano Antonio S.p.A.; Alcoa Corporation; Aluflexpack group; Cofresco S.r.l.; Flexifoil Packaging Pvt. Ltd.; Eurofoil; Amcor Limited; Reynolds Group Holdings; Aditya Birla Management Corporation Pvt. Ltd.; and All Foils, Inc.

The companies are focusing on strategies such as mergers and acquisitions to increase their market reach. For instance, in July 2018, TOYO ALUMINIUM K.K. completed an acquisition of a 33.4% share in the packaging firm namely SVAM Packaging Industries Pvt. Ltd.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global household aluminum foils market report on the basis of product, distribution channel, and region:

• Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Printed

  • Unprinted

• Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Supermarkets & Hypermarkets

  • Convenience Stores

  • Online

• Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • The U.K.

  • Asia Pacific

    • China

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa