Market Share of Aluminum Foil Packaging Industry
The aluminum foil packaging market is 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.
February 2024: Constantia Flexibles announced that it had inked a deal to purchase about 57% of Aluflexpack's shares, a prominent European packaging producer. Aluflexpack is known for its foil and film packaging expertise, catering primarily to the consumer and pharma industries. This move significantly bolsters Constantia Flexibles' position in the aluminum foil packaging market, spanning various segments.
Aluminum Foil Packaging Market Leaders
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Amcor Limited
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Constantia Flexibles
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China Hongqiao Group Limited
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Hindalco Industries Limited (Aditya Birla Group)
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Novelis Inc.
*Disclaimer: Major Players sorted in no particular order
