ALUMINUM LAMINATED FILM MARKET ANALYSIS

Regional Analysis

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East &Africa:  South Africa, GCC Countries, Rest of Middle East & Africa

Global Aluminum Laminated Film Market: Regional Analysis

Asia Pacific accounted for the largest market share in 2022, owing to increasing demand for consumer electronics products across the region. The increasing demand for fast-moving consumer goods, coupled with the growing economy, is expected to lead to the market's high growth in Asia Pacific. For instance, according to the India Brand Equity Foundation, the India consumer electronics market was valued at US$ 10.93 billion in 2019 and is expected to reach US$ 21.18 billion by 2025. The market for aluminum film is dominated by Asia-Pacific because of population growth. The widespread uses in the pharmaceutical industry will also help the region's aluminum foil market grow over the course of the forecast period. Due to the increased use of aluminum film for insulation in both brown goods and white goods, North America is expected to experience significant growth in the aluminum film market. Furthermore, it is anticipated that in the upcoming years, rising food and grocery product consumption will further fuel the expansion of the aluminum film market in the region.

Figure 2. Global Aluminum Laminated Film Market, By Region, in 2022