Pune, India -- (SBWire) -- 08/27/2019 --Global Foil Packaging Market overview:
The report of global Foil Packaging Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.
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The growing demand for Foil Packaging has provided a major boost to the Global Foil Packaging Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2019 up to 2023.
The Global Foil Packaging Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Foil Packaging Market is sub segmented into Heavy gauge foil, Medium gauge foil, Light gauge foil. Based on End Use Industry segment, the Foil Packaging Market is sub segmented into Pharmaceutical packaging, Cigarette packaging, Food packaging.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Some of the Foil Packaging Market manufacturers involved in the market are Alcoa, Hydro, Rio Tinto Group, Novelis, UACJ, RUSAL, Assan Aluminyum, Aleris, Kobelco, Lotte Aluminium, Norandal, GARMCO, Symetal, Hindalco, Aliberico Packaging, ACM Carcano, Votorantim Group, Xiashun Holdings, SNTO, Shenhuo Aluminium Foil, LOFTEN, Nanshan Light Alloy, Zhenjiang Dingsheng Aluminum, CHINALCO, Kunshan Aluminium, Henan Zhongfu Industrial, Huaxi Aluminum, Northeast Light Alloy, Haoxin Aluminum Foil, Zhejiang Zhongjin Aluminium, Acquisitions and effective mergers are some of the strategies adopted by the Foil Packaging Market manufacturers. New product launches and continuous technological innovations are the Foil Packaging Market strategies adopted by the major players.
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Latest Industry Updates:
Alcoa Corporation:- A global leader in bauxite, alumina, and aluminum products, today announced the completion of a transaction with private equity investment firm PARTER Capital Group AG, based in Schindellegi, Switzerland, for that firm to acquire Alcoa's Spanish subsidiaries that own and operate the Avilés and La Coruña aluminum plants in Spain. The acquisition, effective immediately, includes the casthouses at both plants and the paste plant at La Coruña, which are currently in operation, and the curtailed smelters at both plants.
Under terms of the agreement, PARTER Capital Group will maintain the facilities' entire workforce (approximately 630 employees) for a minimum of two years and has proposed reindustrialization projects for both sites and a potential restart of the plants' smelting capacity. Today's transaction completes the sale of the plants in accordance with the collective dismissal agreement signed with the workers' representatives in January 2019.
"PARTER Capital Group's acquisition of the Avilés and La Coruña plants provides the workforce with continued employment and the local community with ongoing industrial activity," said Timothy Reyes, Executive Vice President and President, Aluminum. "This is the best outcome we could have expected, and we thank the central government and those of Asturias and Galicia, as well as the workers' representatives for their support through this process." "We are very delighted with this acquisition," said Dr. Rüdiger Terhorst, Managing Partner at PARTER Capital Group AG. "Together with the extraordinarily engaged teams in Avilés and La Coruña, we intend to build a positive and lasting future that includes great opportunities for the plants in renewable aluminium markets."
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Table of Contents:
Global Foil Packaging Market Report 2019
Section 1 Foil Packaging Product Definition
Section 2 Global Foil Packaging Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Foil Packaging Shipments
2.2 Global Manufacturer Foil Packaging Business Revenue
2.3 Global Foil Packaging Market Overview
Section 3 Manufacturer Foil Packaging Business Introduction
3.1 Alcoa Foil Packaging Business Introduction
3.1.1 Alcoa Foil Packaging Shipments, Price, Revenue and Gross profit 2014-2018
3.1.2 Alcoa Foil Packaging Business Distribution by Region
3.1.3 Alcoa Interview Record
3.1.4 Alcoa Foil Packaging Business Profile
3.1.5 Alcoa Foil Packaging Product Specification
3.2 Hydro Foil Packaging Business Introduction
3.2.1 Hydro Foil Packaging Shipments, Price, Revenue and Gross profit 2014-2018
3.2.2 Hydro Foil Packaging Business Distribution by Region
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Rapid Growth of Foil Packaging Market Is Estimated to Grow High CAGR Till 2023