Aluminum sheet and foil
COVID-19 continues to have a strong impact on the aluminum market, also influenced by global political factors and consumer behavior. But what, in particular, are the main trends in the foil and sheet market? The growing demand for ready-to-eat snacks (RTE), due to the hectic lifestyle that characterizes part of the world population, is mainly driving the aluminum market. Furthermore, the widespread adoption of AI in various sectors, such as packaging, construction, automotive, food and beverage, is further stimulating the growth of this segment. In addition to this, the increases in sales of items dedicated to personal care are driving the need for aluminum packaging capable of protecting the product from external contaminants during shipping and storage. Another important driver for the growth of this sector is the increase in demand for aluminum packaging also in the pharmaceutical sector, in the production of capsules, creams, lotions, liquids, powders and more. To all these data must be added the regulations that several countries are adopting to limit certain materials in disposable products and the increase in consumer environmental awareness: issues that will most likely fuel the foil and sheet sector in the coming years.
As a result of all of this, according to the latest report from the IMARC Group, titled Aluminum Market Size: Global Industry Trends, Share, Growth, Opportunities and Forecasts 2022-2027, the Global Aluminum Market is expected to show a CAGR of 5.66% in the period 2022-2027.
Where to buy aluminum sheets?
Analyzing these data it seems clear that for buyers in the sector it will be increasingly important to identify a trusted supplier who can sell aluminum sheets and plates. Laminazione Sottile, specialized for almost 100 years in the transformation of this material, produces aluminum sheets of different thicknesses, also available with multiple surface treatments thanks to the work of the subsidiaries.