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Cold Form Foil Market - Market Overview, Market Size and forecast, Market Segmentation: By Technology (Thermoforming, Cold forming), By Applications (Pharmaceuticals, Consumer products, Food, Industrial goods, Consumer products) By Material (Aluminum, Plastic Film) By Geography, Growth Drivers, Key Players. Global Historical Growth (2012-2016) & Future Outlook (2017-2027) Demand Analysis & Opportunity Evaluation

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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Cold Form Foil Overview

Cold form foil is a packaging solution for pharmaceutical products such as tablets & capsules and others. Extreme barrier properties of cold form foils are key reasons which is why cold form foil is witnessing great demand in numerous applications. Cold form foil, not only provides an impervious barrier to moisture, oxygen and other gasses, but also offers complete protection of the drugs, maintains the product integrity in order to show high tolerant compliance rate.

Market Size and Forecast

The global cold form foil market is expected to showcase a significant CAGR of 6.1% during the forecasted period 2018-2027. Additionally, increasing consumption of medicines and ability of cold form foil to protect medicines from water vapour, light, gases, aroma and others is intensifying the growth in the market size of global cold form foil market all across the globe.

cold form foil

Robust availability of raw material in European countries is fostering the growth of market in this region. Additionally, countries such as France, Germany, and U.K. are expected to contribute significantly in the growth of cold form foil market in Europe during the forecast period. Additionally, North America cold form foil market captured significant share of global cold form foil market in previous years. Better healthcare infrastructure and increasing medical expenditure are key factors which are driving the growth of cold form foil market in North America region. However, Asia Pacific cold form foil market is expected to rise at maximum CAGR over the forecast period i.e. 2017-2027. The market of cold form foil in Asia Pacific is expected to be driven by rapid industrialization and growing healthcare sector in countries such as India & China over the forecast period.CLICK TO DOWNLOAD FREE SAMPLE

Market Segmentation

Our in-depth analysis segmented the global cold form foil market in the following segments:

By Technology

  • Thermoforming
  • Cold forming

By Application

  • Pharmaceuticals
  • Consumer products
  • Food
  • Industrial goods
  • Consumer products

By Material

  • Aluminum
  • Plastic Film
    • PVC
    • Adhesive
    • Polyethylene (PE)
    • Rigid PVC
    • OPA

By Region

Global cold form foil market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Growth Drivers and Challenges

Growth of cold form foil market is driven by the growing demand for advanced medical products from the consumers and adoption of numerous healthcare programs in developing countries. Pharmaceutical companies are adopting cold form foil for packaging of numerous medicines on account of the presence of features such as excellent formability and high malleability. Cold form foil requires less energy for the formation process which further reduces the cost and carbon emission. Additionally, possibility of wide range of shapes and packages with cold form foil is increasing the demand for cold form foil all over the globe.

Rising demand for cost effective and high quality packaging solutions across numerous industries such as pharmaceutical industries is propelling the demand for cold form foil market. Additionally, escalating adoption of packaging solutions that are able to augment the product shelf life is envisioned to enhance the growth of market over the forecast period. Moreover, increasing use of cold form foil in numerous applications such as packaging of consumer products, food and industrial products is a key factor augmenting the growth of market over the forecast period. Furthermore, presence of stringent regulation regarding packaging and labeling of numerous products such as food and other medical products (tablets, capsules, drugs, vials, ampoules, syringes or liquid products) isalso projected encourage the growth of market over the forecast period.

Key players

  • Amcor Limited
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
  • Rollprint Packaging Products Inc.
  • Bemis Company Inc.
  • Constantia Flexibles
  • ACG Pharmapack Pvt Limited
  • Bilcare Solutions
  • Essentra PLC
  • Tekni-Plex, Inc.
  • Honeywell International Inc.
  • MSP Corporation
  • Other Key Players

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