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PACKAGING

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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Extensive insights into the Growth of Cold Form Foil Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         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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