Global Aluminum Coated Paperboard Market: Overview

Barrier coatings are generating new applications for paperboard by avoiding limitations such as less life, low sustainability in high temperature and low water-resistant. Plastic and aluminum coated paperboards are available in the market. The different barrier coatings are adding significant properties in paperboard such as airtightness, humidity control, light protection, sealing properties, oxygen permeability, aroma barrier, peelability, heat resistance, and grease-proofing. Aluminum coated paperboard is growing in demand due to imposed ban on the single-use plastic for food and another packaging. The plastic packaging, with its great properties to store and secure products, is used extensively by the end-users. Nowadays, the single-use plastic is minimizing its application due to rising environmental concerns and the government’s steps to use biodegradable packaging. This declination in the single-use plastic demand is expected to offer a lucrative opportunity to aluminum coated paperboard market. From small food containers to large shipping boxes, the aluminum coated paperboard demand is increasing due to its ease in manufacturing, low cost, and sustainability. The aluminum coated paperboard is also known as aluminum foil-lined cardboard.

Global Aluminum Coated Paperboard Market: Dynamics

Food packaging is expected to boost the demand for aluminum coated paperboard

The rising foodservice industry is creating a lucrative opportunity for sustainable packaging products. Due to the ability to maintain the food temperature for a longer time, the aluminum coated paperboard is highly preferred for the food containers. The popularity of aluminum coated paperboard for takeout food is increasing in developed countries. Giant food chains are opting aluminum coated paperboard containers for takeaway foods. The aluminum coated paperboard containers are offering ample space for branding and printing information. The manufacturers are also looking forward to introduce aluminum coated paperboard with BPA-free and toxic-free food-grade containers by considering rising demand.

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Luxury and premium packaging is increasing the aluminum coated paperboard market

The rising premiumization in apparel, jewelry, and cosmetics industry is intensifying the need for suitable packaging products. Some of the manufacturers are designing the paperboard packaging with aesthetics as well as the durable coating material. The aluminum coated paperboard cartons and bespoke packaging are gaining momentum in the luxury products packaging market. The ability of fine printing, laminating and stamping on the packaging is attracting leading luxury goods manufacturers toward aluminum coated paperboard. Moreover, the aluminum coated paperboard is expected to increase in demand for packaging applications such as electronic, electrical products, consumer goods, food products.

Global Aluminum Coated Paperboard Market: Geographical Outlook

East Asia is expected as the leading aluminum coated paperboard market followed by Europe, South Asia, and North America. China and India are expected to be the leading manufacturers of aluminum coated paperboard in the foreseeable future. North America and Europe are an early adopter of aluminum coated paperboard and are expected to witness a sluggish demand as compared to the south Asia and East Asia regions. Latin America and Middle East & Africa are expected to witness impressive growth in the near future due to rapid urbanization and rising foodservice industry. Leading manufacturers of aluminum coated paperboard are taking actions to establish and expand their businesses in China, India, and ASEAN countries.

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Global Aluminum Coated Paperboard Market: Segmentation

The global aluminum coated paperboard market has been segmented into application and end-use.

On the basis of application, the global aluminum coated paperboard market has been segmented into:

  • Cartons
  • Trays
  • Cardboards
  • Lids
  • Others

On the basis of end use, the global aluminum coated paperboard market has been segmented into:

  • Foodservices
  • Food & beverages
  • Consumer products
  • Electronics & Electricals
  • Others

Global Aluminum Coated Paperboard Market: Key Players

Some of the key players operating in the global aluminum coated paperboard market are Sierra Coating Technologies LLC, Handi-foil Corporation, Stora Enso Oyj, Cheever Specialty Paper & Film, and Hangzhou Sinosea Paper Co., Ltd., and others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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