Global procurement intelligence advisory firm, SpendEdge, has announced the release of their 'Aluminum Foil Packaging Market Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the packaging and labeling industry. This report breaks down the data and analysis behind the procurement of aluminum foil packaging and acts as an all-inclusive guide for making smart purchasing decisions.
This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180106005001/en/
Global Aluminum Foil Packaging Procurement Market Intelligence Report (Graphic: Business Wire)
"The high demand for flexible and lightweight packaging materials with superior barrier properties is expected to fuel the growth of the global aluminum foil packaging market," says SpendEdge procurement analyst Bhuvaneshwari Udayakumar. "The use of recycled aluminum foil over virgin aluminum is likely to have a positive impact on raw material and selling prices as manufacturers are expected to pass on the cost savings to buyers," added Bhuvaneshwari.
Looking for more insights from this report? Request a free sample report
SpendEdge sample reports are free of charge and provide insights that focus on cost-saving aspects of procurement and optimization of category spend.
Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Aluminum Foil Packaging Market:
- The increasing use of aluminum foil for composite packaging
- Advent of printed aluminum foil for enhanced branding
- The use of finite element method analysis to enhance quality
This report is available at USD 1000 discount for a limited time only: View the report snapshot before purchasing
The increasing use of aluminum foil for composite packaging:
Aluminum foil is increasingly being used with materials such as flexible laminates and paper, to form a composite packaging material. The use of flexible laminates prevents the breakage of aluminum foil while paper provides the robustness to the packaging material. Moreover, the composite packaging material enhances the properties of the packaging material to suit the requirement, and it also reduces the ill effects of using aluminum in direct contact with food items.
The advent of printed aluminum foil for enhanced branding:
Suppliers in the aluminum foil packaging market have come up with printed aluminum foil as it serves as a branding component for buyers and it also enhances the product appeal for buyers. Also, several printing options including the use of high-quality aluminum lithography plates are available for aluminum foil both in a flexible and rigid form. This increases the opportunities for brand marketing which is often exploited by top consumer products brands.
The use of finite element method analysis to enhance quality:
Finite element analysis is a mathematical model used to solve engineering and mathematical physics problems, which breaks down a critical problem into smaller elements and arrives at an approximated solution. It is carried out on aluminum foil for structural analysis and heat transfer analysis. Moreover, the use of finite element analysis helps in reducing the aluminum quantity used to create foil while improving the structural and barrier properties.
Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.
We also customize reports to meet clients' requirements.
Browse Related Reports:
- Global Paper and Paperboard Packaging Category Procurement Market Intelligence Report
- Global Corrugated Packaging Category Procurement Market Intelligence Report
- Global Industrial Packaging Category Procurement Market Intelligence Report
About SpendEdge
SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180106005001/en/
Contacts:
SpendEdge
Shilpa Balakrishnan
US: +1 (844) 746-0600
hello@spendedge.com
