Aluminum Barrier Laminate Market

Aluminum Barrier Laminate Market Size (2023-2028)

Aluminum Barrier Laminate (ABL) market is determined to increase in the forecast period of 2023 to 2028, with a compound annual rate of 3.5%, and will reach US $ 952.7 million by 2028 from US $ 600.9 million in 2022.

The global market for aluminum barrier laminates is expected to grow steadily in the coming years. Aluminum barrier laminated tubes are hollow cylindrical plastic parts with an aluminum layer. One end of the tube is sealed and the other end consists of a hole to dispense the fluid. The holes are shaped in many shapes and sizes, including round, and nozzle-shaped, among others, according to requirements. This hole can be closed by different types of covers, in particular vertical covers, closures, and nozzles. Aluminum barrier laminated tubes are widely used by cosmetics, pharmaceutical, and food manufacturers, among others, to package many viscous fluids, such as paint, toothpaste, caulking, adhesive, and ointments, among others. Aluminum foil provides protection against moisture, light, volatile chemicals, and oils.

With the considerable growth of the packaging industry worldwide, the global market for aluminum barrier laminates experienced a strong increase in its valuation and its size. Aluminum barrier laminates are mainly used for the packaging of various consumer products, such as high-end toothpaste, antiseptics, oils, and adhesives, worldwide. These tubes are also suitable for food products. As the demand for high-end consumer goods increases significantly, the aluminum barrier laminates market is expected to experience significant growth globally in the coming years.

Aluminum Barrier Laminate Market Drivers and Restraints:

Increased Internet access and penetration, particularly in emerging economies, has resulted in market expansion and offers manufacturers of aluminum barrier laminates enormous potential to grow their businesses by exploiting unexplored markets. The market for aluminum barrier laminates is expected to continue to grow due to the demand for small packaging solutions in the cosmetics and personal care industries. Aluminum Barrier Laminates are durable and easy-to-use packaging solutions that are produced in different sizes. The market should experience the strength of sachets that are readily available in small sizes. Plastic has been used mainly by the packaging industry due to its properties and versatility. However, negative environmental effects have hampered the widespread acceptance of plastic for packaging. The growing awareness of the negative effects has led to the adoption of aluminum-based lamination. In addition, stringent regulations to regulate plastic processing and production are expected to increase demand for aluminum barrier laminates for packaging in end-user industries such as pharmaceuticals and oral care. Aluminum barrier laminate is packaging that is commonly used for toothpaste. ABL Tubes combines an economical solution with high-quality printing options. It is also used to make packaging tubes containing products such as liniment creams, essential oils, antiseptics, and adhesives. ABL tubes are also available with the Tamper Proof Security Seal (TESS) that protects the tube opening from exposure before use on the market. A tube should offer a proven protective packaging solution. The market for aluminum barrier laminates is expected to experience healthy growth due to the growing consumer preference for sustainable, safe, and practical packaging solutions worldwide. Furthermore, the growing need for hygiene, especially in the pharmaceutical field, requires the use of these tubes.

ALUMINUM BARRIER LAMINATE MARKET REPORT COVERAGE:

Aluminum Barrier Laminate Market Segmentation:

By Type:

•  Less than 50 ml

• 50 to 100 ml

• 101 to 150 ml

• above 150 ml

In these, the most significant segment in this industry is the 50 to 100 ml which is probable to remain on the top in the next few years.

By Application:

• Cosmetic
• Oral Care
• Commercial
• Pharmaceuticals
• Home use
•  Other Personal Care

On the basis of application, Cosmetics is the most prominent sector in the global aluminum barrier laminates industry.

Aluminum Barrier Laminate Regional Analysis:

• North America Aluminum Barrier Laminate Industry includes the U.S. and Canada.
• Europe Aluminum Barrier Laminate Industry includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe.
• Asia Pacific Aluminum Barrier Laminate Industry includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC.
• Latin America Aluminum Barrier Laminate Industry includes Brazil, Mexico, Argentina, Chile & Rest of LATAM.
• The Middle East & Africa Aluminum Barrier Laminate Industry includes KSA, UAE, Israel, the rest of the GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA.

At the regional level, the European region should occupy the dominant position in the worldwide aluminum barrier laminates market. The dominance is attributed to consumer demand for hair and skin care products, such as anti-aging creams, shampoos, and conditioners. High investments in cosmetics and toiletries, the demand for beauty products, and different packaging strategies offer growth opportunities in the region. Consumers prefer lightweight, durable, and portable products like perfumes and cosmetics, and increased focus on health, brands, and retailers are some of the main factors driving the growth of ABL's regional market. On the other hand, emerging economies such as China and Japan offer a great opportunity to key players operating in the market due to growth in disposable income and a change in lifestyle. The increased demand for cosmetics, oral care, and pharmaceuticals has a direct impact on the market. The rapid expansion of end-user industries is supposed to increase the acceptance of packaging lamination to gain competitive advantages

Recent Developments and Trends

Berry Plastics Group, Inc. is proud to announce that three of its products recently received awards of excellence from the Flexible Packaging Association Achievement at the Association's annual ceremony. Thanks to recent capital investments in advanced extrusion, high-speed quick-change flexo presses, and triplex lamination assets, we are able to provide technologically unique films with superior graphics.

Key Players In Aluminum Barrier Laminate Market

1. Huhtamaki Oyj 

2. Montebello Packaging Inc. 

3. Linhardt GmbH & Co KG 

4. Hoffmann Neopac Ag 

5. The Berry Global Group, Inc. 

6. Amcor Limited 

7. CCL Industries 

8. Albea Group 

9. Global Packaging Inc.