The global aluminium foil packaging market is set for steady growth over the next five years, driven by rising demand from the food, beverage, and pharmaceutical sectors, according to a new report by MarketsandMarkets.

The market is forecast to expand from USD 15.49 billion in 2025 to USD 19.21 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.39%. Growth is being fuelled by the rapid expansion of e-commerce, increasing consumption of packaged foods, and a global shift toward sustainable and recyclable packaging solutions.

Food packaging remains the largest application segment, accounting for 43% of the market, as aluminium foil continues to be widely used for its superior barrier properties against moisture, light, and oxygen. Rolled foil dominates by type, holding around half of the total market share, while bags and pouches lead by product category. 

Flexible aluminium foil packaging is also gaining momentum and is expected to record the fastest growth among packaging types due to its material efficiency, lightweight nature, and cost advantages.

Pharmaceutical packaging is projected to be the fastest-growing end-use segment during the forecast period. Stricter regulatory requirements, increased global healthcare demand, and the expanding production of generic medicines are driving higher adoption of aluminium foil in blister packs and strip packaging to protect drug quality and efficacy.

Regionally, Asia Pacific is expected to lead market growth with a CAGR of 4.96%, supported by strong manufacturing activity and rising consumption of packaged goods. The Middle East and Africa is forecast to register the second-fastest growth, underpinned by population growth, urbanisation, increased pharmaceutical production, and rising demand for high-barrier packaging suited to hot and humid climates.

Major industry players identified in the report include RusAL, Hindalco Industries, China Hongqiao Group, Hulamin, and Amcor, while several small and medium-sized companies are emerging as niche leaders through specialised foil packaging solutions.