The UK market for Aluminium Foil with a thickness of 0.2 mm or less showed fluctuating value trends over the past decade, standing at €535.84 million in 2023. Year-on-year variation saw a couple of peaks with 9.96% in 2017 and 8% in 2021, but also downturns like -8.27% in 2016 and -4.13% in 2020. The CAGR over the last five years settled at 0.22%, indicating a relatively stagnant growth phase. The UK market showed resilience in 2023 despite uncertainties, maintaining a slight increase in value.
Future trends to monitor include:
- The impact of sustainability dynamics, driving demand for less wasteful packaging solutions.
- Shifts towards lightweight and durable packaging solutions in consumer goods sectors.
- Potential regulatory changes impacting the production or usage of aluminium foil.
How does the United Kingdom rank in Aluminium Foil, of a Thickness Inferior or Equal to 0,2 Mm Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,127,400,000 | 2023 | -0.36% | +0.18% | View data |
| 2 | 2 Poland | 544,130,000 | 2023 | +3.88% | +5.16% | View data |
| 3 | 3 United Kingdom | 535,840,000 | 2023 | +0.56% | +0.22% | |
| 4 | 4 France | 314,960,000 | 2023 | -1.22% | -2.76% | View data |
| 5 | 5 Greece | 172,700,000 | 2023 | -0.68% | -0.0029% | View data |
