Alufoil sector continues to grow
Signs of buoyancy continue for the European aluminium foil sector with a rise in production of 1.3 % to 214.4kt for Q1 2011 compared with the same period in 2010.
Thicker alufoil gauges, used mainly for the manufacture of semi-rigid foil trays and technical applications rose by 6%, while thinner gauges used mainly in flexible packaging and household foil fell slightly by -0.7%. Exports outside the EAFA region remained stable.
On the back of an overall growth of 10.6% to 850.3kt for 2010 Stefan Glimm, EAFA’s Executive Director, remains confident of a successful 2011 through the sector’s successful positioning of Alufoil as a sustainable and cost-effective packaging option.
“Expectations are positive for the rest of 2011 with a number of events providing the aluminium foil sector with the opportunity to show off its packaging and industrial prowess.”