Analysis of the foil market in India
The relevance of research
The object of this study is foil. The most common type is aluminum foil, which today is extremely in demand in trade, everyday life and industry.
Purpose of the study
Analysis of the state of the foil market, assessment of the market volume, analysis of competitors, as well as identification of factors affecting the foil market.
Content
Part 1. Overview of the Indian foil market
1.1. Main characteristics of the market
1.2. Dynamics of the foil market volume in 2012-2017 Market volume
1.3. Assessment of factors affecting the market
1.4. Foil Market Life Cycle Stage
1.5. Competition from substitute products
Part 2. Competitive analysis in the foil market
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of foil production
3.1. Volume and dynamics of domestic foil production
3.2. Share of exports in foil production
3.3. Segmentation of foil production by regions
3.3.1. Production by Union Territories
3.3.2. Production by states of India
Part 4. Analysis of foreign trade deliveries of foil
4.1. Volume and dynamics of foil imports
4.2. Import structure
4.3. Volume and dynamics of foil exports
4.4. Export structure
Part 5. Foil Consumption Analysis
5.1. Foil Consumption Volume Dynamics
5.2. Analysis of the results of tenders for the purchase of foil
Part 6. Price Analysis
6.1. Average Producer Prices by Union Territories
6.2. Average consumer prices by states in India
Part 7. Assessment of factors of investment attractiveness of the market
Part 8. Forecast for the development of the foil market until 2021
Part 9. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian foil market
1.1.Main characteristics of the market
The object of this study is foil. The most common type is aluminum foil, which today is extremely in demand in trade, everyday life and industry.
Its production is a rather complicated process both in terms of technology and equipment. Aluminum and its various alloys are repeatedly cold rolled sequentially through special steel shafts, the gap between which gradually decreases at each stage. Foil thickness ranges from 6 microns to 0,2 mm. Modern production of foil makes it possible to obtain it quite thin, but this reduces the resistance to mechanical stress. To make it more durable, manufacturers glue the foil with other materials: polymer films, paper, cardboard, hot melt adhesive. This makes the packaging stronger, and also allows printed text and various images to be applied to it.
Diagram 1. The ratio of imported and domestic products in the Indian foil market, %
1.2. Dynamics of the foil market volume in 2012-2017 Market volume
Consider the dynamics of the volume and capacity of the foil market in India.
During 2012-2017 The dynamics of the Indian aluminum foil market in value terms was positive, except for 2013. Thus, in 2013 there was a decline by …% compared to 2012, which was caused by a slight decrease in imports. In 2014-2015 market … at double-digit rates, … by 2015 by … times compared to 2013. This fact is primarily explained by …
In 2016, the growth rate … up to …%, in 2017 – up to …%, which indicates the stabilization of the market situation. Thus, in 2017 the volume of the Indian aluminum foil market is … billion Rs.
...
Diagram 2. Dynamics of the volume of the Indian foil market in 2012-2017, billion Rs.
In physical terms, in 2017 the volume of the foil market in India amounted to … thousand tons, which is by …% … the level in 2016 (… thousand tons).
According to the estimates of GidMarket analysts, the potential capacity of the aluminum foil market in India is …% of the current volume of consumption.
According to GidMarket, during 2012-2017. The main territories for receipt of proceeds from the sale of foil were … Union Territories and … Union Territories. Together, they accounted for at least …% of the total revenue.
Diagram 3. Revenue (net) from the sale of foil by union territories for 2012-2017, %
1.3. Assessment of factors affecting the market
Consider the main factors affecting the Indian aluminum foil market and, accordingly, demand. …
Economic
Data on the dynamics of GDP is a macroeconomic indicator that reflects the market value of all final goods and services (that is, intended for direct consumption) produced per year in all sectors of the economy on the territory of the state for consumption, export and accumulation.
For the period 2012-2014 there was a decrease in the annual GDP growth rate, and by the end of 2015 and 2016, the GDP dynamics moved into the negative zone. On the whole, the decline in GDP is a very serious symptom; against its background, a slowdown in a significant part of business processes in the country is predicted. In general, in 2016, the negative dynamics of GDP persists, however, the rate of decline relative to 2015 has somewhat slowed down. Thus, the economic crisis has negatively affected the Indian foil market.
GDP growth of 1,5% in 2017 indicated the recovery of the economy and its further development, which had a positive impact on the aluminum foil market.
Diagram 4. Dynamics of India's GDP, in % to the previous year
Part 2. Competitive analysis in the foil market
2.1. Major players in the market
A major manufacturer of aluminum foil in India is currently the company ...
2.2. Market shares of the largest competitors
According to GidMarket, following the results of 2017, the leader in the Indian aluminum foil market was the company “…”, which together holds a share of …%.
...
Chart 8. Shares of leading competitors in the Indian foil market in 2017
2.3. Profiles of major players
...
Part 3. Analysis of foil production
3.1. Volume and dynamics of domestic foil production
During 2012-2017 the volume of foil production in India is characterized by multidirectional dynamics. Thus, in 2012, … thousand tons were produced, a year later, in 2013, the volume of output increased by …% - up to … thousand tons. In 2014, the growth slowed down to …%, and the volume amounted to … thousand tons
Diagram 9. Dynamics of foil production volumes in India for 2012-2017, thousand tons
The total revenue of the TOP 3 largest foil manufacturers in India is characterized by … dynamics during 2012-2016, except for …
Diagram 10. Dynamics of the total revenue of the largest producers (TOP-3) of foil in India, 2012-2016, billion Rs.
In the structure of the total revenue of the TOP-3 largest foil manufacturers in India for the period 2012-2016.
3.3. Segmentation of foil production by regions
3.3.1. Production by Union Territories
According to GidMarket estimates, in 2017, more than half of the aluminum foil production in India came from … Union Territories (56,2%). The second significant region was ... Union Territories with a share of 33,3%, in third place - ... Union Territories (5,9%). The share of other Union Territories amounted to …%.
The most rapidly growing territory in 2017 compared to 2016 was the Urals Union Territories, the growth rate was …%. This fact is explained by the commissioning of capacities at JSC “…”.
...
3.3.2. Production by states of India
According to GidMarket, in 2017, the main volume of aluminum foil production fell on two states – … (56,2%) and … region. (33,3%). Share ... reg. amounted to …%, other regions – …%.
Diagram 13. Foil production by states of India in 2017, %
Part 4. Analysis of foreign trade deliveries of foil
4.1. Volume and dynamics of foil imports
According to the data of the Federal Customs Service, the import of aluminum foil to India in 2012 in physical terms amounted to … thousand tons. In 2013, the volume of imported products … by …% and reached the value of … thousand tons. In 2014, … was observed, the dynamics was …%, and the volume of imports was … thousand tons. But already in 2015, the trend is … , foil imports in India … by …% to the level of … thousand tons. This fact is explained by the devaluation of the Indian rupee and, as a result, the rise in the cost of foreign-made products. In 2016, the import of products …, the growth rate amounted to …%, and the volume – … thousand tons. Domestic producers seized the initiative and prevented importers from gaining a foothold on the market again. At the end of 2017, … began to grow again - already by …% compared to 2016, and the volume of imported foil amounted to … thousand tons.
Diagram 14. Volume and dynamics of foil imports in physical terms, thousand tons
Imports of foil in India in monetary terms are characterized by a similar direction of dynamics, as in physical terms. In 2013, the rates of … amounted to …%, in 2014 there was an increase of ..%. In 2015, there was … import by …%., in 2016 – by …%. At the end of 2017, the import of foil in India in terms of money started … – already by …% compared to 2016, and the volume amounted to … mln USD.
Diagram 15. Volume and dynamics of foil imports in monetary terms, mln USD
...
4.2. Import structure
4.3. Volume and dynamics of foil exports
According to the data of the Federal Customs Service, the export of aluminum foil from India in 2012 in kind amounted to … thousand tons. In 2013, the volume of imported products … by … % and reached the value of … thousand tons. In 2014-2016, … production was observed, the rates … amounted to …% in 2014, 22,8% - in 2015, …% - in 2016. This fact is explained by high competition in export markets from the world leader – …. But already in 2017, the trend reversed, the export of aluminum foil from India … by …% to the level of … thousand tons.
Diagram 16. Dynamics of foil exports in physical terms, thousand tons
The export of foil from India in monetary terms is characterized by a similar direction of dynamics, as in physical terms. In 2013, the growth rate amounted to …%. In 2014-2016 In 2014, there was a decline in exports; …% compared to 0, and the volume amounted to … mln USD.
...
Diagram 17. Dynamics of foil export in monetary terms, mln USD
During 2012-2017 The foreign trade balance for aluminum foil in India is characterized by minor deviations, which indicates approximately equal volumes of deliveries in export-import directions. This fact is explained by the fact that different types of aluminum foil are imported and exported from India (smooth, for finishing, household, etc.).
Diagram 18. Balance of exports and imports in the Indian foil market in 2012-2017, thousand tons
4.4. Export structure
In 2016-2017 The main country where aluminum foil was exported from India was … . The share of deliveries to this country increased from …% in 2016 to …% in 2017. Also, …, … and … are notable recipient countries of Indian foil.
...
Part 5. Foil Consumption Analysis
5.1. Foil Consumption Volume Dynamics
The consumption of aluminum foil in India is characterized by positive dynamics throughout 2012-2017, except for 2013. Thus, in 2013 the volume of consumption decreased by …% compared to 2012, which was primarily due to the increase in export deliveries. However, already during 2014-2016. there was a gradual increase in foil consumption in India, mainly due to a decline in exports. At the end of 2017, consumption volumes reached a record high of … thousand tons, as well as a significant increase by …% compared to 2016. This fact is associated with an increase in domestic production for the supply of foil to Indian consumers.
...
Diagram 20. Dynamics of foil consumption in India in 2012-2017, thousand tons
5.2. Analysis of the results of tenders for the purchase
For the period from 01.02.18/11.02.18/ to / / . was announced ... a tender for the purchase of aluminum foil. The total amount was … million Rs.
The average price of a placed order amounted to … thousand Rs. The main customers were state and municipal enterprises.
The cost of tenders announced during the specified period for the purchase of aluminum foil ranged from … thousand Rs. up to … thousand Rs.
Part 6. Price Analysis
6.1. Average producer prices by union territories
6.2. Average consumer prices by states in India
In this section, the consumer price refers to the wholesale price at which the company sells products to the customer.
Part 7. Assessment of factors of investment attractiveness of the market
The positive factors of the investment potential of the Indian foil market dominate over the negative ones. A comprehensive assessment of the factors of investment attractiveness is ... points, which indicates ... the investment climate.
...
Part 8. Forecast for the development of the foil market until 2022
We will analyze the market based on methods based on identifying trends over time, adjusted for expert opinion in the industry.
...
Part 9. Recommendations and conclusions
...
Diagrams
Diagram 1. The ratio of imported and domestic products in the Indian foil market, %
Diagram 2. Dynamics of the volume of the Indian foil market in 2012-2017, billion Rs.
Diagram 3. Revenue (net) from the sale of foil by union territories for 2012-2017, %
Diagram 4. Dynamics of India's GDP, in % to the previous year
Diagram 5. Dynamics of real incomes of the population of India
Diagram 6. Average nominal exchange rate of Rs. to USD
Diagram 7. Dynamics of the population of India, million people
Chart 8. Shares of leading competitors in the Indian foil market in 2017
Diagram 9. Dynamics of foil production volumes in India for 2012-2017, thousand tons
Diagram 10. Dynamics of the total revenue of the largest producers (TOP-3) of foil in India, 2012-2016, billion Rs.
Diagram 11. Shares of companies in the total revenue of the largest producers (TOP-3) of foil in India, 2012-2016
Chart 12. Share of exports in Indian foil production for 2012-2017
Diagram 13. Foil production by states of India in 2017, %
Diagram 14. Volume and dynamics of foil imports in physical terms, thousand tons
Diagram 15. Volume and dynamics of foil imports in monetary terms, mln USD
Diagram 16. Dynamics of foil exports in physical terms, thousand tons
Diagram 17. Dynamics of foil export in monetary terms, mln USD
Diagram 18. Balance of exports and imports in the Indian foil market in 2012-2017, thousand tons
Diagram 19. The structure of foil exports from India by recipient countries in 2016-2017
Diagram 20. Dynamics of foil consumption in India in 2012-2017, thousand tons
Diagram 21. Forecast of the foil market in India in 2018-2022, thousand tons
Tables
Table 1. STEP analysis of factors affecting the foil market in India
Table 2. Main companies participating in the Indian foil market in 2017
Table 3. Total sales of TOP 3 foil manufacturers in the Indian market in 2016
Table 4. Dynamics of foil production in India by union territories, thousand tons
Table 5. Structure of foil imports by sending countries in 2016-2017
Table 6. Data on tenders for the purchase of aluminum foil announced from 01.02.18/11.03.18/ to / /
Table 7. Average prices of foil producers by union territories in 2012-2017, thousand Rs/ton
Table 8. Consumer (wholesale) prices for foil by states of India, thousand Rs./ton
Table 9. Assessment of factors of investment attractiveness of the foil market
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