Metal Packaging Market Thriving with Increasing Popularity of Packaged Food Products
Packaging is an important part of the supply chain in any manufacturing industry. Packaging industries are investing huge capitals to ensure the safety of the product in the transition from the factory to end-consumer. Using metal as a packaging material is an advantageous method to protect the product from adverse environmental conditions. Growing manufacturing activities across APAC and thriving food & beverage industry are responsible for the growth in the metal packaging market which accounted for the global market size of $130 billion as of 2018. According to the IndustryARC market research report, the metal packaging market is expected to grow at a CAGR of 2.70% during the forecast period 2019-2025.
The report is titled “
Packaging Market: By Type (Cans, Pails, Drums, Aerosol, Containers, Trays,
Closures And Lids ); Material Type (Aluminum Alloy, Steel, Tin); Coating
Material (Resins, Cross-Linking Agents, Additives, Solvents); By Application –
Forecast (2019 - 2025).” This report incorporates trends, growth drivers,
financial overview, business strategies, and recent developments in the global
metal packaging market. Furthermore, the report contains facts, figures, and statistics that provide an
accurate data about the metal packaging market along with a few challenges that
are dwarfing the market size and solutions to ameliorate the same.
Global Metal Packaging Market: Leading
Considering applications, the beverage segment in food and beverage industry is the most lucrative sector for metal packaging market growth. As per the report, the application segment is expected to increase at a CAGR of 3.40% through the forecast period 2019 to 2025. "The growing popularity of canned juices and other beverages is the primary reason behind the prosperity of the segment," says the analyst of the report.
By region, North America is the leading geography in global metal packaging market, grabbing 34% of the total market share in 2018. The growth is exponential in the region owing to a large number of packaged food industries established in the continent with high adaptability to innovations.
Global Metal Packaging Market Industry
pharmaceutical industry is a significant consumer of metal packaging materials.
Ointment tubes, tablet wrappers, and metal sterilizers are few of the most
common metal packaging end products of the healthcare industry. According to
the Population Reference Bureau, the world population is proposed to surpass
the mark of 9 billion by 2050. Opportunities in the healthcare industry are anticipated
to grow with the increasing population which will further intimate profits for metal
Consumer Electronics: Consumer
electronics is one of those sectors which is aggregated to achieve continuous
profits with technical advancements and the industry is making strides worldwide. Products
such as laptops, computers, cables, and other consumer electronic items often
use metal for packaging purposes, considering the fragile nature of products.
Global Metal Packaging Market Trends
Recyclable metal: The
Decorative Packing: Decorative
packaging and labelling are the most effective packaging techniques used to
attract consumers. Appealing aesthetic marking of the product’s manufacturing
details has been actionably remarkable in increasing the sales of particular
products and in turn increased the substantial profits in the global metal
Global Metal Packaging Market: Competitive
Some of the key players mentioned in the report that are currently leading the metal packaging market are Amcor Limited, Ardagh Group S.A., Alcoa Corporation, CPMC Holdings Limited, Manaksia, Tata Steel Limited, Crown Holdings, Rexam plc, Greif, Inc. and Toyo Seikan Group Holdings, Ltd.
Talk to one of our sales representative about the full
report by providing your details in the link below:
can you expect from the report?
The global metal packaging market is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
Does IndustryARC provide customized reports and charge additionally for limited
Yes, we can customize the report by extracting data from our database of
reports and annual subscription databases. We can provide the following free
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
Any other custom requirements can be discussed with our team, drop an e-mail to email@example.com to discuss more about our consulting services.
To request for a
proposal, provide your details in the below link:
Email 2: firstname.lastname@example.org
Sales: +1-614-588-8538 (Ext-101)
IndustryARC is a Research and Consulting Firm that publishes more than 500
reports annually, in various industries such as Agriculture, Automotive,
Automation & Instrumentation, Chemicals and Materials, Energy and Power,
Electronics, Food and Beverages, Information Technology, and Life sciences and