The Global Metal Packaging Market Is Expected To Reach $153 Billion By 2022 From $122 Billion In 2015 With A Cagr Of 3.3% From 2016 To 2022. Metal Packaging Is Universally Recognized For Its Versatility And Environmental Credentials. It Can Be Recycled Without Any Loss To Quality. The Two Commonly Used Rigid Metals Are Aluminum And Steel, Which Find Their Applications In Retails, Wholesale, Commercial, And Industrial Sectors, Whereas Its Recyclability Contributes Toward Saving Resources And Improve Circular Economy.
The Global Metal Packaging Market Is Projected To Witness Significant Growth During The Forecast Period Owing To Increase In Consumer Health Awareness And Environmental Measures For Metal Wastages Such As Anti-Dumping In Europe. In Addition, Rapid Growth In Industrialization, Changes In Lifestyle, And Rise In Demand For Processed Canned Food Are Anticipated To Fuel The Growth Of Metal Packaging In Industrial And Commercial Sectors. In Addition, The Benefits Of Convenient Packaging Have Increased The Demand For Metal Packaging In Food & Beverage Sector.
Growth In Population Has Globally Triggered The Demand For Food. The Demand For Convenient Packaged Items Has Increased, Which Fueled The Demand For Metal Cans In Perishable Food Product Packaging. Moreover, Increase In Global Consumption Of Beverages Has Increased The Demand For Aluminum Cans In Beverage Manufacturing Industries. Furthermore, Rise In Innovative Design And Technologies For Youth-Centric Product Packaging Is Projected To Provide Potential Growth Opportunities In The Market.
Europe Has Gained Major Traction In Metal Packaging Market Owing To Governmental Initiative Campaigns, Whereas In North America, The Market Holds Substantial Growth Opportunities Due To Emergence Of New Can Manufacturing Companies. Furthermore, Asia-Pacific Projected To Show High Growth Rate Owing To Rise In Urbanization During The Forecast Period, Thus Creating Lucrative Opportunities For Market Growth. However, Pronounced Environmental Concerns Followed By Increase In Demand For Plastic Packaging Such As High-Density Polyethylene (Hdpe) And Polyethylene Terephthalate (Pet) Bottles Have Hindered The Market Growth. Advancements In Technologies Such As Self-Chilled Cans And Lightweight Packaging Have Created More Integrated Approach To Design. In Addition, E-Commerce And Sophisticated Branding Techniques Are Expected To Supplement The Market Growth. For Instance, In 2016, Joseph International Inc., Based In Irvine, Announced The Setup Of Chill-Can Plant In Youngstown, Ohio.
Top Players In Metal Packaging Market Include
Amcor Ltd.
Ardagh Group
Alcoa Incorporated
Cpmc Holdings Ltd.
Manaksia Group
Emballator Metal Group
Crown Holdings
Silgam Holdings
Rexam Plc.
Tata Steel
Key Benefits For Stakeholders
This Report Entails The Detailed Quantitative Analysis Of Current Market And Estimations From 2014 To 2022 That Assist To Identify The Prevailing Market Opportunities To Capitalize On The Global Metal Packaging Market.
In-Depth Coverage Of The Market Including Drivers, Restraints, And Opportunities Helps Professionals To Better Understand The Market Behavior.
Detailed Study Of The Strategies Of Key Leaders, Partnerships, And Acquisitions In The Market Is Provided.
Porter's Five Forces Analysis Examines The Competitive Structure Of The Market And Assists Strategists In Better Decision-Making.
Pinpoint Analysis Of Geographical Segments Helps To Identify Opportunities For Growth Within The Market.
Metal Packaging Market Key Segments
By Material
Steel
Aluminum
Others
By Product Type
Cans
Caps & Closures
Drums & Barrels
Others
By End User
Food
Beverages
Personal Care
Healthcare
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Uk
Germany
France
Spain
Italy
Rest Of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest Of Asia-Pacific
Lamea
Brazil
Saudi Arabia
South Africa
Rest Of Lamea
Other Prominent Market Players Are
Can Pack S.A.
Empac European Metal Packaging
Traxim
Drafil
Timeless Tins Ltd.
Ball Corporation
Sonocco Products Company
Silgam Holdings
Anheuser-Busch Companies Inc.
Reynolds Group Holdings
(The Above Companies Are Not Profiled But Can Be Done On Client's Request)