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Metal Packaging Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : April, 2018 REP-ID-511 Category: Packaging

Metal Packaging Market Overview

Metal packaging is used in both commercial and industrial product packaging. Further, aluminum and steel metals are used as a material in metal packaging process due to their light weight properties. Metal packaging available in many shapes, colors and cans to meet modern life styles. Additionally, metal packaging can be recycled again and again for future uses without losing its quality.  

Market Size and Forecast

Global metal packaging market is anticipated to expand at a compound annual growth rate (CAGR) of 4.8% over the forecast period i.e. 2017-2024. The global market of metal packaging stood at revenue of USD 121.2 Billion in 2015. Further, global metal packaging market is expected to reach at revenue of USD 152.9 Billion by the end of forecast period. Factors such as rising demand for nutrient retaining packaging solution in food & beverage sector and abilities of metal packaging to be recycled again and again are anticipated to bolster the growth of global market of metal packaging during the forecast period.

metal packaging market

Further, global metal packaging market is segmented into packaging type, material, application and region. Further, packaging type segmented into cans, jars, containers, barrels, foils, caps & closures, drums and others. Likely, containers segment is expected to witness high demand from food and beverage industries during the forecast period.

Regionally, global metal packaging market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America is dominating the global market of metal packaging and was accounted for the largest share of global metal packaging market in recent years. High consumption of canned vegetables & foods and growing demand for aerosol packaged products are some major factors which are envisioned to escalate the growth of metal packaging market in North America region.

Further, Europe is the second leading market of metal packaging and is anticipated to grow at a remarkable pace during the forecast period. Factors such as rising consumer’s preference for metal packaged products and growing metal recycling are likely to foster the growth of Europe metal packaging market during the forecast period.

In addition to this, massive population, growing disposable income of the consumers and urbanization are some of the major factors which are expected to fuel the demand for metal packaged products in Asia Pacific region during the forecast period.

Market Segmentation

Our in-depth analysis has segmented global metal packaging market into the following segments:

By Packaging Type

  • Aerosols
  • Beverage Cans
  • Containers
  • Barrels
  • Drums
  • Foils
  • Caps & Closures
  • Others

By End Use Industries

  • Food & Beverages Industry
  • Healthcare Industry
  • Consumer Goods Industries
  • Others

By Material

  • Steel
  • Aluminum
  • Others

By Regions

Global metal packaging market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Turkey, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (GCC, Israel, North Africa, South Africa & Rest of Middle East) Market Size and Y-O-Y Growth Analysis

metal packaging market share

Growth Drivers & Challenges

Global metal packaging market is primarily driven by growing consumer’s preferences for packaged food and growing awareness towards nutrient retaining packaging across the world. Further, metal packaging market is anticipated to grow during the forecast period owing to high consumption of can packaged food products.

Furthermore, growing urbanization in emerging countries and increasing disposable income of the consumers are some major factors which are likely to drive the growth of global market during the forecast period. The demand for metal packaging in beverage industries is increasing due to high demand for alcoholic drinks, cold drinks and other beverage. Further, this rise in demand for metal packaging in beverage industries are anticipated to drive the global market of metal packaging in near future.

Additionally, rising prevalence of metal packaging in pharmaceutical and cosmetics industries is likely to fuel growth of metal packaging market. Further, rising popularity of retail ready packaging in end use industries is believed to drive the global market at remarkable pace during the forecast period.

However, availability of alternate packaging systems including bio-plastic is a major factor which is expected to hamper the growth of global metal packaging market in near future. Apart from this, growing concern towards effect of steel packaging over environment is also a major factor which is likely to restrain the growth of global metal packaging market.

Key Players

  • Amcor Ltd.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Anheuser Busch Companies Inc.
  • Metal Container Corp.
  • Ardagh Group
  • BALL Corp.
  • Bway Corp.
  • Crown Holdings Inc.
  • Greif Inc.
  • Silgan Holdings
  • Metal Packaging Europe

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global metal packaging market is segmented as follows:

  • By Packaging Type Market Size & Y-O-Y Growth Analysis
  • By End Use Industries Market Size & Y-O-Y Growth Analysis
  • By Material Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

Key Answers

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