Metal Packaging Market by Product Type, Material Type, Application Type and Region – Global Market Size Estimation, Industry-Wide Analysis, Competitive Landscape Assessment & Long-Term Forecast to 2030
Overview
Metal Packaging Market is expected to grow at a CAGR of 4.2% during the forecast period and is expected to reach USD 194.38 Bn by 2030.
Metal Packaging Market Overview:
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Increasing urbanization, rise in packaged food sales, increasing demand for aerosol products, rising demand for metal packaging in alcohol industry, increasing consumption of canned vegetables & foods and improved standard of living are the driving factors for metal packaging market. Pharmaceuticals and cosmetics industry are boosting the growth of the market. Increase in demand for metal-based healthcare products such ointment tubes, tablet wrappers, trays, metal sterilizers, and others are offering potential growth opportunities.
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Metal Packaging Market is segmented into product type, material type and application type. The products segment is further segmented into cans, caps & closures, barrels & drums, and others. The Cans segment is holds a xx% share of Market. Cans are valued for their convenience, protection, sustainability and portability. Caps & closure segment finds its major application in pharmaceutical, cosmetic and personal care packaging. Barrels & drums packaging are tough, reliant and economical.
Metal packaging material include steel, aluminium and others. Steel material segment is lead the Market by xx%. Aluminum packaging offers a high level of corrosion resistance, optimal protection properties by an impermeable metal barrier to light, ultra-violet rays, water vapor, oils and fats, oxygen and micro-organisms.
The Foods & beverages segment has led the market and accounted largest market share. Improved lifestyle and increased disposal income are responsible for rise in demand for packed and processed food. This has driven the market for food & beverages packaging market.
North America is estimated to hold xx% market share of the global metal packaging market due to the presence of strong food & beverage, and pharmaceutical industries. Asia Pacific is predicted to show a growth at xx% CAGR. Middle East, Eastern Europe and Africa will show a significant growth on account of consumer preference towards lightweight and easy-to-dispose packaging.
The key players operating in the Global Metal Packaging Market are Silgan Holdings, Rexam Plc, Jamestrong Packaging, Shetron Group, Ton Yi Industrial, Bericap Group, GM Material Packaging Ltd., Fujian Fuzhen Material Packaging Co. Ltd., Mcor of Limited, Ardagh Group, Alcoa Incorporated, CPMC, Manaksia Group, Emballator Material Group, Crown Holdings and Grief Incorporated.
The objective of the report is to present comprehensive analysis of Metal Packaging market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Metal Packaging market dynamics, structure by analyzing the market segments, and project the market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.
Metal Packaging Market Scope: Inquire before buying
| Metal Packaging Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | USD 145.74 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 4.2% | Market Size in 2030: | USD 194.38 Bn. |
| Segments Covered: | by Product Type | Cans Caps & Closures Barrels & Drums Others |
|
| by Material Type | Steel Aluminum Others |
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| by Application Type | Food & Beverages Healthcare Personal Care Others |
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Metal Packaging Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Key Player:
1. lcoa Incorporate
2. Amcor Limited
3. Ardagh Group
4. Ball Corporation
5. CPMC
6. Crown Holdings
7. Greif Incorporated
8. Silgan Holding
9. Rexam Plc
10. Ton Yi Industrial
11. Can Pack S.A.
12. Empac European Material Packaging
13. Traxim, Drafil, Timeless Tins Ltd.
14. Sonocco Products Company
15. Silgam Holdings
16. Anheuser-Busch Companies Inc.
17. Reynolds Group Holdings.
18. Ardagh Group
19. Alcoa Incorporated
20. Manaksia Group
21. Emballator Material Group
22. Crown Holdings
23. Grief Incorporated
24. Jamestrong Packaging
25. Shetron Group
26. Ton Yi Industrial
27. Bericap Group
28. GM Material Packaging Ltd.
29. Fujian Fuzhen Material Packaging Co. Ltd.
Frequently Asked Questions:
1. Which region has the largest share in Global Metal Packaging Market?
Ans: North America region holds the highest share in 2023.
2. What is the growth rate of Global Metal Packaging Market?
Ans: The Global Metal Packaging Market is growing at a CAGR of 4.2% during forecasting period 2024-2030.
3. What is scope of the Global Metal Packaging market report?
Ans: Global Metal Packaging Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Metal Packaging market?
Ans: The important key players in the Global Metal Packaging Market are – lcoa Incorporate, Amcor Limited, Ardagh Group, Ball Corporation, CPMC, Crown Holdings, Greif Incorporated, Silgan Holding, Rexam Plc.
5. What is the study period of this market?
Ans: The Global Metal Packaging Market is studied from 2023 to 2030.