Metal Packaging Market
Metal Packaging Market - By Material (Steel, Aluminum, Iron, Others), By Type (Barrels & Drums, Cans, Aerosol, Caps & Closures, Others), By Application (Food & Beverage, Healthcare, Personal Care, Others), & Global Region - Market Size, Trends, OpportunitRequest Sample Request Discount
Metal based packaging materials provide excellent barrier properties and hence, being used widely in numerous applications including household & industrial, food & beverage, health & beauty and more. Their safety, easier segregation and recyclability have made them one of the ideal choices in packaging applications. Metal packaging materials are capable and are impermeable, can also protects contents from light, air, gases, fragrances, oils and fluids. It’s also impacts resistant, puncture resistant and unbreakable in the supply chain. The global metal packaging and coatings market was valued at almost USD 106.2 billion in 2019. Total value is forecast to increase at 1.65% year-on-year to 2025, pushing overall value to USD 116.2 billion.
Growth Drivers – Metal Packaging Market
Growing Environmental Concerns
Industries across the globe are initiating various activities to reduce pollution and ensuring their minimum possible participation in rising pollution. Companies are strongly focusing on packaging parts to avoid use of any environment threating material such as plastic and others. Metal packaging materials such as aluminum, coated plates (tinplate, tin-free steel, polymer-coated and steels) and stainless-steel plates are known for their recyclability and thus are being used in range of industries. Governments are also implementing various regulations and norms to reduce the consumption of plastic and to promote ecofriendly packaging materials. Governments in countries like South Africa, Uganda, Somalia, Rwanda Botswana, Kenya & Ethiopia all have implemented complete ban over the usage of plastic bags and others have encouraged the use of metal packaging in these countries. Over the last decade, the packaging industry has witnessed a massive transformation, owing to the increasing demand for eco-friendly packaging. Rising consumer awareness coupled with the growing environmental concern has resulted in the transformation of the manufacturing process of the metal packaging products and their supply chain across the world. Moreover, the increasing manufactures of metal packaging with high-end user products is also fueling the growth of metal packaging market.
Trend for Packaging Waste Reduction
The waste created by non-recyclable causes various harmful effect on the environment such as landfill issues, soil pollution and loss in soil fertility. This over produced packaging waste can be reduced by using recyclable packaging methods, as recyclable packaging materials such as metal packaging degrades easily and quickly in a few days or weeks and thus, usually does not require the help of an external catalyst for degradation. These benefits of metal packaging are the key drivers for the growth of metal packaging market.
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The research offers a comprehensive analysis of metal packaging market with respect to following sub-markets:
- Barrels & Drums
- Caps & Closures
- Food & Beverage
- Personal Care
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
The report profiles various major market players such as:
- Ardagh Group S.A.
- Alcoa Corporation
- Ball Corporation
- Emballator Metal Group
- Tata Steel
- CPMC Holdings Ltd.
- Manaksia Group
- Ton Yi International
- Crown Holdings Incorporated
- Silgan Holdings
- Other Major & Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, and recent news (acquisition, expansion, technology development, research & development expansion and other market activities).
The study also provides company’s positioning and market share in metal packaging market.
Timeline Considered for Analysis:
• 2019- Base Year
• 2020 – Estimated Year
• 2020 to 2025 – Forecasted Year
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global metal packaging market by the following segments:
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.
Key Questions Answered in the Global Metal Packaging Industry Report
• What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
• Which region would have high demand for product in the upcoming years?
• What are the factors driving the growth of the market?
• Which sub-market will make the most significant contribution to the market?
• What are the market opportunities for existing and entry-level players?
• What are various long-term and short-term strategies adopted by the market players?
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