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Metal Packaging Market 2014-2022 | Leading Players : Amcor, Ardagh, CPMC Holdings, Crown Holdings, Grief Inco., Rexam, Ball Co. and Huber Packaging
Global Metal Packaging Market Information, By Material (Steel, and Aluminum), Product (Cans, Drums & Barrels, Caps & Closures, and Others), Application (Food, Beverages, Pharmaceuticals, Personal Care, and Others), and By Region - Forecast 2022Market research future published a raw research report on Global Metal Packaging Market that contains the information from 2014 to 2022. Metal packaging market is expected to grow with the CAGR of approximately 3% from 2016 to 2022.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Metal Packaging Market Information from 2014 to 2022"
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We recognize the key players in the Global Metal packaging market as Amcor Ltd., Ardagh Group, CPMC Holdings Ltd., Crown Holdings, Grief Incorporated, Silgan Holdings, Rexam Plc., Toyo Seikan Kaisha Ltd., Ball Corporation and Huber Packaging.
Continuously growing industries like personal care, food & beverages, healthcare & chemicals are the key factors for the growth of metal packaging market. Additionally, better functionality, sustainability, attractiveness and nutrients retaining properties are also major driving factors contributing to the growth of this market. Metal packaging market is expected to grow at CAGR of 3% from during the forecast period.
Metal Packaging Global Market - Competitive Analysis
The key players adopted various strategies to achieve operational efficiencies. The key strategies followed by most companies in the global metal packaging market are mergers & acquisitions, winning new projects, new product innovations and expansion. The major players operating in this market are Amcor Ltd. (Australia), Ardagh Group (Luxembourg), CPMC Holdings Ltd. (China), Crown Holdings (U.S.), Grief Incorporated (U.S.), Silgan Holdings Inc. (U.S.), Rexam Plc. (U.K.), Toyo Seikan Kaisha Ltd. (Japan), Ball Corporation (U.S.), and Huber Packaging (Germany).
Extensive research in this market has brought to light that mergers & acquisitions, and new product development are the key strategies adopted by the major players in the global metal packaging market. This strategy is widely adopted to increase the client base and their market as a major supplier. In addition to this, expansion is another strategy adopted extensively by the players to spread their geographical presence and achieve operational efficiencies.
Acquisitions in Amcor are meant for expanding the footprint in emerging markets, improving industry structure in developed markets, adding new technologies to capture additional value, and accelerating growth in regions where Amcor’s market share is low. Amcor acquired companies such as Nampak (South Africa), Souza Cruz’s (Brazil) internal tobacco packaging operations, Deluxe Packages (U.S.), Alusa (Chile), Packaging India Private Limited (India) and BPI (China).
Ardagh sees its key strategy as winning maximum projects annually. In the FY 2015, GKN Aerospace won new projects from L’Oréal’s Paris (France), Coca-Cola Company (U.S.), Beavertown Brewery (U.K.), and many others since 2014. The company also focuses on leveraging on its strong global presence for instance it has invested in a new facility in South Korea, and reopened its production facility in Leeuwarden, the Netherlands and a new metal packaging facility in the U.S.
Crown Holdings Inc. completed the purchase of Empaque (Mexico), from Heineken N.V. The acquisition enhanced their strategic position in the global beverage can market with 50% of their beverage can revenue now derived from faster growing emerging markets.
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Metal Packaging Global Market - Segmentation
The Metal Packaging Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product : Comprises Cans, Drums & Barrels, Caps & Closures, and others.
Segmentation by Material : Comprises Steel, Aluminium, and others.
Segmentation by Application : Comprises Beverage, Food, Personal Care, Pharmaceuticals and Others.
Metal Packaging Global Market - Regional Analysis
North America has dominated the market with 33.3% market share in 2015, factors such as fast-paced lifestyle leading to convenience packaging is driving the market. US is dominating the metal packaging market in North America with a market share of 80% in 2015.
Asia-Pacific region is expected to show the fastest growth during the forecast period due to rapid urbanization, rising income & changing lifestyle in the region.
Scope Of Report
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the metal packaging market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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Table of Contents
1 Introduction
1.1 Definition
1.2 Scope Of The Study
1.3 Assumptions
1.4 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Dynamics
3.1 Drivers
3.1.1 Increasing Consumption Of Beverage
3.1.2 Increasing Usage Of Aerosol Cans
3.2 Restraints
3.2.1 Environmental Issues
3.2.2 Increasing Material Cost
3.3 Opportunity
3.3.1 Scope In The Developing Nations
Continued...........
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