Metal Packaging Market 2020 : Size, Industry Share, Growth, Statistics, Trends Analysis , Revenue by 2026. Top Growing Companies are Alcoa Corporation, Amcor Limited, Ardagh Group S.A., BALL CORPORATION, Crown

Metal Packaging market report is a window to the industry which gives explanation about what market definition, classifications, applications, engagements and market trends are. It also gives details regarding the actions of major players such as product launches, joint ventures, developments, mergers and acquisitions and respective effects in terms of sales, import, export, revenue and CAGR values for the industry. This industry analysis report is a significant document for every market enthusiast, policymaker, investor, and market player. Global Metal Packaging market document is a great source of getting information for the major happenings and industry insights which helps succeed in this competitive age.

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Key Market Competitors: Global Metal Packaging Market:

Few of the major competitors currently working in the metal packaging market are Alcoa Corporation, Amcor Limited, Ardagh Group S.A., BALL CORPORATION, Crown, BWAY Corporation, Greif, CPMC Holdings Limited, Silgan Holdings Inc., TON YI INDUSTRIAL CORP., Sonoco Products Company, Manaksia, Emballator Metal Group, Tata Steel, Can Corporation of America Inc., Toyo Seikan Group Holdings Ltd., Reynolds, and Kian Joo Can Factory Berhad.

Market Analysis: Global Metal Packaging Market:

Global metal packaging market is expected to rise from its initial estimated value of USD 117.16 billion in 2018 to an estimated value of USD 162.21 billion by 2026, registering a CAGR of 4.15% in the forecast period of 2019-2026. This rise in market value can be attributed to the repeatability in recycling of metal products, and increased consumption of packaged food and beverage products.

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Market Definition: Global Metal Packaging Market:

Metal packaging can be defined as a packaging method that uses steel, aluminum or other metal packaging materials for the protection and transportation of the contents. This packaging method is versatile and extends the life of the contents as it is a sturdy and durable packaging method. Increased amount of consumption of packed food and beverages is expected to be a driving factor for the market growth as it keeps the contents fresh for longer.

Metal Packaging Market Drivers:

Increased levels of consumption of packaged and convenience foods increasing the demand for food packaging is expected to be a driving factor for the market growth
Recycling attributes of metals and increased protection and safety of products is expected to be a driving factor for the market growth

Metal Packaging Market Restraints:

Increasing demand and adoption of plastic packaging methods is expected to be a major factor restraining the market growth
Chemical coatings applied on the inside of the cans and beverages for anti-corrosion, and enhancement of strength of the material are deemed harmful if consumed in large quantities, this factor is also expected to be a major factor restraining the market growth

Segmentation: Global Metal Packaging Market:

Metal Packaging Market : By Type

Cans
Tins & Boxes
Caps & Closures
Foils
Barrels & Drums
Others

Metal Packaging Market : By Material

Steel
Aluminum

Metal Packaging Market : By Industry Verticals

Food
Beverages
Healthcare & Medical
Consumer Goods
Others

Metal Packaging Market : By Geography

North America:

US
Canada
Mexico

South America:

Brazil
Argentina
Rest of South America

Europe:

Germany
United Kingdom
Italy
France
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe

Asia Pacific:

Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific

Middle East & Africa:

South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa

Key Developments in the Metal Packaging Market:

In February 2018, BALL CORPORATION announced that they will build a beverage can manufacturing plant in Paraguay, and also enhance its production capacity in its Argentina facility. The expansion and investment is expected to meet the growing demand of the beverages and can packaging market in the various countries in the region.

In June 2016, BALL CORPORATION announced that they had completed the acquisition of Rexam Corporation. With this acquisition, BALL is expected to be a major market leader for cans and metal packaging products.

Competitive Analysis: Global Metal Packaging Market:

Global metal packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of metal packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Research Methodology: Global Metal Packaging Market:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request An Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

Complete Market analysis and forecasting
Market Definition, understanding the concept of metal packaging
Market Drivers and Restraints of the industry
Market Segmentations and market share divided amongst them
Key Players in the market and their analysis

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