Metal Packaging Market Globla Industry Analysis and Top Key Players: Alcoa Incorporated, Amcor Limited, Ball Corporation, Crown Holdings Inc., Can-Pack S. A.

Metal Packaging - A Market Overview and Forecast 2020 - 2025, This report presents a profound evaluation of basic elements of Metal Packaging industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in this report. The report also forecasts the potential of the market and reviews thorough analysis of vital segments and regional markets.

The metal packaging market was valued at USD 138.11 billion in 2019 and is expected to reach USD 193.24 billion by 2025, at a CAGR of 4% over the forecast period 2020-2025.

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The Metal Packaging Market is competitive owing to the presence of various international and domestic manufacturers. The market appears to be fragmented with the vendors competing in terms of price, capacity, volume, product quality, and technological innovation in the market. Some of the major players in the market are Alcoa Incorporated, Amcor Limited, Ball Corporation, Crown Holdings Inc., Can-Pack S. A., Silgan Holdings Incorporated, Tubex GmbH, Greif Incorporated, Mauser Packaging Solutions, Ardagh Group

Industry Latest News:

February 19, 2020: PITTSBURGH-- Alcoa Corporation, a global leader in bauxite, alumina and aluminum, today announced that the Aluminum Stewardship Initiative (ASI) has certified the Company to market products under ASI's Chain of Custody standard. ?ASI has the industry's most comprehensive system for third-party certification of sustainable manufacturing practices. The global non-profit includes multiple stakeholders in its certification process, including producers, users and civil society organizations. The Chain of Custody (CoC) certification and its performance standards provide independent, third-party validation and traceability of responsible production, sourcing and stewardship of aluminum.

According to the Population Reference Bureau, in 2018, the degree of urbanization across the world was at around 55%. The shrinking size of the family, along with changing patterns in lifestyle, including the declining amount of time spent on preparation of meals and consumption at home, is leading to a shift toward more processed, frozen, and pre-prepared foods, in which canned foods is the most common form of packaging. The metal packaging holds the largest market share of these foods. However, the metal packaging market is expected to witness fierce competition from substitute flexible plastic packaging products.

- Aerosol cans have been a significant driver for the market, witnessing increased adoption in the automotive, cosmetics, industrial and household care sector. Europe is one of the largest producers of aerosol globally due to the favourable business environment encouraging firms to establish manufacturing facilities in the region. Further, new production technologies coupled with an increasing number of product launches have buoyed the market growth.
- Augmenting this trend, recently, Nivea launched a new product range in the deodorant segment, boasting a taller and sleek shaped aluminum aerosol that was designed by Beiersdorf and manufactured by Ardagh Group. Ardaghs metal division investigated various cutting-edge technologies for aerosol can production. As a result, the company set new standards for high-quality metal packaging for the personal care sector.
- Reuse is a major trend in metal packaging because of the increased pressure to prolong the lifecycle of finite resources through the re-use of containers. In contrast to consumer applications, many industrial packaging markets benefit from a highly effective and well-established infrastructure for products, like reconditioned drums to maximize repeat use. This has been a major driver for the adoption of steel, which has been proven in numerous studies to be less harmful to the environment than the extraction of virgin ore.

Scope of the Report

Metal packaging is the key to the sustainable development of human civilization. Metal, being a permanent material retains 100% of its properties even after infinite recycling thereby reducing resource wastage significantly. Metals like aluminum are very easy to sterilise for packaging purposes, and its durability and high barrier protection makes it an excellent choice for packaging material.

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Competitive Insights

April 2019 - Ardagh Group expanded its production at Jacare and Manaus can and end facilities, respectively. These projects aim to meet the growing demand of its customers for infinitely-recyclable and sustainable aluminium packaging. These investments are consistent with the company's commitment to supporting the growth prospects of the Brazilian can market.
February 2018 - Ball Corporation announced to build a one-line beverage can and an end manufacturing plant in Asuncin, Paraguay. This expansion would allow the company to serve the growing beverage can market in Paraguay, Bolivia, and Argentina.

Beverage is Expected to Hold a Significant Share

- The beverage sector is dominated by the use of aluminum and steel cans. However, with the on-going trend of convenient packaging, the demand for flexible stand-up pouches is on the rise. This growth is also attributed to the use of metal caps and closures for various beverage products.
- Aluminum packaging for beer, carbonated soft drinks, and energy drinks has increasingly dominated over other product segments, such as sparkling wines, iced teas, and coffee-based refreshments. The recycling rate for used aluminum beverage cans in Europe was 71.3% in 2017; the European Union aims to reach a recycling target of 80% by 2020. With the capability of saving up to 95% energy of primary production by recycling, aluminum beverage cans are contributing incessantly to sustainability.
- Beverage can manufacturers have lightened the package by reducing the gauge required to fabricate the cans. Metal cans can support the carbonation pressure that is required to package soda and resist pressures up to 90 pounds per square inch. As a matter of fact, four six-packs are capable of supporting a 2-ton vehicle, making them a more favored choice of packaging for the beverage industry.

Furthermore, this study will help to solve the following issues:

Cyclical dynamics-Report foresees dynamics of industries by using core analytical and unconventional market research approaches.
Identifying key cannibalizes- Strong substitute of a product or service?is that the?most prominent threat. Report includes key cannibalizes of a market, by procuring?marketing research. This helps in aligning new product development/launch strategies?before.
Spotting emerging trends- Report helps?to identify?upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by?a specific?emerging trend.
Interrelated opportunities-This report will allow making decisions based on data, thereby increasing the chances that the strategies will perform better.

Customization of the Report:

The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.

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