Press release
India Metal Packaging Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2026
The India Metal Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the India Metal Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the India Metal Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the India Metal Packaging market.The India Metal Packaging Market is expected to register a CAGR of 6.52% over the forecast period from 2021 to 2026.
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Top Leading Companies of India Metal Packaging Market are - Casablanca Industries Pvt Ltd, Anupam Products Ltd., Oricon Enterprises Limited, Shetron Limited, Zenith Tins Private Limited, Unique Closures, Western Cans Private Limited, Nipra Industries Pvt. Ltd., Petrox Packaging (I) Pvt. Ltd., Crown Closures Pvt. Ltd., Deccan Cans & Printers Pvt. Ltd., Hindustan Tin Works Ltd., Hi-Can Industries Pvt. Ltd., Kaira Can Company Limited, Ball India (Ball Corporation) and others.
Industry News and Updates:
- February 2020 - Oricon Enterprises Limited has entered into a Joint Venture (JV) agreement with Tecnocap Group, to incorporate a new company, Tecnocap Oriental Pvt Limited. The company will be engaged in the manufacturing of lug caps and located at Murbad in Thane district of Maharashtra. Oricon Enterprises Limited is involved in manufacturing and marketing packaging products comprising metal caps and closures, including crown caps. This joint venture marks the Tecnocap Group's full entry into the Indian and Far Eastern markets.
- January 2020 - Ball Corporation launched a new impact extruded aluminum bottle line that provides a circular solution to plastic pollution. With various shapes and sizes, this impact extruded aluminum bottle can be customized for numerous beauty, personal care, food, and beverage products. Unlike other substrates in these categories, which include plastic shampoo jars or bottles for cosmetics, Ball's aluminum bottles could be recycled countless times and repeatedly turned into other aluminum products.
Key Market Trends:
Cans are Expected to Hold Significant Share
- Among different kinds of metal packages, such as cans, drums, bottles, caps, and closures, can have been the most popular. Ease of use and availability aided in the adoption of metal cans in several packaging applications over the last century. Additionally, consumer trends, such as a preference for small-size and multi-pack packaging formats, support the volume growth of the global metal cans demand. Increasing demand for mini-cans has been observed, especially in the Asia-Pacific markets, such as India. Therefore, most beverage companies in the country offer mini-cans, which generally contain smaller volumes of products and cost less than traditional canned products.
Food is Expected to Hold Significant Share
- Metal containers find applications in the food and beverage industry, as metal is suitable for protecting food content. In contrast, heavy-duty metal containers, such as drums and IBCs, are generally used to transport oil, chemicals, and bulk liquids. In the food market, the products using metal packaging do not lose their nourishing properties and keep their original tastes long. Also, the weight of metal packaging is low, and its resistance toward physical shocks is high. Such packaging solutions have low costs of storing, loading, and shipping. Also, Ball India projects the consumption of aluminum cans for storing beverages, food items in India has the potential to grow significantly from the present rate.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- India Metal Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of India Metal Packaging Market (%),2016 - 2026
- India Metal Packaging Market Share, By Brand
- India Metal Packaging Market Share, By Company
- India Metal Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies India Metal Packaging Market Value Analysis & Forecast
- Promising India Metal Packaging Development by Major Companies
- Detailed India Metal Packaging Portfolio of the Major Companies
- Major Deals in the India Metal Packaging Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082593474/india-metal-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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