openPR Logo
Press release

Global Metal Container Market is poised to witness a CAGR of 5.4% between 2022 and 2030

08-11-2022 03:46 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Future Market Insights

Future Market Insights

The Metal Containers Market business report gives a clarification of market patterns, future possibilities, market limitations, driving market drivers, market portions, key turns of events, vital participants in the market, and contender systems. A careful examination has been acted in this report to know the capability of the market in the present and what's in store possibilities from different points.

The global metal container market is poised to witness a CAGR of 5.4% between 2022 and 2030, reaching US$ 198.4 Bn by the year 2030.As per Future Market Insights (FMI), during the gauge time of 2022-2030, the market for metal containers is supposed to develop at a CAGR of 5.4%. With expanding carefulness concerning sterilization, clients incline toward metal bundling as they are impermeable and dispose of the gamble of altering.

Request A Sample Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-9432

KEY TAKEAWAYS

The metal containers market is expected to grow at 5.4% CAGR from 2022-2030
The market is projected to reach a valuation of US$ 124.9 Bn by the end of 2022
Among product types, the intermediate bulk containers segment is projected to account for over half of the market share by the end of the forecast period
Though a decrease in market is projected in 2021-2022 due to the pandemic, rapid growth is predicted 2023 onwards.

Regarding the metal containers market, an FMI analyst said, "Many industries are taking on the Green initiative, which benefits both the environment and the society. Metal containers are beneficial for the environment because of their reusable design. For instance, when a metal container is no longer useful, it can be easily recycled and turned into another metal container. They are a great investment to have for any heavy duty storage needs and can generally be sold fast."

COVID-19 IMPACT ANALYSIS

The ongoing pandemic has negatively affected a lot of different sectors including the metal containers market. The decline in business of end-use industries has affected the demand and production of metal containers. The market is expected to see a downward drop during the 2020-2021 period but is projected to get back on track from 2022 onwards.

The need for well packaged items in the food and pharmaceutical industries has increased demand for metal containers. With people's lifestyle changing to a more health and safety cautious one, the need for minimum error packages is high and will benefit the metal containers market.

Who Is Winning?

Some of the leading players in the metal containers industry are Ball Corporation, CCL Industries Inc., CPMC Holdings Ltd., Crown Holdings Inc., Mauser Packaging Solutions, Montebello Packaging Inc., HUBER Packaging Group GmbH and Great Western Containers Inc.

South and East Asia are expected to amass larger shares in the market. Increasing popularity of aluminum and tin packaging will be beneficial to the market economy. The market in Middle East and Africa is expected to grow due to the increasing use of metal containers in the chemical industry.

Ask for Customization in the Report, Enquire Now @
https://www.futuremarketinsights.com/customization-available/rep-gb-9432

Valuable Insights into Metal Containers Market

A recent study by Future Market Insights gives a detailed analysis of the metal containers market as well as assessment for the forecast period of 2022-2030. The global market is segmented in order to analyze in detail each and every aspect of the market.

The market is divided by product type as cans, drums, aerosol cans, pails, intermediate bulk containers and others. Based on the material type the market is divided into steel, aluminum and tin; and based on the end use it is divided into the food and beverage industry, chemicals, automotive, pharmaceutical and health, cosmetics and personal care, building and construction and other end use industries. Lastly the market is divided by the geographical region into North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia and Oceania.

Top Key Players Covered-

Ball Corporation,
Ardagh Group S.A.,
CCL Industries Inc.,
CPMC Holdings Ltd.
Silgan Holdings Inc.
Grief Inc.
Toyo Seikan Co., Ltd.
Crown Holdings, Inc.
Mauser Packaging Solutions
Nampak Ltd.
Montebello Packaging Inc.
Balmer Lawrie & Co. Ltd.
HUBER Packaging Group GmbH
NCI Packaging
Great Western Containers Inc.
Food and beverages packed using metal containers last longer and the containers are recyclable, which makes it a profitable option in the long run. Using metal containers gets rid of the need for an additional packaging because the containers are strong and durable.

Request a Complete TOC of this Report with figures @
https://www.futuremarketinsights.com/toc/rep-gb-9432

Key Segments Covered in Metal Containers Industry Research

Metal Containers Market by Product Type:

Cans
Drums
Aerosol Cans
Pails
Intermediate Bulk Containers
Others
Metal Containers Market by End-use:

Food and Beverage Industry
Chemicals
Automotive
Pharmaceutical & Healthcare
Cosmetics & Personal Care
Building & Construction
Other End Use
Metal Containers Market by Region:

North America Metal Containers Market
Latin America Metal Containers Market
Europe Metal Containers Market
East Asia Metal Containers Market
South Asia Metal Containers Market
Oceania Metal Containers Market
Middle East & Africa (MEA) Metal Containers Market

Contact:

Future Market Insights Inc.  
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware - 19713, USA  
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Metal Container Market is poised to witness a CAGR of 5.4% between 2022 and 2030 here

News-ID: 2703656 • Views: 113

More Releases from Future Market Insights

Automatic Filling Machine Market expanding at a CAGR of 4.6% by the year 2032
The market for automatic filling machines is anticipated to reach a value of US$ 6,619.1 million in 2022 and grow at a moderate CAGR of 4.6% over the same period. By 2032, the market is anticipated to increase to a value of US$10,378.0 million. According to Future Market Insights' analysis, the historical CAGR was 2.6%. Automatic filling machines, which are tools used to fill holding containers like pouches, bags, bottles, and boxes with solid, semi-solid, and liquid product
Market for Gourmet Salts is Expected to Expand at US$ 480.06 Mn by 2032 | FMI
The market for gourmet salts worldwide is predicted to increase at a CAGR of 7.3% over the course of the projected period. It is projected to increase in value from US$ 237.3 Mn in 2022 to US$ 480.06 Mn by 2032. Gourmet salts are unrefined, top quality salts obtained from a natural source with a low sodium content. This salt is used in cuisine to enhance taste of food and also
Lactose-free Cheese Market to Surpass US$ 1.5 Bn by 2032 with Burgeoning Prevale …
According to FMI, the global lactose-free cheese market size is expected to reach a valuation of US$ 676.3 Mn by the end of 2022. The market is set to accelerate at a CAGR of 8.4% during 2022-2032. It is anticipated to be valued at US$ 1,515.1 Mn in 2032. FMI further states that around 35% of the global population was lactose intolerant, and 28% had dairy sensitivity or allergy in 2020.
Electrical Steel Market to grow at a rate of 6.5% by 2031 | Get Customized Repor …
The electrical steel market value will total US$ 37.5 Bn in 2021, as per Future Market Insights (FMI). Exhibiting a CAGR of 6.5% for 2021-2031, the market is expected to reach US$ 70.5 Bn by the end of 2031. Despite logistical challenges amid restrictions imposed to contain the pandemic in 2020, the market is forecast to register 5.3% year-on-year growth in 2021. The demand for electrical steel will surge particularly in

All 5 Releases


More Releases for Containers

Shipping Container Market Growing Up By Cargo Type: DRY STORAGE CONTAINERS, FLAT …
According to a recent report published by Allied Market Research, titled, "Shipping Containers Market by Container Size, Product Type, and End Use: Opportunity Analysis and Industry Forecast, 2020-2027,"the global shipping containers market was valued at $8.70 billion in 2019, and is projected to reach $12.08 billion by 2027, registering a CAGR of 4.3% from 2020 to 2027. Browse Full Report with TOC @ https://www.alliedmarketresearch.com/shipping-containers-market Asia-Pacific dominates the market in terms of growth, followed
Global Biowaste Containers Market Technology Updates by Top Industry Drivers In …
Syndicate Market Research recently launched a study report on the global Biowaste Containers market project light on the significant drifts and vigorous cannon into the evolution of the trade, which includes the restraints, market drivers, and opportunities. The report talks about the competitive environment prevailing in the Biowaste Containers market worldwide. The report lists the key players in the market and also provides insightful information about them such as their
Half Height Container Market Global Outlook 2020-2028 | Singamas, Bootle Contain …
The study on Half Height Container Market offers resources for potential use and historical knowledge of the global market. Market analysts have demonstrated SWOT inquiry, along with the key players' profile and various verticals. For example, the report displays on a global scene the import & exports, application, classification, concords, income, innovations, and rate of improvement in the projected time period from 2020–2028. The crucial data summed up is the
Shipping Containers Industry Revenue (2020-2026): THIELMANN, BSL Containers, SCH …
Shipping Containers Industry Description Wiseguyreports.Com Adds "Shipping Containers -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025" To Its Research Database Shipping containers are the containers that are used in transport and carriage of goods without the need for unloading and reloading at intermediate points. These containers are used in transporting goods via both, land and sea borne modes of transport, which may involve use of ships, rails and
Global Offshore Containers Market 2019-2024 By Product Type (Closed Containers, …
Qurate business intelligence has recently added a market intelligence report, titled “Global Offshore Containers Market Size, Status and Forecast 2024,” which delivers a brief overview of the numerous factors enabling growth for the market. It also incorporates insights regarding various restraints that may pose threat and highlights untapped opportunities that may assist the market in picking up pace in the approaching years. The report compiles thorough information attained via proven
Offshore Containers (Shipping Containers) Market 2023: Geographical Segmentation …
The Global Offshore Containers (Shipping Containers) Market from the viewpoint of all its existing trends that are prompting it is imperative to comprehend in order to attain the most effective solution for business strategies. These trends are of different types including geographical, socioeconomic, economic, consumer, political, cultural. Their overall effect on client or consumer preferences will have a major contribution in how this market will develop itself in the following