At 4.6% CAGR, Global Metal Print Packaging Market Size Will Reach USD 167.80 Billion by 2030

"According to the research report published by Polaris Market Research, the Global Metal Print Packaging Market Size Is Expected To Reach USD 167.80 Billion By 2030., at a CAGR of 4.6% during the forecast period."

Overview
Metal packaging, made from aluminum or steel, is used throughout the retail, wholesale, commercial, and industrial sectors. It comes in many shapes and sizes and can package virtually any product. It is a smart solution for fillers and brand owners. With a proven sustainability and safety record, cans offer unparalleled performance through the supply chain for virtually any product.
The growing demand for better aesthetic appeal and the ever-increasing demand for packaged food and beverages globally are expected to drive the market's growth. Additionally, there is a growth in the sales of grocery products such as frozen and chilled foods. Steel pattern wrapping provides better hygiene and longer shelf life than cardboard and plastic packaging.

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Prominent Key Players - Covered in the report:
• Ball Corporation
• CCL Container
• Crown Holdings Inc.
• Envases Group
• Etchon Marks Control
• HuberGroup
• Koenig & Bauer AG
• Real Pad Printer
• Star Laser Technology
• Tonejet Limited
• Toyo Seikan group.

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Metal Print Packaging Market: Growth Drivers
The growing trend of digitization in printing facilities to drive the market
The metal print packaging permits the manufacturers to enhance the brand visibility of the product, thus attracting users' attention and pushing them to buy the product. With the growing trend of digitization in printing facilities, the demand for metal print packaging has grown significantly. This trend is reflected across beverage and cosmetics industries, where metal cans are increasingly being adopted for packaging.
As per the UN, the world is urbanizing rapidly. The proportion of people living in urban areas is anticipated to increase. As urbanization is picking up and growing, affluence and diets are changing, specified by an escalated demand for packaged food. Thus large organized retailers have commenced hoarding massive amounts of canned foods and beverages These days, offline and online retailers stock a wide range of packaged food items in their stores.

Geographic Overview: Metal Print Packaging Market
Low-cost packaging production solutions to propel the market
The Asia Pacific accounted for the highest industry share in the global market. The increasing concentration of manufacturers generating low-cost packaging production solutions is expected to propel the market's growth in the region.
The European metal print packaging market is expected to portray a progressive CAGR over the years. This growth can be attributed to growing developments in these technologies. The introduction of advanced technologies has substituted traditional printers.
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Metal Print Packaging Market: Repor: Segmentation
Insight By Printing Process
Cost-effectiveness of lithography segment to drive the market
Based on the printing process, the offset lithography segment held the largest revenue share and is anticipated to lead the industry in the forecast period. It is the most widely used packaging process to create these materials. This method is a cheap alternative for producing an extensive volume of high-quality designs.

Key Players:
Some major players operating in the global market include Ball Corporation, CCL Container, Crown Holdings Inc., Envases Group, Etchon Marks Control, HuberGroup, Koenig & Bauer AG, Real Pad Printer, Star Laser Technology, Tonejet Limited, and Toyo Seikan group.

Recent Developments:
In May 2021, HuberGroup Print Solutions announced opening a state-of-the-art production plant in the Wroclaw area in Poland, which delivers to customers throughout Europe. In the new buildings, hubergroup produces water-based varnishes and solvent-based inks for flexography and gravure printing and has dosing lines for offset inks, including UV inks.
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Metal Print Packaging Market: By Type Outlook
• Cans
• Caps and Closure
• Carrels and Drums

Metal Print Packaging Market: By Raw Material Outlook
• Steel
• Aluminum

Metal Print Packaging Market: By Printing Process Outlook
• Offset Lithography
• Gravure
• Flexography
• Digital

Metal Print Packaging Market: By End Use Outlook
• Beverage
• Food
• Health Care
• Personal Care

Metal Print Packaging Market: By Region Outlook
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Austria)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. Australia)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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This release was published on openPR.