Press release
Metal Packaging Market Is Expected To Grow At A CAGR Of 3.28% By 2022
Market Highlights:Metal packaging is the process of enclosing or protecting products using materials such as aluminum and steel for distribution, storage, sale, and use. Such packaging is used across industries such as food & beverages, chemicals, pharmaceuticals, and personal care.
The growth of global metal packaging market can be attributed to factors such as increasing disposal income and changing consumer preferences. In addition, growing demand from the food and beverage markets has been instrumental in fuelling the overall growth in the packaging industry. However, increasing material cost and environmental issues are the major restraints to the growth of market.
The global metal packaging market is poised to grow approximately at 3.28% CAGR and is estimated to touch USD 138.1 Million by the end of 2022.
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Key Players of Metal Packaging Market:
• Amcor Ltd. (Australia)
• Ardagh Group (Ireland)
• CPMC Holdings Ltd. (China)
• Crown Holdings (U.S.)
• Grief Incorporated (U.S.)
• Silgan Holdings (U.S.)
• Rexam Plc. (U.K.)
• Toyo Seikan Group Holdings, Ltd. (Japan)
• Ball Corporation (U.S.)
• Huber Packaging Group GmbH (Germany)
Regional Analysis of Global Metal Packaging Market
North America has dominated the market with 33.3% market share in 2015, factors such as fast-paced lifestyle leading to convenience packaging is driving the market. US is dominating the metal packaging market in North America with a market share of 80% in 2015.
Asia-Pacific region is expected to show the fastest growth during the forecast period due to rapid urbanization, rising income & changing lifestyle in the region.
Brief TOC:
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continue…
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Target Audience
• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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