Press release
Metal Packaging Market - Share, Analysis, Trend, challenges, Opportunities and Forecast to 2022
Market Research Future published a research report on “Global Metal Packaging Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Global Metal Packaging Market by Product (Cans, Drums & Barrels, Caps & Closures, Others), by Material (Steel, Aluminum and Others), by Application (Beverage, Food, Personal Care, Pharmaceuticals and Others) by Region (North America, Europe, Asia-Pacific, Rest of World) - Forecast to 2022
Market research future published a cooked research report on Global Metal Packaging Market. The Global Metal Packaging Market is expected to grow around 3.28% CAGR during the period 2016 to 2022.
Market Highlights
The demand for aluminum aerosol cans has been steadily rising, reaching a new level, driven largely by technological improvements in product performance and features, and innovations in aesthetic appearance in terms of colors, shapes and prints. The expansion in end-use application, especially in the field of personal care products, consumer household appliances and pharmaceuticals ensure better market prospects. In addition, the growth potential of the beverage market bodes well for the profitability of the metal packaging industry.
However, factors such as increasing material cost and environmental issues are the major restraints that could hinder the market growth. As, two predominantly used materials in metal packaging are steel and aluminium which are expensive compared to plastic.
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Market Research Analysis
Based on application, the market is segmented as beverages, food, personal care, pharmaceuticals and others. In which, beverage application segment accounts for the largest share of 66% due to increase in urbanization, changing lifestyle and increasing disposable income. Food segment is the second-largest application and is projected to grow at 5.2% CAGR during the forecast period.
Based on region, North America region has accounted for the highest market share of 33.3%. The increasing consumption of beverages and rise in the usage of aerosol cans has led to the growth of market in the region. While, Asia-Pacific is projected to grow at the highest CAGR of 4.30%.
Metal Packaging Global Market - Segmentation
The Metal Packaging Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product :
Comprises Cans, Drums & Barrels, Caps & Closures, and others.
Segmentation by Material:
Comprises Steel, Aluminium, and others.
Segmentation by Application:
Comprises Beverage, Food, Personal Care, Pharmaceuticals and Others.
Key Players
The key players of the global 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.) and Huber Packaging Group GmbH (Germany).
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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Brief Toc:
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List of Tables
12. List of Figures
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The report for Global Metal Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Access Full Report@ https://www.marketresearchfuture.com/reports/metal-packaging-market-1917
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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