Metal Packaging Market 2018 Estimated to Touch 138.1 Mn at 3.28% CAGR | 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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Metal Packaging Global Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global Market of Metal Packaging appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position. To increase the market share and to tackle the alternative packaging material market, the metal packaging companies are also focusing on developing new metal packaging material prototypes and different product marketing strategies Marketers employ a continuous improvement strategy to analyze and update products, implementing improvements and launching new technologies to meet the changing needs of consumer. The market is expected to witness the entry of several new players who are technologically advanced and will capture a major portion of fast moving consumer goods packaging market in the coming years.

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.

Metal Packaging Global Market - Regional Analysis

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.

Key Players

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) are some of the leading players operating in this market.

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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

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.

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