The metal packaging market is expected to register a CAGR of

NEWARK, Del, June 10, 2022 (GLOBE NEWSWIRE) — The growing application of metal packaging solutions in the food and beverage, personal care, healthcare, home and consumer industries and industry is driving the metal packaging market.

One of the major growth factors in the metal packaging market is demand. Metal packaging is essential to the long-term survival of human civilization. Metal, being a permanent substance, retains its qualities even after infinite recycling, greatly reducing the waste of resources.

For packaging, metals such as aluminum are particularly easy to sterilize. It is a good choice for packaging materials due to its durability and high barrier protection. Cans were the most popular of all metal packaging options.

Metal cans have been used in a variety of packaging applications due to their ease of use and availability. The preference for small size and multi-package packaging will further drive the demand for metal cans.

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There has been an increase in demand for mini cans, especially in India, China and Japan. As a result, most beverage companies in the region offer mini cans, which often contain less product and are less expensive than standard cans.

Recyclability of metal packaging is one of the major reasons likely to drive the global metal packaging market during the projected period. Due to their superior recycling infrastructure, aluminum and steel packaging materials are the two most sustainable raw materials for packaging.

Key Takeaways from Metal Packaging Market

  • Aluminum is the most widely used material segment for manufacturing in the metal packaging segment, and it holds a market share of almost 53% of the metal packaging market.
  • The can packaging segment will witness growth at a CAGR of 2.8% during the forecast period.
  • Food & Beverage Segment Expected Remarkable CAGR 2.9% over the forecast period. The food and beverage market continues to grow rapidly, outpacing $60.7 Bn in 2032.
  • North America accounts for a substantial share of the metal packaging market over the forecast period due to stringent government rules and requirements.

Metal packaging market landscape

Ball Corporation, Crown Holdings, Silgan Holdings, Ardagh Group, CPMC Holdings Ltd. Amcor Limited, Alcoa Corporation, Manaksia, Tata Steel Limited, Rexam plc, Greif, Inc. and Toyo Seikan Group Holdings, Ltd. and others.

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Metal Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the metal packaging market by type of material (aluminum, steel, others (tin, iron)), type of product (cans, drums and pails, aerosols, tubes and lids , barrels, trays and films, caps and closures, pallets, bottles and jars, others), end-use industry (food and beverage, personal care, health care, household and consumer, industrial) in seven regions.

segments:

By type of material:

  • Aluminum metal packaging
  • Steel metal packaging
  • Others

By end use:

  • Food and drinks
  • Personal care
  • Health care
  • Household & Consumer
  • Industrial

By type of packaging:

  • Cans
  • Barrels and pails
  • Aerosols
  • Tubes and lids
  • Barrels
  • Trays & Sheets
  • Caps and Closure
  • Bottles and jars
  • IBC
  • Pallets
  • Others

By region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa
  • East Asia
  • South Asia
  • Oceania

About Future Market Insights Packaging Division

Future Market Insights packaging division provides in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs and formats, Future Market Insights has an extensive database for these verticals, providing clients with unique research offerings and strategic recommendations. With a repository of over 1,000 reports, the team has comprehensively analyzed the packaging industry in over 50 countries. The team assesses each node of the value chain and provides end-to-end research and advisory services; reach out to explore how we can help you.

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Contents

1. Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply-side trends

1.4. Analysis and recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limits

3. Key Market Trends

3.1. Key trends impacting the market

3.2. Product Innovation / Development Trends

4. Key success factors

4.1. Product Adoption / Usage Analysis

4.2. USP/Product Features

4.3. Strategic promotional strategies

5. 2015-2021 Global Metal Packaging Market Demand Analysis and Forecast, 2022-2032

5.1. Historical Analysis of Market Volume (Tons), 2015-2021

5.2. Current and Future Projections of Market Volume (Tons), 2022-2032

5.3. Analysis of annual growth trends

6. Global Metal Packaging Market- Price Analysis

6.1. Regional Price Analysis by Packaging Type

6.2. Comparative analysis of world average prices

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