Metal Packaging Market
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Metal</strong> <strong>Packaging</strong> <strong>Market</strong><br />
<strong>Packaging</strong> is referred as a process of wrapping or boxing of various products and items in paperboard boxes, bubble<br />
wraps, containers, paperboard boxes, or other storage units. Using metal material for packaging is referred as metal<br />
packaging. The metal packaging gives brands a competitive edge and provides smart packaging that attracts<br />
consumers. A multitude of printing designs, shapes and sizes can be manufactured to individual customer<br />
requirements.<br />
According to the report, global metal packaging market was valued at USD 119.52 billion in 2016 and is expected to<br />
reach USD 141.88 billion in 2022, growing at a CAGR of 2.9% between 2017 and 2022.<br />
Request Free Sample Research Report @https://www.zionmarketresearch.com/sample/metal-packaging-market<br />
<strong>Metal</strong> packaging market is primarily driven by increasing demand for food and beverages market and rising standard<br />
of living. Increasing packaged food demand and rising urbanization have also been driving the growth of metal<br />
packaging market. However, volatility in raw material prices and shifting preference towards plastic and flexible<br />
packaging are expected to curb the growth of metal packaging market in the coming years. Furthermore, e-<br />
commerce market and research & development in metal packaging manufacturing, materials, and design are likely<br />
to set new wings to the market of the metal packaging during the coming years.<br />
<strong>Metal</strong> <strong>Packaging</strong> global market is segmented into types, applications, and region. Based on types metal packaging<br />
market is segmented into cans, barrels & drums, caps & closures and others. Cans have dominated the market in<br />
2016 and it is expected to be dominating over the forecast period. Rising demand for metal-based healthcare<br />
products including tablet wrappers, metal sterilizers, trays, ointment tubes, and others are accelerating the demand<br />
for the metal packaging market.<br />
Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/metal-packaging-market<br />
Based on application metal packaging market is fragmented into beverages, food, personal care, healthcare and<br />
others applications. Increasing food and beverages market, rising standard of living and increasing disposable<br />
income are enhancing the market growth of metal packaging for food and beverages. Comparatively other
Change language