Metal Packaging Market Research Report – Forecast to 2022

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Global Metal Packaging Market Information, By Material (Steel, and Aluminum), Product (Cans, Drums & Barrels, Caps & Closures, and Others), Application (Food, Beverages, Pharmaceuticals, Personal Care, and Others), and By Region - Forecast 2022

Metal Packaging Market Research Report By

Forecast To 2022

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2022

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


Metal Packaging Market Research Report - Forecast to 2022

Global Metal Packaging Market Information, By Material (Steel, and Aluminum), Product (Cans, Drums &

Barrels, Caps & Closures, and Others), Application (Food, Beverages, Pharmaceuticals, Personal Care, and

Others), and By Region - Forecast 2022

Metal packaging is a process of protecting the products using materials such as aluminum and steel for storage, distribution,

sale, and use. This packaging is used in various industries such as food & beverages, pharmaceuticals, chemicals, and

personal care. The demand for the metal packaging has witnessed strong growth over the last few years due to increasing

disposable income and changing consumer preferences.

According to the MRFR analysis, the global metal packaging market is growing at a rapid pace and is expected to gain a

significant momentum over the forecast period. The global metal packaging market is estimated to grow at a CAGR of 3.29%

during the estimated period, 2017-2022.

The metal packaging market is compelled by various factors such as increased consumption of packed foods & beverages.

According to beverage can makers, the energy drink category remains to be a vital driver for soft drink cans. The European

market for energy drinks increased in size by 6% in 2015, and now nearly 2 in every 3 liters of energy drinks are sold in cans.

Increase in demand for food has triggered the metal can manufacturers to invest in design and manufacturing technologies,

which aids in offering metal cans with improved functional and storage features, have also been a key factor triggering the

growth in the soft drinks end-use sector.

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Metal Packaging Market Research Report - Forecast to 2022

Segmentation and Regional Analysis

On the basis of the regions, the global metal packaging market is segmented into North America, Europe, Asia Pacific, and

Rest of the World (RoW). North America accounted for the largest market share of 34.9% in 2015, followed by Europe,

which is expected to grow at a CAGR of 2.70% during the forecast period. The U.S. is dominating the metal packaging

market in the North American region due to high dependency on canned food and beverages. The scarcity of time and

smaller family sizes are thrusting the demand for canned food & beverages, thereby driving the growth of the metal

packaging market.

Asia Pacific metal packaging market is expected to grow fastest at a CAGR of 4.30% from 2016 to 2022. China, Japan, India,

and Thailand are the key contributor to Asia Pacific market. China is the world’s largest consumer market for food and

beverage (F&B) products. As per China Britain Business Council, China crossed the United States in 2011 in terms of food &

beverage industry. Growing number of supermarkets in the region is also expected to boost the demand for metal

packaging products.

Based on the product, the market is segmented into cans, drums & barrels, caps & closures, and others. Cans segment

dominated the global metal packaging market with 45.5% of share in 2015 and is expected to grow at a CAGR of 3.47%

during the forecast period. Cans are one of the most widely used package types, and they have become increasingly popular

in developed and developing countries during the past few years.

Based on the application, the market is segmented into food, beverages, chemical, personal care, and others. Beverage

segment dominates the market with 30.5% of share in 2015 and is expected to grow at a CAGR of 3.17% during the forecast

period. Increase in consumption of alcoholic and non-alcoholic beverages across the globe have increased the demand for

metal cans in the beverage segment. Food was the second-largest market, valued at USD 20,543.3 million in 2015; it is

projected to grow at a CAGR of 3.40%.

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Metal Packaging Market Forecast To 2022

Metal Packaging Market-By Segment

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Metal Packaging Market Forecast To 2022

Key Players

The prominent players in the metal packaging include Amcor Ltd. (Australia), Ardagh Group (Luxembourg), CPMC Holdings

Ltd. (China), Crown Holdings (U.S.), Grief Incorporated (U.S.), Silgan Holdings Inc. (U.S.), Rexam Plc. (U.K.), Toyo Seikan

Kaisha Ltd. (Japan), Ball Corporation (U.S.), and Huber Packaging (Germany).

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