13.12.2018 Views

Metal Packaging Market

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Metal</strong> <strong>Packaging</strong> <strong>Market</strong> Research Report By<br />

Forecast To 2022<br />

Industry Survey, Growth, Competitive Landscape<br />

and Forecasts to 2022<br />

PREPARED BY<br />

<strong>Market</strong> Research Future<br />

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


<strong>Metal</strong> <strong>Packaging</strong> <strong>Market</strong> Research Report - Forecast to 2022<br />

Global <strong>Metal</strong> <strong>Packaging</strong> <strong>Market</strong> Information, By Material (Steel, and Aluminum), Product (Cans, Drums &<br />

Barrels, Caps & Closures, and Others), Application (Food, Beverages, Pharmaceuticals, Personal Care, and<br />

Others), and By Region - Forecast 2022<br />

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

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

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

disposable income and changing consumer preferences.<br />

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

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

during the estimated period, 2017-2022.<br />

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

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

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.<br />

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

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

growth in the soft drinks end-use sector.<br />

Report Sample @ https://www.marketresearchfuture.com/sample_request/1917<br />

2<br />

www.marketresearchfuture.com


<strong>Metal</strong> <strong>Packaging</strong> <strong>Market</strong> Research Report - Forecast to 2022<br />

Segmentation and Regional Analysis<br />

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

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

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

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

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

packaging market.<br />

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

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

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

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

packaging products.<br />

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

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

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

in developed and developing countries during the past few years.<br />

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

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<br />

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

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

projected to grow at a CAGR of 3.40%.<br />

3<br />

www.marketresearchfuture.com


<strong>Metal</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2022<br />

<strong>Metal</strong> <strong>Packaging</strong> <strong>Market</strong>-By Segment<br />

4<br />

www.marketresearchfuture.com


<strong>Metal</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2022<br />

Key Players<br />

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

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

Kaisha Ltd. (Japan), Ball Corporation (U.S.), and Huber <strong>Packaging</strong> (Germany).<br />

Browse Full Report @ https://www.marketresearchfuture.com/reports/metal-packaging-market-1917<br />

5<br />

www.marketresearchfuture.com


ABOUT US<br />

MARKET RESEARCH FUTURE<br />

At <strong>Market</strong> Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report<br />

(CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and <strong>Market</strong> Research & Consulting<br />

Services.<br />

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research<br />

studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments,<br />

enable our clients to see more, know more, and do more, which help to answer all their most important questions.<br />

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and<br />

industrial visits for its research analyst members.<br />

For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com<br />

Copyright © 2018 <strong>Market</strong> Research Future<br />

All Rights Reserved. This document contains highly confidential information and is the sole property of <strong>Market</strong> Research Future. No part of it may be<br />

circulated, copied, quoted, or otherwise reproduced without the written approval of <strong>Market</strong> Research Future.<br />

6<br />

www.marketresearchfuture.com


THANK YOU<br />

MARKET RESEARCH<br />

salesteam@marketresearchfuture.com<br />

FUTURE<br />

Ph: +1-646-845-9349 (US)<br />

Ph: +44 208 133 9349 (UK)<br />

7<br />

www.marketresearchfuture.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!