NEWARK, Del, June 10, 2022 (GLOBE NEWSWIRE) -- Rising application of metal packaging solutions in food & beverages, personal care, healthcare, household & consumer, and industrial sectors is boosting the metal packaging market.
One of the primary growth factors for the metal packaging market is demand metal packaging is essential for human civilization's long-term survival. Metal, being a permanent substance, preserves its qualities even after infinite recycling, drastically decreasing resource waste.
For packing purposes, metals such as aluminium are particularly easy to sterilise. It is a good choice for packing materials due to its durability and high barrier protection. Cans have been the most popular of all the metal packaging options.
Metal cans have been used in a variety of packaging applications due to their ease of use and availability. Preference for small-size and multi-pack package forms will further drive the metal cans demand.
Request a Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14868
There has been an increase in demand for mini-cans, particularly in India, China, and Japan. As a result, most beverage firms in the region provide mini cans, which often contain lower amounts of product and are less expensive than standard tinned goods.
Metal packaging's recyclability is one of the key reasons likely to boost the global metal packaging market over the projected period. Due to their superior recycling infrastructure, aluminium and steel packaging materials are the two most durable raw materials for packaging.
Key Takeaways from Metal Packaging Market
- Aluminium is the most used material segment for manufacturing metal packaging segment, and it holds a market share of almost 53% of the metal packaging market.
- Cans packaging segment will witness growth at a CAGR of 2.8% in the forecast period.
- The food and beverages segment is projected to foresee a remarkable CAGR 2.9% over the forecast period. Food and beverages market continues to grow rapidly, surpassing US$ 60.7 Bn in 2032.
- North America accounts for a substantial portion of the metal packaging market over the forecast period on the back of strict 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.
For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-14868
Metal Packaging Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the metal packaging market by material type (aluminium, steel, others (tin, iron)), product type (cans, drums & pails, aerosols, tubes & lids, barrels, trays & foils, caps & closure, pallets, bottles and jars, others), end use industry (food & beverages, personal care, healthcare, household & consumer, industrial) across seven regions.
Segments:
By Material Type:
- Aluminium Metal Packaging
- Steel Metal Packaging
- Others
By End Use:
- Food & Beverages
- Personal Care
- Healthcare
- Household & Consumer
- Industrial
By Packaging type:
- Cans
- Drums & Pails
- Aerosols
- Tubes & Lids
- Barrels
- Trays & Foils
- Caps & Closure
- Bottles & Jars
- IBCs
- Pallets
- Others
By Region:
- North America
- Latin America
- Europe
- Middle east and Africa
- East Asia
- South Asia
- Oceania
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an 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 & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-14868
Table of Content
1. Executive 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 / Limitations
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. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Metal Packaging Market Demand Analysis 2015-2021 and Forecast, 2022–2032
5.1. Historical Market Volume (Tonnes) Analysis, 2015-2021
5.2. Current and Future Market Volume (Tonnes) Projections, 2022–2032
5.3. Y-o-Y Growth Trend Analysis
6. Global Metal Packaging Market - Pricing Analysis
6.1. Regional Pricing Analysis By Packaging Type
6.2. Global Average Pricing Analysis Benchmark
Get detailed TOC @ https://www.futuremarketinsights.com/toc/rep-gb-14868
Have a Look at Related Research Reports of Packaging
Corrugated Box Machines Market Size: The global corrugated box machines market is expected to grow at a CAGR of 5.0% during the forecast period (2022-2032).
Silicone Release Films Market Share: The global silicone release films market is on track to record an anticipated CAGR of 6.1% from 2022 to 2032.
Can Sleeves Market Forecast: The can sleeves market is anticipated to record at a healthy CAGR of 6.3% through 2032.
Hazardous Disposal Bag Market Analysis: The global hazardous disposal bag market is anticipated to garner a revenue of about US$ 1.3 billion by 2032, moving ahead with a CAGR of 4.5% from 2022 to 2032.
Diagnostic Stopper Market Growth: The demand in the global diagnostic stopper market is expected to reach US$ 2.1 Bn by 2022, exhibiting growth at a CAGR of 6% to 7% during the forecast period from 2022 to 2032.
Cutter-Box Packaging Market Demand: The global cutter-box packaging market size is expected to be valued at US$ 9.3 Billion in 2032 and exhibit growth at a CAGR of 7.8% from 2022 to 2032. It is set to reach US$ 6.1 Billion in 2022.
Flexible Packaging Paper Market Value: The flexible packaging paper market is on track to grow at an estimated CAGR of 4% during 2022-2032.
Liquid Carton Packaging Market Volume: The liquid carton packaging market is anticipated to record a CAGR of 5.8% during the forecast period, up from US$ 20.42 Bn in 2022 to reach a valuation of US$ 34.93 Bn by 2032.
Molded Fiber Bowls Market Sales: The global molded fiber bowls market is expected to witness growth at a 4.2% CAGR, with the market valuation projected to reach US$ 297 Mn by 2032.
Dunnage Paper Bags Market Trends: The global dunnage paper bags market is estimated to reach US$ 483.2 Mn in 2022, and anticipated to reach US$ 810 Mn by 2032, owing to the increasing demand for protective packaging solutions across the globe.
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/metal-packaging-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
