Report

Global Metal Packaging Market Size study, By Type (Cans, Caps & Closures, Barrels & Drums, Others), By Raw Material (Steel, Aluminium, Others), By Application (Beverage, Food, Healthcare, Personal care, Other), and Regional Forecasts 2022-2028

  • Publish Date: May,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Metal Packaging Market is valued at approximately USD 135.69 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.0% over the forecast period 2022-2028. Metal Packaging is the process of enclosing or protecting products against any external influence during storage, distribution, and sale. This packaging is done by the usage of two rigid metals; steel and aluminum as they have a high recycling rate in comparison to other metals and plastic or flexible packaging. Metal Packaging is gaining huge traction across various industries such as healthcare, food & beverages, personal care, chemical, and many others. The growing demand for packed food, aerosol products, increasing population majorly in the urban areas tied with the rising consumption of canned food are the chief impelling factors that may foster the market demand across the globe. For instance, according to Statista, the canned food market demand was recorded at USD 109.52 billion in 2021 and is projected to reach USD 118 billion by 2023. However, the emergence of PET bottles impedes the growth of the market over the forecast period of 2022-2028. Also, the growing food & beverages market is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Metal Packaging Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing demand for metal containers across the industrial packaging sector, coupled with the execution of stringent regulatory policies and standards for plastic packaging. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing demand for food & beverages by the millennials & youths, as well as new brewing company start-ups that have been initiated in emerging nations like India & China would create lucrative growth prospects for the Metal Packaging Market across the Asia-Pacific region.

Major market players included in this report are:

Rexam Plc

Ton Yi Industrial

Amcor Limited

Ball Corporation

Silgan Holdings

Crown Holdings

Alcoa Incorporated

CPMC

Greif Incorporated

Ardagh Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Cans

Caps & Closures

Barrels & Drums

Others

By Raw Material

Steel

Aluminum

Others

By Application

Beverage

Food

Healthcare

Personal care

Other

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Metal Packaging Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors