0
2022
Metal Packaging Market

Metal Packaging Market

by Material (Steel, Aluminum, Others), by Type (Cans, Caps and Closures, Drums and Barrels, Others), by Application (Food, Beverages, Personal Care, Health Care, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030

✷  Report Code: A01580
Pages: 360
Apr 2022 | 22180 Views
Author(s) : Snehal M , Yerukola P
Tables: 152
Charts: 77
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

Metal Packaging Market Research, 2030

The global metal packaging market was valued at $108.8 billion in 2020, and is projected to reach $147.4 billion by 2030, growing at a CAGR of 3.1% from 2021 to 2030.

The COVID-19 outbreak has impacted positively on the global metal packaging market. The major drivers for the packaging industry include the increased demand for food & beverages and pharmaceutical packaging, rising e-commerce sales due to lockdown.

Metal Packaging Market, Metal Packaging Market Size, Metal Packaging Market Share, Metal Packaging Market Trend, Metal Packaging Market Growth, Metal Packaging Market Analysis, Metal Packaging Market Forecast, -, -, -

Metal packing refers to packaging constructed primarily of metals, such as metal, aluminum, and steel. Impact resistance, ability to endure extreme temperature, convenience for long-distance shipment, and others are just few key advantages of using metal packing. The growing popularity of using the product for canned food serves to enhance consumption because there is a large demand for canned food, especially in busy urban areas. The product is also widely used in the fragrance sector because of its capacity to handle high pressure and durability. Furthermore, the expanding popularity of luxury products in metal packaging, such as cookies, coffee, tea, and other items, results in increase in the use of metal-based packaging.

Metal packaging is the process of enclosing or protecting things for distribution, storage, and sale using materials, such as aluminum and steel. Food and beverage, healthcare, chemical, personal care, and other sectors employ this type of packaging. The packaging industry's overall expansion has been fueled by rise in demand from the food and beverage market. The demand for canned food and beverages is fueled by a lack of time and smaller family sizes, which forces the metal packaging market forward. Advances in packaging technology have also aided in the development of metal cans with increased functional and storage qualities, which has fueled market expansion in the beverages end-use sector. Metal can be found in both, alcoholic and non-alcoholic beverages. However, the growth of the market is expected to be hindered by factors, such as environment-related issues pertaining to steel mining and increased material cost.

The metal packaging market is segmented into type, material, application, and region. Depending on type, the market is categorized into cans, caps & closure, barrels & drums, and others. Depending on material, it is fragmented into steel, aluminum, and others. By application, it is classified into food, beverage, healthcare, personal care, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global metal packaging market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include, Amcor plc., Ardagh Group S.A, Ball Corporation, CPMC Holdings Ltd., Crown Holdings Inc., Greif Incorporated, Metal Packaging Europe, Silgan Holdings Inc., Tata Steel, and Ton Yi Industrial.

Metal Packaging Market
By Type

Your browser does not support the canvas element.

Cans is expected to be the most lucrative segment

Get more information on this report : Request Sample Pages

By type, cans are expected to retain their dominant position in the global metal packaging market. The cans segment held the largest market share of the global metal packaging market in 2020. It is one of the most widely used packaging types, and they have become increasingly popular in developed and developing countries during the past few years owing to the high demand for beverages.

Metal Packaging Market
By Material

Your browser does not support the canvas element.

Steel is projected to be the most lucrative segment

Get more information on this report : Request Sample Pages

Depending on material, the steel segment accounted for around 62.9% of the global metal packaging market share in 2020. The steel segment held the largest market share of the global metal packaging market in 2020. The aluminum segment has a high growth rate and is expected to witness the highest CAGR during the forecast period because of the high demand for beer, carbonated soft drinks, and energy drinks.

Metal Packaging Market
By Application

Your browser does not support the canvas element.

Food application segment is expected to dominate the market during the forecast period.

Get more information on this report : Request Sample Pages

By application, the food segment held the largest market share of the global metal packaging market in 2020 due to various properties of the metal. It extends the shelf life of food & beverage products and delivers protection against light, oxygen, and bacteria.

Metal Packaging Market
By Region

2030
Europe 
North America
Asia-pacific
Lamea

Europe is expected to dominate the market during the forecast period.

Get more information on this report : Request Sample Pages

Region-wise, Europe accounts for the largest share of around 38.4% in 2020. Europe was the largest market for metal packaging in 2020 due to the fast-paced lifestyle leading to convenience packaging. Germany and Spain is a major contributor in the Europe metal packaging market due to its high dependency on canned foods and beverages.

IMPACT OF COVID-19 ON METAL PACKAGING MARKET

  • The COVID-19 pandemic is rapidly spreading and ruthlessly affects the business environments of major markets. The demand for metal packaging is witnessing significant decline in all segments. Some regions, particularly, North America and Europe, witness greater decline than Asia-Pacific. Amidst the ongoing crisis, metal packaging producers are operating at a lower capacity and are planning to scale up their operation after carefully assessing the course of COVID-19 in the near term.
  • Furthermore, import and export activities were significantly impacted, which, in turn, adversely affected the industries using metal packaging, thereby affecting the metal packaging market. 
  • With nearly 98 billion units produced each year and four groups being consumed weekly by every EU citizen, Metal Packaging Europe (MPE) led the European producers of rigid metal packaging to recognize the metal packaging sector as essential in ensuring the uninterrupted flow of critical goods in the aftermath of COVID-19. Several beverage can manufacturers' expansion projects have helped the countries satisfy the rise in demand for metal cans in recent years. However, due to country-specific travel restrictions and safety concerns, there have been delays.
  • Moreover, multiple supply chain disruptions led to significant manufacturers to report setbacks. For instance, in May 2020, Ball Corporation announced delays in beverage packaging projects in Europe and Brazil due to restrictions imposed amid the COVID-19 pandemic.
  • The U.S. reported a surge in demand for processed foods such as canned soups and vegetables during the outbreak of COVID-19, affecting the metal packaging across the food industry's supply chain.
  • Metal container manufacturers were required to speed up production, but the labor remained a challenge. Crown Holdings, announced to increase production in the U.S. across 2020. The pandemic added urgency to the effort. The company initiated 81 open production jobs at its 25 U.S. plants, in place of third production line being set up at a factory in Nichols, New York. Silgan Holdings has over 50 plants across the U.S. The company reported an increase in first-quarter earnings in 2020, partly due to a jump in demand for cans.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the metal packaging market analysis from 2020 to 2030 to identify the prevailing metal packaging market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the metal packaging market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global metal packaging market trends, key players, market segments, application areas, and market growth strategies.

Metal Packaging Market Report Highlights

Aspects Details
By Material
  • Steel
  • Aluminum
  • Others
By Type
  • Cans
  • Caps and Closures
  • Drums and Barrels
  • Others
By Application
  • Food
  • Beverages
  • Personal Care
  • Health Care
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (U.K., Germany, France, Spain, Rest of Europe, Italy)
  • Asia-Pacific  (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players Amcor plc, Ardagh Group S.A, Ball Corporation, cpmc holdings ltd, Crown Holdings Inc, Greif Incorporated, Metal Packaging Europe, Silgan Holdings Inc, Tata Steel, Ton Yi Industrial
 

Loading Table Of Content...


 
 

Metal packaging is an integral part of the packaging and preservation process. Metal packaging has seen a significant increase in popularity over the last few years as customers have become more health concerned. Metal packaging is utilized in a variety of ways globally. Cans are one of the most extensively used types of metal packaging, and in recent years, have become a significant element of the human diet in both, industrialized and developing countries. It is more valuable in places where there is no or limited refrigeration for preserving food. It's a way to keep foods, pharmaceuticals, chemicals, and other items safe from microbial degradation. Metal packaging has a lucrative business opportunity, since it has excellent printability, is cost effective for high speed filling & packaging, and has glossy & high aesthetic value over other packaging materials.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. Food & beverage industries is projected to increase the demand for metal packaging market

A. Type, material and application segment are covered in metal packaging market report

A. Growth in industrialization is expected to trigger the demand for bulk packaging such as drums and barrels are some of the key factors driving the growth of the market.

A. Food packaging are the major applications which are expected to drive the adoption of metal packaging

A. Import and export activities were significantly impacted, which, in turn, adversely affected the industries using metal packaging, thereby affecting the metal packaging market.

A. Amcor plc., Ardagh Group S.A, Ball Corporation, CPMC Holdings Ltd., Crown Holdings Inc., Greif Incorporated, Metal Packaging Europe are the top players in metal packaging market.

A. The global metal packaging market was valued at $147.4 Billion in 2030

A. Rapid growth in industrialization, changes in lifestyle, and rise in demand for processed canned food are anticipated to fuel the growth of metal packaging in industrial and commercial sectors.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Metal Packaging Market

Start reading instantly.
This Report and over 19,320+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers