About Metal Packaging
Metal packaging is a type of packaging that uses metals, such as aluminum, steel, or tinplate, to protect and preserve products. It is a widely used packaging material due to its numerous advantages. Metal is strong and resistant to damage, making it ideal for packaging products that need to withstand harsh conditions, such as long-distance transport or high temperatures. The metal packaging market offers a promising future with steady growth fueled by sustainability concerns, convenience preferences, and technological advancements. Addressing the challenges and capitalizing on the opportunities will be crucial for players in this dynamic market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies compete on several factors, including price, quality, innovation, and customer service. The market is also subject to several trends, such as the growing demand for sustainable packaging, the increasing popularity of e-commerce, and the rising demand for convenience foods. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Metal Packaging market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ball Corporation (United States), Crown (United States), Silgan Holdings Inc. (United States), Amcor plc (United States), Ardagh Group S.A. (Luxembourg), Emballator (Sweden), Toyo Seikan Group Holdings, Ltd. (Japan), Greif (United States), CANPACK (Netherlands) and CCL Container (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sonoco Products (United States), BWAY Corporation (United States), TUBEX (Germany), DS Containers (United States) and Tata Steel (India).
Segmentation Overview
AMA Research has segmented the market of Global Metal Packaging market by , Application (Food & Beverage, Personal Care & Cosmetics, Healthcare & Pharmaceuticals, Industrial and Others) and Region.
On the basis of geography, the market of Metal Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Product, the sub-segment i.e. Containers & Cans will boost the Metal Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Steel will boost the Metal Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancements in printing and coating technologies
Market Growth Drivers:
Rising demand for convenience food and beverages and The growing e-commerce sector
Challenges:
Intense competition from alternative packaging materials
Restraints:
Fluctuating prices of raw materials
Opportunities:
Manufacturers are constantly innovating new metal packaging solutions and Growth in emerging markets such as China, India, and Southeast Asia
Market Leaders and their expansionary development strategies
In August 2021, Ardagh Metal Packaging S.A. completed the acquisition of Gores Holdings V, Inc., the acquisition created a leading global supplier of sustainable and infinitely recyclable beverage cans.
In June 2021, Emballator's Metal Group announced the launch of a new, lighter, and more optimized metal packaging solution. This "UN Optimized" product boasts several features that benefit both the environment and businesses. The initial launch focuses on the Chemical and Paint market segments.
Key Target Audience
Manufacturer, New Entrants, Suppliers & Distributors, Potential Investors, Research Center and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.