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The global metal packaging market reached a value of US$ 138.2 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 168.7 Billion by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Metal packaging refers to various enclosing and protecting materials that are manufactured using steel and aluminum sheets. Some of the most common types of metal packaging materials include aerosol and beverage cans, containers, barrels, drums, foils caps and closures. They protect the contents from moisture and bacteria and enable the storage of perishable products without refrigeration. These materials also offer benefits, such as compactness, high density, toughness, malleability and thermal conductivity, owing to which they are extensively utilized for packaging food, beverages, industrial products, and personal care and pharmaceutical products.
The growing food and beverage industry currently represent as one of the key factors driving the growth of the market. Metal packaging, especially aluminum cans, is one of the most preferred packaging solutions for storing various beverages, such as beer, sparkling wines, sodas, iced teas, carbonated soft drinks, energy drinks and coffee-based refreshments. Increasing adoption of metal packaging by organic food manufacturers is also providing a boost to the market growth. This is further catalyzed by the growing consumer awareness regarding the various health benefits of preserving organic produce in metal-based packaging products. Additionally, the advent of resealable and customizable cans that offer improved functionality and storage capacities is creating a positive outlook for the market growth. Manufacturers are developing innovative and aesthetically appealing designs for various personal care products to expand their consumer base. Other factors, including the increasing utilization of aerosol cans in the pharmaceutical industry, extensive research and development (R&D) activities and rapid urbanization across the globe, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global metal packaging market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on product type, material and application.
Breakup by Product Type:
Breakup by Material:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Alcoa Corporation, Amcor Plc, Ball Corporation, Crown Holdings, Silgan Holdings Incorporated, Greif Incorporated, Ardagh Group, Can-Pack SA, Tubex GmbH, Bway Corporation, CPMC Holdings Limited, Rexam PLC, Ton YI Industrial Corporation, etc.
|Base Year of the Analysis||2020|
|Segment Coverage||Product, Material, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Alcoa Corporation, Amcor Plc, Ball Corporation, Crown Holdings, Silgan Holdings Incorporated, Greif Incorporated, Ardagh Group, Can-Pack SA, Tubex GmbH, Bway Corporation, CPMC Holdings Limited, Rexam PLC and Ton YI Industrial Corporation|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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