MarketsandMarkets Presents Metal Packaging Market by Type, Raw Material & by Application - Trends and Forecast to 2020

The report “Metal Packaging Market by Type (Cans, Caps & Closures, Barrels & Drums, & Others), Raw Material (Steel, Aluminum, & Others), & by Application (Food, Beverages, Healthcare, Personal Care & Others) - Trends and Forecast to 2020” defines and segments the global metal packaging market with analysis and forecasting of the global volumes and revenues for metal packaging market. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges. Browse 173 market data tables 54 figures 248 pages and in-depth TOC on “Metal Packaging Market”. You can speak to our

Source: Expert Interviews and MarketsandMarkets Analysis Source: MarketsandMarkets Analysis Metal Packaging Market Share, by Region, 2014 ($Million)

The global market is projected to reach $ Billion by 2020, with a CAGR of 3.0% from 2015 to The North America region accounted for around 34.4 % of the total market share in terms of value, followed by the European and Asia-Pacific regions. In the recent years, Asia-Pacific has tremendously progressed in the metal packaging market which primarily includes emerging markets such as India and China. The North America realm held the majority of share in 2015 and accounted 34.4% of the total market, followed by Europe and Asia-pacific market with the share of 31.6% and 22.5% respectively. The main driving force in North America region is the changing lifestyle and convenience of packaged products. The emerging economies such as India and China have played a vital role in the rising growth rate of the industry. Increased urbanization and the need to maintain a healthy lifestyle has led to an increased demand for use of metal packaging. The driver for global market is the increase in consumer preference for processed and packaged foods. Metal packaging is attaining popularity because of changing consumer taste, rising sale of grocery products including frozen and chilled food, and changing lifestyle. Improving standard of living, rising income, steadily growing economies, and increasing alcoholic consumption represent key growth drivers in the Asia-Pacific region.

This report estimates the market size of the global market in terms of value ($million) and volume (KT). In this report, the market is broadly segmented based on type, material, application, and region. Market drivers, restraints, challenges, raw material, and product price trends are discussed in detail. Market share, by participant, for the overall market is discussed in detail. The global market has grown significantly in the last few years and this trend is expected to continue. Increasing urbanized population, rising food and beverage industry, increasing consumption of canned product, and increasing use of recyclable raw material drive the growth of the metal packaging market. The growth of this market is primarily driven by the following:  Increasing urbanized population  Developing economies and GDP  Increasing consumption of canned food  Rising demand of packaged food The global market is marked with intense competition due to the presence of a large number of both big and small firms. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market. The key players in this market are Alcoa Incorporated (U.S.), Amcor Limited (Australia), Ardagh Group (Europe), Ball Corporation (U.S.), CPMC (China), Crown Holdings (Europe), Greif Incorporated (U.S.), Silgan Holdings (Connecticut, U.S.), Rexam Plc (U.K.), and Ton Yi Industrial (China).

Scope of the Report This research study categorizes the global market based on type, material, application, and region: 1.Based on Type: Cans Caps & Closures Barrels & Drums Others (Others include aerosol, tube, and lid) 2.Based on Raw Material: Steel Aluminum Others (Others include tin) 3.Based on Application: Beverage Food Healthcare Personal care Other (others includes industrial bulk, shipping, and cosmetic) 4.Based on Region: North America Europe Asia-Pacific Rest of the World (RoW)

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