PUBLISHER: TechNavio | PRODUCT CODE: 1601958
PUBLISHER: TechNavio | PRODUCT CODE: 1601958
Metal Packaging Market 2024-2028
The metal packaging market is forecasted to grow by USD 19.9 bn during 2023-2028, accelerating at a CAGR of 2.7% during the forecast period. The report on the metal packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for metal packaging in pharmaceuticals sector, sustainability with metal packaging, and rising focus on improving shelf life of products.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 2.6% |
CAGR | 2.7% |
Incremental Value | $19.9 bn |
Technavio's metal packaging market is segmented as below:
By End-user
By Geographical Landscape
This study identifies the rising consumer preference for convenient and ready-to-eat products as one of the prime reasons driving the metal packaging market growth during the next few years. Also, advent of resealable cans and increasing demand for innovative lightweight materials will lead to sizable demand in the market.
The report on the metal packaging market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading metal packaging market vendors that include Amcor Plc, Ardagh Group SA, Ball Corp., BWAY Corp., CANPACK SA, CCL Container, COFCO Corp., Crown Holdings Inc., DS Containers, Greif Inc., Herenco AB, Kaira Can Co. Ltd., Kian Joo Can Factory Bhd, Silgan Holdings Inc., Sonoco Products Co., Tata Steel Ltd., Ton YI Industrial Corp., Toyo Seikan Group Holdings Ltd., and Tubex GmbH. Also, the metal packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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