Metal Packaging Industry| COVID-19 Analysis and Opportunity

-

The increase in consumption of beverages and the rise in demand for aerosol cans are factors that are expected to surge the market of metal packaging in the review period. Applications of metal packaging spread across verticals, such as food and beverages, chemicals, healthcare, personal care, and others.

Segmental Overview

The Metal Packaging Industry is segmented based on type, material, and application.

By material, the market is classified into steel, aluminum, and others. In 2018, the steel segment held the largest share of the market. The aluminum segment is expected for a high rise in profit. It is due to the high demand for carbonated soft drinks, beer, and energy drinks.

By application, the market is classified into healthcare, food & beverages, chemical, personal care, and others. The food and beverage segment that held a large portion of the global market share in 2018, is expected to retain its superiority across the review years. The extension in shelf lives and better protection offered by metal packaging to food and beverage are factors that can boost the market growth.

Regional Outlook

The Metal Packaging Industry in North America held the pole position in 2018. By the end of 2025, the market is expected to retain the position due to the rise in demand for convenient food that requires effective packaging.  The market in the United States is expected to generate the highest revenue for the regional market in the years to come. The high dependency of people in the US on canned beverage and food are expected to surge the regional market. The Asia Pacific Metal Packaging Industry is expected to thrive at high CAGR in the review years.

Key Players

MRFR listed some of the high profile companies that are operating in the global Metal Packaging Industry. They are; Crown Holdings, Inc. (the US), BWAY Corporation (US),  Ardagh Group (Ireland), Toyo Seikan Group Holdings (Japan), CPMC Holdings Limited.

 


Read More :

http://www.articleweb55.com/details/Flexible-Lid-Stock-Packaging-Market-Share-Global-Trends-And-Forecast-To-2022/258635

https://diigo.com/0icj8u

https://diigo.com/0icldy

https://delawarepolicenews.org/news/34651/beverage-cans-market-share-is-expected-to-grow-at-6-02-cagr-during-the-forecast-period-2017-2023/

https://delawarepolicenews.org/news/34653/home-care-packaging-market-share-is-expected-to-grow-at-8-5-cagr-during-forecast-2023/

https://delawarepolicenews.org/news/34658/sustainable-packaging-market-share-size-is-expected-to-grow-at-cagr-7-to-2023/  

Comments

Post a Comment

Popular posts from this blog

Digital Printing Packaging Market Expected To Grow Over The CAGR Of Around 10.5% During Forecast To 2023

-
Global Digital Printing Packaging Market expected to experience significant growth in the next five years: Market research future published a raw research report on  Global   Digital Printing Packaging Market that contains the information from 2016 to 2023.  Digital printing packaging market is expected to grow with the CAGR of approximately 10.5% from 2016 to 2023. Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Digital Printing Packaging Market Information from 2016 to 2023 " Access Full Report @  https://www.marketresearchfuture.com/reports/digital-printing-packaging-market-2782 Packaging industry will witness a revolution due to the increasing applications of digital printing. Digital printing for packaging is specifically introduced to attract consumers. Continuously growing
Read more

Latest Trends in the Global Form Fill and Seal Machines Market; MRFR Releases the Forecast - 2023

-
The wide storage capacity offered by form fill seal (FFS) is surging the adoption of its producing machine. This  is expected to be the factor that is likely to boost its market growth. Form fill seal machine is designed to bag a number of products. They form, fill and seal materials in various sizes. They use bag shaking mechanism to ensure optimal filling of bag. The ability of the packaging machine to pack range of sizes is expected to propel the the market growth. Low cost with greater productivity is boosting demand for FSS machines.  Development of automation technologies and their incorporation in FSS machines are increasing their robusteness. This is another important booster that is expected to escalate the market growth.  Form Fill and Seal Machines  can pack both wet and dry type of content. FFS machines can also be used with both liquids and solids. Flexibility provided by these devices is expected to gain traction for the market. Market Research Future (MRFR)I in i
Read more

Car Wash Market Trends, Share, Competitive Dynamics, Demand - Forecast 2027

-
  Global   Car Wash Market , By Type (Tunnels, Roll-Over/In Bay, Self-Service), Process (Cloth Friction Car Washing and Touch Less Car Washing), Component (Drivers, Motors, Foam System, Dryers and Pumps), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027  The persuasive Car Wash market report endows with an all-inclusive knowledge and information of rapidly changing market landscape, what already subsists in the market, future trends or market expectations, the competitive environment, and competitor strategies which assists in planning strategies for Car Wash industry with which it is possible to outdo the competitors. Unsu
Read more