Market Summary
Research Methodology on Metal Packaging Market
Abstract
The published research report by Market Research Future provides a comprehensive analysis of the metal packaging market by examining its history, benefits, types of metal packaging, market drivers and restraints, and its future outlook.
To gain a better understanding of the metal packaging market and its potential, primary and secondary data are collected and analyzed. Primary data is obtained through interviews and surveys, while secondary data sources, such as trade journals, industry publications, the internet, company websites, and publications from industry trade associations, are used to gain an overall understanding of the industry.
The report found that the metal packaging market is expected to undergo tremendous growth over the next few years, thanks to the various benefits offered by metal packaging and the burgeoning demand for metal packaging products. The main restraints to the growth of the metal packaging market are identified as the increasing cost of raw materials, stringent regulations, and the growing prevalence of alternative packaging materials.
It is also found that the metal packaging market is segmented into various types and applications, such as aerosol cans, steel cans, metal foil, aerosol and steel can closures, and metal container caps and closures.
Introduction
- Market description
Metal packaging is the process of packaging goods, products, and materials in metal containers. Metal packaging plays a key role in the distribution, storage, and marketing of consumer and industrial products and materials, due to its durability and protective properties. Metal packaging is cost-effective, environmentally friendly, and can be used to preserve and protect products for extended periods.
- Research objectives
The main objective of this research report is to provide a comprehensive analysis of the metal packaging market, including its history, benefits, types of metal packaging, market drivers and restraints, and its future outlook.
- Scope
The scope of this research report is to provide an analysis of the metal packaging market by examining its history, benefits, types of metal packaging, market drivers and restraints, and its future outlook. The report looks at both primary and secondary data sources, such as interviews, surveys, and industry publications, as well as trade journals, the internet, and company websites.
Literature review
- What is metal packaging?
Metal packaging is a form of packaging materials that are made from batches of sheet metal and/or other metals, like aluminium, tinplate, and stainless steel. Metal packaging is used to protect and preserve products from spoilage, damage, and contamination.
- History of metal packaging
Metal packaging has been used for thousands of years to store and protect food, drinks, and other products. Examples of metal packaging from ancient times include clay jugs filled with honey, amphorae filled with olive oil and wine, and earthenware cans filled with flour, among others.
In the 19th century, the use of tinplate for canning was developed by the French, followed by advances in can manufacturing technology in the United Kingdom and the United States. The introduction of aerosol cans in the late 19th century was another major development in the history of metal packaging.
- Benefits of metal packaging
Metal packaging has come to be a preferred choice of packaging materials due to its various advantages, including its high durability, environmental friendliness, and its cost-effectiveness. Metal packaging offers an effective barrier to moisture, oxygen, and other elements, which helps to protect the product's integrity and shelf life. The product is also well-protected against mechanical damage.
Metal packaging is cost-effective, as the raw materials required for its production are generally cheaper when compared to other types of packaging materials. Furthermore, metal packaging can be recycled, thus helping to reduce waste and its associated costs.
- Types of metal packaging
The metal packaging market is segmented into different types of products, such as aerosol cans, steel cans, metal foil, aerosol and steel can closures, and metal container caps and closures.
Aerosol cans are typically made of aluminium and are used to dispense products such as paints, lubricants, pesticides, and food products. Steel cans are used to package canned food, beverages, pet food, and other products. Metal foil is a thin sheet of metal that is often used to wrap food products and to provide an extra layer of protection against environmental contamination.
Aerosol and steel can closures are used to seal aerosol and steel cans and ensure the product is airtight. Metal container caps and closures are used to close food and beverage containers.
- Market segments
The metal packaging market is segmented according to its product type, which includes aerosol cans, steel cans, metal foil, aerosol and steel can closures, and metal container caps and closures, and according to its applications, which include food and beverages, chemical, pharmaceutical, healthcare, and others.
- Metal packaging market drivers
The increasing demand for packaged and processed food and beverages is a major driver of the metal packaging market. Growing population and per capita income levels, especially in developing and emerging countries, are also driving growth in the metal packaging market.
The increasing preference for single-serve, on-the-go convenience foods is also driving demand for metal packaging, as these products can be easily stored and transported in metal packaging. Furthermore, the increasing focus on sustainability and the wide availability of various recyclable metal packaging materials are other factors driving the growth of the market.
- Metal packaging market restraints
The increasing cost of raw materials, such as aluminium, tinplate, and steel, is identified as a major hurdle to the growth of the metal packaging market. Moreover, stringent regulations, such as environmental regulations, can hinder the market growth.
The growing prevalence of alternative packaging materials, such as paper, plastic, and glass, is also a major restraint to market growth, as these materials are often perceived to be more cost-effective and durable than metal packaging materials.
Research methodology
- Research design
The research design for this report was intended to provide an in-depth analysis of the metal packaging market by examining both primary and secondary data sources.
- Primary data collection
To gain an understanding of the market drivers and restraints, primary data is collected through a series of interviews and surveys. Interviews are conducted with key industry players, such as metal packaging manufacturers, suppliers, and distributors, as well as with industry experts and professionals in the field.
For the survey, an online questionnaire is designed and distributed to potential respondents. The survey includes a set of multiple-choice and open-ended questions related to the metal packaging market, such as its drivers and restraints, its current market trends, and its future outlook.
- Secondary data collection
Secondary data sources, such as trade journals, industry publications, the internet, company websites, and publications from industry trade associations, are also consulted to gain an understanding of the metal packaging market.
- Data analysis
The collected data is analyzed to present a comprehensive overview of the metal packaging market, including its history, benefits, types of metal packaging, market drivers and restraints, and its future outlook.
The data is also used to provide normative and descriptive interpretations of the metal packaging market in terms of its product types, applications, and its size and growth potential.
Data presentation and analysis
- Tables and figures
Some tables and figures are created to present an understanding of the metal packaging market. These figures include tables and charts that provide an overview of the market size, growth potential, and major segments, as well as charts that shows the product types and their market shares, the applications and their market shares, and the region-wise market splits.
- Interpretation of data
The collected and analyzed data is used to provide an interpretation of the metal packaging market. It is found that the metal packaging market is expected to experience strong growth due to the various advantages offered by metal packaging, the increasing demand for packaged and processed food and beverages, and the growing preference for single-serve convenience foods.
Market Size & Forecast
Report Attribute/Metric | Details |
Market Size 2023 | USD 116.07 billion |
Market Size 2024 | USD 119.06 billion |
Market Size 2032 | USD 162.48 billion |
Compound Annual Growth Rate (CAGR) | 3.86% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2018 & 2020 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Material, Type, Application, and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and the Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | Ball Corporation, Crown Holdings Inc, Can pack SA, Silgan Holdings Incorporated, Tubex GmbH, Grief Incorporated, Mauser Packaging Solutions, Ardagh Group, DS Containers Inc, and CCL Containers Inc |
Key Market Opportunities | High-quality products and cost-effectiveness |
Key Market Dynamics | Increasing consumption of beverages Demand for aerosol cans |
Major Players
Metal Packaging Material Outlook (USD Million, 2018-2030)
Aluminum
Steel
Metal Packaging Type Outlook (USD Million, 2018-2030)
Cans
Drums & Barrels
Caps & Closures
Metal Packaging Application Outlook (USD Million, 2018-2030)
Food & Beverages
Healthcare
Personal care
Chemical
Metal Packaging Regional Outlook (USD Million, 2018-2030)
North America Outlook (USD Million, 2018-2030)
North America Metal Packaging by Material
Aluminum
Steel
North America Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
North America Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
US Outlook (USD Million, 2018-2030)
US Metal Packaging by Material
Aluminum
Steel
US Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
US Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
CANADA Outlook (USD Million, 2018-2030)
CANADA Metal Packaging by Material
Aluminum
Steel
CANADA Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
CANADA Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Europe Outlook (USD Million, 2018-2030)
Europe Metal Packaging by Material
Aluminum
Steel
Europe Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Europe Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Germany Outlook (USD Million, 2018-2030)
Germany Metal Packaging by Material
Aluminum
Steel
Germany Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Germany Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
France Outlook (USD Million, 2018-2030)
France Metal Packaging by Material
Aluminum
Steel
France Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
France Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
UK Outlook (USD Million, 2018-2030)
UK Metal Packaging by Material
Aluminum
Steel
UK Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
UK Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
ITALY Outlook (USD Million, 2018-2030)
ITALY Metal Packaging by Material
Aluminum
Steel
ITALY Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
ITALY Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
SPAIN Outlook (USD Million, 2018-2030)
Spain Metal Packaging by Material
Aluminum
Steel
Spain Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Spain Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Rest Of Europe Outlook (USD Million, 2018-2030)
Rest Of Europe Metal Packaging by Material
Aluminum
Steel
REST OF EUROPE Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
REST OF EUROPE Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Asia-Pacific Outlook (USD Million, 2018-2030)
Asia-Pacific Metal Packaging by Material
Aluminum
Steel
Asia-Pacific Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Asia-Pacific Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
China Outlook (USD Million, 2018-2030)
China Metal Packaging by Material
Aluminum
Steel
China Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
China Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Japan Outlook (USD Million, 2018-2030)
Japan Metal Packaging by Material
Aluminum
Steel
Japan Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Japan Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
India Outlook (USD Million, 2018-2030)
India Metal Packaging by Material
Aluminum
Steel
India Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
India Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Australia Outlook (USD Million, 2018-2030)
Australia Metal Packaging by Material
Aluminum
Steel
Australia Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Australia Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Rest of Asia-Pacific Outlook (USD Million, 2018-2030)
Rest of Asia-Pacific Metal Packaging by Material
Aluminum
Steel
Rest of Asia-Pacific Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Rest of Asia-Pacific Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Rest of the World Outlook (USD Million, 2018-2030)
Rest of the World Metal Packaging by Material
Aluminum
Steel
Rest of the World Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Rest of the World Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Middle East Outlook (USD Million, 2018-2030)
Middle East Metal Packaging by Material
Aluminum
Steel
Middle East Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Middle East Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Africa Outlook (USD Million, 2018-2030)
Africa Metal Packaging by Material
Aluminum
Steel
Africa Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Africa Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Latin America Outlook (USD Million, 2018-2030)
Latin America Metal Packaging by Material
Aluminum
Steel
Latin America Metal Packaging by Type
Cans
Drums & Barrels
Caps & Closures
Latin America Metal Packaging by Application
Food & Beverages
Healthcare
Personal care
Chemical
Leave a Comment