Metal packaging market is anticipated to grow at a moderate CAGR of 3.3% during the forecast period (2024-2031).A metal packaging is made of two materials namely steel sheets called aluminum and a bin. Steel sheets are plated with tin and organic lac, therefore the direct contact of steel with food is inhibited. Hereby, corrosion-resistant metal packages are produced. It is produced as the corrosion-resistant metal packaging.
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Technological advancements have significantly impacted the industry, leading to improved designs, manufacturing processes, and functionalities. These innovations have made packaging more versatile, convenient, and sustainable, further driving its adoption. In addition, engineers have found ways to optimize metal thickness without compromising strength, reducing the weight of metal cans and containers, which lowers production costs, enhances transportation efficiency, and reduces fuel consumption and greenhouse gas (GHG) emissions during distribution, thus influencing the market growth. Moreover, the incorporation of smart packaging features such as radio frequency identification (RFID) tags and quick response (QR) codes on packaging allows enhanced supply chain visibility, traceability, and consumer engagement representing another major growth-inducing factor. This technology enables real-time tracking of products, ensuring efficient inventory management and reducing the risk of counterfeiting. Furthermore, advances in surface treatment technologies made metal packaging more resistant to corrosion and abrasion, extending the shelf life of packaged goods and enhancing the visual appeal of the packaging thus propelling the market growth.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Metal Packaging Market by Material
- Steel
- Aluminum
Global Metal Packaging Market by Type
- Aerosols
- Cans
- Caps and Closures
- Drums and Barrels
Global Metal Packaging Market by Application
- Food
- Beverages
- Personal Care
- Health Care
- Paints & Varnishes
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Alcoa Corp.
- Amcor Plc.
- BERICAP Holding GmbH
- Bway Corp.
- CANPACK
- Colep Packaging (RAR Group Company)
- CPMC Holdings Ltd.
- Emballator Metal Group
- Greif
- MAUSER Corporate GmbH
- Metal Packaging Europe G.I.E.
- Nampak Ltd.
- Rexam Plc.
- Tata Steel
- TON YI INDUSTRIAL CORP.
- TUBEX Packaging GmbH
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global metal packagingmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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