The food segment accounted for the largest share in 2020, contributing to more than two-fifths of the global metal packaging market, and is projected to maintain its lead position during the forecast period. Metal packaging ensures extended shelf life period for perishable food products. This trend has increased the dependency of packaged food products among …
Tag Archives: Metal Packaging Market
Metal Packaging Market To Offer Numerous Opportunities At A CAGR Of 3.1% through 2030
Europe, followed by North America, held the highest market share in terms of revenue 2020, accounting for nearly two-fifths of the global metal packaging market, owing to the presence of key market players. However, the Asia-Pacific region is expected to witness the fastest CAGR of 3.9% during the forecast period. The increase in disposable income, …
Metal Packaging Market 2021 – 2030: Remarkable Growth Factors That Is Changing the Course of Industry Over Coming Years
Advances in packaging technology and large demand for canned food drive the growth of the global metal packaging market. However, environment-related issues pertaining to steel mining and increased material cost hinder the market growth. On the other hand, the expanding popularity of luxury products in metal packaging such as cookies, coffee, tea, and other items …
Metal Packaging Market Size 2021-2030 | Metal Packaging Industry Trends, Growth, Share, Manufactures, And Global Forecast Analysis
According to the report, the global metal packaging industry generated $108.8 billion in 2020, and is anticipated to generate $147.4 billion by 2030, witnessing a CAGR of 3.1% from 2021 to 2030. Prime determinants of growth Advances in packaging technology and large demand for canned food drive the growth of the global metal packaging market. …
Metal Packaging Market to Deliver Outstanding Growth and Remarkable Opportunities, Analysis, Demand & Growth
According to a new report published by Allied Market Research titled, “Metal Packaging Market by Material, Product Type, and End User: Global Opportunity Analysis and Industry Forecast, 2014-2022″, the metal packaging market was valued at $122 billion in 2015, and is projected to reach $153 billion by 2022, growing at a CAGR of 3.3% from 2016 to 2022. Based on end use, food segment …