Global Metal Packaging Market Analysed & Projected through 2022 by Visiongain11 May 2012 • by Natalie Aster
The inertness, non-permeability and non-reactive nature of metal have made it an important component in the global packaging market. Aluminium and steel are used for several packaging applications, in various end-use markets such as food, beverages, healthcare, personal care, paint or industrial chemicals. For many consumer goods, packaging is also an essential way of differentiating the product to attract consumers. The feel of the material and the recyclability of metal have made it a popular choice for many producers. Forecasts say the global metal packaging markets will reach $96.0bn in 2012.
Various consumer trends drive metal packaging demand. Increasing time-pressures and population aging increase demand for convenient food packaging. According to the report “The Metal Packaging Market 2012-2022” by Visiongain, growing environmental concerns move consumers and producers towards recyclable packaging materials. Rising health awareness also benefits nutrient-retaining packaging. All these three consumer-driven trends increase the demand for metal packaging.
A further metal packaging growth driver emerges from the developing world. Higher income levels, a structural shift towards consumption and consumer-preference towards packaged food products in emerging markets will increase demand for all packaging solutions. The tamper-proof nature and ambient storage opportunities of metal packaging further enhance its market potential in developing countries.
The Metal Packaging Market 2012-2022
Published: April, 2012
Price: US$ 2.642,00
Metal packaging market growth is restricted by both economic and consumer factors. The current euro-zone crisis has reduced consumer and producer confidence, and if a double-dip recession emerges, metal packaging markets will be affected negatively. Fluctuating raw material and energy prices make production and transport of metal packaging more expensive and less competitive. Bisphenol A related concerns may also damage metal packaging market prospects if consumers shy away from metal food and beverage packaging in favour of BPA-free glass or paper/board packaging. Developing alternative can linings may also strike metal packaging producers badly, particularly for small- and medium-sized companies.
The report contains 112 tables, charts and graphs that add visual analysis in order to explain these developing trends within the metal packaging market. Visiongain provides forecasts for the period 2012-2022 in terms of value (US$) for the global metal packaging market, as well as for four submarkets (food, beverage, personal care and healthcare packaging) of the metal packaging market. In addition, the 15 leading national metal packaging markets are forecast and analysed by Visiongain over the period 2012-2022. The report also provides profiles of 15 leading companies operating within the market, and includes three exclusive interviews with metal packaging industry insiders, providing expert insight alongside Visiongain analysis.
More information can be found in the report “The Metal Packaging Market 2012-2022” by Visiongain.
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