Asia-Pacific Metal Packaging Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Metal Packaging involves metallic wrapping of the materials that product contain and protecting the consumer product from odd conditions. Packaging is the process of protecting the product from environmental issues and enables the product to travel safely for long distances. The packaging of a product is a part of brands image if the packaging looks luxurious consumers are willing to spend more money to buy that product. The benefits related to metal packaging include better sustainability, attractiveness, functionality, and others.
Asia-Pacific Metal Packaging Market Size & Growth:
The Asia-Pacific Metal Packaging Market size is projected to reach approximately $ XX million by the end of 2024 with a CAGR close to X% from $XX million in 2018 during the forecast timeline 2018-2024. The Key factors that drive the growth of the market include rising demand for packaged products, increased consumption of canned food, increasing urbanisation, increasing demand for aerosol products, growing usage of metal packaging in pharmaceutical & personal care industries and others. Owning to increasing disposable incomes, the
Asia-Pacific Metal Packaging Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
consumers are shifting their concern towards the safe packaged foods & personal care products.
Asia-Pacific Metal Packaging Market Share:
Various parameters divided the Asia-Pacific Metal Packaging market. By the Type, they are divided into caps & closures, cans, barrels & drums, and others. Among them, can have the largest market owing to increasing demand for canned foods with its recyclability properties. By the Material, they are divided into steel, aluminium, and others. Among them, aluminium has the largest market because it reduces the body weight of product without compromising on the strength. By the Application, they are divided into personal care, healthcare, food, beverages and others. Among them beverages have the largest market owing to increasing demand for aerosol products and rising demand for metal packaging in the alcohol industry. By Geography, China has the largest market owing to the urge of convenient packaging across end-user industries in that region.
Asia-Pacific Metal Packaging Market Trends:
- Alcoa Corporation plans partial restart of the aluminium smelter at Warrick operations that further improve
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Asia-Pacific Metal Packaging Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
the competitiveness of the on-site rolling mill.
Ardagh Group has announced their expansion into the Food & Beverages Can market by acquiring certain manufacturing assets from Ball Corporation.
Ardagh Group engages in ‘touch of’ innovation with Bonduelle to provide an ideal solution for fully recyclable convenient steel.
Asia-Pacific Metal Packaging Market Research Reports:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Alcoa Incorporation
- Sonoco
- Amcor Limited
- Ardagh Group
- Ball Corporation
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