IMARC Group, a leading market research company, has recently released a report titled “Metal Print Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”. The study provides a detailed analysis of the industry, including the metal print packaging market size, share, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the Metal Print Packaging Market?
The global metal print packaging market size reached US$ 115.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 144.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.6% during 2023-2028.
What is Metal Print Packaging?
Metal print packaging utilizes materials such as aluminum, tin, or steel to create packaging containers for diverse products. This type of packaging is user-friendly, shatterproof, and capable of enduring high pressure and temperature. It possesses strength, durability, and corrosion resistance while also providing a protective barrier against bacteria, viruses, and other pathogens. Metal print packaging even offers an upscale appearance, ensuring protection against tampering, theft, and various types of damage. It enhances brand visibility and attracts customers. Consequently, metal print packaging solutions find extensive applications across several sectors, including food and beverage (FB), healthcare, personal care, etc.
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What are the growth prospects and trends in the metal print packaging industry?
Metal print packaging market is primarily driven by the expanding food and beverage (FB) industry across the globe, and the inflating demand for ready-to-eat (RTE) food items, owing to busy lifestyles and rising purchasing power, are acting as a significant growth-inducing factor. Apart from this, the escalating consumption of beverages, such as beer, energy drinks, fruit juices, and soda, and the growing utilization of metal print packaging for packaging medications, medical products, and supplies, ensuring the protection and preservation of their potency and effectiveness are also positively influencing the global market. Moreover, the elevating adoption of metal print packaging in personal care and cosmetic products to shield them from light, air, and moisture and the introduction of digital printing technology, enabling high-quality and detailed graphics to be printed onto metal packaging, improves its visual appeal and durability are expected to bolster the metal print packaging market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Type Insights:
- Cans
- Caps and Closure
- Barrels and Drums
Raw Material Insights:
- Steel
- Aluminum
Printing Process Insights:
- Offset Lithography
- Gravure
- Flexography
- Digital
- Others
End User Insights:
- Beverage
- Food
- Health Care
- Personal Care
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Ball Corporation,
- CCL Container Inc. (CCL Industries Inc.),
- Crown Holdings Inc.,
- Envases Metalúrgicos De Álava S.A.,
- hubergroup Deutschland GmbH,
- Koenig Bauer MetalPrint GmbH,
- Tonejet Limited (TTP Group plc)
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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