NEW YORK, July 24, 2017 /PRNewswire/ -- Packaging is the process of boxing or wrapping of various items and products in containers, paperboard boxes, bubble wraps, or other storage units. This is done for the purpose of storage, sale, distribution, use, and gifting of these products. Metal is one the key packaging materials among others, which include plastic, paperboard, or glass. Metal packaging, when in direct contact with the product contained in it, does not react with the chemical composition of the packaged item. Apart from withstanding the chemical formulations of the products, it also protects them from the outside environment such as exposure to light, air, and humidity.
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Technavio's analysts forecast the global metal packaging market to grow at a CAGR of 3.48% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global metal packaging market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through sales of various metal packaging to end-users such as food packaging, beverage packaging, personal care packaging, and other packaging sectors.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Metal Packaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Amcor
• Ardagh Group
• Ball Corporation
• Crown Holdings
• Sonoco
Other prominent vendors
• BWAY
• Can Pack Group
• CPMC HOLDINGS
• Greif
• HUBER Packaging
• Kian Joo
• Silgan
• Tata Steel Group
• Toyo Seikan
Market driver
• Rising demand for aerosol containers
• For a full, detailed list, view our report
Market challenge
• Rising popularity of plastic packaging
• For a full, detailed list, view our report
Market trend
• Rising popularity of metal packaging for alcoholic beverages
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p05015543/Global-Metal-Packaging-Market.html
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