Global Light Metal Packaging Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2022 –2029 |
 Market Size (Base Year) |
USD 1,810.50 Million |
 Market Size (Forecast Year) |
USD 2,996.37 Million |
 CAGR |
% |
| Major Markets Players |
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Global Light Metal Packaging Market, By Material Type (Aluminum Metal Packaging, Steel Metal Packaging, Others), Packaging type (Cans, Drums and Pails, Aerosols, Tubes and Lids, Barrels, Trays and Foils, Caps and Closure, Bottles and Jars, IBCs, Pallets, Others), End User (Food and Beverages, Personal Care, Healthcare, Household and Consumer, Industrial) – Industry Trends and Forecast to 2029
Light Metal Packaging Market Analysis and Size
The metal packaging market is expected to witness steady growth on the back of rising applications in diverse sectors like food & beverages, personal care, healthcare, household & consumer, and industrial. In last decade, use of light metal materials in the packaging of food and beverage products has increased by two fold, and anticipated to grow with brisk rate during the forecast period, which is the major driving factor for the growth of light metal packaging material globally.
Data Bridge Market Research analyses that the light metal packaging market was valued at USD 1,810.50 million in 2021 and is expected to reach USD 2,996.37 million by 2029, registering a CAGR of 6.50 % during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Light Metal Packaging Market Scope and Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2022 to 2029 |
|
Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD million, Volumes in Units, Pricing in USD |
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Segments Covered |
Material Type (Aluminum Metal Packaging, Steel Metal Packaging, Others), Packaging type (Cans, Drums and Pails, Aerosols, Tubes and Lids, Barrels, Trays and Foils, Caps and Closure, Bottles and Jars, IBCs, Pallets, Others), End User (Food and Beverages, Personal Care, Healthcare, Household and Consumer, Industrial) |
|
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa |
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Market Players Covered |
Ardagh Group S.A, (Luxembourg), CPMC Holdings Limited (China), Toyo Seikan Group Holdings Ltd. (Japan), Can-One Berhad (Malaysia), CANPACK (Poland), Ball Corporation (US), Envases (Spain), Universal Can Corporation (Japan), Interpack Group Inc. (China), GZI Industries Limited (Nigeria), Showa Denko K.K (Japan), Swan Industries (Thailand) company Limited (Thailand), Nampak Ltd (South Africa), The Olayan Group (Liechtenstein), Techpack Solutions (South Korea), Orora Packaging Australia Pty Ltd (Australia), MSCANCO (Germany), Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka), Jiangsu Baosteel Metal Product Co.,LTD. (China), Asia Packaging (Vietnam), Silgan Holdings Inc., (U.S.) |
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Market Opportunities |
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Market Definition
A light metal packaging is mainly made up of two materials: steel sheets, also called aliminium. Steel sheets are plated with organic lac and tin, thus the direct contact of steel with food is inhibited. Hereby, corrosion resistant light metal packages are formed. It is created as the corrosion resistant metal packaging.
Light Metal Packaging Market Dynamics
Drivers
- Highly used for food preservation
Light metal packaging has become a vital part of food preservation procedure which is known as canning. Canned food has become an essential part of diet in developed nations. Light metal packaging delivers a barrier which is resistant to light, air and moisture. The ductile nature of light metal packaging materials make it’s suitable for the seals and closures of numerous type of bottles which are expected to drive the growth rate of the market
- Product protection
Taste and personality are very important for craft brew brands, making the protection of those attributes more essential. Light metal offers a powerful barrier against oxygen and light, they are the two major barriers of craft brews and many other products because they can have an adverse effect on freshness and flavour. Light metals help to enhance craft beer brands on the shelf life.
- Demand of Eco-friendly packaging
Light metal packaging have a number of environmentally friendly strengths: These packaging have a higher rate of recycling compared to other metals. Light metal packaging completely recyclable and can be recycled again and again without any loss in their performance. Recycling aluminum uses approx. 95% less energy than creating aluminum from raw materials. This aluminum can provides a great incentive for recycling light metals
Opportunities
The changing work life style of consumers shortly upward the trend of light metal in the market across the globe. Growing household income, health sector and consumer demand for better safety and quality and increased awareness of maintaining health are the major factors which will lead to the rising demand for light metal in the global market. The demand for light metal is substantial in developed regions and is also increasing gradually in other developing countries. The demand for organic and fresh products, especially increasing demand for the non-carbonated beverages will increase the potential growth of light metal packaging in the upcoming years. Also, rise in emerging new markets and strategic collaborations will act as market drivers and further enhance beneficial opportunities for the market.
Restraints/ Challenges
The high cost of raw materials which is used for the manufacturing of beverages such as aluminium, restricts the consumers from using these products. Additionally, the lack of awareness about the benefits of light metal packaging will also restrain the demand of the light metal in the packaging market. The major challenge faced by manufacturers is replacing metal with polyethylene terephthalate (PET) bottles, especially for packaging of beverage products. Other sustainable packaging materials, like plastic, paper and glass, are more cost-effective which work as an alternative of the light metal packaging and are the major market restrains that will hinder the market's growth rate.
This light metal packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the light metal packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Light Metal Packaging Market
The restrictions imposed by the governments on bauxite mining, recycling activities of aluminium and transportation of raw material has disrupted the industry's supply chain during the covid-19 pandemic. Therefore, a shortage in the supply of beverages cans by manufacturers. However, the demand for healthcare and beverages products had high peaked during the pandemic. The buying pattern of consumers changed drastically, and increasing the consumption of medicines and beverages during lockdown helped in the growth of light metal packaging market.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Recent Development
- In May 2022, Ardagh's growing geographic footprint and revenue growth are due to their innovative metal product designs such as two-piece aluminum, two-piece tinplate and three-piece tinplate food, aluminum and steel beverage cans, and other specialty cans that are gaining traction with the metal packaging company's target consumers.
- In March 2022, Virospack launched child-resistant metal shell dropper bottles to store personal care and cosmetics products. The company plans to increase the number of its product portfolio by adding an extensive range of droppers with elegant, glossy, and premium finished packaging.
Global Light Metal Packaging Market Scope
The light metal packaging market is segmented on the basis of material type, packaging type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material Type
- Aluminum Metal Packaging
- Steel Metal Packaging
- Others
Packaging type
- Cans
- Drums & Pails
- Aerosols
- Tubes & Lids
- Barrels
- Trays & Foils
- Caps & Closure
- Bottles & Jars
- IBCs
- Pallets
- Others
End User
- Food and Beverages
- Personal Care
- Healthcare
- Household and Consumer
- Industrial
Light Metal Packaging Market Regional Analysis/Insights
The light metal packaging market is analysed and market size insights and trends are provided by country, material type, packaging type and end user as referenced above.
The countries covered in the light metal packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the light metal packaging market in terms of market share and revenue and will continue to flourish its dominance during the forecast period. This is due to the rising demand for light metal packaging in this region.
North America is expected to be the fastest developing region during forecast period of 2022 to 2029 due to the rising demand of re-usable light metal packaging in retail sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Light Metal Packaging Market Share Analysis
The light metal packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to light metal packaging market.
Some of the major players operating in the light metal packaging market are:
- Ardagh Group S.A, (Luxemburg)
- CPMC Holdings Limited (China)
- Toyo Seikan Group Holdings Ltd. (Japan)
- Can-One Berhad (Malaysia)
- CANPACK (Poland)
- Ball Corporation (U.S.)
- Envases (Spain)
- Universal Can Corporation (Japan)
- Interpack Group Inc. (China)
- GZI Industries Limited (Nigeria)
- Showa Denko K.K (Japan)
- Swan Industries (Thailand) Company Limited (Thailand)
- Nampak Ltd (South Africa)
- The Olayan Group (Liechtenstein)
- Techpack Solutions (South Korea)
- Orora Packaging Australia Pty Ltd (Australia)
- MSCANCO (Germany)
- Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
- Jiangsu Baosteel Metal Product Co.,LTD. (China)
- Asia Packaging (Vietnam)
- Silgan Holdings Inc., (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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