Metal Packaging Market Research Report – Forecast to 2022
Global Metal Packaging Market by Product (Cans, Drums & Barrels, Caps & Closures, Others), by Material (Steel, Aluminum and Others), by Application (Beverage, Food, Personal Care, Pharmaceuticals and Others) by Region (North America, Europe, Asia-Pacific, Rest of World) - Forecast to 2022 Market Synopsis of Global Metal Packaging Metal packaging is the process of enclosing or protecting products using materials such as aluminum and steel for distribution, storage, sale, and use. Such packaging is used across industries such as food & beverages, chemicals, pharmaceuticals, and personal care. The growth of global metal packaging market can be attributed to factors such as increasing disposal income and changing consumer preferences. In addition, growing demand from the food and beverage markets has been instrumental in fuelling the overall growth in the packaging industry. However, increasing material cost and environmental issues are the major restraints to the growth of market. The global metal packaging market is poised to grow approximately at 3.28% CAGR and is estimated to touch USD 138.1 Million by the end of 2022.
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