The global metal packaging market is projected to grow at a CAGR of 3.04%, from US$115.424 billion in 2019 to US$165.105 billion in 2026. The market of metal packaging is expected to be driven by increasing population and changing consumers’ preference towards the packaged food products. In addition to that, the metals have the property of recycling without impacting its quality which makes it more preferable over plastic and paper-based products. Read more...
The food can market is anticipated to grow at a CAGR of 6.17% to reach US$8,490.646 million by 2025 from US$5,928.295 million in 2019. The main objective of food can is to store and preserve food for expeditious transportation, distribution as well as to be used as a container for residential as well as industrial use. The primary factors that are estimated to drive the growth of the global food can market are increasing health-conscious convenience snacking that is marked by a shift in co Read more...
The global self-heating food packaging film market is estimated to reach market size of US$47.629 million by 2025. Self-heating food packaging is a form of active packaging with the ability and function to heat food contents without an external source of power. In recent year’s food and beverage industry has evolved its packaging techniques due to the growing consumers' demand for ready to eat and convenient food products with a longer shelf life. Fast-moving people lifestyle in u Read more...
Global gable top liquid cartons market is expected to grow at a compound annual growth rate of 3.19% to reach a market size of US$3.761 billion by 2024 from US$3.115 billion in 2018. Gable top liquid cartons are used for flexible packaging of products and further prevents them from contamination and also promotes healthier shelf life coupled with rising beverage industry is anticipated to drive the market for gable top liquid cartons market in the upcoming years. Further, the efficiency and reli Read more...
Global aluminum collapsible tubes market is expected to grow at a compound annual growth rate of 5.26% over the period 2019 to 2024 to reach a market size of US$1,831.313 million by 2024 from US$1,346.293 million in 2018. Aluminum collapsible tubes refer to the flexible containers used for the storage of products such as creams, gels, etc. These tubes assist in the prevention from external contaminants such as toxic gases, odour, dust, etc. which may hamper the quality of the substances that hav Read more...
The hydration containers market is expected to grow at a compound annual growth rate of 4.33% to reach a market size of US$8,183.173 million by 2024 from US$6,345.509 million in 2018. Hydration containers are used for storage of fluids. Changing lifestyle coupled with growing disposable income is expected to drive the market for hydration containers. Further, rising sports industry is also a key factor boost the growth of the market. Additionally, technological advancements like introduction of Read more...
Global screw closure market is expected to grow at a compound annual growth rate of 4.31% to reach a market worth of US$41.733 billion by 2024 from US$32.398 billion in 2018. Screw closures are essential part of packaging as these help in improving the shelf life of the product and protect from external contamination. The increasing demand for bottled water across the globe is expected to drive the market for screw closures. Further the growing beverage industry is anticipated to create growth o Read more...
The metal cans market is expected to foresee growth at a CAGR of 1.71% to reach US$57.255 billion by 2024, from US$51.719 billion in 2018. The rising adoption of metal cans in the food and beverage industry is driving the growth of the global metal can (food and beverage) market in the forecast period. This is due to the fact that metal cans help in the prevention of food decomposition and thus preserve it for a long time. The changing lifestyle conditions of people owing to Read more...
North America aerosol cans market is projected to witness a CAGR of 2.58% during the forecast period to reach a total market size of US$16.848 billion by 2023, increasing from US$14.459 billion in 2017. Mature end-use industries coupled with the presence of global aerosol can manufacturers in the region contributes to the growth of North America aerosol cans market. High investment in R&D to manufacture environmental sustainable aerosol cans further supports the growth of aerosol cans mark Read more...
South America aerosol cans market is projected to witness the growth at a CAGR of 4.04% during the forecast period to reach a total market size of US$6.015 billion by 2023, increasing from US$4.472 billion in 2017. Growing industries like automotive, healthcare, food and beverage and others in this region are driving the demand for aerosol cans. Increasing number of cosmetics and pharmaceutical industry players in this region is further contributing to the market growth. Furthermore, rising de Read more...
