Pressurized Metal Containers Market: Overview
Packing has become a vital component in our daily life due to storage and transportation according to the consumers’ need at their doorstep. The increasing demand of a better quality of packaging solution for delivery of different products of different fields like beauty products, personal care with better transport facility has led to the pressurized metal containers manufacturing as this metal containers are very effective in packaging which provides all the required convenient features and high performance to the consumers. Pressurized metal cans, made of aerosol and metal (steel, aluminium etc.) are steadily gaining market share as this products can provide a perfect barrier against all the outer elements like light, moisture, humidity and other elements. Additionally, the nutrition intactness and an extended shelf life associated with these pressurized metal containers are expected to show a decent growth rate over the upcoming years.
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Pressurized Metal Containers Market: Dynamics
Pressurized metal containers can get recycled and for this, the various government rules and regulations against the non-bio-degradable waste disposal are supporting the use of pressurized metal containers and driving the growth of the particular market. Moreover, the ongoing trend in the modern retail industry is driving the fast-moving consumer goods sectors to focus on presentable packaging solution to gain the attraction of consumers which will help in providing an outer look satisfaction to the customers. Additionally, the rising disposable income is driving of consumers is driving the pressurized metal containers market. Ball Corporation has revolutionized the “ReAl” aerosol container which utilizes recycled aluminium to produce a metal alloy that exhibits increased strength in the container. Growth in demand for food consumption owing to the rise in population and beverage consumption in a metal container, metal-based pharmaceutical product (ointment tubes, metal wrappers etc.) and changing lifestyle towards well-packed cosmetics and beauty products are creating growth opportunities for pressurized metal containers market.
But the pressurized metal containers are high in price and the manufacturing process is labour intensive which is restraining the growth of the pressurized metal containers market. However pressurized metal containers are one step ahead of other packaging solutions (plastic, glass) due to its recyclable property and imposed bans on plastic use.
Pressurized Metal Containers Market: Segmentation
Globally the pressurized metal containers market is segmented by material, product and end-uses type.
By material the pressurized metal containers market is segmented as follows:
- Steel
- Aluminium
- Others
By product the pressurized metal containers market is segmented as follows:
- Cans
- Barrels
- Drums
- Others ( e.g. deodorant container)
By end-uses the pressurized metal containers market is segmented as follows:
- Food & Beverage
- Healthcare
- Personal care and Cosmetics
- Others
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Pressurized Metal Containers Market: Regional Overview
Europe region is expected to lead the market of pressurized metal containers due to the increasing demand for home and personal care products. North America after Europe is showing great growth in pressurized metal containers because some new brewing companies has been initiated in the US which is going to increase the demand for aluminium beverage containers. Asia-pacific countries such as China, India are expected to help in growing the market in Asia Pacific region due to its pharmaceutical products and the Middle East & Africa is also anticipated to show a good growth due to the rising number of food and beverage companies in the upcoming years.
Pressurized Metal Containers Market: Manufacturers
- Can-Pack S.A.
- Ball Corporation
- Ardagh Group, S.A.
- TUBEX Holdings
- Euro Asia Packaging (Guangdong) Co. Ltd.
- Aryum Aluminum Aerosols Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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