The global Metal Packaging market is forecast to reach USD 168.45 Billion by 2027, according to a new report by Reports and Data.
New York, NY -- (SBWIRE) -- 12/16/2020 -- Reports and Data's newest report, titled 'Global Metal Packaging Market,' is primarily focused on the historical and current market analyses. The report stresses on the most fundamental factors that are expected to influence the growth of the Metal Packaging industry over the forecast years. Our team of market analysts has offered meaningful insights into the industry's future growth prospects, implementing a set of avant-garde analytical tools, such as Porter's Five Forces analysis, SWOT analysis, and investment analysis. The report entails significant market information, assessed through both primary and secondary research methodologies, and derives industry-leading insights to help readers get an accurate idea of the ever-evolving Metal Packaging market.
COVID-19 Impact on the Metal Packaging Business Landscape
The latest research report draws readers' focus on the grave impact of the COVID-19 pandemic on the global Metal Packaging market and its key segments and sub-segments. The coronavirus outbreak has had an unprecedented impact on the global economic landscape. The report considers the COVID-19 pandemic as one of the leading contributors to the potential downturn of this business vertical. The global Metal Packaging market has been adversely impacted by the pandemic, which has brought about several disruptive changes to the market dynamics and demand trends. Therefore, the pandemic has led to acute financial crises all across the industry, slowing down the progress of the businesses involved in this sector. However, the report offers an analysis of the overall impact of the pandemic on the Metal Packaging market's growth.
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Global Metal Packaging Market Segmentation:
The latest report enumerates the leading products manufactured in this industry, their application areas, as well as end-use industries.
Leading companies profiled in the report:
Ardagh Group, Tata Steel Packaging, Silgan Holdings, Amcor Ltd., Ball Corporation, Rexam Plc., Alcoa Inc., Toyo Seikan Kaisha Ltd., Emballator Metal Group, and CCL Industries Inc., among others.
Based on product type, the global Metal Packaging market can be segmented into:
-Caps & Closures
-Barrels & Drums
In terms of application, the global Metal Packaging market is categorized into the following:
-Food & Beverage
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-North America (U.S., Canada)
-Europe (U.K., Italy, Germany, France, Rest of EU)
-Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
-Latin America (Chile, Brazil, Argentina, Rest of Latin America)
-Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Highlights of the Report:
-The market report comprises a broad segmentation of the global Metal Packaging market on the basis of product type, application gamut, end-use landscape, regional landscape, and competitive scenario.
-The report lists the key business expansion strategies undertaken by the leading market competitors, such as mergers & acquisitions, collaborations, R&D investments, and product innovations, technological upgradation, etc.
-The report exhaustively assesses the present market situation, downstream buyers, and upstream feedstock.
-Additionally, the report gauges the significant impact of modern technologies, such as artificial intelligence and big data analytics, and social media platforms, on the Metal Packaging market development in the near future.
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