Health Care

Metal Cans Market to Reflect Impressive Growth Rate by 2019

Metal Cans Market to Reflect Impressive Growth Rate by 2019”

According to the report, the global metal cans market for foods is driven by the high demand from the food and beverages industry and is expected to reach a value of US$51.6 bn by 2019, rising from US$43.8 bn in 2012. Out of the many metals, steel and aluminum are the most popularly preferred metals used for packaging foods and beverages.

According to the report, global demand for retort packaging market was valued at Dollars 28.0 billion in 2015 and is expected to reach USD 43.50 billion in 2021, growing at a CAGR of 6.5% between 2016 and 2021. To show the global market by regions, with sales, revenue and market share of Dairy Packaging Industry, for each region. These packets are made from a layer of flexible plastic and metal foils. Food & beverage metal cans are used in the large quantity by the packaging industry. A retort is a process that uses heat and pressure to cook food in a strong, sealed package.

Metal cans have become increasingly popular for packing deodorants and hairsprays and are also used in the pharmaceuticals industry, driving the global metal cans market. However, a high cost of development and rising concept of raw material recycling is a major restraint that may limit the retort packaging market. The Facial Care Packaging market study is based on major geographical regions (North America, Europe, Africa, India, Middle East, Africa, China, Japan). Nonetheless, ongoing research and development in packaging techniques are likely to open new doors for the retort packaging demand.

The global food & beverage metal cans market is categorized based on its application, type, material, and components. Pouch packaging was leading segment of global retort packaging market. Within the beverages segment, alcoholic beverages accounted for 40% of the global demand for metal cans in 2012.

The Facial Care Packaging market review also provides information stating the downstream buyers and raw materials analysis, Facial Care Packaging market development status, major vendors, technical advancements, business tactics which will help the emerging market segments in taking useful decisions that will fuel the growth of Facial Care Packaging industry. Trays are the second largest segment of the retort packaging market in the same year. Moreover, medical and healthcare is important outlets that are expected to have promising growth during the years to come. The global Chilled Food Packaging market analysis further consists of a competitive landscape of Chilled Food Packaging market, Chilled Food Packaging market development history and major development trends presented by Chilled Food Packaging market. Constantly growing adoption of desserts in everyday food consumption conducts, especially in highly populated regions such as Asia Pacific and Europe is propagating the demand of dessert packaging.

Some of the key companies involved in the global retort packaging market include Mondi Group, Otsuka Holdings Company Limited, Sonoco, Amcor Limited, Bemis Company Inc., Berry Plastics, Clondalkin Industries BV, Astrapak Limited and amongst others. While, Middle East and Africa are also anticipated to see lucrative growth opportunities as the region is witnessing rapidly evolving living standards of consumers in the region.

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