Global Tinplate Packaging Market Size study & Forecast, by Product Type (Cans, Drums & pails, Aerosols, Lids, Others), by Metals type (Steel, Iron, Tin), by End user Industry (Food & beverage, Personal care, Others) and Regional Analysis, 2023-2030
Global Tinplate Packaging Market is valued at approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% during the forecast period 2023-2030. Tinplate Packaging refers to the use of tin-coated steel sheets, known as tinplate, for the manufacturing of containers or packaging materials. Tinplate is a thin steel sheet coated with a layer of tin, which provides corrosion resistance and a shiny surface. This type of packaging is commonly used for food and beverage containers, such as cans for canned goods, beverages, and aerosol products. The Tinplate Packaging Market is expanding because of factors such as growing demand for convenience food and increasing demand for sustainable packaging solutions. As a result, the demand for Tinplate Packaging has progressively increased in the international market during the forecast period 2023-2030.
Convenience foods often have a longer shelf life with Tinplate packaging which provides an effective barrier against light, air, and moisture, helping to preserve the quality and freshness of the food inside. This is particularly important for items that cannot be consumed immediately after purchase. According to Statista, the global Convenience Food Market accounts for up to USD 653.60 billion in 2024 and is projected to grow at a rate of 6.51% between years 2024 to 2028. Furthermore, in global comparison, China generates the most revenue of about USD 154 billion in 2024. Another important factor that drives the Tinplate Packaging Market is the increasing demand for sustainable packaging solutions. The ability to recycle tinplate packaging helps address concerns related to the disposal of packaging waste. Tinplate cans can be collected, processed, and reused in various applications, minimizing the amount of packaging material entering landfills. In addition, as per Statista, in 2023, the global sustainable packaging market accounts for USD 271.9 billion and is projected to grow significantly, reaching a market value of USD 393.4 billion by the year 2028. Moreover, rising demand for packaging for the e-commerce industry and innovations in Tinplate Packaging solutions are anticipated to create lucrative growth opportunities for the market over the forecast period. However, the high cost associated with tinplate packaging and stringent government regulations is going to impede overall market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Tinplate Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing to the expansion of the beverages industry, and rising demand for packaged food in the region. The region’s dominant performance is anticipated to propel the overall demand for Tinplate Packaging. Tinplate is a type of steel coated with a thin layer of tin, making it corrosion-resistant and suitable for packaging various food and beverage products. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as rising personal disposable income, modernization and changing lifestyles in the region.
Major market player included in this report are:GM Metal Packaging Ltd
Bericap Group
Ardagh Group
Rexam Plc
Silgan Holdings Inc
Alcoa Corporation
Fujian Fuzhen Metal Packaging Co. Ltd.
Emballator Metal Group
Manaksia Group
Crown Holdings Inc
Recent Developments in the Market: In February 2023, Ardagh Metal Packaging acquired a majority stake in a digital can printing company NOMOQ. This strategic step underscores Ardagh’s commitment to increasing its support for new competitors in the beverage business, as well as providing a platform for all its European customers to gain access to the same cutting-edge print technology.
Global Tinplate Packaging Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product Type , Metals type, End user Industry, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Product Type
Cans
Drums & pails
Aerosols
Lids
Others
By Metals type
Steel
Iron
Tin
By End user Industry
Food & beverage
Personal care
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.