Research Report on Southeast Asia Metal Packaging Industry 2023-2032

Research Report on Southeast Asia Metal Packaging Industry 2023-2032

Metal packaging refers to the use of metal sheet, for different purposes to produce a variety of different forms of thin-walled packaging containers, including printed iron products, beverage cans, food cans and chemical cans, etc., mainly used in the beverage, food, pharmaceutical and chemical industries. Metal packaging is easy to recycle and dispose of, with minimal pollution, while the stable nature of the metal can ensure the relative safety and long-lasting quality of the packaged goods.

Economic growth and improved living standards have led to an increasing demand for metal packaging in the Southeast Asian market. According to CRI analysis, the beer industry, for example, the beer industry in Southeast Asia is growing faster, Vietnam is the main beer consumer in Southeast Asia, consuming more than 4 billion liters of beer each year, accounting for about 2% of global beer consumption, and this proportion is increasing. Metal cans are lightweight, portable and easy to carry around, and are one of the main packaging containers for beer, and the development of the beer industry in Southeast Asia has driven the growth of its metal packaging industry.

There are disparities in the degree of development of the metal packaging industry in Southeast Asia in different countries. According to CRI analysis, some Southeast Asian countries metal packaging industry market size is large. For example, the scale of Thailand's metal packaging industry is more developed, and Thailand's well-developed beer and beverage industry has attracted companies such as Toyo Seikan, Takeuchi Press, Ball Corporation and Crown Holdings to invest in Thailand. In December 2022, TCP Group and Crown Holdings invested 1.5 billion baht to jointly establish Crown TCP aluminum can factory, which is expected to have an annual capacity of over 820 million cans.

Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of nearly 700 million by the end of 2022, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.

According to CRI's analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$79,000 in 2022. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2022. The population and minimum wage levels of each country also vary greatly. Brunei, which has the smallest population, will have a total population of less than 500,000 people in 2022, while Indonesia, which has the largest population, will have a population of about 280 million people in 2022.

CRI expects the Southeast Asian metal packaging industry to continue to grow from 2023-2032.

Topics covered:

• Southeast Asia Metal Packaging Industry Status and Major Sources in 2018-2022
• What is the Impact of COVID-19 on Southeast Asia Metal Packaging Industry?
• Which Companies are the Major Players in Southeast Asia Metal Packaging Industry Market and What are their Competitive Benchmarks?
• Key Drivers and Market Opportunities in Southeast Asia Metal Packaging Industry
• What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Metal Packaging Industry during 2023-2032?
• What is the Expected Revenue of Southeast Asia Metal Packaging Industry during 2023-2032?
• What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
• What are the Competitive Advantages of the Major Players in Southeast Asia Metal Packaging Industry Market?
• Which Segment of Southeast Asia Metal Packaging Industry is Expected to Dominate the Market in 2032?
• What are the Major Adverse Factors Facing Southeast Asia Metal Packaging Industry?