The Metal Packaging Market size is estimated at USD 154.29 billion in 2024, and is expected to reach USD 183.59 billion by 2029, growing at a CAGR of 3.54% during the forecast period (2024-2029).
The metal packaging market demonstrates resilience and growth, driven by diverse factors such as increasing industrial activities, expanding food and beverage consumption, and growing environmental awareness. Due to its durability and protective qualities, industrial metal packaging, including IBCs, bulk containers, drums, and closures, is witnessing steady demand from sectors like chemicals, lubricants, and agricultural products.
The metal packaging market is fragmented, consisting of significant players such as Ball Corporation, Crown Holdings Inc., Silgan Holdings Inc., Can-Pack SA (CANPACK Group), and Ardagh Metal Packaging SA (Ardagh Group). The key players in the market are focusing on increasing their market presence by introducing new products, expanding their operations, or entering strategic mergers and acquisitions.
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