The Industrial Metal Packaging Market size is estimated at USD 54.24 billion in 2024, and is expected to reach USD 61.35 billion by 2029, growing at a CAGR of 2.49% during the forecast period (2024-2029).
The industrial metal packaging market is fragmented due to various global and local players offering various product portfolios for different end-user industries. The key players operating in the market include Greif Inc., Mauser Packaging Solutions, Balmer Lawrie & Co. Ltd, Snyder Industries Inc., SCHÄFER Werke GmbH, and Time Mauser Industries Pvt. Ltd. The players are entering into strategic acquisitions to expand their footprint in the market and strengthen their capabilities.
In May 2024, Mauser Packaging Solutions announced the acquisition of Taenza SA de CV, a company in Mexico that manufactures steel pails, tin-steel general line, sanitary, and aerosol cans. The acquisition would help the company strengthen its manufacturing capability and presence in Mexico.
In May 2023, ENVASES ÖHRINGEN GMBH announced the acquisition of Domiberia Group, a manufacturer of metal packaging for food and industrial products in Spain and the Netherlands. This will help the company broaden its geographical reach in Europe.
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